Why Choose IndusInd Bank Home Loans?
Wide Market Reach: IndusInd Bank, recognized as one of the best
banks for home loans, has branches across India, ensuring easy access to guidance and services
in both cities and smaller towns.
Transparent Process: From application to approval, every step is
clear. You are always informed about fees, payments, and required documents.
Loans for Everyone: Whether salaried, self-employed, an NRI, or
applying jointly, IndusInd Bank offers home loan solutions for first-time buyers, families, and
investors alike.
Personalized Solution: Loan plans are tailored to your income,
repayment period, and property type, with dedicated relationship managers and online advisors
for support.
Digital-First Experience: Apply online, track your loan status,
and get assistance anytime, anywhere for a smooth and fast process.
IndusInd Bank Home Loans Products
IndusInd Bank has your back when it comes to home loans:
Standard Home Loan: Get a loan to buy a new home, an
under-construction property, or a resale flat, house, or builder floor.
Plot Loans: Purchase land for a house with IndusInd Bank Plot
Loan, even if you plan to build later.
Home Build Loan: Build a house on your own land, individually or
with family support.
Home Improvement/Renovation Loan: Upgrade, renovate, or expand
your current home without exhausting your savings.
Balance Transfer Home Loan: Transfer your existing home loan from
another bank to IndusInd Bank for better rates or additional options.
NRI Home Loans: Special home loans with tailored documentation
for Indians living abroad who want to buy property in India.
Top-up Loans: Avail extra funds on top of your current home loan
for any purpose, such as education, travel, or home improvements.
IndusInd Bank Home Loan Interest Rates
Interest rates for the Best Bank for Home Loan remain competitive, adjusting for borrower
profile, loan amount, and tenure. Get the best loan solution with IndusInd Bank EMI Calculator.
| Loan Product |
Interest Rate (p.a.) |
Processing Fee |
Max Tenure |
LTV Ratio |
| Home Purchase/Construction |
9.00% – 10.50% |
Up to 1% + GST |
Up to 30 yr |
Up to 90% |
| Home Improvement/Renovation |
9.50% – 11.00% |
Up to 1.25% + GST |
Up to 15 yr |
Up to 80% |
| Plot Loan |
9.75% – 11.25% |
As per scheme, up to 1% |
Up to 10 yr |
Up to 75% |
| Balance Transfer/Top-up |
8.80% – 10.75% |
Up to 1% + GST |
Per orig. |
Per orig. |
| NRI Home Loans |
9.25% – 11.25% |
Up to 1.5% + GST |
Up to 20 yr |
Up to 85% |
- Processing Fees: 0.5%–1.5% of the loan amount (minimum and maximum caps
apply; GST additional). Seasonal offers or discounts may apply.
- Prepayment Fee: Nil for individual floating-rate loans; nominal for
fixed-rate or other categories.
- LTV (Loan-to-Value Ratio): Maximum funding is as per government and bank
norms; the remaining amount must be borne by the borrower.
- Tenure: Up to 30 years for home loans; shorter tenures for plot or
improvement loans.
Indusland Bank Home Loan Eligibility Criteria
Age: 21–65 years for employed applicants; up to 70 years for
self-employed applicants at loan closure.
Income: Minimum ₹20,000 per month, subject to variation based on
location and applicant profile.
Job/Business: Steady employment or business operation for at
least 1–2 years is required.
Credit Score: Preferred score is 700 or higher. New borrowers or
those without a regular income may still be considered.
Property: Property must have legal, marketable title and be
located in an approved area.
Co-Applicants: Including a spouse, parents, or adult children as
co-applicants can improve approval chances.
Required Documents for IndusInd Bank Home Loan Partner
To make your application faster, have these documents ready:
Application Form: Completed application form with recent
passport-sized photographs of all applicants.
ID Proof (Know Your Customer): Aadhaar card, PAN card, Voter ID,
passport, or driver's license.
Address Proof: Aadhaar card, passport, utility bill, or rent
agreement.
Income Proof (Salaried): Last 3–6 months of pay slips, Form 16,
and bank statements for 6–12 months.
Income Proof (Self-Employed): Income Tax Returns (2–3 years),
business proof, CA-certified balance sheet, and bank statements.
Property Documents: Sale deed, title deed, tax receipts, chain
documents, NOC from builder or society, and building plan approval.
Other Documents: Processing fee cheque, documents for
co-applicants or guarantors, and property insurance proof (if required).
For NRI Borrowers: Passport copy, valid visa, work permit,
current address proof, and NRO/NRE account details.
How to Apply for an IndusInd Bank Home Loan via
TyTil
Applying through TyTil makes getting a Home loan for ready-to-move flats
fast and clear:
- Sign Up: Create your profile on TyTil and select
IndusInd Bank as your lender.
- Eligibility Check: Quickly determine which loans you qualify for by
entering your details and uploading required documents.
- Experts Submitting: TyTil loan specialists assist you,
ensure paperwork is correct, and help find the best loan option.
- Track Live: Receive real-time updates via the TyTil
app, so you always know the status of your application.