Table of Content
IDBI Bank home loan interest rate starts from 8.50% p.a., with loan tenures of up to 30 years with easy repayment options. IDBI Bank offers housing loan amounts of up to Rs.10 crore. The IDBI Bank home loan processing fee is waived off for inward balance transfers and PMAY cases. The bank also offers its housing loan through the affordable PMAY scheme to take advantage of it. The bank levies zero foreclosure charges for a floating rate of interest home loans.
It will be deprecating after the installments. Its an independent house The process was very quick. IDBI Home Loans have maximum repayment tenure of up to 30 years. Actual tenure of loan is subjected to bank’s discretion.
Let a Home Loan Advisor help you
The home loan has been taken with the IDBI BANK where i am using it since from last 6 months also the documentation process was simple and smooth to get the loan. The loan amount released on partial basis and i got the loan within 30 days. I took a home loan in IDBI before 6years because I got an approval from Nationalized bank so proceeded further. In Bangalore, they split up the property into A & B and my property belongs to Btype, the chances are less for loan and that time IDBI came forward to provide a loan which I have utilized. They did not inform me about MCLR which is interest type can be changed to floating from fixed but after one year it got converted which I came to know my neighbor and there was no intimation from IDBI bank. The loan amount was Rs. 5,60,000 and monthly emi i am paying of Rs.4903.
This helps the customer boldly negotiate with builder for cost of property. When you register any complaint using Phone Banking, you will receive a Complaint ID within 8 working days. If this does not happen, you can raise the issue to the next level of Grievance Redressal .
What are IDBI Home Loan Reviews?
You will receive a call shortly from our customer support.
I got the gift card but when I'm trying to get the balance information in any ATM it's displaying Invalid transaction. Now I am asking them to generate EMI for last 1 yr but they are refusing as my builder has not completed the last stage. My loan approval process is hectic making us run here and there and for grantor they asked it has to working with salary so & so and should be living in certain area of Chennai. I can't believe how come they can run a home loan division like this. I will recommend NOT selecting this Bank for Home loan they suck in service and not cooperate with builder and harass us like anything. This review was chosen algorithmically as the most valued customer feedback.
Multiple EMIs deposited in the same month!
Now, the problem is the Original Documents from Suman Kundu which is still available with the IDBI Bank are not being transferred to my home loan account . Q. Is it possible to get tax benefits on a home loan? Under Section 24, you can claim an income tax deduction on home loan interest paid up to Rs 2 Lakhs and under section 80g you can claim deduction of Rs 1.5 Lakhs on principal repayment. Any individual irrespective of being salaried or self-employed can apply for a home loan, provided he has a steady income. The option is available to young executives who are professionally qualified and expected to have regular career growth which will help them take a bigger loan today based on an increase in their future income.
I have taken a housing loan with IDBI BANK before many years ago to purchase the land and I felt, its not so customer friendly. The processing fee is applicable and its on higher side. I had foreclosed the loan and they have charged me very high like 3% on the outstanding amount.
IDBI Home Loan Eligibility
I have taken a home loan from IDBI bank.The approved loan amount was 25 lakhs. The monthly EMI is with a rate of interest 8.35%. They approved the loan amount with in a week.The documentation was done well. The processing fees was just like some govt charges. The rate of interest and processing charges is also fine.
I took Rs. 16.5 lakhs for the duration of 20 years, the interest rate is very lesser around 8.5% its better in the market. They have charged me nominal processing fee, still this loan is running. I have housing loan in IDBI, the interest rate was very higher around 9.1% but still its floating if we see other bank they are charging only 8.7% , I took Rs.30 lakhs for the duration of 20 years, they taken insurance fee and processing fee. The customer support is not transparent, the interface is very difficult to understand. I have my home loan with IDBI bank for about 5 years back. The loan amount was 30 lakhs and the Interest rate was average in the market.
They are highly incompetent and unprofessional. I would not recommend anyone to take loans from IDBI Bank. There are documents attached with this email which shows the Original documents of Suman Kundu's home loan account are still attached to Suman Kundu's account no. and not been attached to my new home loan account no. We can extend in-principle sanction based on your repayment capacity.
Accordingly, to facilitate you and to save your interest cost for starting of early EMI, Tranche Based EMI Scheme has been introduced. Under the option you can start your EMI even before property is not ready and is under construction stage. Most experienced personnel for smooth and easy loan processing. The maximum home loan tenure that you can enjoy is 30 years, if you are a salaried employee. In case of self-employed professionals and self-employed non-professionals, the maximum tenure stands at 20 years. This option is for customers purchasing an under construction property.
No comments:
Post a Comment