IndusInd Bank Home Loan Chennai - Rates February 2024, IFSC, Eligibility, EMI

IndusInd Bank Home Loan in Chennai

About IndusInd Bank Home Loan in Chennai

The home loan is one of the products that is offered by the banks and NBFCs. It is one of the most important financial solutions for those who dreams of owning a house. There are several lenders who offer this facility. For all those who are aspiring to invest in the home, IndusInd bank home loan is one of the affordable options available. It gives many other features and benefits to the people. It gives other advantages like balance transfer option, simple documentation, transparency, no hidden charges etc.

IndusInd Bank Home Loan in Chennai at a glance

Interest Rate8.40% - 9.75%
Loan amountDepend upon the individual's income and profile.
TenureUp to 30 years
Processing fee0.5% of the loan amount
Pre- payment chargesAs per Bank’s norm

Eligibility Criteria

  • The age of the applicant should be between 21 – 65 years
  • Salaried individuals with minimum 3 years experience
  • Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years

Documents Required

  • Loan Application with  passport size photograph of applicant/guarantor
  • Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
  • Residence proof-  Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
  • Signature proof- Passport/ PAN Card
  • Processing fee cheque
  • Detailed cost estimate/valuation report from Bank’s Panel Chartered Engineer/Architect
  • Allotment letter of Co-operative Housing Society/ Apartment Owners’ Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
  • Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata, and permission for mortgage, wherever necessary
  • Last 3 months Salary Certificate and Form No.16/ITR for last 3 years (in case of salaried persons)
  • IT Returns filed for the past three years (in case of non-salaried persons)
  • Educational qualification certificate and the Proof of business existence (in case of self-employed businessmen or professionals)
  • Balance Sheet and P&L Account for the past three years (in case of self-employed businessmen or professionals)

To get more detailed information, visit Home Loan Chennai.

Address of IndusInd Bank Branches in Chennai

ChennaiNO.3 Village Road Nungambakkam, Chennai - 600034INDB0000007600234002044 28234788 / 99 / 28235471 / 28259150 28235489, 28259253, 28203638
Anna NagarAl Complex, W 115 A, 3rd Avenue, Annanagar, Chennai 600040INDB0000046600234003044 5218 0926/27/28 42180924
AdyarSreela Terrace, Old No. 48, New No. 105, 1st Main Road, Gandhi Nagar, Adyar, Chennai - 600020INDB0000051600234004044 52607575 - 79 52607577
Ashok Nagar, ChennaiGround Floor, No42, 10th Avenue, Ashok Nagar, Chennai - 600083 Tamil NaduINDB0000177600234009044-24851067/68/69/71/72 24851070
Teynampet30, OLD NO.159, Eldams Road, Teynampet, Chennai 600 018INDB0000315600234013044- 24315630 - 35
T Nagar, Chennai5/6 Old No.3/2 Swetambar, Bazullah Road, T Nagar, Chennai 600 017INDB0000328600234013044 - 2815 6931/32/34/35/38
Kilpauk, ChennaiGround Floor, New No 9, (old No 5), Balfour Road, Kilpauk, Chennai- 600 010INDB0000361600234017044-26420409/0423/0436/0468
Aminjikarai, ChennaiGround Floor At No. 1& 3, Lakshmi Ammal Street, Ayyavoo Naidu Colony, Aminjikarai, Chennai 600 029, Tamil NaduINDB00003816002340151860 500 5004
Medavakkam, ChennaiGround Floor, G-3, Ragamalika, Phase-ii, # 150, Tambaram Velachery Main Road, Medavakkam, Chennai- 600 042, TNINDB0000388600234016044 22770972/0981/0989/0968
East Mogappair ChennaiG 3, Block 1, Amm Towers, No 50, Thiruvallur Main Rd, East Mogappair, Chennai 600 037, TNINDB000056760023401826568485
VelacherryGround Floor, Dev Apartments # 28a/1, Venkateshwara Nagar, 100ft Bye Pass Road, Velachery, Chennai- 600 042, Tamil NaduINDB0000606600234019044 - 22590228, 22590268, 22590235, 22590284
Royapettah ChennaiUpper Grd First Floor Door No 151 Old Door No 90 Avvai Shanmugam Salai Royapettah Chennai 600 014 TNINDB000080360023402049527607
West Anna Nagar2067 13TH Main RoadINDB00008226002340219176599773
Chinmaya Nagar ChennaiGrd Flr Dr Ksv Towers New No 30 Kaliamman Koil Street Chinmaya Nagar Koyambedu Chennai 600092 TnINDB000085460023402224792569
Nelson Manickam Road ChennaiGround Floor Priyan Plaza 76 Nelson Manickam Road Chennai 600029 Tamil NaduINDB000086060023402323741315
K K Nagar ChennaiFirst And Second Floor K Karunanidhi Building 877a Ramasamy Salai Kk Nagar Chennai 600078 TamilnaduINDB00009316002340249840740267
Perungudi ChennaiGrd 1st Flr Plot No118 Old Mahabalipuram Road Omr Perungudi Chennai 600096 Tamil NaduINDB000093260023402524962391

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%