Indiabulls Home Loan Interest Rates

• Affordable interest rates
• Home Loan application and approval process is very simple and hassle-free.
• Loans available for NRIs living in the UAE and the UK.
• The tenure of the Home Loan is maximum up to 30 years.
• Income tax benefit is available under section 24 and section 80C of the Income Tax Act.
• One can apply for a Home Loan individually or jointly and the co-applicants need not be the co-owners of the property.
• Zero hidden cost.
• Simplified documentation.

Following are the charges and fees associated with the Indiabulls Home Loans apart from interest rate:

The final interest rate for Indiabulls Home Loan depends on the profile, loan amount, tenure, and type of property. Indiabulls offers attractive floating interest rates on housing loans in the range of 8.65% to 11.85% per annum. Women borrowers get a concession on housing loan interest rate at Indiabulls.

• Loan amount: The interest rate for a housing loan at Indiabulls depends upon the loan amount you apply for. The higher the loan amount, the lesser will be the rate of interest.
• Existing customers: Indiabulls offers discounted interest rates to its existing customers in view of their cordial relationship.
• Type of loan opted for: Indiabulls offers differential interest rates for different schemes.
• The income of the borrower: The rates may vary as per the borrower's monthly income and repayment capacity.

• The applicant of the loan must be a resident of India/ NRI (for Home Loan to NRIs)
• The applicant needs to have a steady source of monthly income.
• Salaried as well as self-employed applicants can apply for the loan.
• The credit history of the applicant must be good with no default/delayed payment records.
• The applicant should be minimum 21 years of age at the time of application and maximum 65 years at the time of loan maturity.
• Indiabulls Home Loans can be availed to buy a house/plot or renovate/extend an existing home.