Apply for India Bulls Home Loan

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Why apply through CreditMantri

CreditMantri matches your credit and demographic profile to India Bulls Home Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you based on our proprietary matching algorithm.

In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for India Bulls Home Loan. Hence the chances of your India Bulls Home Loan application getting approved is higher.

max tenure

30 yrs

processing fee

Rs. 10,000/-*

best rate


  • Flexible documentation
  • Quick processing.
  • End-to-end doorstep service through the nearest office.
  • Competitive home loan interest rate, terms & conditions.
  • Well-trained and knowledgeable team.
  • Interest Rate – 8.55%
  • Processing Fees – Rs. 10,000/- onwards for salaried, Rs. 12,500/- for self-employed
  • ID Proof - Passport Copy/ Voter ID card/ Driving License/ PAN Card
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License
  • Bank Statements for the last 6 months
  • Income proof – Pay slip
  • Documents related to Property title & Valuation

About Indiabulls

Indiabulls Housing Finance Ltd. (IBHFL) is one of the premier private housing finance company in India. It is part of the Indiabulls Group, established in 1999, which deals in housing finance, real estate and wealth management.

Indiabulls Home Loan

For many millions in India, buying a home is one of the main aspirations of adult life. Having your own place popularly offers a certain peace of mind regarding your financial stability, provided you manage your finances well. You might be already on the lookout for the perfect place to call your own, or you might be just starting to contemplate the idea of buying a home. Whatever the case, everyone needs that much-needed financial help when it comes to buying property.

A home loan from Indiabulls is one option that could help you fund your dream home. Taking a home loan is not an easy stroll in the park, and you must carefully plan your finances in advance of this long term financial commitment. Paying the EMI dues could span over a decade or two, or even three, depending on your budget and monthly EMI outflow. Taking a home loan demands a significant chunk of your income towards making your monthly EMI payment. Read on to know the features and the benefits on offer with Indiabulls home loans.

Features of Indiabulls Home Loan

  • Help in selecting the right property.
  • Checking approvals of the selected project, registration of the property, filing of documents.
  • Quick processing.

Purpose of the loan

A home loan from Indiabulls could be used for the following:

  • To construct a house on your plot of land
  • To purchase a new apartment/row house, bungalow from a builder
  • To repair and renovate your existing house
  • To construct a residential dwelling unit on a plot already owned.
  • To purchase a residential plot
  • To extend an existing residential property (adding floors, new rooms)

Amount of Loan

Up to 90% of the cost of the property is offered as a loan if your loan requirement is up to Rs. 30 lakhs. For loans above Rs. 30 lacs and up to Rs. 75 lakhs up to 80% is offered, and for loans above Rs. 75 lakhs, a maximum of 75% of the cost of the property is offered. Indiabulls tailors its home loan offers as per the customer’s credit worth and repayment history.

Maximum Term

30 years, subject to your retirement age

Applicant and Co-Applicant to the loan

Home Loans can be applied for either individually or jointly. However, co-owners of the property, must be co-applicants.

Indiabulls Home Loan eligibility

The applicant should be either a salaried or self-employed professional with the ability to make the initial down payment. He / she should have a suitable repayment capacity as assessed by Indiabulls. Co-applicants on the loan could include father / mother / brother / sister / relatives.

Benefits of Indiabulls Home Loan

  • Make your home search easier by using Indiabulls property search services.
  • Avail home loan counseling services
  • Attractive interest rates
  • Doorstep service
  • Quick approval and disbursal
  • Choose from 5000+ pre-approved projects
  • Easy monthly repayments under part disbursements
  • Safe document storage (ISO Certified)
  • Balance Transfer of your existing loan with reduced interest rates and EMI’s
  • No pre-payment / foreclosure charges on home loans

Indiabulls Home Loan Interest Rate

The Rate of Interest varies depending on the credit history of the applicant among other factors and is at the sole discretion of Indiabulls. For the most accurate and up to date interest rates, it is advisable to contact Indiabulls directly. Following is an overview:


Loan Amount Variable Rates%
Up to and including Rs 75 lakhs 8.65% to 10.05%
More than Rs 75 Lakhs and up to Rs 300 lakhs 8.70% to 10.75%
More than Rs 300 Lakhs and up to Rs 500 lakhs 8.80% to 11.25%
More than Rs 500 lakhs 10.00% to 11.75%


Loan Amount Fixed Rate Tenure Rates%
Up to and including Rs 300 lakhs up to 3 Years 9.75% to 12.00%
More than Rs 300 lakhs 10.50% to 12.25%

Indiabulls Home Loan Fees and Charges

Service charges, levies, processing fees, and other taxes / fees will be charged as per the prevailing rate. The rates, fees, charges etc. are subject to changes / revision from time to time.

Indiabulls Home Loan Documents Required

For the Salaried:

  • Completely filled in application form
  • Last 3 months salary slip
  • Employment proof
  • Form 16/Latest Income –Tax Return
  • Bank statement for the last six months
  • ID proof, address proof and Proof of age
  • Passport size photographs
  • Any other document as deemed mandatory by Indiabulls

For the Self-employed:

  • Completely filled in application form
  • Profit & Loss Account and Balance Sheet for the last three years of the Company and Individual.
  • Income-Tax Returns for the last three years of the Company and Individual / copy of the tax paid challan.
  • Bank statement for the last six months of the company and Individual.
  • Business continuity proof and business profile.
  • ID proof, address proof and Proof of age
  • Passport size photographs
  • Any other document as deemed mandatory by Indiabulls

Indiabulls Home Loan Status Check

You will be given an application number while you apply for a home loan which you will need to keep handy for future referencing. You can contact Indiabulls customer care for help with tracking of your home loan application while quoting the application number.

Indiabulls Home Loan FAQs

Who is eligible to apply for a loan?

Any salaried or self-employed Indian national who is credit worthy and has a suitable net worth and repayment capacity is eligible to apply for a home loan from Indiabulls. NRIs are also eligible to apply for home loans with Indiabulls.

When can I apply for a home loan?

You can apply for a home loan anytime, even if you are yet to select a property or the construction of your chosen property is yet to begin.

What is the maximum amount of money I can borrow?

The maximum amount that you can borrow depends on several important factors such as your income, repayment capacity, credit history, etc.

How is my eligibility determined?

While determining your eligibility, various factors are taken into consideration. It is assessed based on various factors like your age, income, savings, stable employment history, any ongoing monthly EMIs on other loans, financial discipline, continuity of income, educational qualifications, assets, and repayment history / credit history. Loans are approved only after detailed investigations and cash flow assessment in addition to scrutiny of business financials (for self-employed).

Indiabulls Home Loan Review

Indiabulls offers an array of finance products to suit every need and budget, and simplifies quick completion of the formalities once the loan is approved.

How to Get Home Loan from Indiabulls

  • Offline: You can visit your nearest Indiabulls Housing Finance branch to discuss your eligibility and for details on your home loan. You can find the details of all the branches on their website. You can submit your completed application form along with the required documents when you visit the branch.
  • Via Customer care: You can also call the customer care number at 011 4161-3014/15/16 for help with the process.
  • E-Home Loan: You can apply for a home loan online on their website. The process can be completed online—from sanctioning to disbursal of the amount. You will be required to upload your KYC documents, e-Sign and set up auto-retrieval of bank statements for quicker processing.
  • Get a call back: You can leave your name and number on the website and have a representative get it touch with you.
  • Need help? Alternatively, if you think you need advice on loan eligibility, choosing the most suitable offer, and help with your loan application and documentation, CreditMantri can guide you through the entire process and match you with the loan offer that best suits your profile.

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