| Particulars | Details |
| Indian Bank Home Loan Interest Rate | Floating: 7.40%-9.40% p.a.
Fixed: 9.45%-9.65% p.a. |
| Loan Tenure | Up to 30 years |
| Loan Amount | Up to 90% of the property value |
| Processing Charges | NIL |
Rates as of 1 January 2026
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Indian Bank offers home loans @ 7.40% p.a. onwards for tenures of up to 30 years and loan amounts of up to 90% of the property’s value. The bank also offers overdraft facility through its ‘IB Home Advantage’ scheme and balance transfer facility to its home loan applicants.
Competitive Interest Rates
Starting 7.40% p.a.
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Offers from 25+ Banks & HFCs
Dedicated Customer Support
Expert Assistance at Every Step
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required

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Competitive Interest Rates
Starting 7.40% p.a.
Handpicked Home Loan Offers
Offers from 25+ Banks & HFCs
Dedicated Customer Support
Expert Assistance at Every Step
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required

Compare & Choose the Best Offer
Curated Offers from Multiple Lenders
Highest Loan Approval Chances
Easy & Transparent Borrowing Process
Get up to ₹5 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
| Particulars | Details |
| Indian Bank Home Loan Interest Rate | Floating: 7.40%-9.40% p.a.
Fixed: 9.45%-9.65% p.a. |
| Loan Tenure | Up to 30 years |
| Loan Amount | Up to 90% of the property value |
| Processing Charges | NIL |
Rates as of 1 January 2026
Stated below are the floating and fixed interest rates offered by Indian Bank for different home loan schemes:
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Loan | 7.40% to 8.80% |
| IB Home Loan to NRI | 7.90% to 9.30% |
| Home Loan for LIG, EWS & MIG Individuals of Urban Areas | 8.00% to 9.40% |
| Products | Interest Rates (p.a.) |
|---|---|
| Plot Loan | 8.40% to 9.80% |
| Plot Loan to NRI | 8.40% to 9.80% |
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Improve | 8.40% to 9.80% |
| IB Home Enrich | 8.90% to 8.95% |
| IB Home Loan Plus | 7.90%-9.00% |
Also Read: Indian Bank Loan Against Property
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Loan | 9.45% to 9.65% |
| Products | Interest Rates (p.a.) |
|---|---|
| Indian Bank Plot Loan | 10.45% to 10.65% |
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Improve | 9.95% to 10.15% |
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Enrich | 9.65% to 10.15% |
| Products | Interest Rates (p.a.) |
|---|---|
| IB Home Loan Plus | 9.95% to 10.40% |
Swipe to see more table data
Individuals can apply Home Loans either through the official website of the Indian Bank or through the Indian Bank app, IndSMART. You can also visit the Indian Bank branch to apply for Indian Bank Home Loan. Applicants should also visit online financial marketplaces to compare the interest rates and other features offered by various lenders and apply accordingly.
| Loan Product | Processing Charges |
|---|---|
| Indian Bank Home Loan to Residents/NRI Home Loan/IB Home Advantage/NRI Plot Loan | NIL |
| Indian Bank Home Improve/IB Home Loan Plus/IB Home Enrich/Resident Plot Loan/Repair and Renovation | NIL |
Also Read: Processing Fee for Home Loans
Indian Bank has not mentioned the documents required for a home loan. However, applicants may consider the following documents while applying for Indian Bank Home Loan.
Below-mentioned are the eligibility criteria for an Indian Bank Home Loan:
Indian Bank may also check credit score and monthly income of its applicants, just like other lenders do while evaluating their home loan eligibility criteria.
Below-mentioned is the customer care number for the Indian Bank Home Loan:-
Purpose: Indian Bank offers regular home loans to finance the purchase/construction of a new house/flat, plot purchase and home construction thereon, purchase of flat under construction, purchase of flat/house being resold and repair/renovation/extension of existing house. Existing home loan borrowers of other banks and HFCs can also avail this scheme to transfer their existing home loans to Indian Bank at low interest rates.
Loan Amount: The loan amount is considered based on the Net Take Home Pay criteria.
LTV Ratio:
| Loan Amount | LTV Ratio |
|---|---|
| Up to Rs 30 lakh | 90% |
| Rs 30 lakh-Rs 75 lakh | 80% |
| Above Rs 75 lakh | 75% |
| For Repair/Renovation | 70% |
Tenure:
Purpose: IB Home Advantage Home Loan is an overdraft facility wherein the existing home loan borrowers can deposit surplus amounts in the linked overdraft account and withdraw money as per their requirements within the pre-determined limit.
Loan Amount: If the borrower is less than 45 years old:
If the age of the borrower is 45 years and above:
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | Up to 90% |
| Loan amount Rs 30 lakh-Rs 75 lakh | Up to 80% |
| Loan amount above Rs 75 lakh | Up to 75% |
| Repair/Renovation | Up to 70% |
Tenure: Up to 30 years or 70 years of age
Purpose: NRIs and Persons of Indian Origin can avail NRI Home Loans from Indian Bank to raise funds for the purchase/construction of flats/houses and repair/renovation/alteration of existing houses.
Loan Amount:
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | Up to 90% |
| Loan amount Rs 30 lakh-Rs 75 lakh | Up to 80% |
| Loan amount above Rs 75 lakh | Up to 75% |
| Repair/Renovation | Up to 70% |
Tenure: Up to 20 years
Purpose: Indian Bank offers NRI Plot Loans to NRI applicants for the purchase of house sites located in layouts approved by Government authorities. NRI applicants cannot avail this scheme to purchase house sites in rural areas.
Loan Amount: 36 times Gross monthly income subject to availability of 40% Net Take Home Pay after deducting EMIs (including that of the proposed plot loan) Cap on plot loan:
LTV Ratio: Up to 75% on the cost of the plot
Tenure: Up to 15 years
Purpose: Indian Bank offers Home Improvement Loans to finance the purchase of household furniture, kitchen racks, TV sets, cupboards, fridges, computers, wallpapers, interior decorations, lighting, air conditioners, kitchen chimneys, etc.
Loan Amount: 36 times of gross monthly income (Up to Rs 3 crore)
LTV Ratio: Up to 85% of the cost of articles purchased
Tenure: Up to 10 years
Purpose: Consumers can avail IB Home Enrich Home Loans for carrying out repair/renovation of existing houses/flats.
Loan Amount: Rs 1 lakh-Rs 10 lakh
LTV Ratio: Up to 70%
Tenure: Up to 10 years or 70 years of age
Get up to ₹5 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
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