IndiaBulls Home Loan for Bank Employees

Indiabulls has introduced a specialised home loan tailored exclusively for bank employees in India. This initiative is designed to honour the contributions of bank workers by facilitating their path to homeownership. Those who qualify can enjoy low interest rates, high loan amounts, long repayment terms, and streamlined documentation. The online application process further simplifies the experience. It allows applicants to secure funding digitally without the need to visit a branch or handle physical paperwork. In this blog, learn more about the Indiabulls home loan for bank employees.

Indiabulls Home Loan for Bank Employees – Highlights

Here are the Indiabulls home loan for bank employees’ interest rate and other key parameters:

Indiabulls Home Loan for Bank Employees – Fees and Charges

Here are the fees and charges of an Indiabulls home loan for bank employees:

Indiabulls Home Loan for Bank Employees – Documents Required

Here are the required documents regarding an Indiabulls home loan for bank employees:

• Proof of Identity: Aadhaar card, PAN card, passport, driving license, or election ID.
• Proof of Income: Salary slips, Form 16, IT returns, bank statements, etc.
• Proof of Property: Sale deed, transfer of ownership, no objection certificate, land tax paid receipt, possession certificate, etc. 
• Additional Documents: A duly filled application form, passport-sized photographs, and processing fee cheque. 

Indiabulls Home Loan for Bank Employees – Eligibility Criteria

The Indiabulls home loan for bank employees eligibility criteria is as follows:

• Age Limit: Applicants should be aged between 21 to 65 years.
• Employment Status: Applicants should be bank employees who receive a monthly salary. 
• Income requirements: Applicants should have a minimum income of ₹15,000 per month.
• Work Experiences: Applicants must have at least two years of experience.
• Credit Score: Applicants should have a good credit score, preferably 700 or above.
• Residency Requirement: Applicants should be residents of India.