Home Loans in Indore

Home loans in Indore can be availed by eligible individuals with interest rates that range from 7.35% to 11.50% p.a. with processing fees of up to 0.50% of the loan amount. Providers in the city offer repayment tenures of up to 30 years with maximum loan amount of up to Rs.30 lakh or even without any upper limit.

Home Loan Interest Rate in Indore

Interest Rates

7.35% to 11.50% p.a.

Processing fee

Up to 0.50% of loan amount

Maximum Loan Amount

Amounts exceeding Rs.75 lakh

Maximum Tenure

Up to 30 years

Compare: Home Loan Interest rate

Best Home Loan Providers in Indore

    Home Loan Providers

    Branch Location

    Axis Bank

      No 1, Kamal Palace,Yeshwant Niwas Road,Yeshwant Colony,Indore-452003  

    Federal Bank

      C-3, Brageswari Extension,Main Road, DA Scheme No.140,Indore  

    HDFC Bank

      91A, SCH 54,Ankur Allery, Sector A,AB Road, Vijay Nagar,Indore-452010  

    IDFC First Bank

      UG 1, 1A, 2, 3, 3A, 3B,UG Floor, Commerce House,7, Race Course RoadIndore-452001  

    Kotak Mahindra Bank

      914/Scheme No.44,Khatiwala Tank,Sapna Sangeeta,Indore  

    State Bank of India

      Near GPO,AB Road,Indore-452001  

    Eligibility and Documents Required

    Purpose

    Eligibility

    Documents Required

    Age

    18 years to 75 years

    Voter ID, passport, PAN card, driving license

    Residency

    Resident of India

    Driving license, voter ID, PAN card, passport

    Employment

    Self-employed or salaried

    Employee ID

    Income

    Salaried – Starting at Rs.10,000 p.m.Self-employed – Starting at Rs.1.8 lakh p.a.  

    For self-employed:

    1. Income tax returns of the previous 3 years
    2. Profit & loss accounts with balance sheet of the previous 3 years
    3. Bank statements of up to 12 months prior

    For salaried:

    1. Last 3 months' salary slips
    2. Last 6 months' bank statements
    3. Latest Form 16 and IT returns

    You can now own your own home in Indore with the help of affordable home loans from any of the leading banks in the city listed above. All you have to do is walk into your nearest branch or visit the official website to get started on your loan application to make your dream home a reality right now.

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