IDBI Bank Home Loan in Kochi

About IDBI Bank Home Loan in Kochi

Get your dream home by availing home loan from IDBI Bank. The bank offers the loan for the purchase as well construction of the house. It grants the loan for the maximum amount of up to ₹10 Crores. The loan can be availed for the maximum repayment period of 30 years. Customers willing to avail the loan from the bank can apply for the same either by visiting the bank branch or online.

IDBI Bank Home Loan in Kochi 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 Kochi

Address of IDBI Bank Branches in Kochi

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

Branch NameAddressIFSC CodeMICR Contact Details   
KochiDhanwantari Building Near Padma Theater, M.G. Road,IBKL00000846822590020484-382519-21
Kochi - Main Branch6, Malviya Nagar, Near Raj Bhavan Adj. To LICIBKL0000137682259003(0755)2558415
Kochi (Corporate Banking Branch)Panampilly Nagar, Post Bag No. 4253, Kochi - 682036IBKL00003856822590049895306196
CCU, KochiCentralised Clearing Unit, Idbi Bank Ltd, 2nd Floor, Panampilly Nagar, Kochi - 682 036IBKL00009396822590020484-2321150 / 51
Currency ChestIDBI Bank Ltd., Currency Chest, Idbi Building - Ground Floor, Panampilly Nagar, Kochi, Kerala - 682 036IBKL00009686822590060484-2318885, 04846060126-30.
EdapallySea Queen Bldg Nh47, Near Changampuzha Park, Edapally, Kochi 682024IBKL00010586822590069446011593
Retail Asset KochiII nd Floor, IDBI Building, Panampilly Nagar, Near Passport, Kochi - 682036IBKL0000827NON-MICR09495086186 04842322060
Kochi Bye - PassIDBI Bank, Jacob Building, 33/23618 b - 1, N.h.bye Pass. Chalikkavattom, Geethanjali Junction, Kochi Pin : 682019 KeralaIBKL0001087NON-MICR9847452000
The Kerala State Co-operative Bank LtdChittoor Road, Pullepady Junction, Pb No 3759, Kochi-682035IBKL046KS096821770020484-2373508

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