IDBI Bank Home Loan - DBI Bank Home Loan Interest Rate

Having your own home is the most significant achievement in life, and IDBI Bank gives a home loan solution to assist you in accomplishing your dreams of purchasing or constructing a house. The home loan solutions of IDBI are customized to your requirements and are based on the following traits:

Expertise and in-depth knowledge of the financing industry

• Service quality
• Transparency
• Fast processing
  

IDBI Bank Home Loan: Features and Benefits

• Assistance in property search and due diligence of property for acquisition.
• Customized Home Loan Features for Salaried (Including NRI), Self Employed Professional and Self Employed Non-Professional (Business Category).
• Already approved projects for convenience of Home Loan buyers.
• Flexible Loan Repayment Option viz. Flexible Loan Installment Plan, Step up & Step down repayment facility, Tranche Based EMI.
• Extensive presence across India with 1800+ Branches and 76 dedicated Loan Processing Centers.
• The loan from anywhere to purchase a home anywhere in India.
• Most experienced personnel for smooth and secure loan processing.
• Online application facility.
  

Home Loan Process

You can choose any of the mentioned ways to apply for IDBI Home Loan Solution:

• Online
• Offline
  

Apply for IDBI Home Loan Online

Availing a home loan online improves the chances of getting the best interest rates, low processing fees, and special discounts in the form of cashbacks.

Here are the steps to apply online:

• Visit the IDBI portal
• Under 'Apply Online,' click on 'Home Loan.'
• A new loan application screen will appear where you need to tell if you are an existing account holder with IDBI or not.
• If you are an existing IDBI account holder, select 'yes' and enter your customer id. The bank will send an OTP to your registered mobile number.
• Enter the OTP details to verify. The bank people will contact on your number.
• If you don't have an account with IDBI, select 'no.' A loan application form will be opened. Fill the form with the necessary details and submit. Select your preferred branch location through which you want to start the loan process.
• Attach the required documents such as an address proof, income proof, and identity proof with the form and submit it.
• The bank will contact you for further verification. Either you have to take documents to the bank or bank will send their personnel at your home to collect your documents.
• The bank will also investigate the property before giving the nod for the home loan.
• If the verification goes right, you will get approval for the home loan instantly.
  

Apply for IDBI Home Loan Offline

There are four ways to apply offline:

• Through the IDBI Bank branch locator, find the nearest IDBI Branch. Once you visit the bank and contact the officials, they will ask you for the necessary documents and begin the loan process which includes checking your credit score, investigating the property value, technical and legal checks on the property, and calculation of your eligibility. The bank will decide the result of your loan application based on the evaluation results. (What is credit score?)
• Call the home loan sales officer of your bank branch.
• Give your details to IDBI Bank online under 'Help Us Contact You' section so that the bank officials can contact you.
• Download the application form of home loan from the IDBI Bank's website, fill and submit it at the bank branch.