IDBI HOUSING FINANCE

IDBI is one of the premier lending institutions in the home loan segment. IDBI provides home loans for constructing a home, purchasing a ready-built house/flat or residential plot and also for re-financing existing loans a customer may have availed from other lenders.  

The tenure of an IDBI home loan can be up to 20 years for an Indian resident and the bank finances a maximum of up to 90% of the properties value subject to credit discretion. Loan repayment can be done through Equated Monthly Installments (EMIs) comprising both principal and interest.

IDBI housing loans come with IDBI insurance cover, a group life insurance protection scheme. The borrower can insure himself/herself up to a maximum amount of Rs 50 lakhs and a maximum tenure of 25 years depending on the loan amount availed. This risk cover is made available in specially discounted insurance premium rates.

List of products offered by IDBI Home Finance Ltd

IDBI Home Finance Ltd Home Loan