IDBI Bank Home Loan
IDBI bank home loan is a comfortable choice for those who have been dreaming since long to own their personal space or built one right from the beginning. The company understands that having an own abode is a dream which everyone has and therefore, the company aims at delivering the best services quickly to its customers. The process is quick, transparent and processing of documentation is easy. For applying for a home loan interested client can contact sales officer or fill in the online application. The main advantage of the service is it that it provides easy assistance in property search and acquisition.
The approval of loan is made even before the selection of property. There are numerous categories of home loans such as home loan interest saver, home extension loan, home loan booking finance, home loan top up and home loan takeover facility. The maximum loan up to 20 lakh would require a funding up to 90% of market value/document of the property whichever is highest. In case the cost is between 20-75 lakh then maximum funding value should be 80%. While if loan requirement is 75 lakh then up to 75% should be the value of property. The eligibility criteria are age between 22-70 years and who salaried individuals with proper documents to prove it are. Self-employed individuals need to be in the age group of 25-70 years while self-employed non-professionals should be between 25-65 years.
The approval of loan is made even before the selection of property. There are numerous categories of home loans such as home loan interest saver, home extension loan, home loan booking finance, home loan top up and home loan takeover facility. The maximum loan up to 20 lakh would require a funding up to 90% of market value/document of the property whichever is highest. In case the cost is between 20-75 lakh then maximum funding value should be 80%. While if loan requirement is 75 lakh then up to 75% should be the value of property. The eligibility criteria are age between 22-70 years and who salaried individuals with proper documents to prove it are. Self-employed individuals need to be in the age group of 25-70 years while self-employed non-professionals should be between 25-65 years.