About Indiabulls Home Loan
Indiabulls Home Loan is helping people to build a home of their choices. Home loan is a financial help provided by banks and NBFCs to the people. Indiabulls is a non-banking finance company that provides home loans, housing loans, and loan against property. Home loan is a long term product having maximum life of 25 years.
Advantages of Indiabulls Home Loan:
- The Loan Tenure can be a maximum of 20 years for Home Loan.
- Easy repayment mode.
- They provide loans for the purchase of the house, residential or commercial property or construction purpose.
- Insurance Option is also available for Housing Loan.
- The loan is available to the customer in just 48 hours
- Loan Against Property is also offered at lower interest rates.
- Home Loan Balance Transfer facility provided by them.
- Provide home loans at floating rate of interest.
- Provide financial assistance to NRIs as well.
- One can also avail a tax benefit on their home loan under sections 24Band section 80C of the Income Tax Act.
Indiabulls Home Loan Interest Rates:
|Up to and including Rs 75 lacs|
9.95% to 10.90%
More tha n 75 lacs and up to 150 lacs
10.10% to 11.10%
More than 150 lacs
10.40% to 11.75%
Rs 75.01 lacs to Rs 150 lacs
Over Rs 150 lacs
What is the Need for Indiabulls Home Loan?
A large number of people wish to own a home of their own. However, due to low funds and rising prices of properties, they are unable to purchase or construct a home of their choice. A home of one’s choice is important for people. That is because of the need for security and safety.
This is the reason that a lot of people have applied for a home loan. A home loan is helpful for those people who wish to own a house of their own. The reason is that they support the cost of building a house.
According to a recent survey in Business Standard, the prices of properties have gone up by nearly 12%. How can a middle-class person pay the cost of such a home? There are many banks and NBFCs that provide mortgage loans to the people.
Indiabulls is also a provider of home loans. The best feature, which makes them an attractive proposition, is that they provide home loans within 48 hours.
Processing Charges for Indiabulls Home Loan:
Risk Class-II & III
Up to and including Rs 30 lacs
Rs 25.01 lacs to Rs 150 lacs
Over Rs 150 lacs
* Above rates and fees are subject to change without notice.
Leading Home Loan Providers (Click to Apply)