Indiabulls Home Loan

Offered by lenders across the country, home loans are a great way to purchase your dream home. Among the many home loan financing options available is the Indiabulls Home Loan, a popular option with many features.

Offered by Indiabulls Housing Finance Limited, Indiabulls Housing Loans give you financing for a number of housing expenses, such as

• Purchase of a residential property 

• Construct a new home 

• Renovate an existing property 

• Transfer an existing home loan from another lender to Indiabulls

With a competitive Indiabulls Home Loan rate of interest, you can get affordable access to home ownership. Read on to learn more about the Indiabulls House Loan, its eligibility requirements, features, types, and more.

The Indiabulls Home Loan interest rate and charges are as follows:

Disclaimer: Above-mentioned rates and charges are subject to change at the lender’s discretion.

Here is a comparison of Indiabulls Home Loan’s current interest rate and other terms with other lenders:

Disclaimer: Above-mentioned rates are subject to change at the lender’s discretion.

You can easily estimate the EMI amount for your Indiabulls Housing Loan by using their EMI calculator. With this calculator, you can try different permutations and combinations of loan terms to find the ones that best fit your budget. 

This ensures that you can repay the Indiabulls Home Loan on time without straining your finances. To use the calculator, enter the necessary details, such as loan amount, tenure, and interest rate, into the Indiabulls Home Loan EMI Calculator and submit it.

The Indiabulls Home Loan documents required are as follows:

• Duly filled and signed application form

• Property documents (Sale agreement, NOC, etc.)

• KYC documents

• Cheque for the processing fee

• Income proof

1. Bank statements, salary slips, and Form 16 for salaried applicants

2. Bank statements, ITRs, and financial statements for self-employed applicants

Meeting the Indiabulls Housing Loan eligibility requirements is crucial in increasing the chances of getting seamless access to funds. The Indiabulls Home Loan eligibility criteria are as follows:

• You must be at least 21 while applying and not over 65 when the tenure ends

• You should be either salaried or self-employed

• You should meet the minimum income requirement and credit score

You can use a home loan eligibility calculator to check your eligibility. This will enable you to apply for a loan that’s within your repayment capacity and meets the lender’s requirements.

The types of home loan schemes offered by Indiabulls are as follows:

1. Home Loan Balance Transfer

With a home loan balance transfer , you can transfer the balance of your existing loan to the housing finance company and enjoy a more cost-effective repayment plan. Generally, a balance transfer of home loans happens at a reduced interest rate, helping you save on EMIs and overall interest costs.

2. Rural Home Loan

Aimed at providing financing to individuals residing in rural and semi-urban areas, this scheme makes owning a home accessible and affordable. 

3. Home Renovation Loan

This loan allows you to avail of funding specifically for renovating your home. With this, you get the chance to upgrade, enhance, or personalise your homes as per your vision. 

4. Home Extension Loan

Specifically designed for borrowers who want to make extensions or additions to their residential property. This scheme offers them the necessary funds to expand or enhance their homes as per their requirements.

5. Home Loan for NRIs

Tailored for Non-Resident Indians (NRIs), Indiabulls Home Loan for NRIs is for those who want to purchase or construct a residential property in India. It offers attractive financing options and flexible repayment tenures to cater to the unique needs of NRI borrowers.

To apply online, these are the simple steps to follow.  

• Visit the official Indiabulls Home Loan webpage

• Click on “Apply Now” 

• Choose the home loan option and enter your mobile number

• Enter the OTP, agree to the terms, and click “VERIFY”

• Fill out the application form and proceed with loan processing

Indiabulls customer care team offers assistance to customers with their queries, concerns, and grievances. You can reach the team by calling 1800 572 7777 between 9 am to 6 pm from Monday to Saturday. 

You can also email them your query at homeloans@indiabulls.com. Lastly, you can even send feedback or a query through their official website.