Please tell me does provisional educational certificate also required to apply for Home From, IDBI Bank and please also let me know more about loan?

According to me yes if you are Self Employed Professional and here I will get details of IDBI Bank, home loan.

Maximum Loan Amount:
Loan Amount Maximum Funding

Up to Rs 20 Lakh Up to 90% of Market value/ document cost of the property, whichever is lowest

Above Rs 20 Lakh to Up to Rs 75 Lakh Up to 80% of Market value/ document cost of the property, whichever is lowest

Above Rs 75 Lakh Up to 75% of Market Value/ document cost of the property, whichever is lowest

Maximum Loan Tenure:
Category Loan Tenure
Salaried Up to 30 years

Self Employed Professional Up to 20 years

Self Employed Non Professionals Up to 20 years

Eligibility
(1) Salaried individuals who have at the time of loan application attended the age of 22 years and maximum age at the termination of loan should not be 70 years subject to establishment of satisfactory repayment.

(2) Self Employed Professionals (viz.doctors, engineers, dentists, architects, chartered accountants, management consultant, company secretary, etc) who have attended the age of 25 years at the time of application and maximum age at the time of termination of loan should not be above 70 years.

(3) Self Employed Non Professionals (Businessmen) who have attended the age of 25 years at the time of application and maximum age at the termination of loan should not be above 65 years. Maximum age under the category may be relaxed subjected to availability of proper succession plan of the business.

Documents required
Salaried Customers
Application form with photograph
Identity and Residence Proof
Latest Salary-slip for last 3 months
Form 16/ITR
Last 6 months bank statement
Processing fee cheque


Requirement of Document



Address:-
IDBI Bank
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.

Phone:-
1800-200-1947
1800-22-1070