1 Crore IndusInd Bank Home Loan

IndusInd Bank offers a Rs 1 Crore home loan with competitive interest rates starting from 8.35% annually. The repayment tenure can be extended to 30 years, allowing flexible EMIs and the applicant can shift the remaining balance of their existing home loans, if applicable, to IndusInd Bank for a lower interest rate. With the instant funds disbursal of the IndusInd Bank Rs 1 crore home loan, purchasing a home is no longer a hassle. Continue reading to learn more about the key details, including the eligibility and documents required for the IndusInd Bank Rs 1 crore home loan and why it is an ideal home loan option for you.

Rs 1 Crore Home Loan IndusInd Bank – Highlights

The table showcases the important key features of the IndusInd Bank Rs 1 crore home loan:

Rs 1 Crore Home Loan EMI For 5 Years IndusInd Bank

Check applicable EMI on the Rs 1 crore home loan from IndusInd Bank for a tenure of 5 years:

• Loan Amount: ₹1 crore
• Interest Rate: 8.35% per annum
• Loan Tenure: 5 years
• EMI Amount: ₹2,04,443
• Total Interest Payable: ₹22,66,588
• Total Payment Amount: ₹1,22,66,588

Rs 1 Crore Home Loan EMI For 10 Years IndusInd Bank

The applicable EMI on the Rs 1 crore home loan from IndusInd Bank for a tenure of 10 years is as follows:

• Loan Amount: ₹1 crore
• Interest Rate: 8.35% per annum
• Loan Tenure: 10 years
• EMI Amount: ₹1,23,185
• Total Interest Payable: ₹47,82,187
• Total Payment Amount: ₹1,47,82,187

Rs 1 Crore Home Loan EMI For 15 Years IndusInd Bank

The EMI for the ₹1 crore home loan from IndusInd Bank, with a tenure of 15 years, is given below:

• Loan Amount: ₹1 crore
• Interest Rate: 8.35% per annum
• Loan Tenure: 15 years
• EMI Amount: ₹97,597
• Total Interest Payable: ₹75,67,402
• Total Payment Amount: ₹1,75,67,402

Rs 1 Crore Home Loan EMI For 20 Years IndusInd Bank

Below is the EMI for the ₹1 crore home loan from IndusInd Bank, with a tenure of 20 years:

• Loan Amount: ₹1 crore
• Interest Rate: 8.35% per annum
• Loan Tenure: 20 years
• EMI Amount: ₹85,835
• Total Interest Payable: ₹1,06,00,471
• Total Payment Amount: ₹2,06,00,471

Rs 1 Crore Home Loan EMI For 25 Years IndusInd Bank

Here is the EMI for the ₹1 crore home loan from IndusInd Bank, with a 25-year tenure:

• Loan Amount: ₹1 crore
• Interest Rate: 8.35% per annum
• Loan Tenure: 25 years
• EMI Amount: ₹79,514
• Total Interest Payable: ₹1,38,54,318
• Total Payment Amount: ₹2,38,54,318

Rs 1 Crore IndusInd Bank Home Loan – Fees & Charges

The fees and charges for the ₹1 crore IndusInd Bank home loan are simple.

• Processing Fees: 1% of the loan amount.
• Foreclosure charges: NIL for floating rates.
• Bounce charges: ₹750 per instance.
• Penal charges: 2% of the total overdue (principal + interest) or ₹100, whichever is higher.
• Cancellation: ₹1000.

Rs 1 Crore IndusInd Bank Documents Required

Make sure you have the required documents for a ₹1 crore IndusInd Bank home loan application:

• Government-issued identity proof
• Latest Form 16, ITR copy, or appointment letter
• salary slips or salary certificate for the last 3 months
• Bank statement of your primary CA/SA/CC/OD account for the last 6 months

Rs 1 Crore IndusInd Bank Home Loan – Eligibility Criteria

Ensure you fulfil the eligibility criteria for a ₹1 crore IndusInd Bank home loan:

For salaried individuals, the age range is 24 to 60, with at least 3 years of work experience. Self-employed professionals, including doctors, engineers, chartered accountants, and company secretaries, should be between 24 and 70, with a minimum of 3 years of professional experience. Self-employed non-professionals and individuals filing income tax returns (ITR) should be between 24 and 65 years old and have at least 3 years of work experience.