Jan 7 2018

IDBI Bank Home Loan Account Statement – 2015-2016 StudyChaCha #advance #loans

#idbi home loan

IDBI Bank Home Loan Account Statement

Re: IDBI Bank Home Loan Account Statement

IDBI BANK provide 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.

Advantages of IDBI Bank Ultra Flexible Home Loans-

Simple documentation

Attractive rate of interest

Balance transfer facility

EMI on daily reducing balance

Flexibility of choosing between Floating or Fixed interest rate

Legal and technical assistance

Maximum Funding

Personalised doorstep service

Reassessment and adjustment of applicant’s loan eligibility in case of change of income and residence status

Features of the loan-

Tenor of a home loan can be up to 20 years for a resident individual (salaried self employed professional) whereas for Self employed (resident Indian) NRIs(salaried) the maximum tenure is 15 years subject to maximum age of 65 years at termination of loan.

Security for the loan is 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.

Here you can check your loan statement by entering required details like customer ID, a/c no. and pan no.


Answered By StudyChaCha Member

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