|
|
| COMPARE : HOME LOANS |
|
|
|
|
|
|
|
| Introduction |
|
| Indian Bank home loan scheme enable you to you to cherish your dream of owning a house. Individuals, salaried class, businessmen, professionals and self-employed people, who have a working experience of 3 years or have completed a minimum period of service can avail this scheme. Bank also offers loan to pensioners who have good net worth / repayment capacity. However the pensioner needs to produce a guarantee / NOC from his legal heir in order to avail the loan. You can take the loan for purchasing a new house / flat or for repairing the existing one. In case you are planning to construct the house then also you can apply for the home loan by Indian bank. |
|
|
|
|
| Highlights |
|
| Interest Rate |
10.2% |
| Loan Amount |
a)upto Rs. 20 lakhs : 10%
b) above Rs. 20 lakhs upto Rs.75 lakhs : 20%
c) above Rs.75 lakhs: 25%
|
| Tenure |
Min. - 5 Yrs.
Max. - 20 Yrs.
|
|
|
|
Interest Rates
|
|
| Tenure |
Interest Type |
Interest Rate |
Offer |
| 1 - 20 Yrs. |
Floating |
10.25 % |
|
|
|
|
 Fees & charges
Fees & charges
|
|
| Processing Fee |
0.225 % |
| Pre-Payment Charges |
2 % |
|
|
|
Special Offers
|
Special Offers |
|
|
Insurance
Property (offered as security) to be insured at borrower`s cost with Bank clause against fire, flood, earthquake, riot and other risks, which are normally covered by insurance companies |
|
|
|
Security
|
Security |
|
|
|
Equitable Mortgage of Property purchased / constructed out of loan proceeds |
|
|
|
|
|
|
Show All Home Loans
|
|
|
|
|
|
Twitter