30 Lakh IndusInd Bank Home Loan

A home loan is a significant financial decision requiring careful planning and consideration. IndusInd Bank offers a 30 Lakh home loan at a competitive interest rate starting at 8.35%, making it an attractive option for potential homeowners. Understanding the EMI is crucial for managing your finances effectively. The EMI is the fixed monthly amount you will pay to repay your loan over a specified period. It includes both the principal amount and the interest on the loan.

For those looking to finance their dream home, knowing the EMI for different loan tenures helps in planning and budgeting. IndusInd Bank provides flexible options to suit your needs, whether you prefer a shorter loan tenure with higher EMIs or a longer tenure with more manageable monthly payments.

30 Lakh Home Loan IndusInd Bank – Highlights

Have a look at the key highlights of the 30 Lakh IndusInd Home Loan:

30 Lakh Home Loan EMI for 5 – 25 Years IndusInd Bank

The EMI varies depending on the loan tenure for a 30 Lakh home loan from IndusInd Bank at an 8.35% interest rate. Below is a table detailing the monthly EMI for loan periods ranging from 5 to 25 years.

30 Lakh IndusInd Bank home loan – Fees and Charges 

Take a look at the breakdown of the fees and charges associated with a 2 Crore Home Loan from IndusInd Bank:

• Up to 1% of the loan amount is the processing fees.
• Applicant must make a non-refundable deposit of up to ₹2,500.
• No foreclosure charge for floating-rate loans.
• No pre-payment part charge for floating-rate loans.

30 Lakh IndusInd Bank Home Loan – Documents Required 

For a 30 Lakh home loan from IndusInd Bank, here are the necessary documents:

For Individuals

• Proof of Identity, Residence, and Signature: Valid documents needed
• Income Proof: Latest Form 16 or ITR, appointment letter, and salary slips or salary certificate for the past three months
• Bank Statement: Statements from the main account (CA/SA/CC/OD) for the past six months
• Processing Fee Cheque

30 Lakh IndusInd Bank Home Loan – Eligibility Criteria

To qualify for a 2 Crore home loan from IndusInd Bank, the following eligibility criteria must be met:

Salaried Individuals

• Category: Employed with Government or Reputable Companies
• Age Range: 24 to 60 years
• Work Experience: At least 3 years in current role

Self-Employed Professionals

• Professions Covered: Doctors, Engineers, Chartered Accountants (CA), Company Secretaries (CS)
• Age Range: 24 to 70 years
• Professional Experience: Minimum of 3 years

Self-Employed Non-Professionals

• Eligibility Requirement: Must be filing Income Tax Returns (ITR)
• Age Range: 24 to 65 years
• Experience: At least 3 years in their field

These criteria ensure applicants demonstrate financial stability and substantial experience in their respective professions.