IndiaBulls Home Loan Rajat April 08, 2019 11:29 Updated Bank Name Interest Rate Range Processing Fee Range Loan Amount Tenure Range IndiaBulls Home Loan 8.75% - 11.0%Floating Up to 0.5%One time fee 2L - 3Crs 1-30 Years Bank Name Interest Rate Range Processing Fee Range Loan Amount Tenure Range IndiaBulls Home Loan 9.25% - 11.20%FIXED Up to 0.5%One time fee 2L - 3Crs 1-30 Years Bank Name Interest Rate Range Processing Fee Range Loan Amount Tenure Range IndiaBulls Home Loan 8.70% - 10.95%Floating Up to 0.5%One time fee 2L - 3Crs 1-30 Years Things you'll love No guarantor required No pre-closure and part payment fee Documents Required KYC-PAN, address & ID proof Income proof, bank statement and one photograph Perks Door step service E-approval Part-payment available Top-up loan available No guarantor required Balance transfer Fees & Charges Preclosure fee = 0 Part payment fee = 0 Good To Know Branches 200+ Headquartered in Gurgaon, Indiabulls is among India's Biggest Housing Finance Company (HFC). Recognised for the eminence in providing financial services at competitive prices, Indiabulls is rapidly growing its network throughout the nation. Among their more popular products is the home loans they give. Indiabulls home loans can be availed by visiting their division or applying online. Interest Rates of Indiabulls Bank Home Loan Indiabulls Bank Home Loan Details Interest Rate (Floating) General Borrowers - 8.75% to 11.0% Women Borrowers - 8.70% to 10.95% Interest Rate (Fixed) 9.25% to 11.20% Processing Fees Up to 0.5% of the loan amount Loan Tenure 1 year to 30 Years Partial pre-payment Charges Nil Pre-closure Charges Nil Guarantor Requirement No Guarantor Required Indiabulls Home Loans provides you an opportunity to live your dream of having a gorgeous residence. Indiabulls home loan schemes are especially designed to satisfy the varied needs of individual customers. Complete assistance from the Indiabulls customer counseling team, doorstep service, immediate approval, quick processing, record checklist service and quick disbursal of the loan create the company a very common choice for availing home loans. Indiabulls will lead you through each step of the whole process -- by thinking of owning a home to really getting it. Indiabulls Housing and Finance Ltd. is one of the top and most favored brands in real estate and housing in the nation. By offering comprehensive tools like Home Loan Eligibility Calculator, EMI Calculator, Tax Benefit Calculator, the organization makes sure that the borrower gets the best bargain. Having a house is a intelligent investment and comes with great tax benefits. Explore Home Loans interest rates of Indiabulls home loan India Bulls intends to offer the ideal cost effective home loan on the sector and hence offers attractive interest rate on its home loan. The bank provides a floating interest rate starts at 8.55percent to a max of 10.75percent because of its overall clients. The bank provides a unique interest rate because of its girls customers in a floating interest rate at 8.50% to 10.75% Indiabulls Home Loan Variable Rate of Interest Home loan amount Variable Rates (%) Upto and including Rs. 75 lacs 8.80 % to 10.35% More than Rs. 75 Lacs and upto Rs. 300 lacs 9.00 % to 10.95% More than Rs. 300 Lacs 9.25 % to 11.00% Note: ROI to be 0.05% higher if property is not owned/co-owned by women borrower/co-borrower. Features and benefits of Indiabulls home loan The maximum provided tenure for repayment of loan is 20 years. Instant loan application and approval on the corporate portal. Very attractive and competitive interest rate. Hassle free application process with quick turnaround time. Client centric approach, immensely flexible and robust support. Save tax per Section 24 and Section 80C of the Income Tax Act. The maximum loan on offer is 80% of the total price of the property. This rule applies for loan amountsexceeding Rs.20 lakhs. For loans around Rs.20 lakhs, the most loan offer is 85%. Flexibility to apply for the loan either separately or jointly. Co-applicants shouldn't be co-owners. Indiabulls home loan eligibility criteria The applicant must satisfy the following conditions to be eligible for the loan: He/she must be a resident Indian. NRIs can only apply for the NRI Home Loans. The loan amount can only be used to purchase properties in India. The applicant must be older than 21 years and must not be over 65 years at loan maturity. He/she must have a steady source of income, as proved by accompanying documents. He/she must have a good credit history, with no obvious red flags. Documents required for Indiabulls home loan The following lists the documents to be submitted at the time of loan application, Duly filled and signed application form Processing Fee Cheque Identity proof with date of birth mentioned Proof of residence/address Income documents - For salaried individuals: Salary slips, Form 16 and bank statement For self-employed individuals: ITRs with financial statements, Bank statement Property Documents Tired of paying rent? Maybe it’s time you got your own abode. Explore Home Loans IndiaBulls home loan fees and charges: Processing fees: Upto Rs.10,000 for a loan amount of upto Rs.28 lakh. Upto 0.5% for loan amount between Rs.28.01 lakh and Rs.300 lakh. 0.5% to 1% for loan amount above Rs.300 lakh. ECS / PDC – Rs.250 Late payment -24% p.a. of the outstanding EMI. Statement account charges or amortization schedule – Rs.200. Retrieval of documents – Rs.5000. Transaction handling charges – Rs.2,500. Database admin fee – Rs.650. Indiabulls home loan EMI calculator Like its offline namesake, a house Loan Calculator (house loan EMI calculator, is also a frequent title ) enables a user the ease of calculating his/her house loan Equated Monthly Installments (EMI), electronically and using a minimum input of period. A prime example of this a time-saving, friendly and interactive Home Loan EMI Calculator can be seen on IndiaBulls mortgage. This instrument Provides the next discerning benefits - Quick Turnaround: EMI calculations accomplished in mere seconds. Comprehensive Info: All facets of your home loan EMI, explained and attractively displayed. Experiment: Try different tenures and interest rates, find the best combination for you. 100% Free: This lightning fast tool is completely free to use. Happiness is buying your dream home. Are you living the dream yet?Explore Home Loans Why apply for Indiabulls home loan? Comparative Study:The site gives you the option of comparing Indiabulls Home Loans against the loans provided by other fiscal organizations/banks. You can also take help from the customer support team to assist you with all your questions. Credibility:you'll be able to receive all the information associated with Indiabulls Home Loans in detail. Be it the terms and conditions, interest rates or some other unique information. The best part being that all info is updated and easily available. Quick and Convenient:Apply for Indiabulls house loan from the comfort of your office/home. Privacy:The private information you provide, with respect to the loan application, will be shared only by Indiabulls. Aside from this, it is going to be treated with the utmost care and kept completely private. Home loans including loans for NRIs This is the standard loan, applicable for resident Indians who would like to purchase property in India. A thorough package that is intended for its wise borrower, the India bulls house loans offer you a range of features and benefits that are customized to the Indian context, also in line with the express needs of an Indian subscriber. If you are an NRI, and currently living in the UK or even Dubai, Indiabulls provides a highly effective medium to purchase property in India, without needing to compensate or overpay to balance out your NRI status. Indiabulls home loans against property Indiabulls offers loans against property. This scheme includes numerous advantages to its borrowers. Funds could be produced by unlocking the house value in addition to the luxury of remaining in the home, and can also meet the need for any immediate expenditures. It may also be utilized for something like purchasing another house/property or company expansion. FAQs On Indiabulls home loan What type of property can be purchased with the Indiabulls Home Loan? Purchase of flats, apartments, independent house, bungalow etc. Property that is part of an existing owner’s association or co-operative housing society. Residential plots, constructing a new house, buying a plot and then building a house. Extending your current home by adding rooms, floors, etc. Renovation and/or repair of the current residential property. What are the applicable processing fees charged prior to loan disbursement? Loan Amount. Applicable Processing Fee. Upto Rs.28 lakhs Rs.7,500 From Rs.28 lakhs to Rs.50 lakhs Maximum 0.50% of the loan amount Above Rs.50 lakhs Upto 0.50% to 1.00% of the loan amount Who must I choose as co-applicant(s) for the loan? Any immediate family member (must be related by blood). Spouse, Children Remember that the co-applicants need not necessarily be co-owners. What is the maximum available repayment tenure? The maximum repayment tenure is 30 years. However, the term is limited to the applicant attaining the age of 65 years or the accepted retirement age, whichever comes first. Name the various formats of home loans extended by Indiabulls? Home loans are offered when the applicant needs the same for the following conditions- To purchase a brand new house To buy a residential plot and then construct a house When applicant transfers his/her balance from another lender to Indiabulls Loans against existing property Loans for builders against existing properties About myITreturn.com myITreturn.com is India's leading Tax and Compliance solutions provider. Our solutions are used by over 3 million users and by ET & Fortune 500 companies. 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