Indian Bank Home Loan Interest Rates

I going to apply for Home Loan above from Rs 75 lakhs in Indian Bank and here I want to what is current interest charged Indian Bank on home loan?

As you are looking for the home loan interest rates of Indian Bank from Rs 75 lakhs, here I am providing you the interest rate.

Sanctioned Limits above Rs. 75 lakhs

Period of Loan Interest Rate

Up to 5 years BR+0.50 = 11.00 %
5 years up to 15 years BR+0.75 = 11.25 %
15 years BR+1.00 = 11.50 %

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Answered By StudyChaCha Member

I need the information of Home Loan Interest Rates and some other details. Can you please provide me the same?

Indian Bank offers Home Loan as IB Home Loan Plus.

Eligibility:

All existing Home Loan customers are eligible who have repaid a minimum of 36 EMI’s regularly.

NRIs and Staff Members of the Bank including retired staff members may also be considered by the sanctioning authority.

Amount:

Minimum amount – Rs. 1.00 lakh
Maximum amount – Rs. 10.00 lakhs

Processing fee is: 1.15% of the loan amount

Interest Rates:

Base Rate: 10.20 % p. a.
Benchmark Prime Lending Rate: 14.50 % p. a.

Repayment duration: 120 months

For more details you can contact to the bank itself. For your reference I am providing you its contact details.

Contact:
Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014
Ph: 044 28134300

Map location: