Rate Your Bank
 
Product Type :

Bank that you want to rate :

Product :

Pricing
Product Features
Customer Service
Convenience
Title


Review
Name


Email*


City


Verification Code
* Email:Required, will not be displayed.
Kindly fill in your details
and get a Home Loan sanctioned in 7 days*
* Customer name:
 
* Email:
* Gender:
Male    Female
* DOB:
    
* City:
* Residence Address:
* Mobile No:
* Occupation:
* Total Exp. (In years):
* Net Income (Rs.):
* Loan Amount (Rs.):
* Company Name:
I accept, understand & agree to always abide with the Important Terms & Conditions and the Privacy Policy of this website.I also agree to allow Rupeetalk to utilise any or all information I have entered, or will enter in the future on this website,in any such manner as Rupeetalk may deem fit.

Please give us your contact details, our advisor will get in touch with you

  • Customer name:
  •  *
  • Mobile:
  •  *
  • Email:
  •  *
  • City:
  •  *
  • Your Post:
  •  *
  • Please type the verification code:
  •  *

 

Indiabulls home loan

Indiabulls home loan

 

  • Expert Rating
  • ratingratingratingratingrating
  • Avg. user Rating
  • ratingratingratingratingrating

 

  • Pricing
  • Product Feature
  • Customer service
  • Convenience

 

Member's Recomendation

25   9

18 review(s)
Expert Review | Write a Review

  • Interest Rate
  • 10.50%
  • Pre payment charges
  • 2%
  • Balance Transfer Charges
    (incase of refinance)
  • 2%
     
  • Part-payment Charges
  • 2%
  • Switching Charges
    (Fixed to Floating or vice-a-versa)
  • 1%
     
  • Loan to Value ratio
  • 85%
  • Speed of Sanction
  • 7 working days
  • Ease of documentation
  • Pre- Approved projects only. Less Documentation
  • Customer Service
  • Good
  • Franking Charges
  • 0.2%

Features and Benefits of Indiabulls home loan

 

Features

  •   Loan available for purchase of house/residential plot or construction
  •   Repayment period is around 20 years but maximum is restricted up to the retirement age
  •   Loan available is up to 80% of the cost of property which can vary with income & expenses, age, repayment capacity etc.

Charges:

  •  Cheque bounce charges: Rs 750+service tax
  •   Loan processing charges:1% of the loan amount, Minimum of Rs 5500/-
  •   Late Payment charges: 3% of EMI outstanding
  •   Reschedulment charges: 2% of the outstanding amount 
  •   Document Retrieval charges: Rs 1000
  •   PDC/ECS swap charges: Rs 750 + service tax
  •   Foreclosure charges: Nil when paid from own sources
  •   Statement of account charges: Rs 500+service tax

 Documentation

Salaried

  • Application form: duly signed
  • Processing fee cheque
  • KYC documents include age proof, address proof, signature proof, identity proof
  • Income documents: salary slips, Form 16 & bank statement
  • Property documents

Self-Employed

  • Application form: duly signed
  • Processing fee cheque
  • KYC documents include age proof, address proof, signature proof, identity proof
  • Income documents: ITRs with financial statements ,Bank statement
  • Property documents

 

 

Documents Required for Indiabulls home loan

Salaried Individual
  • Application form with recent photograph
  • Salary slip of last 3 months
  • Latest Form 16
  • Bank statement for last 6 months
  • Processing fee check
  • Proof of identity (any one): Passport Driving licence/photo credit card/Employee licence/Voter's ID/PAN card
  • Proof of Residence (any one): Driving licence/Any utility bill/Govt. or authority bill
  • Proof of age (any one) : Passport/Voter's ID/PAN card/' Birth certificate/life insurance policy or premium receipt Signature verification proof
  • Repayment track record of existing loans/Loan closure letter
Self Employed
  • Application form with recent photograph
  • Bank statement for last 6 months
  • Processing fee check
  • Proof of age (any one) : Passport/Voter's ID/PAN card/'Birth certificate/life insurance policy or premium receipt
  • Proof of identity (any one): Passport Driving licence/photo credit card/Employee licence/Voter's ID/PAN card
  • Proof of Residence (any one): Driving licence/Any utility bill/Govt. or authority bill
  • P&L and balance Sheet for last 2 years certified/audited by CA
  • Qualification proof of the highest professional degree
  • Proof of existence
  • Income Tax return/Computation of total income/Auditor's Report Balance sheet/Profit and loss account for last 2 years certified by CA
  • Repayment track record of existing loans/Loan closure letter
  • Proof of office address
  • Board Resolution in case of company

Expert Review of Indiabulls home loan

Loading

User Reviews

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Beware of Indiabulls Home Loan

By: badrinath jha, India | 15 July 2010

I have applied for a home loan in Indiabulls Home Loan through its staff Mr. Wasim (Mob: 9716868270 although he submitted my application form and left Indiabulls). Later on Mr. Manvir (Mob: 99587413...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

partpayment charges of indiabulls

By: ravi, India | 15 July 2010

hello frnds the part payment charges of indiabulls is very high although it provide home loans in very simple way with ease of interest rate...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

initial rate of interest is good

By: yogesh, India | 15 July 2010

hi frnds i am from gurgaon i notice that the initial rate of interest of india home loans is very low as compare to other nbfc's...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

average intrest is good

By: ajay, India | 15 July 2010

i compare all the floating intrest rate of verious nbfc's company i notice that the average rate of intrest of indiabulls is less...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

prepayment charges are high

By: Naveen, India | 15 July 2010

indiabulls provide home loans with ease and less intrest however the prepaymesnt charges of thi s nbfc is high ...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

simplicity and ease of home loan is here

By: Ravi, India | 15 July 2010

hi frnds i m ravi. I told u about the companies providing home loans. i walk all nbfc's but the indiabulls home loan is very simple to apply and you got your loan with in 7 days and the intrest of in...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Beware of Indiabulls Home Loan

By: badrinath jha, India | 13 July 2010

I have applied for a home loan in Indiabulls Home Loan. It has approved my home loan and encashed my cheque worth Rs.5510.00 which was meant for processing fee. When I visited its Lajpat Nagar - II of...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

tower to home loan

By: ajay, India | 13 July 2010

le kar dekh lo...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

home loan

By: sumit, India | 13 July 2010

we can get home loan at lower intrest rate of 8%...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

home loan

By: sourav, India | 13 July 2010

easy to get home loan...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

poor customer service

By: amit kumar behera, India | 07 July 2010

customercare too poor especially in ncr they say one thing and do the other.dont stick to commitments.ultimately end user is harassed.i would never recommend this. website is very poor.relationship ma...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

indiabulls prepayment charges are high

By: ashok, Mumbai | 26 May 2010

Although indiabulls home loan interest rates are low but their prepayment charges are high. If in case i wish to prepay the loan the charges i need to bear would be high. If indiabulls can reduce thei...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Also their loan processing charges are nominal

By: tina, Mumbai | 16 October 2009

Indiabulls offers home loans at very good interest rates. Initially i was planning to take home loan from other bank but Indiabulls interest rates are low. Also their loan processing charges are nomin...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Mr

By: Sunil, India | 13 September 2010

Home Loan...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

pathetic

By: sanjeeb dash, India | 03 October 2010

sweet talks and mere cheats that sums up the customer service and the agents employed over there.stay away if you dont want to be looted by legal robbers....[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Inidabulls are no.1 Home loan cheats

By: BB, India | 09 January 2011

if indiabulls approach you for home loans - just hit them and throw them out like shit - one of the top fraud companies - i wud suggest that they always dig shit and not enter home loans as due to the...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Planning to take Home Loans from India Bulls

By: Danny, India | 02 February 2011

Any suggestions?...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Home Loan

By: U.S.Sahai, India | 07 May 2011

Pl arrange to send the details....[Read]

[Comment on this review] [Write a review]

  Write a Comment

Name
Comments
Verification Code

Ask the Expert

Having difficulties with your existing credit card? have so many problems but no one to answer them?
Our experts will give you unbiased advise free from any sales intent.

Ask our experts and get your problem solved:

Call us on 1800 180 7575
(Mon-Sat 10AM to 5.30PM)
SMS 'rupee' to 56070

or submit your details here

Select by benefits

  • Loan Type
  • Loan Amount
  •  
    Rs. 
  • Tenure
  •  
     years
 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: