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Home Loan

Home, sweet home, built out of your dreaadvt. A place where you return after a hard day's work and relax, a place where you share precious moments with your family. A place that gives you a sense of belonging. IDBI Bank helps you realise your long cherished dream of owning your home through hassle free and customer friendly home loans.

Presenting IDBI Bank's ultra-flexible home loan you have been looking for. We realise what owning your home means to you and your family.

You can avail of the Home Loans for constructing a home, purchasing a ready built house / flat, residential plot and even for re-financing existing loans you may have availed from other banks or housing finance companies. Click here to apply.

Advantages of IDBI Bank Ultra Flexible Home Loans

  • Maximum Funding
  • Flexibility of choosing between Floating or Fixed interest rate
  • Attractive rate of interest
  • EMI on daily reducing balance
  • Personalised doorstep service
  • Simple documentation
  • Legal and technical assistance
  • Balance transfer facility
  • Reassessment and adjustment of applicant's loan eligibility in case of change of income and residence status


Tenor of a home loan can be up to 25 years for a resident individual whereas for NRIs the maximum tenure is 15 years subject to maximum age of 60 years at maturity.

Loan can be applied for a maximum of 90% of the property value subject to credit discretion.

Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of the title deeds or such collateral security as may be necessary.

Title to the property should be clear and free from encumbrance, i.e., without any pending legal litigation adversely affecting the ownership of the property.

Other parameters considered include an account of your age, income, number of dependents, financial stability and co-applicant's income.

Tax Benefits

As per the current finance bill you can get:

A maximum deduction of Rs. 1,50,000 on your income towards interest paid on your home loans u/s 24

A maximum deduction of Rs. 1,00,000 on the principal repaid u/s 80 CCE

The above benefits are available subject to you fulfilling certain conditions, for which you should refer the IT Act 1961

Disclaimer: Legal Information

Contact IDBI Bank
Your Name
Your Email
Bank Address
Branch Details:
IDBI Bank Ltd AC-32,
Bidisha Apartment, Prafulla Kanan,
Krishnapur, Kolkata-700101

Contact Details:
Name : Rikhab Chand Surana / Surajit Das
969233426418 / 9038076525

The contents of this Website is for general information. Every effort has been made to ensure that figures are correct. Information in some sections of this Website has been obtained/compiled from sources which are considered reliable. Any one using the information shall be doing so on his own judgement. IDBI does not accept any responsibility for the consequences arising on account of relying on the information provided herein.