Indian bank offers home loan for purchase or to construct a house / flat / renovate / repair or alter an existing house / flat.

Indian Bank Home loan:
Interest Rates 9.65% – 9.95%
Max. Loan Amount upto 10 crore
Processing Fees 0.225% or Max Rs.20,000/-
Prepayment Charges Nil
Min. Income Rs.10000/- p.m
Loan Repayment upto 30 years

Eligibility Indian Bank Home Loan-
Age must be in 18 to 65

Minimum 3 year job experience for salaried borrowers

Businessmen, Professionals and Self-employed with minimum experience of 3 years

Pensioners with eligible repayment ability are eligible.


Loan amount you can get from Indian bank: -
Borrowers can get upto 36 times of gross monthly income or 60 times of net monthly income whichever is higher.


Interest Rates of Indian Bank Home Loan
Floating Interest Rates- Upto 75 Lacs Above 75 Lacs
Loan Schemes 9.65% 9.90%


Indian Bank offers upto 90% of loan amount for property of Rs.30 lakh & 85% for the property costing 30 lakhs & above.

Processing fees
0.225% of loan amount with a maximum of Rs.20,000/


Documents to be submitted for processing the application: -
1. Completed Application Form with passport size photograph.

2. Proof of Identity such as PAN Card / Voter’s ID/Passport/Driving License.

3. Proof of residence such as Recent Telephone Bill / Electricity Bill / Property Tax Receipt / Passport / Voter’s ID

4. Proof of business address in respect of businessmen / industrialists

5. Proof of Employment.

6. Salary Certificate.

7. Proof of other income like rent, interest on investment, if any.

8. Balance Sheet for the past three financial years in the case of Professionals, Businessmen & Self employed.

9. Income Tax / Wealth Tax (if applicable) Returns for the past 3 years

10. Agreement of Sale / Sale Deed

11. Approved Building Plan.

12. Title Deed Documents for 30 years.

13. Proof of title in the Revenue Records