IDBI Home Loan | IDBI Home Loan Interest Rate | Complete Details - BankBazaar
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IDBI Home Loan

IDBI bank offers IDBI home loans to people who want to purchase a new or under-construction property or land as well as to those who want to transfer an existing home loan to an IDBI home loan.

Features & Benefits of IDBI Home Loan

  1. Reassessment and adjustment of applicant's loan eligibility in case of change of income and residence status
  2. Maximum funding
  3. Flexibility of choosing between floating or fixed interest rate
  4. Legal and technical assistance, simple documentation and doorstep service
Details of IDBI Home Loan. Use our calculator to compare offers from multiple banks
Interest Rate (Daily reducing balance) Loans up to Rs. 30 L: 8.75% floating
Loans from Rs. 30 L to Rs. 50 L: 9% floating
Loans above Rs. 50 L: 9.25% floating
OR
11% fixed for first 5 years

Base Rate is currently 8%
Processing Fees 1% of loan amount
Loan Tenure 5 year - 25 years
Amount Funded Up to 85% of property value
Partial Pre-payment Charges Nil
Pre-closure Charges No fee if pre-closed after 6 months without transferring to other banks.
2% to 3% of pre-closed amount otherwise.
Guarantor Requirement Guarantor not required
Documents
  • Identity proof (Voter card/Driving license/Indian Passport and a photograph)
  • Residence Proof (Ration card/latest electricity bill/telephone bill/credit card bill)
  • Last 6 months bank statements
  • Processing fee cheque
  • Form 16 and Latest Salary (Only for Salaried)
  • Last 3 years Profit /Loss Balance Sheet, IT returns and educational qualification certificates (Only for Self Employed)

Get lowest home loan interest rate in 2 minutes from IDBI   


Recently made loan offers
Rs.31.30 lakhs for Rs.26,670 EMI
8.25%  Rate 240 Tenure

Total Interest PayableRs. 3,723,476

Total Tax + FeesRs. 11,030

Total Interest + FeesRs. 3,734,506

Submitted 27 minutes ago
Rs.24.90 lakhs for Rs.21,216 EMI
8.25%  Rate 240 Tenure

Total Interest PayableRs. 2,878,655

Total Tax + FeesRs. 11,030

Total Interest + FeesRs. 2,889,685

Submitted 41 minutes ago
Rs.32.10 lakhs for Rs.27,351 EMI
8.25%  Rate 240 Tenure

Total Interest PayableRs. 3,818,645

Total Tax + FeesRs. 11,030

Total Interest + FeesRs. 3,829,675

Submitted 41 minutes ago
 
Some fields are incorrect or have not been filled in. Please correct this to proceed.
Include only the following components of cost: Basic Selling Price, car parking (covered/open), electricity/water charges, Internal Development Charges (IDC), External Development Charges (EDC), Preferential Location Charges (PLC), Stamp duty and registration charges.
As per the Agreement to Sale or as per the Registered Sale Deed value, whichever is higher.
Cost of construction as per engineering estimate.
Current outstanding balance on the home loan you wish to transfer.
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Choose 'Salaried professional' if you are salaried and are qualified as a doctor, dentist, lawyer, architect, engineer or chartered accountant
Slowly start typing your employer's name and choose from the recommendations provided. If you do not see your employer on our list, simply type the name in this field.
This is your gross monthly salary as per your monthly payslip prior to deductions.
This is your net monthly salary as credited to your bank account after all deductions.
This is the approximate sum of all monthly incentives, if any, earned by you.
This is the annual bonus, if any, earned by you.
This is the sum of all monthly payments that you are making on all your currently open loans.Please ignore those loans where loan term outstanding is less than 12 months.
 / 
 / 
Choose 'Salaried professional' if you are salaried and are qualified as a doctor, dentist, lawyer, architect, engineer or chartered accountant
Slowly start typing your employer's name and choose from the recommendations provided. If you do not see your employer on our list, simply type the name in this field.
This is your gross monthly salary as per your monthly payslip prior to deductions.
This is your net monthly salary as credited to your bank account after all deductions.
This is the approximate sum of all monthly incentives, if any, earned by you.
This is the annual bonus, if any, earned by you.
This is the sum of all monthly payments that you are making on all your currently open loans.Please ignore those loans where loan term outstanding is less than 12 months.
The information I have provided is accurate. I understand that final credit approval is at the sole discretion of the financial institution.


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