Tag Archives: Indiabulls home loan EMI Calculator

Indiabulls Home Loan Interest Rate and EMI Calculator January 2019

(Updated on 11.01.2019) Indiabulls Home Loan January 2019 – Get Instant Quick & Easy Approval on Indiabulls Bank 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.

Indiabulls Home Loan Interest Rate

Home Loans Variable Rate
Loan Amount Rates Of Interest

Up to and including Rs 75 lacs

8.80% to 12.00%

Indiabulls Home Loan- Instant Quotes Online

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Yearly Income
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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Indiabulls Home Loan

Indiabulls provides feasible and attractive Home Loans to meet the varied needs of every home loan borrowers. Indiabulls Home Loan can be availed to purchase a plot, construct a house, to buy a ready built house, repairs/up gradation/renovation of house/flat, etc. at competitive home loan rates.

Indiabulls Home loan has a host of home loan products which can be availed for various purposes such as repairs, renovation, alteration of existing house, purchase of plot & construction of a house, and lots more. Check your Home Loan Eligibility with the effective tool- Home Loan Eligibility Calculator and get the best deals on home loans.


Indiabulls Home Loan Benefits

  • Approval of loan even if the property is yet to be selected.

  • Online management of Loan account.

  • Funding available for NRI customers.

  • Facility for funding for builder’s under construction and ready properties.

  • Home loan counselings services.

  • 5000+ pre-approved projects for a home/flat of your choice.

  • Balance Transfer with reduced interest rates and EMI’s.

  • No pre-payment / foreclosure charges on Indiabulls home loans.

Indiabulls Home Loan EMI Calculator

Indiabulls 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

Indiabulls Home Loan Eligibility

  • An individual, resident or non-resident, having a regular source of income is eligible for Indiabulls Home Loan.

  • Applicant’s age on the maturity of the loan should be less than the retirement age if you are a salaried employee & applicant’s should be below 65 years if you have a business.

  • The total deductions do not exceed 60% of your gross income, including the loan installment of the proposed loan.

  • Spouses/Co-applicants income can be clubbed to enhance home loan eligibility.

Indiabulls Home Loan Documents Required

  • Application form with photograph

  • Identity and Residence Proof

  • Last 6 months bank statements

  • Processing fee cheque

  • Copies of Title Documents of Agricultural Land depicting Land holding

  • Form 16

  • Statement of last 2 years of loans availed

  • Business Profile and Last 3 years Income Tax returns (self and business)

  • Last 3 years Profit /Loss and Balance Sheet

  • Education Qualifications Certificate and Proof of business

Indiabulls Home Loan prepayments

1) For Individuals (all borrowers / co-borrowers are Individuals)

For floating rates of interest

No pre-payment fees for partial or full prepayments.

Fixed n Floating (Dual Rate) Loans

  • No prepayment fees for partial or full prepayments irrespective of the source if the loan has been converted into Floating Interest loan before the expiry of the Fixed Interest Rate period.

  • No prepayment fees for partial or full prepayments during the Fixed Interest Rate period of the loan where the loan is pre-closed from own sources. However, for any such partial or full pre-payment from other sources rather than a bank or any financial institutions during the Fixed Interest Rate period of the loan will levy a fee of 2% of the amount prepaid.

2) Non-Individual(i.e. one of the borrowers/co-borrowers is a Company, Firm, HUF,LLP ,Trust , Society or a Proprietorship entity)

Floating Rate Loans & Fixed n Floating (Dual Rate) Loans

  • Nil pre-payment fees applicable for all payments up to 25% of the principal outstanding (POS) inclusive of all prepayments made within preceding 12 months.

  • Where pre-payment amount exceeds 25% of principal outstanding (POS), inclusive of all prepayments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will levy fees as applicable.

  • Pre-payment / Foreclosure fees applicable on foreclosure payments inclusive of all prepayments made within preceding 12 months.

  • Pre-payment / Foreclosure fees of 2% applicable; unless specifically mentioned in the borrowers’ loan agreement.

  • Services Tax as applicable on pre-payment / foreclosure fees.

Indiabulls Home Loan Processing Charges

Loan Amount

Processing Fees

Upto Rs 28 lacs

Upto Rs 10,000

Rs 28.01 lacs to Rs 300 lacs

Upto 0.50%

Over Rs 300 lacs

0.50% to 1.00%

Indiabulls Home Loan Margin

Loan amount

Margin

Up to Rs. 30 lacs

90%

Above Rs. 30 lacs and up to Rs. 75 Lacs

80%

Up to 80% and for loans above Rs 75 Lacs

75%

Indiabulls Home Loan Latest News

1) Tata Housing has partnered with Indiabulls Housing Finance to offer home loans at 3.99% in the ongoing 11 ongoing projects of the former. Indiabulls Housing Finance currently charges 8.35 per cent and above on its home loans.
Tata Housing has partnered with Indiabulls Housing Finance to offer home loans at 3.99 per annum. The scheme, valid from today until December 12, 2017, would be offered across 11 projects by Tata Housing in seven cities.

Indiabulls Home Loan FAQs

IHFL offers Home loan up to 30 years, provided the term does not extend beyond 65 years of age or the retirement age, whichever is earlier.
Interest is calculated on monthly rest.
Immovable property owned by the applicants. The applicant’s title to the property should be clear, marketable and free from any encumbrances. The security created on property shall be first and exclusive. Such security will be created by deposit of original title documents of the said property.
1. Loan for home purchase 2. Loan for Residential plot and self construction 3. Loan for Home extension/Improvement 4. Balance Transfer from other banks 5. Loan for builders properties 6. Loan Against Property
IBHFL offers LAP up to a maximum of 15 years, provided the term does not extend beyond 65 years of age or the retirement age, whichever is earlier.