4 Crore IDBI Bank Home Loan

Do you instantly need a lumpsum amount to purchase the keys to your dream home? Look no further and explore the IDBI Bank’s 4 crore home loan at a very competitive interest rate, starting at just 8.45% per annum onwards. The home loan applicant can also choose a longer loan tenure of up to 30 years and pay budget-friendly EMIs. With no hidden fees and charges, the applicant will be ensured complete transparency throughout the loan process and can expect a quick disbursement of funds. Want to know more about the 4 crore IDBI Bank home loan? Scroll further!

4 Crore Home Loan IDBI Bank – Highlights

Check the key highlights of the 4 crore IDBI Bank home loan:

4 Crore IDBI Bank Home Loan EMI For 5 Years

If the home loan applicant wishes to avail of the 4 crore IDBI Bank home loan for a tenure of 5 years, the EMI to be paid is going to be as follows:

4 Crore IDBI Bank Home Loan EMI For 10 Years

If the 4 crore housing loan is availed for a tenure of 10 years, the EMI will be as follows:

4 Crore IDBI Bank Home Loan EMI For 15 Years

If a home loan of 4 crores is taken for a 15-year term, the EMI will be as follows:

4 Crore IDBI Bank Home Loan EMI For 20 Years

The EMI over a tenure of 20 years for a 4 crore home loan from IDBI Bank will be as follows:

4 Crore IDBI Bank Home Loan EMI For 25 Years

The EMI for a 4 crore home loan from IDBI Bank, over a 25-year term, will be as follows:

4 Crore IDBI Bank Bank Home Loan – Fees & Charges

The 4 crore home loan from IDBI Bank entails a few fees and charges. The processing fee ranges from Rs 5,000 to Rs 16,000, depending on the specifics of the loan. There is no charge for inward balance transfers. These fees are part of the financial considerations when applying for a home loan, ensuring clarity on the costs involved.

4 Crore IDBI Bank Bank Home Loan – Documents Required

You will need to have the following documents for the 4 crore IDBI Bank home loan:

• Duly filled the application form with your photograph
• Identity Proof
• Address Proof
• Tax Returns Proof
• Last 6 months’ bank statement
• Processing Fee cheque

4 Crore IDBI Bank Home Loan – Eligibility Criteria

To apply for a 4 crore home loan from IDBI Bank, you must meet specific eligibility criteria. For salaried individuals, including NRIs and PIOs, the minimum age to apply is 22, and the maximum age at loan maturity is either 70 or the retirement age, whichever comes first.

Proof of continued income is also required. For self-employed professionals and non-professionals, the minimum age to apply is 25, and the maximum age at loan maturity is either 65 or the retirement age, whichever comes first.