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Indiabulls
Indiabulls

About Indiabulls Home Loan

Indiabulls Housing Finance is one of the largest private housing finance companies in India. The company was established in the year 1999 with businesses across housing finance, real estate and wealth management. They have a network of over 220 branches across 110 cities of India.

Are you eligible for
Indiabulls Home Loan?


At least 21 years old

Less than 60 years old

Salaried with regular income

Self-employed with minimum income required

For what purpose can I avail loans from Indiabulls Home Loan?

One can avail home loans from Indiabulls Home Loan for the following purposes:

Construction of home
Home extension loans
Home improvement loans
Loan against property
New home
Plot loans
Resale home
Short term bridging loans
Top up loans
Transfer of home loan from another lender (Balance Transfer)

FAQs about Indiabulls Home Loan:

Am I allowed to prepay my loan? If so, what will be the prepayment penalty?

Yes, you can make prepayments on your housing Loan. However, penalty charges may be levied by some companies.

Can I structure my home loan as part fixed or part floating?

Yes, you have the flexibility to schedule your home loan as part floating or fixed in line with your own convenience and requirements.

How is my home loan eligibility determined?

Lenders compute your loan eligibility basis various factors including income, age, occupation, co-applicant’s income, number of dependents, assets & liabilities and savings history.

Should I evaluate transferring my existing home loan to a new lender?

Not all home loan products are created equal. For long, it was inferred that signing up with a particular home loan provider was a commitment that would only end after the loan has been completely repaid. Also, this meant that the lender’s high interest rates had to be complied with, and that better loan options from other lenders that emerged at a later date were to be seen as missed opportunities. Not anymore!!

Following are compelling reasons for  you to evaluate moving your existing home loan

o    Simple transfer procedure, followed by a chance to gain an additional top-up loan offers.

o    Attractive and best in class interest rates that help you save money.

o    A bunch of customized repayment options to help you pay off the loan amount easily.

o    Absolutely 0% hidden charges.

What is a ‘Plot Loan’?

Plot Loan is a type of home loan that allows borrowers to purchase a plot of land wherein they can eventually build a house. The advantage with this is that the borrower can decide upon his/her requirements in terms of the design of the house and other such requirements. All the essential conditions associated with the standard home loan shall apply here as well.

What is a ‘Short Term Bridging Loan’?

As the name so aptly describes, a Short Term Bridging Loan is a financial ‘bridge’ that takes care of your needs before you move into your brand new home, and are still running through the process of selling your old house. This interim period could result in double the expenditure and compliance with a whole bunch of legal and personal issues- necessitating the need for an all-encompassing Short Term Bridging Loan.

What is the processing fee for INDIABULLS Home Loans?

The processing fee is up to 1% of the total loan amount

What purpose do Home Improvement Loans serve?

As the name clearly mentions, a home improvement loan helps you improve the aesthetic and functional qualities of your home. The Home Improvement Loan can be used for such varied purposes as painting the house, tiling and flooring, plastering, construction of a sturdy fence or border, etc. The borrower must however sufficiently prove that the disbursed loan will be used for the exact purpose for which it is intended.

Who can I assign as co-applicant(s) for the home loan?

When you are applying jointly for a housing loan, all proposed owners of the house must be co-applicants. But, all co-applicants need not necessarily be co-owners. Co-applicants are generally immediate family members.

Know Your CIBIL Score: When considering your eligibility for the loan, all lenders will seek out your CIBIL score to confirm your reliability as a borrower.

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