IDBI Bank Home Loan in Hyderabad

About IDBI Bank Home Loan in Hyderabad

Why worry about the money when IDBI Bank is there with its financial toolkit to help the customers. It has multiple products to resolve all the banking problems. Like to assist the people in having the house of their own the bank has outrolled home loan. It grants loan at reasonable interest rates to the eligible customers. Check the details and apply now.

IDBI Bank Home Loan in Hyderabad 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 Hyderabad

Address of IDBI Bank Branches in Hyderabad

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

Branch NameAddressIFSC CodeMICR Contact Details   
Basheer BaghMahavir House Basheerbagh SquareIBKL0000002500259002040-3228517, 3222688
Banjara HillsPlot No.9, J R House, Road No.2, Banjara Hills,IBKL0000028500259003040-3548762/79/83
Hyderabad - Main BranchStock Exchange Building 683 - 686, Trichy RoadIBKL0000133500259004(0422)2310262
KukatpallyMIG 230, Municipal No. 15 - 24 - 230, Kphb Colony, Kukatpally, Hyderabad - 500072 .IBKL0000280500259007040-66908171 / 72 / 73, 66902000
Sultan Bazaar428/437, Balaji Market, , Sultan Bazar, , Hyderabad, Pincode - 500001IBKL0000594500259005040-24653064
GachibowliIDBI Bank Ltd, Diamond Park, Plot No.81, Vinayak Nagar Colony, Gachibowli Stadium Road, Gachibowli, Hyderabad - 500032IBKL00004325002590109963233433
Jubilee Hills BranchYousuf Plaza, Plot No. 1101, Road No. 36, Jubilee Hills, Hyderabad - 500033IBKL00008725002590129849969963
LB Nagar BranchAndhrapradesh Plot No 15 & 28 , Srinivasa Chambers, Mansoorabad, Lb Nagar Ring Road, Rangareddy Dist, Hyderabad, Ap - 500074IBKL00010575002590149885300556
Retail Asset - HyderabadD No. 5 - 9 - 89/1 & 2, Chapel Road, Pb No.370 Hyderabad 500001IBKL0000811NON-MICR040-66746063

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State Bank of India/SBI8.75% - 9.35%
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Axis Bank8.85% - 9.10%
Citibank9.00% - 9.85%
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Kotak Bank8.90% - 8.75%
DHFL9.05% - 9.95%
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