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IIFL Home Loan Interest Rate and EMI Calculator Online Jan 2019

(Updated on 12.01.2019) India Infoline Finance Limited Home Loan EMI Calculator Jan 2019 – Get Instant Quick & Easy Approval on IIFL Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure ✓ Processing Fee ✓ Eligibility ✓ Best Offers & more.

IIFL Home Loan – INSTANT QUOTES ONLINE

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India Infoline Finance Limited Home Loan

India Infoline Finance Limited provides customers a range of best affordable and flexible home loans at pleasant interest rates and within customers’ budget limitations. IIFL Home Loans renowned for its striking features such as transparent processing, flexible tenure, rapid service, opportunity for a floating rate loan or a fixed rate loan, flexible home loan rates, balance transfer facility, and lots more. Use Home Loan Eligibility Calculator, the simple and easiest tool to know your Home Loan Eligibility and get your preferred Home Loan.

IIFL Home Loan Rate Of Interest

Interest Rate

8.75% onwards

Processing fee range

Upto 1.0%(Home Loans)

Loan Amount

3 lakhs onwards

Tenure

Max. 30 years

IIFL Home Loan EMI Calculator

IIFL Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

IIFL Home Loan Eligibility

  • For Resident Indians is for all individuals who are residents of India.

  • Housing Loan for NRIs is for salaried individuals who hold an NRI (non-resident Indian) or PIO (person of Indian origin) status.

  • The passport of the home loan applicant should not have NO ENTRY stamp, prohibiting NRI applicant from entering the country.

  • For PIO / OCI, in addition to foreign country passport, Valid PIO / OCI Card copy to be documented.

  • Co-applicants can be your spouse, close relatives, partnership firms, and private limited company.

  • Indian citizen between the ages of 18 to 70, and are either salaried or self-employee are eligible for this loan.

IIFL Home Loan Documents Required

  1. Signed application form with passport size photo

  2. ID and residence proof.

  3. Processing fee Cheque.

  4. Latest bank statements.

  5. Documentation for salaried applicants

            a. Last 3 years Income Tax Returns with computation of Income .

            b.Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

  • Documentation for self-employed applicants

            a. Latest income tax returns .

            b. Latest computation of income.

  • Copy of complete chain documents of the property.

  • Copy of agreement to sell.

  • Copy of the allotment letter.

  • Letter from a recognized public authority or public servant verifying the identity and residence of the customer.

  • Pension or family pension payment orders (PPOs) issued to retired employees by Govt. departments or Public Sector Undertakings, if they contain the address.

  • Documents issued by Govt. departments of foreign jurisdiction and letter issued by Foreign Embassy or Mission in India.

  • Letter of allotment of accommodation from employer issued by State or Central Govt.departments, statutory or regulatory bodies, and public sector undertakings, scheduled commercial banks, financial institutions, and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation.

IIFL Home Loan Prepayments

For Individual

  • Nill charges on pre-payment and part pre-payment of the outstanding loan amount.

For Non-Individual

  • Within1st year of Last Disbursement =5% of any amount prepaid

  • After 1st year of Last disbursement

       a. Pre-payment charges of 3% of any amount pre paid.

       b. Part pre-payment charges of 1%of any amount pre paid.

India Info line Finance Limited Home Loan Margin

Loan amount

Margin

Up to 30 lakhs

90%

30 to 75 lakhs

80%

Above 75 lakhs

75%