Indian Bank gives an extensive variety of keeping money items and answers for many clients crosswise over India, and furthermore offers home advance items at appealing and moderate rates, which can be used for an assortment of lodging needs and prerequisites, for example, the buy of a private property, development or redesign of a house and substantially more. Clients from all kinds of different backgrounds can apply for a home advance through Indian Bank, which can be reimbursed in simple portions over some undefined time frame.

Qualification Indian Bank Home Loan-

Age must be in 18 to 65

Minimum 3 year work involvement for salaried borrowers

Businessmen, Professionals and Self-utilized with least understanding of 3 years.

Pensioners with qualified reimbursement capacity are qualified.

How much advance sum you can get from Indian bank: –

Borrowers can get upto 36 times of gross month to month salary or 60 times of net month to month pay whichever is higher.

Borrowers can add Spouse Income to get more credit qualification.

Home Loan Interest Rates Indian Bank

Indian Bank offers attractive home loan rates in the range of 8.50% to 8.60%, with special discounted rates for specific category of borrowers such as women borrowers for whom the bank offers the lowest interest rate of 8.50%.

Indian Bank Home Loan Interest Rates

Interest Rate
8.50% - 8.60%

Processing Fee
Upto 0.23%

Maximum
Rs. 20,381

Max Tenure
20 years

Lowest EMI
Rs. 868 per lakh

Prepayment, Foreclosure Charges
Allowed with Nil charges for floating rate loans

Age
Min 18 and Max 60 years for Salaried
Min 18 and Max 60 years for Self Employed

Indian Bank Home Loan Floating

Loan Amount
Rate

Upto Rs. 2,500,000
8.50%

Rs. 2,500,001 - 7,500,000
8.50%

Rs. 7,500,001 - 20,000,000
8.60%

Above Rs. 20,000,000
8.60%