Indian Bank Home Loan Interest Rates, EMI Eligibility Calculator

Indian Bank Home Loan – Calculate EMI & Eligibility details of Indian Bank at lowest Interest Rates online. Documents List, Process, Procedure, Processing Fees, Loan amount & per month lowest emi options, Status, Application, MCLR Rates, Base Rates at

Indian Bank Home Loan can be used for many purposes like To purchase/construct house/flat, To renovate/extend/repair existing house/flat, To purchase a plot of land for construction of house etc.


  • Star Home Loan
  • Star Smart Home Loan
  • Star Diamond Home Loan

About Indian Bank : Indian Bank was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership. The Bank has over 5000 branches in India.

Indian Bank Home Loan – Instant Quotes Online

Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Indian Bank Home Loan Details

Interest Rates 8.25% – 8.55%
ELigible Borrowers Salaried/ Self-employed
Processing Fees 0.50% of the Loan Amount subject to maximum Rs.20,000/-
Maximum Loan Amount Up to Rs.500 Lacs
Eligible Quantum of Loan/ EMI
  • Salaried Employees: 72 times of gross p.a. income-based on ITR.
  • Self-employed/ Professionals etc. : 6 times of Gross p.a. income-based on ITR.
  • HUF/Proprietorship /Partnership Firm/ Company: 6 times of cash accruals as per Balance Sheet/P&L Account.
Maximum Repayment Period 30 Years
Age Up to 70 years
Pre Closure Charges NIL
Lowest EMI per 1 Lakh Rs. 751/-
Toll Free Number 1800 220 229, 1800 103 1906, 022 40919191
Bank Indian Bank
Security / Guarantor Mortgage/Equitable Mortgage (1st charge) on land/flat/house. Third-Party guarantee

Special Features :

  • Free Personal Accident Insurance cover for the borrower
  • Life Insurance covers to housing loan borrowers, at an affordable premium against the risk of death during tenure of the loan.
  • Loan furnishing the house/flat at a rate of interest as applicable to housing loan under the scheme

Example – if you take Rs. 8 lakh of the loan amount at 8.25% ROI,  the EMI will be as follows-

Loan Amount Tenure In Years Interest Rate Monthly EMI Total Amount Total Interest
8 lakh 5 8.25% ₹16,317.00 ₹9,79,020.08 ₹1,79,020.08
8 lakh 10 8.25% ₹9,812.21 ₹11,77,465.20 ₹3,77,465.20
8 lakh 15 8.25% ₹7,761.12 ₹13,97,002.12 ₹5,97,002.12
8 lakh 20 8.25% ₹6,816.53 ₹16,35,966.05 ₹8,35,966.05
8 lakh 25 8.25% ₹6,307.60 ₹18,92,280.32 ₹10,92,280.32
8 lakh 30 8.25% ₹6,010.13 ₹21,63,647.82 ₹13,63,647.82

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