IndiaBulls Housing Finance

Overview

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Indiabulls Home Loans offered by Indiabulls Housing Finance Ltd. is emerging as the most preferred brand in housing finance in India today. We believe in serving our customers with passion, commitment and highest degree of transparency Indiabulls Housing Finance Ltd. (IBHFL) is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB). We have the highest rating of AAA from CARE ratings & Brickwork ratings.

Loan Against Property

Indiabulls Loan against Property takes care of your financial needs while you can concentrate on your business plan.It guides you to understand the value of your residential or commercial property so that your business doesn't feel the crunch of working capital. It can also help you to fund your other working capital needs such as business growth and expansion.

 

Key Features

Loans to up to 65 percent of the market value of the property- plot, residential or commercial Easy repayment options Minimum documentation. Very low processing fees Prepayment and foreclosure fees is NIL One can also get loan on the basis of liquid income
 

Eligibility Criteria

One has to be at least 25 years of age. The maximum age limit is 60 years. Indiabulls currently offers LAP for self-employed professionals and businessmen. All Co-owners of the property must be Co-Applicants. If the income of the company is being considered for calculating the eligibility of loan, the company is taken as the Co-Applicant. If the company or a partnership firm is the owner of a property, all the Partners and Directors have to act as Co-Applicants.
 

Documents Required

Pan card of the company Address Proof Income Tax returns for the past 2 years along with the balance sheet and computational Profit and loss statement Business profile on company's letterhead along with MoA KYC form In case the turnover is more than 5 lacs, Audited financials need to be certified by a CA Vat registration and Vat return documents (last 2 years) Last 2 years Form 26 AS Past 6 months banking records Property Documents Disclaimer: Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated. Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

 

 

Home Loan

Indiabulls Home Loans -offered by Indiabulls Housing Finance Ltd. is emerging as the most preferred brand in housing finance in India today. We believe in serving our customers with passion, commitment and highest degree of transparency.

Indiabulls Housing Finance Ltd. (IBHFL) is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB). We have the highest rating of AAA from CARE ratings & Brickwork ratings.

 

Key features

Indiabulls Home Loans offers the best in-class features and most competitive pricing to the widest range of borrowers seeking to buy their dream home.While every home loan is a very personalized need of the borrower and IBHFL makes the best effort to understand the requirement and provide him with the most customized home loan, some of our salient features are presented below:

The maximum offered tenure for repayment of loan is 20 years. Instant loan application and approval on the corporate portal. The maximum loan on offer is 80% of the overall cost of the property. This rule applies for loan amounts Exceeding Rs.20 lakhs. For loans up to Rs.20 lakhs, the maximum loan offer is 85%. Flexibility to apply for the loan either individually or jointly. Co-applicants need not be co-owners. Very attractive and competitive rate of interest. Hassle free application process with quick turnaround time. Customer centric approach, immensely flexible and robust support. Save tax per Section 24 and Section 80C of the Income Tax Act.
 

Documents Required

Signed application form with photograph Residence proof and ID Processing fee Cheque Last 6 months bank statement

For salaried individual

Salary slips of last 3 months Income Tax return or Form 16

For self employed

Education qualification certificate Proof of the existence of business Last 3 years income tax returns with computation of income Last 3 years CA Certified/ Audited Balance Sheet along with the profit and Loss account