IDBI Bank Home Loan 2025 - Make your Dream Come True!

IDBI Bank is one of the leading player in the Home Loan segment. The bank offers competitive and customised deals in the housing loan. Under this loan, there is no pre-payment and pre-closure charges associated with the loan.

The loan offers customised solutions to meet the individual home loan requirements. The smooth process of the bank has made the borrowers opt for the IDBI home loan.

Features of IDBI Bank Home Loan

The special features of IDBI home loan schemes are as follows:

• Salaried employees and Self-employed (including NRIs) get a customised loan.
• The bank gives flexible repayment options with easy instalment plan, step up & step down repayment Facility.
• You can get already approved projects for the convenience of borrowers.
• You can avail IDBI home loan from any branch in India.
• The bank ensures smooth and easy loan processing.

IDBI Bank Home Loan Interest Rates 2025

The interest rates on IDBI home loan comes under regular floating rates.

The bank is Offering plain vanilla home loan schemes, under which the interest rates are as follows:

Interest Rates for Home Loan Top-Up

Interest Rates for Loan Against Property (LAP)

Other IDBI Home Loan Interest Rates Classification

Eligibility Criteria for Loan Application

• An individual must be a salaried, self-employed professional or a businessman.
• The applicants have to submit self and co-applicants Income.
• Continuity of occupation of the borrower.

Documentation

The following documents are needed to process the IDBI home loan application-

Salaried Employees

• Application form with photograph
• Identity and residential proof
• Form 16 and ITR
• Last 6 months bank statements
• Last 3-month salary slip

Self-Employed Professionals

• Application form with photograph
• Identity and residential proof
• Education qualification certificate and proof of business existence
• Last 3-year ITR
• Last 3 year
• Last 6 months bank statement

Self Employed Non-Professionals

• Application form with photograph
• Identity and residential proof
• Proof of business profile and business existence
• Last 3-year ITR with profit or loss balance
• Last 6 months bank statements

IDBI Bank Home Loan Interest Saver

Under this scheme, you can link your home loan account with the Flexi current account. If required, you can deposit or withdraw funds from the operating current account.

The interest rates are calculated on the Basis of the outstanding balance of the loan in the current account based on EOD balance.

The interest rates under Home loan Interest Saver are as follows -

Benefits of Home Loan Interest Saver

In Home Loan Interest Saver, you can use the Flexi current account like a normal account. You will be provided with a cheque book and ATM card. You can get access to the online banking portal and complete banking facilities.

You can make use of a Flexi current account through which you can deposit your excess savings, bonus etc. You can withdraw money at any point in time.

You can save interest on your home loan by depositing money into your Flexi current account.

Pradhan Mantri Awas Yojana - Credit Linked Subsidy Scheme

This government scheme is designed to provide a home to the citizens. The scheme caters the financial needs of the beneficiary. Among that, the credit link subsidy scheme (CLSS) is one of the crucial pillars of PMAY, which focuses on increasing homes to the targeted groups such as the Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group (MIG).

The aspects and limits of PMAY are as follows:

IDBI Home Loan Customer Care

IDBI Bank phone banking department strives to serve its customers in a possible manner. The bank provides a 24x7 customer service with a highly- efficient customer service that resolves the queries and complaints at the earliest.

Reach out to the customer service by the following toll-free number-

• 18002001947
• 1800221070
• 18002094324