1 Crore IDBI Bank Home Loan

IDBI Bank offers a substantial home loan option for those looking to borrow up to 1 crore. This loan is ideally designed to help individuals achieve their dream of owning a spacious and comfortable home. The bank further provides competitive interest rates, reduced processing fees, flexible repayment options, and fast loan processing, making it a more borrower-friendly credit option. However, before finalising your decision, it is advisable to clearly understand the terms and conditions of a 1 crore home loan EMI IDBI Bank. This ultimately helps you to make more informed decisions and avoid unnecessary financial strain. Thus, this blog on IDBI Bank home loan interest rate for 1 crore contains information about the applicable eligibility, required documents, and associated fees. Let’s get started!

1 Crore Home Loan IDBI Bank – Highlights

The IDBI Bank home loan interest rate for 1 crore and other key parameters are as follows:

1 Crore Home Loan EMI for 5 Years IDBI Bank

Below are the rates for a 1 crore home loan EMI in IDBI Bank with a tenure of 5 years:

1 Crore Home Loan EMI for 10 Years IDBI Bank 

Below are the rates for a 1 crore home loan EMI for 10 years from the IDBI Bank:

1 Crore Home Loan EMI for 15 Years IDBI Bank 

Below are the rates of IDBI Bank home loan 1 crore EMI with a tenure of 15 years:

1 Crore Home Loan EMI for 20 Years IDBI Bank

Below are the rates for a 1 crore home loan EMI for 20 years from the IDBI Bank:

1 Crore Home Loan EMI for 25 Years IDBI Bank 

Below are the rates for a 1 crore home loan EMI in IDBI Bank with a tenure of 25 years:

1 Crore IDBI Bank Home Loan – Fees and Charges 

Applicants should be aware of certain fees and charges in addition to the IDBI Bank home loan interest rate of 1 crore:

1 Crore IDBI Bank Home Loan – Documents Required 

The following are the required documents for an IDBI Bank 1 crore home loan:

• KYC Documents: Aadhar card, PAN card, passport, driving license, or voter ID. 
• Income Documents: Last 3 months’ salary slips, 6 months’ bank statements, and Form 16/ITR. 
• Additional Documents: Completed application form and a passport-sized photograph. 

1 Crore IDBI Bank Home Loan – Eligibility Criteria

The 1 crore home loan eligibility from the IDBI Bank is as follows:

• Age Limit: Applicants must be between 22 and 70 years old. 
• Income Requirement: Applicant must have a regular source of income to cover the loan repayment. 
• Credit Score: Applicants must have a good repayment history and a positive credit score, preferably 700 or above.
• Nationality: Applicants must be Indian citizens.