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Indian Bank Home Loan

★★★☆ 3.8/5

Indian Bank offers green home loans with focus on energy-efficient housing and environmental sustainability.

Key Highlights

7.4%
Starting Interest Rate
0.35% (Max ₹15,000)
Processing Fee
₹5 Crores
Maximum Loan Amount
30 years
Maximum Tenure

Indian Bank Home Loan Interest Rates

Current interest rates as per latest updates

Interest Rate Range 7.4% - 10.55% per annum

* Interest rates are subject to change based on RBI guidelines and your credit profile.

* Final rates depend on loan amount, tenure, and creditworthiness.

Features & Benefits

Key Features

  • Green home loans
  • Energy efficient housing
  • Insurance integration

Special Offers

  • Green home loan benefits
  • Energy efficiency incentives
  • Insurance integration

Pros and Cons

Advantages

  • Competitive rates
  • Capped processing fee
  • Eco-friendly focus

Considerations

  • Limited branch network
  • Traditional processes

Indian Bank Home Loan Eligibility

Check if you meet the eligibility criteria

  • Age: 18-65 years
  • Minimum income: ₹15,000 per month
  • CIBIL Score: 700+ preferred
  • Stable employment

Documents Required

Keep these documents ready for quick processing

  • KYC documents
  • Income proof
  • Bank statements
  • Property documents
  • Green building certificates (if applicable)

Apply for Indian Bank Home Loan

Start your home loan application process today

Compare with Other Banks

See how Indian Bank compares with other lenders

Frequently Asked Questions

What is the minimum income required for Indian Bank home loan?

The minimum income requirement varies based on your location and employment type. Generally, it ranges from ₹10,000 to ₹25,000 per month.

How long does Indian Bank take to approve a home loan?

The approval process typically takes 7-15 working days, depending on document verification and property evaluation.

Can I prepay my Indian Bank home loan?

Yes, you can prepay your home loan. Some banks may charge prepayment penalties, so check the terms and conditions.

Important Disclaimer

• All information provided is for reference purposes only and subject to change.

• Interest rates and fees are indicative and may vary based on your profile and market conditions.

• Loan approval is subject to the bank's terms and conditions and credit assessment.

• Please verify all details with the bank before making any financial decisions.