Indiabulls Home Loan Interest Rates
Indiabulls offers home loan interest rates starting from just 8.25% p.a. in 2025, catering to salaried, self-employed, NRIs, and women borrowers. With flexible repayment tenure of up to 30 years and up to 90% property financing, Indiabulls ensures affordable EMIs and faster processing. Special rates for women (from 8.15% p.a.) and PMAY-linked subsidies make it an ideal choice for first-time homebuyers.
Indiabulls Home Loan Interest Rates
Indiabulls offers competitive home loan interest rates catering to different customer segments. For regular applicants, the starting interest rate is 9.30% p.a. Women applicants can avail of a special rate of 8.55% p.a., while senior citizens and NRIs have the option to secure loans at 8.80% p.a. The tenure options range up to 30 years, and the loan can cover up to 90% of the property value. To be eligible, a minimum credit score of 650 is required.
Indiabulls Home Loan Interest Rates of Different Schemes in 2025
| Home Loan Scheme / Products | Interest Rates (p.a.) |
| Indiabulls Regular Home Loan | 9.30% onwards |
| Indiabulls Loan Against Property | 10.45% onwards |
Different Types of Home Loans Offered by Indiabulls – Detailed Overview
Indiabulls offers a range of home loan products tailored to suit various needs:
1. Indiabulls Home Purchase Loan
Indiabulls’ Home Purchase Loan caters to salaried and self-employed individuals, offering competitive interest rates starting from 9.30% p.a. The loan tenure can extend up to 30 years, and applicants must have a minimum Cibil score of 650. The loan amount is based on income and property value, and processing fees are applicable as per the bank’s norms.
- Applicant Type: Salaried and self-employed individuals.
- Eligibility:
- Age: Indian residents aged 21 to 65 years.
- Cibil Score: Minimum score of 650.
- Employment Type: Both salaried and self-employed.
- Loan Tenure: Up to 30 years.
- Loan Amount: Varies based on income and property value.
- Interest Rate: Starting from 8.25% p.a.
- Processing Fees: As per the bank’s norms.
2. Indiabulls Home Construction Loan
This loan is designed for those constructing a house on their plot. With interest rates starting from 9.40% p.a., the loan tenure can go up to 20 years. Applicants should be Indian residents aged 24 to 65 years, with a minimum Cibil score of 700 considered as ideal. The loan amount is determined by the estimated construction cost, and processing fees apply.
- Applicant Type: Individuals constructing a house on their plot.
- Eligibility:
- Age: Indian residents aged 24 to 65 years.
- Cibil Score: Minimum score of 700.
- Employment Type: Both salaried and self-employed.
- Loan Tenure: Up to 20 years.
- Loan Amount: Based on the estimated construction cost.
- Interest Rate: Starting from 8.40% p.a.
- Processing Fees: As per the bank’s norms.
3. Indiabulls Home Improvement Loan
Homeowners seeking to renovate or enhance their property can benefit from this loan. With interest rates starting from 8.50% p.a., the loan tenure can extend up to 15 years. Indian residents aged 21 to 65 years are eligible, with a minimum Cibil score of 650 being considered ideal. The loan amount depends on the property valuation and the applicant’s repayment capacity, with processing fees applicable.
- Applicant Type: Homeowners looking to renovate/improve their property.
- Eligibility:
- Age: Indian residents aged 21 to 65 years.
- Cibil Score: Minimum score of 650.
- Employment Type: Both salaried and self-employed.
- Loan Tenure: Up to 15 years.
- Loan Amount: Subject to property valuation and repayment capacity.
- Interest Rate: Starting from 8.50% p.a.
- Processing Fees: As per the bank’s norms.
4. Indiabulls Balance Transfer Home Loan
Indiabulls’ Balance Transfer option allows individuals with an existing home loan from another bank to transfer it. Interest rates start from 8.30% p.a., and the loan tenure can match the outstanding tenure of the existing loan. Applicants aged 21 to 70 years are eligible, with a minimum Cibil score of 700. The loan amount is based on the outstanding loan amount, and processing fees are applicable.
- Applicant Type: Individuals with an existing home loan with another bank.
- Eligibility:
- Age: Indian residents aged 21 to 70 years.
- Cibil Score: Minimum score of 700.
- Employment Type: Both salaried and self-employed.
- Loan Tenure: Up to the outstanding tenure of the existing loan.
- Loan Amount: Based on the outstanding loan amount.
- Interest Rate: Starting from 8.30% p.a.
- Processing Fees: As per the bank’s norms
5. Indiabulls Pradhan Mantri Awas Yojana (PMAY)
Indiabulls PMAY (Pradhan Mantri Awas Yojana) loan is a specialized home loan product designed to support and fulfill the housing needs of individuals falling under the Economically Weaker Sections (EWS), Low-Income Group (LIG), and Middle-Income Group (MIG) categories as defined by the PMAY scheme.
- Interest Rate with Subsidy: Indiabulls offers Pradhan Mantri Awas Yojana beneficiaries a lower interest rate on their home loans with the benefit of a credit-linked subsidy. The subsidy amount is calculated based on the applicant’s income category and loan amount.
- Eligibility Criteria: The PMAY loan is available to individuals meeting the PMAY scheme’s eligibility criteria. These include specific income limits, nationality requirements, and a first-time homebuyer condition.
- Loan Tenure: The loan tenure for PMAY loans can extend up to 20 years, allowing beneficiaries to repay the loan over an extended period to manage their EMIs efficiently.
- Loan Amount: The loan amount under PMAY is determined based on the subsidy applicable, the borrower’s income, and the property’s value. The subsidy amount reduces the total loan amount, making homeownership more affordable.
- Application Process: Applicants must apply for the PMAY loan through Indiabulls, providing necessary documents and fulfilling eligibility criteria. The bank will verify the application and provide details about the subsidy amount and loan terms.
- Subsidy Disbursement: The subsidy amount is directly credited to the borrower’s loan account by the National Housing Bank (NHB) after approval and verification. This reduces the outstanding principal, leading to reduced EMIs for the borrower.
- Benefits to Borrowers: The PMAY loan allows eligible beneficiaries to avail of affordable housing with lower EMIs, reducing the financial burden of owning a home. It promotes inclusive housing by providing financial assistance to those with limited income.
Indiabulls Home Loan Interest Rates for Women and Benefits
Indiabulls offers special benefits for women applicants on home loans. Women can avail home loan interest rates starting from 8.15% p.a. The loan tenure can be up to 30 years, and the loan amount can cover up to 90% of the property value. Additionally, women borrowers can enjoy streamlined processing and customized offerings tailored to meet their specific requirements.
Table: Indiabulls Home Loan Interest Rates for Women
| Cibil Score | Interest Rate (p.a.) |
| 650-700 | 8.15% |
| 701-750 | 8.10% |
| 751-800 | 8.05% |
Indiabulls Home Loan Interest Rates for Self Employed
Self-employed individuals can avail home loans from Indiabulls starting from 8.35% p.a. The loan tenure can extend up to 30 years, and the loan amount can cover up to 80% of the property value. Applicants must have a minimum Cibil score of 700 to be eligible for this loan.
Indiabulls Home Loan Interest Rates for Self Employed
| Cibil Score | Interest Rate (p.a.) |
| 700-750 | 8.35% |
| 751-800 | 8.30% |
| 801-850 | 8.25% |
Indiabulls Home Loan Interest Rates for Salaried
Salaried individuals can benefit from Indiabulls’ home loan interest rates starting from 8.25% p.a. The loan tenure can be up to 30 years, and the loan amount can cover up to 90% of the property value. To be eligible, applicants need a minimum Cibil score of 650.
Indiabulls Home Loan Interest Rates for Salaried
| Cibil Score | Interest Rate (p.a.) |
| 650-700 | 8.25% |
| 701-750 | 8.20% |
| 751-800 | 8.15% |
Indiabulls Home Loan Interest Rates for NRI
NRIs can avail home loans from Indiabulls at competitive interest rates starting from 8.30% p.a. The loan tenure can extend up to 20 years, and the loan amount is subject to property valuation and repayment capacity. Processing fees apply as per the bank’s norms.
| Eligibility | Loan Tenure | Loan Amount | Interest Rate (p.a.) | Processing Fees |
| Indian Passport Holders | Up to 20 years | Based on property valuation & capacity | Starting from 8.30% | As per the norms of the bank |
Features and Benefits of Indiabulls Home Loan
Indiabulls Home Loan offers a host of features and benefits tailored to suit the diverse needs of homebuyers.
- Attractive Interest Rates: Enjoy competitive interest rates, starting from 8.25% p.a. for salaried individuals and 8.35% p.a. for self-employed applicants.
- Flexible Tenure: Repay the loan comfortably with flexible tenure options of up to 30 years.
- High Loan Amount: Avail a substantial loan amount covering up to 90% of the property value, based on eligibility.
- Special Rates for Women: Women applicants can benefit from special interest rates starting from 8.15% p.a.
- Streamlined Processing: Experience hassle-free and quick loan processing, making the dream of owning a home a reality.
- Balance Transfer Facility: Easily transfer your existing home loan to Indiabulls for better interest rates and other advantages.
- Pradhan Mantri Awas Yojana (PMAY) Benefits: Eligible applicants can enjoy the benefits of PMAY, reducing the burden of home loan repayment.
How to Apply for Indiabulls Home Loan?
Applying for an Indiabulls Home Loan is a straightforward process. Here are the steps to follow:
- Online Application:
Visit the official Indiabulls website and fill out the online application form with your personal, employment, and property details.
- Document Submission:
Upload the required documents, such as identity proof, address proof, income documents, and property papers.
- Application Review:
Indiabulls will assess your application and verify the submitted documents.
- Loan Approval:
Once approved, you will receive a loan offer detailing the loan amount, interest rate, and other terms and conditions.
- Acceptance:
After reviewing the loan offer, provide your acceptance by signing the necessary documents.
- Loan Disbursement:
Upon acceptance, the loan amount will be disbursed to your account or directly to the seller/developer, as per the agreed terms.
Indiabulls Home Loan Eligibility
To be eligible for an Indiabulls Home Loan, applicants need to meet the following criteria:
- Age: The applicant should be an Indian resident aged between 21 and 65 years. However, the age requirements may vary depending on the type of loan being applied for. Some loan products may have specific age limits.
- Employment Type: Both salaried and self-employed individuals are eligible to apply for an Indiabulls Home Loan. Whether you are a salaried professional working for a company or a self-employed entrepreneur, you can apply for the loan.
- Cibil Score: A minimum Cibil score of 650 is required for loan eligibility. Cibil score reflects an individual’s creditworthiness and past credit behavior. A higher Cibil score enhances the chances of loan approval and may also lead to more favorable terms.
- Nationality: Indiabulls Home Loans are available to Indian citizens as well as Non-Resident Indians (NRIs) holding a valid Indian passport. NRIs can apply for the loan for the purpose of purchasing residential property in India.
- Property Type: Indiabulls offers home loans for both ready-to-move-in properties and under-construction properties. Whether you are planning to buy a completed home or one that is being constructed, you can avail of a suitable home loan from Indiabulls.
Documents Required for Indiabulls Home Loan
To apply for an Indiabulls Home Loan, applicants need to submit the following documents:
- Identity Proof: Aadhar card, passport, voter ID, or driving license are commonly accepted identity proofs. These documents verify the applicant’s identity and citizenship.
- Address Proof: Utility bills (electricity, water, gas), rental agreement, or passport can serve as address proof. These documents validate the applicant’s residential address.
- Income Documents: For salaried individuals, providing salary slips, bank statements, and IT returns is necessary. For self-employed individuals, audited financials, bank statements, and IT returns are required. These documents establish the applicant’s income and repayment capacity.
- Property Documents: Agreement to sell, No Objection Certificate (NOC), property papers, and title deeds of the property being purchased or constructed are required. These documents prove ownership and legality of the property.
Before submitting the documents, ensure that they are valid, up-to-date, and complete to avoid any delays in the loan application process.
Indiabulls Home Loan Comparison with Other Banks
| Bank/ NBFC Name | Interest Rate |
| Axis Bank | 8.85% – 14.00% |
| Aditya Birla Capital Home Loan | 9% – 12.50% |
| Bandhan Bank | 8.65% – 13.65% |
| Bank of Baroda | 8.50% – 10.60% |
| Bank of India | 7.80% – 9.65% |
| Bank of Maharashtra | 8.40% – 10.80% |
| Canara Bank | 8.85%- 11.25% |
| Central Bank of India | 8.45% – 9.20% |
| Citibank | 8.45% |
| Corporation Bank | 8.60% – 11.20% |
| Dena Bank | 8.40% |
| Federal Bank | 10.15% – 10.30% |
| Fullerton Bank | 9.50% |
| HDFC Bank | 8.95% – 9.85% |
| HSBC | 8.60% |
| ICICI Bank | 9.00% – 10.05% |
| IDBI Bank | 8.75% – 11.45% |
| IDFC First Bank | 8.85% |
| Indian Overseas Bank Home Loan | 9.55% |
| Indiabulls Housing Finance | 8.75% |
| Jammu and Kashmir Bank | 8% |
| Karnataka Bank | 9.08% – 10.38% |
| Karur Vysya Bank | 9.23% – 12.13% |
| Kotak Mahindra Bank | 8.85% – 9.40% |
| LIC HFL | 8.70% |
| PNB HFL | 8.50% – 10.85% |
| Reliance Home Finance | 9.35% – 13% |
| State Bank of India | 8.25% – 9.65% |
| Sundaram Home Finance Ltd Home Loan | 6.95% – 8.30% |
| Tata Capital | 8.95% |
| Union Bank of India | 8.75% |
| YES Bank | 9.15% – 11.25% |
Indiabulls Home Loan EMI Calculator – How to Calculate Indiabulls Home Loan EMI?
To calculate your Indiabulls home loan EMI, use the following formula:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
Where:
- P = Loan amount
- R = Interest rate per month
- N = Loan tenure in months
Example:
Suppose you have taken a home loan from Indiabulls for Rs. 30 lakh at an annual interest rate of 9.30% for a tenure of 20 years.
Calculate the monthly interest rate (R):
Monthly Interest Rate = Annual Interest Rate / 12
R = 9.30% / 12 =0.00775 (approx.)
Calculate the loan tenure in months (N):
Loan Tenure in Months = Loan Tenure in Years x 12
N = 20 years x 12 = 240 months
Plug the values into the EMI formula:
EMI = [30,00,000 x 0.00775 x (1+0.00775)^240] / [(1+0.00775)^240-1]
Calculate the EMI using a calculator or spreadsheet:
EMI = [30,00,000 x 0.00775 x 3.712912] / 2.712912
EMI = 75,059.34 (approx.)
So, the Equated Monthly Installment (EMI) for your Indiabulls home loan of Rs. 30 lakh, with an annual interest rate of 9.30% and a tenure of 20 years, would be approximately Rs. 75,059.34. This amount is payable every month for the entire loan tenure until the loan is fully repaid.
Indiabulls Home Loan Interest Rates for the Last 10 years
Here is a table showing the interest rate ranges for Indiabulls home loans in the past 10 years:
| Year | Interest Rate Range (p.a.) |
| 2013 | 9.00% p.a. – 10.50% p.a. |
| 2014 | 8.75% p.a. – 10.25% p.a. |
| 2015 | 8.50% p.a. – 9.75% p.a. |
| 2016 | 8.25% p.a. – 9.50% p.a. |
| 2017 | 8.15% p.a. – 9.25% p.a. |
| 2018 | 8.10% p.a. – 9.15% p.a. |
| 2019 | 8.00% p.a. – 9.05% p.a. |
| 2020 | 7.90% p.a. – 9.00% p.a. |
| 2021 | 7.85% p.a. – 8.95% p.a. |
| 2022 | 7.80% p.a. – 8.90% p.a. |
Factors that Affect the Indiabulls Home Loan Interest Rate
The interest rate on Indiabulls Home Loans is influenced by various factors, which impact the overall cost of borrowing. These factors include:
- Credit Score: A higher credit score demonstrates good creditworthiness and reliability, resulting in lower interest rates. It is essential to maintain a healthy credit score by managing debts responsibly and paying bills on time.
- Loan Amount: Larger loan amounts pose a higher risk for the lender, leading to potentially higher interest rates. Borrowers seeking larger loans may face slightly elevated rates compared to those applying for smaller amounts.
- Loan Tenure: Longer loan tenures may result in slightly higher interest rates due to an extended repayment period. Shorter tenures typically attract lower interest rates.
- Employment Type: Salaried applicants may receive more favorable interest rates compared to self-employed individuals. Lenders often view salaried individuals as having a stable source of income.
- Market Conditions: The prevailing market interest rates can influence the cost of borrowing. In times of higher market rates, home loan interest rates may also rise, affecting borrowers’ borrowing costs.
- Negotiation Skills: Negotiating with the lender based on your creditworthiness, existing relationship with the bank, and competition from other lenders can help secure a more competitive interest rate.
Tips to Avail Indiabulls Home Loan at Lower Interest
To secure a home loan from Indiabulls at a lower interest rate, consider the following tips:
- Maintain Good Credit Score: Ensure you have a healthy credit score by paying bills and debts on time. A higher credit score enhances your chances of qualifying for a lower interest rate.
- Compare Offers: Shop around and compare loan offers from different lenders, including Indiabulls. Compare interest rates, loan terms, and processing fees to find the most favorable deal.
- Higher Down Payment: Providing a higher down payment reduces the loan amount and may lead to a lower interest rate, as it signals a lower risk for the lender.
- Negotiate with the Lender: Leverage your creditworthiness and financial stability during negotiations with the lender. Request a lower interest rate based on your strong financial profile.
- Opt for Shorter Tenure: If feasible, choose a shorter loan tenure, as it often comes with lower interest rates. However, ensure that the monthly EMI fits comfortably within your budget.
- Add Co-borrower: Adding a co-borrower with a strong credit profile can increase your eligibility and improve the chances of securing a lower interest rate.
By implementing these strategies and making informed decisions, potential borrowers can increase their likelihood of obtaining a home loan from Indiabulls at a more favorable interest rate, ultimately reducing the overall cost of the loan.
In conclusion, Indiabulls Home Loan offers competitive interest rates starting from 8.25% p.a., making homeownership dreams more accessible. Factors such as credit score, loan amount, tenure, employment type, and market conditions influence the interest rates. To avail a lower interest rate, maintaining a good credit score, comparing offers, and negotiating with the lender are essential. With these tips in mind, take the next step towards your dream home by applying for an Indiabulls Home Loan today! Click here to apply and get redirected to the main home loan page.
