Indian Bank offers house loans starting at 7.90% p.a. for terms up to 30 years and loan amounts up to 90% of the property's value. The bank also provides an overdraft facility through its 'IB Home Advantage' scheme, a balance transfer facility, and 'IND AWAS,' a unique home loan facility for PMAY-CLSS interest subsidy applicants.
Here are the Indian Bank Home Loan Interest Rate for 2022-
CIBIL Score |
Interest Rate |
750-799 |
8.05% |
800 and above |
7.90% |
CIBIL Score |
Interest Rate |
Up to 700 |
9.40% |
701-750 |
9.25% |
Above 750 |
9.20% |
CIBIL Score |
Interest Rate |
Up to 700 |
8.40% |
701-750 |
8.25% |
Above 750 |
8.20% |
CIBIL Score |
Interest Rate |
Up to 700 |
8.90% |
701-750 |
8.75% |
Above 750 |
8.70% |
CIBIL Score |
Interest Rate |
Up to 700 |
9.30% |
701-750 |
9.25% |
751-800 |
8.90% |
Above 800 |
8.80% |
Type |
Interest Rate |
General |
8.95% |
Women (Salaried with check-off facility) |
8.40% |
Women (Non-Salaried) |
8.65% |
To apply for this loan, you must meet the following requirements:
Here are the different types of Indian Bank home loans available-
The aim of this scheme is to buy/build a new house/flat, to buy a plot/existing house or flat, to repair/renovate/extend an existing house/flat, and to use the balance transfer facility.
The aim of this scheme is to buy a plot duly approved by the competent authority.
This scheme is For the acquisition or building of a flat/home, as well as the repair/renovation/alteration of an existing house for NRIs and PIOs.
This is for NRI purchases plots in non-rural areas with layouts approved by government authorities.
This scheme is for the purchase of household furniture, TV sets, fridge, kitchen racks, and more.
This is a scheme for any bonafide purpose other than speculative purposes.
This scheme is for the repair and renovation of residential houses or flats.
It is affordable housing for the urban poor with credit-linked subsidies on home loans taken out by the urban poor (EWS/LIG) for house purchase/construction.
Sr. No. |
Related Topics |
1. |
|
2. |
|
3. |