10 Lakh IDBI Bank Home Loan

IDBI Bank understands that achieving homeownership comes with diverse needs. Their home loan program caters to this by offering competitive interest rates ranging from 8.45% to 10.75% (subject to change), making it a financially attractive option. Furthermore, flexible loan tenures stretching up to 30 years allow you to manage your monthly payments (EMIs) comfortably. The application process is designed to minimise hassle with minimal processing fees. IDBI Bank goes a step further by offering borrower-friendly terms like nil foreclosure charges for individuals and the ability to make partial payments towards the loan principal. This empowers you to manage your finances throughout the loan term.

10 Lakh Home Loan IDBI Bank – Highlights 

Here are some highlights for a 10 lakh home loan from IDBI Bank:

10 Lakh Home Loan EMI for 5 Years IDBI Bank 

We’ve calculated the EMI for your ₹10 lakh home loan to help you budget with ease:

10 Lakh Home Loan EMI for 10 Years IDBI Bank

We’ve calculated your specific EMI for a ₹10 lakh home loan, so you can personalise your budget with confidence:

10 Lakh Home Loan EMI for 15 Years IDBI Bank 

Check out your pre-calculated EMI for a ₹10 lakh IDBI Bank home loan:

10 Lakh Home Loan EMI for 20 Years IDBI Bank 

We’ve calculated the EMI for your ₹10 lakh home loan, making it easier to understand your monthly costs.

10 Lakh Home Loan EMI for 25 Years IDBI Bank

We’ve calculated the clear and easy EMI for your ₹10 lakh home loan with IDBI Bank.

10 Lakh IDBI Bank Home Loan – Fees and Charges 

Here are the details of the charges that come along with the 10 lakh home loan from IDBI Bank:

• Foreclosure Charges: Fixed-rate home loans (Within 6 months) have 2% of the outstanding amount
• Part Payment Terms: Once a month (minimum INR 25,000).   
• Processing & Administrative Fees: Home loans (Up to Rs. 35 Lakh) start from INR 5,000
• Interest Rate Conversion Charges: For floating rate – Rs. 5,000 (individual accounts)
• Other Charges: NEFT/RTGS/IMPS fees vary. Cash deposit chequebook issuance charges apply.

10 Lakh IDBI Bank Home Loan – Documents Required 

Documents required for a 10 lakh home loan from IDBI Bank:

• Complete the application form with a recent photograph attached.
• Valid identification documents like an Aadhaar card, Passport, Voter ID, or PAN card.
• Proof of residence such as an Aadhaar card, Passport, Voter ID, or recent utility bills.
• Latest salary slips or income statements for the last three months.
• Income tax returns (ITR) for the last two financial years, along with computation of income.
• Bank statements for the last six months showing salary credits and other financial transactions.

10 Lakh IDBI Bank Home Loan – Eligibility Criteria 

Applicants can be salaried individuals or self-employed professionals to be eligible for a 10 lakh home loan from IDBI Bank. The minimum age requirement is 22, with a maximum age limit of 70 or retirement age at the loan’s maturity. Applicants must demonstrate income stability and a capacity to repay the loan, supported by appropriate documentation such as identity proof, address proof, and income statements like salary slips or tax returns.