IDBI Bank Home Loan in Bengaluru

About IDBI Bank Home Loan in Bengaluru

For the aspirant home buyers, IDBI Bank has introduced home loan product. By availing the loan from the bank the customer can enjoy the flexibility of repayment as the bank provides loan for the wider tenure of 30 years. It sanctions the loan for the maximum amount of up to ₹10 Crores.  The home buyers can check the bank’s eligibility criteria and documentation required here.

IDBI Bank Home Loan in Bengaluru at a Glance

ParticularsDetails
Interest Rate 8.60% - 8.90%
Loan amount₹ 5 lakhs to ₹ 10 Crores
TenureSalaried - 30 years
Self Employed Professional/ Non-Professionals - 20 years
Processing feeAs per bank's norm
Pre- payment chargesAs per bank's norm

Eligibility Criteria

The IDBI Bank provides home loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The home loan can be availed by:
(1) Salaried individuals who have at the time of loan application attended the age of 22 years. The maximum age at the termination of loan should not be more than 70 years subject to establishment of satisfactory repayment.

(2) Self Employed Professionals (viz.doctors, engineers, dentists, architects, chartered accountants, management consultant, company secretary, etc) who have attended the age of 25 years at the time of application and maximum age at the time of termination of loan should not be above 70 years.

(3) Self Employed Non-Professionals (Businessmen) who have attended the age of 25 years at the time of application and maximum age at the termination of loan should not be above 65 years. Maximum age under the category may be relaxed subjected to availability of proper succession plan of the business.

Documents Required

In order to avail the benefit of home loan, the individual needs to submit the following documents:

  • Signed application form with photograph
  • ID Proof- PAN Card/ Voter ID/Passport/Driving License, photograph
  • Residence proof – Latest Telephone Bill/ Electricity Bill/ Property Tax Receipt/ Passport/ Voter ID
  • Income Proof – Form 16/ITR (for salaried individuals) & Last 3 years Income Tax returns (self and business), Last 3 years Profit /Loss and Balance Sheet (for Self-Employed)
  • Last 6 months bank statement
  • Last 3 months salary slips
  • Processing fee cheque
  • Education Qualifications Certificate and Proof of business existence (for Self-Employed Professionals)
  • Proof of business existence and Business Profile (for Self-Employed Non-Professionals)

To know more, refer Home Loan Bengaluru

Address of IDBI Bank Branches in Bengaluru

The complete address, IFSC Code, MICR Code and customer care details of IDBI Bank branches located in Bengaluru is mentioned in the table below:

Branch NameAddressIFSC CodeMICR Contact Details   
Mission RoadIDBI House, 58, Mission Road,IBKL0000008560259002080-2279576-79
Sarakki Lake26/1 Sowbhagya Complex, 24th Main 5th Phase, J.p.nagar, Sarakki LakeIBKL00000245602590036595111/777/800
Bangalore - Main Branch115, Anna Salai, Saidapet Post Bag No. 1306IBKL000012856025900422301241 /45/ 22355230
Indira Nagar2nd Floor, Khaleel Plaza, 32 & 32/1, R. V. Road, Basavanagudi, Bangalore. 560004IBKL0000202560259006080-26576199/ 299/ 399/ 499
Malleswaram BangaloreNo. 12, Siddhi Plaza, Margosa Road, Malleswaram, Bangalore, Karnataka, 560003IBKL0000243560259004080-23319817/ 18/ 20
Bengaluru - R.T. NagarPacific Arcade, R.T. Nagar Main Road No 173, MLA Layout, R.T. Nagar, Bengaluru – 560032IBKL0000363560259009080-22744094, 080-64510709
Bangalore (Corporate Banking Branch)IDBI House, No. 58, Mission Road , Bangalore - 560027IBKL00003775602590089880452243
Gandhi Nagar11, First Cross, Gandhinagar, , P B No.9931, Bangalore, Pincode - 560009IBKL0000551560259005080-22386757
CCU, BangaloreNO.32 &32/1, Khaleel Plaza, Ii Floor, R V Road, Basavanagudi, Bangalore - 560004IBKL0000981560259001080-26579679/75/ 76/ 77/ 78
Rajajinagar82, Dr.Rajkumar , Road, 2nd Block , Rajajinagar , Bangalore 560010IBKL00004185602590109739089444
KoramangalaAnanda Nilaya, 100 ft Rd, Opp E - Zone Koramangala Bangalore - 95IBKL0000693560259015
Dollars ColonyArasu Complex, #4, 80 Feet Road, Dollars Colony, Ashwath Nagar, Rmv 2nd Stage, Bangalore - 560094IBKL00008695602590169972049462
HSR Layout Branch BangaloreNO 424, 7 Hills, 27th Main, 10th Cross, 1st Sector, Hsr Layout Bangalore - 560102IBKL00008965602590179886784010
BanashankariShashwathi Arcade, No 7 Attimabbe Road Banashankari Iiird Stage Bangalore 560085IBKL00008685602590189844215427
Rac IndiranagarNo: 326, 6th Main, Ashwini Complex, Opp: Spencers Super Market, 80 Ft Road, Indiranagar, BangaloreIBKL0000813NON-MICR9886638737
Basavanagudi BranchIDBI Bank Ltd Sri Narayana Mansion, No: 3/1, Dewan Madhava Rao Road, (opp Mnk Rao Park) Basavanagudi - 560004 Bangalore IBKL00010845602590207829902864
The Grain Merchants Cooperative Bank LtdN0.2 Pampa Mahakavi Road, Chamarajpet, Near Minto Eye Hospital Circle Bangalore 560018IBKL0551GMC560197004080-26677552
Rac - MalleswaramIDBI Bank Ltd , Retail Asset Centre N0 12 Siddhi Plaza Between 8th And 9th Cross Margosa Road Malleswaram, BangaloreIBKL0000838NON-MICR(080)-23469055

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