3 Crore Indian Bank Home Loan

Whether you are a salaried person, a businessman, self-employed, or even a pensioner, the 3 crore Indian Bank home loan is designed to help different groups. Indian Bank makes it simple by offering this loan for various needs, like buying a new home, building one on your land, or even renovating your current house. You need a steady income, and the bank considers your take-home pay when deciding the loan amount. They also give you up to 30 years to pay it back so you can manage your monthly payments comfortably. Plus, you can choose how you want to pay back, whether it's through EMIs or other flexible options. This home loan could be your key to realising your dream house. Explore the 3 crore Indian Bank home loan and understand its key highlights.

3 Crore Indian Bank Home Loan – Key Highlights

The 3 crore Indian Bank home loan is a great option for anybody looking for a substantial mortgage to finance a high-value property. Here’s why:

5 Years EMI – 3 Crore Indian Bank Home Loan

Avail of a 3 crore Indian Bank home loan at an interest rate of 10.75% per annum and pay this much EMI for 5 years:

10 Years EMI – 3 Crore Indian Bank Home Loan

To know EMIs on your 3 crore Indian Bank home loan at a 10.75% interest rate for 10 years, read below:

15 Years EMI – 3 Crore Indian Bank Home Loan

If you pick the 3 crore home loan from Indian Bank with a 10.75% yearly interest rate for 15 years, the EMI will be:

20 Years EMI – 3 Crore Indian Bank Home Loan

The EMI for a 3 crore Indian Bank home loan at an annual interest rate of 10.75% over a 20-year tenure will be:

25 Years EMI – 3 Crore Indian Bank Home Loan

For a 3 crore Indian Bank home loan with a 10.75% per annum interest rate and a 25-year term, the EMI is:

Fees & Charges – 3 Crore Indian Bank Home Loan

The fees and charges for the 3 crore Indian Bank home loan are:

Documents Required – 3 Crore Indian Bank Home Loan

The following documents are required for a 3 crore Indian Bank home loan:

• For salaried people: You need your ID proof, a recent passport-sized photo, proof of where you live, age proof, bank statements for the last 6 months, your last 3 months’ salary slips, and documents related to the property.
• For self-employed individuals: You must show your ID proof, a passport-sized photo, proof of where you live, age proof, bank statements for the last 6 months, details about your business. You’ll also need your profit and loss statement, balance sheet, and the latest Income Tax Returns.
• For NRIs: You need to provide your ID proof, a recent passport photo, proof of where you live (both in India and overseas), your latest NRE account statements, business details if self-employed, a work permit or job contract if salaried.  

Eligibility Criteria – 3 Crore Indian Bank Home Loan

If you’re considering the 3 crore Indian Bank home loan, take a look at its eligibility criteria: