CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Indiabulls home loan gets you flexible documentation and quick processing. End-to-end doorstep service through the nearest office is provided. Get competitive home loan interest rates, terms and conditions. Check offers now on CreditMantri!
Currently not available! Check Eligibility for similar products
About India Bulls
India Bulls Housing Finance Ltd, the second largest housing finance company in India, was established in 1999 in New Delhi. Currently, the India Bulls group is into housing finance, real-estate and wealth management. With the customer base of 9.20 Lakhs, Indian Bulls Group operates from 220 branches in 110 cities across India.
Home Loan is offered to individuals who wish to construct or buy a house. The property bought or about to be constructed is mortgaged as collateral until the repayment of the loan is completed with full interest. The repayment of the loan generally depends on the capacity of the borrower. Normally, the home loan tenure ranges between 5 to 30 years. The borrower can opt either for floating type of interest or fixed interest rate. Home loan provides tax benefits to the borrowers.
India Bulls offers a wide range of services in the home loan segment. It is the most preferred bank by all kinds of people for any financial service. Packed with exclusive benefits, India Bulls Home Loans are tailor made catering to the needs of various customers.
India Bulls home loan aims to help millions of people achieve their dream of owning a house.
Loan amount is subject to income and valuation of Property.
Tenure will vary as per the customer’s requirement and repaying capability
Prepayment Charges: NIL
As applicable and specified in the Terms & Conditions
Home Loans Variable Rate
Home Loans Fixed & Floating Rate of Interest
To avail the home loan from India Bulls, you need to have the following eligibility criteria.
Important documents to be submitted while applying for home loans with India Bulls
For guarantor (wherever applicable):
Your India Bulls home loan can be repaid in following three ways.
Standing Instruction (SI):
If you are an existing account holder with India Bulls, Standing Instruction is the best mode of repayment. Your EMI amount will be debited automatically at the end of the monthly cycle from the India Bulls account you specify.
Electronic Clearing Service (ECS):
This mode can be used if you have a non-India Bulls account and would like your EMIs to be debited automatically at the end of the monthly cycle from this account.
Post-Dated Cheques (PDCs):
You can submit post-dated EMI cheques from a non-India Bulls account at your nearest India Bulls Loan Centre. A fresh set of PDCs will have to be submitted in a timely manner. Please note Post Dated Cheques will be collected non-ECS locations only.
It is recommended that you opt for either the SI or ECS mode of payment for faster and less prone to error than the use of PDCs.
You can either apply online or visit a nearby India Bulls branch for the application. You can also download the home loan application form from the India Bulls official website, complete the form and submit it the bank representative.
A good credit score is really the starting point to get the best offers on home loans from all lenders, with a score above 750+ you will be able to get flexible repayment tenor, reduced interest rates and save on monthly EMIs.
You can also check your eligibility for a home loan through CreditMantri and apply for it.
1. What are processing fees on India Bulls Home Loans?
2. Is there penalty for prepaying the India Bulls Home Loan?
There is no processing fee
3. What is the maximum loan repayment period for India Bulls home loans?
Repayment period of 10 to 20 years.
4. How Can I apply for a India Bulls home loan?
You can either apply online or visit a nearest India Bulls branch and take the help of the bank’s representative.
5. Does India Bulls Bank facilitate balance home loan transfer?
Yes, you can transfer your existing home loan to India Bulls Bank.
6. Can I get tax benefits from India Bulls Home Loan?
As per Section 80C read with section 80CCE of the Income Tax Act, 1961 the principal repayment up to INR 150,000 on your home loan will be allowed as a deduction from the gross total income subject to fulfilment of prescribed conditions.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.