Wednesday, 15 August 2012

IDBI Bank Housing Loan

IDBI Home Loan provides solution to all your worries regarding home financing by providing housing loans at attractive loan rates.
With IDBI Bank Home Loans you can avail the advantages like option between fixed & floating rate of interest, EMI, service at your doorstep along with easy to understand documentation as well as legal & technical assistance IDBI Home Loans also gives the balance transfer facility and housing loans at a very low interest rate.

Advantages of IDBI Ultra Flexible Home Loans
  • Maximum Funding
  • Flexibility of choosing between Floating or Fixed interest rate
  • Attractive rate of interest
  • EMI on daily reducing balance
  • Personalised doorstep service
  • Simple documentation
  • Legal and technical assistance
  • Balance transfer facility
  • Reassessment and adjustment of applicant’s loan eligibility in case of change of income and residence status
Besides this, insurance on your loan amount is also offered by IDBI Bank.
You can take IDBI Housing Loan for a period of 20 years if you are employed while self-employed can avail the loan only for a period of 15 years and in case of NRI’s it is only 10 years. 90% of the cost of home can be covered.
IDBI Home Loan offers two options of interest rate, 14% and 14.25% on Fixed Rate Home Loans for 3 years and 5 years respectively. The Floating Rate Home Loan for the tenure of 1-20 years is 11.25%.

If you are looking for home loan finance you apply for IDBI Housing Loan. With an IDBI Housing Loan, you can bring to life the house of your dreams. You could buy a self-contained flat in an existing or proposed co-operative society, in an apartment owner’s association or even an independent single-family or multi-family bungalow or row house as well as a house that you like anywhere in India….


Housing Loan      Housing Loan in India

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