COMPARE : HOME LOANS
Indian Overseas Bank Home Loan
Introduction
Indian overseas bank offers home loan under various schemes such as home improvement scheme- for salaried individual having a confirmed service. Loan can be taken for repair, renovation, up gradation and making modifications, etc. Home Décor scheme – to furnish your home. You can apply for this loan if you are employed individual with 3 years of confirmed service but you must have your own home. Even NRI can take home loan to buy, build or renovate home. But there is a condition that the house/flat should be for your own occupation when you return to India.
Highlights
Interest Rate 0%
Loan Amount Min. - Rs 100000
Max. - Rs 500000000
Tenure Min. - 1 Yrs.
Max. - 30 Yrs.
Time to Process Loan 7 days
Interest Rates
Tenure Interest Type Interest Rate Offer
1 - 30 Yrs. Floating 10.25 % Regular (Up to Rs.30 lakh - 10.25%



Above Rs.30 lakh & up to Rs.75 lacs - 10.25%

Above Rs.75 lacs - 10.50%)
 Fees & charges
 Security
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