50 Lakh IDBI Bank Home Loan

With attractive and competitive interest rates starting at 8.45% per annum, the IDBI Bank home loan scheme is for those individuals who require immediate financial assistance to purchase their dream home. With loan tenures of up to 30 years, the home loan applicant can benefit from pocket-friendly EMIs and flexible repayment options. IDBI Bank provides complete transparency and quick home loan processing, offering power-packed customised features to meet the needs of every home loan applicant. Stay until the end to learn more about the eligibility, documents required and the applicable EMI on the 50 lakh IDBI Bank home loan over a tenure of 10 or 20 years.

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

You hereby consent to Urban Money being appointed as your authorised representative to receive your Credit Information from CIBIL for the purpose of Credit Risk Assessment. You hereby agree to terms and conditions.

Table of Content

1. 50 Lakhs Home Loan IDBI Bank Highlights

2. 50 Lakhs IDBI Bank Home Loan EMI For 5 Years

3. 50 Lakhs IDBI Bank Home Loan EMI For 10 Years

4. 50 Lakhs IDBI Bank Home Loan EMI For 15 Years

5. 50 Lakhs IDBI Bank Home Loan EMI For 20 Years

6. 50 Lakhs IDBI Bank Home Loan EMI For 25 Years

7. 50 Lakhs IDBI Bank Home Loan Fees & Charges

8. 50 Lakhs IDBI Bank Home Loan Documents Required

9. 50 Lakhs IDBI Bank Home Loan Eligibility Criteria

Written By

Satyam Sachdeva

Satyam has always been interested in saving money and realising its worth. He created a Demat account when he turned 18 and has been a keen equity and mutual fund investor. Currently, a writer for Urban Money, he uses his skills to guide his readers in the right direction. Satyam strives to make financial complexities easy for everyone to understand with a pinch of creative salt.

Reviewed By

Piyush Bothra

Chief Financial Officer, Square Yards

Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

50 Lakhs Home Loan IDBI Bank – Highlights

Home aspirants can take a look at the 50 Lakhs IDBI Bank’s home loan highlights:

Interest Rates	Attractive interest rate starting at just 8.45% p.a. onwards
Loan Amount	A maximum of 90% of the property’s value amount can be obtained
Loan Tenure	Salaried employees – Up to 30 years Self-employed professionals & non-professionals – Up to 20 years
Eligibility	Salaried individual (Including NRIs & PIOs) Self-employed Professionals and Non-professionals.

50 Lakhs IDBI Bank Home Loan EMI For 5 Years

The EMI on your 50 lakh IDBI Bank home loan for a tenure of 5 years is going to be:

Loan Amount: ₹50 Lakhs
Interest Rate: 8.45% per annum
Loan Tenure: 5 years
EMI Amount: ₹1,02,462
Total Interest Payable: ₹11,47,732
Total Amount Payment: ₹61,47,732

50 Lakhs IDBI Bank Home Loan EMI For 10 Years

The EMI for your ₹50 lakh home loan from IDBI Bank with a 10-year tenure will be:

Loan Amount: ₹50 Lakhs
Interest Rate: 8.45% per annum
Loan Tenure: 10 years
EMI Amount: ₹61,859
Total Interest Payable: ₹24,23,106
Total Amount Payment: ₹74,23,106

50 Lakhs IDBI Bank Home Loan EMI For 15 Years

The EMI for your ₹50 lakh home loan from IDBI Bank with a 15-year tenure will be:

Loan Amount: ₹50 Lakhs
Interest Rate: 8.45% per annum
Loan Tenure: 15 years
EMI Amount: ₹49,091
Total Interest Payable: ₹38,36,298
Total Amount Payment: ₹88,36,298

50 Lakhs IDBI Bank Home Loan EMI For 20 Years

This is the EMI for a ₹50 lakh home loan from IDBI Bank with a 20-year tenure:

Loan Amount: ₹50 Lakhs
Interest Rate: 8.45% per annum
Loan Tenure: 20 years
EMI Amount: ₹43,233
Total Interest Payable: ₹53,75,935
Total Amount Payment: ₹1,03,75,935

50 Lakhs IDBI Bank Home Loan EMI For 25 Years

Over a tenure of 25 years, this is the applicable EMI you will pay on your 50 Lakhs IDBI Bank home loan:

Loan Amount: ₹50 Lakhs
Interest Rate: 8.45% per annum
Loan Tenure: 25 years
EMI Amount: ₹40,093
Total Interest Payable: ₹70,27,906
Total Amount Payment: ₹1,20,27,906

50 Lakhs IDBI Bank Home Loan – Fees & Charges

The applicable fees and charges for your ₹50 lakh home loan from IDBI Bank are as follows:

The processing fee ranges between ₹5,000 and ₹16,000. There is no charge for inward balance transfers.

50 Lakhs IDBI Bank Home Loan – Documents Required

You should have an application form with your photograph pasted on it. Carry any government-issued ID as identity proof, and for your address proof, you can even submit your electricity or telephone bills. To verify your income source, the bank might ask you for bank statements from the previous months or IT tax return documents.

50 Lakhs IDBI Bank Home Loan – Eligibility Criteria

Ensure you meet the following eligibility criteria before applying for a 50 lakh IDBI Bank home loan:

Salaried Individuals (including NRIs and PIOs):

Minimum age to apply: 22 years
Maximum age at loan maturity: 70 years or retirement age

Self-Employed Professionals and Non-Professionals:

Minimum age to apply: 25 years

Maximum age at loan maturity: 65 years or retirement age

Loans

Bank Wise Home Loan Eligibility Calculator

Frequently Asked Questions (FAQs)

What is the EMI for a 50 lakh home loan for 20 years in IDBI Bank?

If you opt for a 50 lakh home loan from IDBI Bank at its minimum interest rate of 8.45% per annum, your applicable EMI for a 20-year tenure will be Rs 43,233.

Who is eligible for a Rs 50 Lakhs IDBI Bank home loan?

To be eligible for the home loan, applicants can be salaried individuals, such as NRIs and PIOs, as well as self-employed professionals or non-professionals.

What is the monthly interest rate of a 50 Lakh home loan in IDBI Bank?

A minimum monthly interest rate of 0.70% will be applied to a ₹50 lakh IDBI Bank home loan.