Apply for Loan Against Property

IDBI Loan Against Property (Residential & Commercial) product can be used for education, business, marriage, purchase or improvement of property, Medical treatment or any other personal need. IDBI Bank realizes how essential it is to raise money in the face of exigencies.


Advantages of IDBI Loan Against Property are:

  1. Tenor up to 15 years
  2. Amount of Interest
  3. Highest possible Funding
  4. Monthly attention on daily decreasing balance
  5. Set attention rates  option
  6. Simple documentation
  7. Balance Transfer Facility

IDBI Loan Against Property: Key Features

  1. Tenure of the Loan: Maximum tenure for a resident individual- 25 years and  Maximum tenure for NRI’s – 15 years
  2. Loan can be applied for a maximum of 85% of the property value subject to credit discretion.
  3. Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of the title deeds or such collateral security as may be necessary.
  4. Title to the property should be free from any pending legal litigation.
  5. A tax benefit of maximum deduction of Rs. 1,50,000 on your income towards interest paid on your home loans under section 24 B and also  maximum deduction of Rs. 1,00,000 on the principal repaid under section 80 C.


IDBI Loan Against Property: Eligibility

Following are eligible to apply for an IDBI Home Loan

  1. Salaried individuals
  2. Self-employed professionals/businessmen
  3. NRIs


IDBI Loan Against Property: Interest rates and charges


Floating Interest Rates - IDBI Loan Against Property


Loan tenure

Interest rates

Up to Rs 20 lacs

11.50% p.a

(Linked to BR)

Rs.20-Rs.30 lacs

11.50%-12.0 % p.a

(Linked to BR)

Rs.30-Rs.75 lacs

12.0 % p.a

(Linked to BR)

Rs.75 Lacs and above

12.25 % p.a

(Linked to BR)


Fixed Interest Rates - IDBI Loan Against Property


Loan tenure

Interest rates

Period of 3 years

Period of 5 years

Below Rs.75 Lacs



Rs.75 lacs and above





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