IDBI Bank Home Loan in Bhubaneswar

About IDBI Bank Home Loan in Bhubaneswar

IDBI Bank is one of the reputed banks of the country. It offers multiple loan product to help people achieve their aim. It grants home loan to the candidates who want to buy the house of their choice. The bank disburses loan at the decent rate of interest. It levies nominal processing fee and issues loan for the flexible range of tenure. Check the details mentioned below:

IDBI Bank Home Loan in Bhubaneswar at a Glance

ParticularsDetails
Interest Rate 8.65% - 8.95%
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 Bhubaneswar

Address of IDBI Bank Branches in Bhubaneswar

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

Branch NameAddressIFSC CodeMICR Contact Details   
BhubaneshwarIDBI House, Janpath, Unit Ix,IBKL00000427512590020674-541655 / 695
Bhubaneshwar - Main BranchD.NO.5 - 9 - 89/1 & 2, Chapel Road P.B.NO.370IBKL000013275125900355746052/6054
Lewis RoadIDBI Bank Ltd Lewis Road Branch, Lewis Plaza, Bjb Nagar Plot No - 387 Bhubaneshwar - 751014IBKL0001112NON-MICR9437051293
Bhubaneshwar-khandagiriPlot No.-642 , Ground Floor , At- Jagamara , Po-khandagiri , Dist - Khurda , Bhubaneshwar , Odisha , PIN -751030IBKL0001295NON-MICR9668082725 & 9437090706
Central Clearing Unit, BhubaneshwarCCU, Bhubaneshwar, 2nd Floor Idbi House, Janpath Unit Ix, Bhubaneswar, PIN - 751022IBKL000095275125900107873078108, 09776281849
Bhubaneswar (Corporate Banking Branch)IDBI House, Ground Floor, Janpath, Unit - Ix, Khurda, Bhubaneswar - 751002IBKL00003797512590039437088000
RAC, BhubaneswarIDBI Bank Ltd, Retail Asset Centre, 1st Floor, Idbi House, Unit 9, Janpath, Bhubaneswar - 751022IBKL0000833NON-MICR9778376379
Bhubaneswar-ChandrasekharpurGround Floor, Ishwar Complex, Damana Square, Chandrasekharpur , Bhubaneswar - 751021, Odisha.IBKL0001160NON-MICR0674-541655 / 695

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