Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating Rate of Interest : 9.90 % to 12.50 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 year to 15 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing  Fee 1%  depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about IDBI Bank

IDBI Bank is an Indian Government- owned Company. It is financial service Company. It is currently 10th largest bank.It is development bank in the world in terms of’s have 3700 ATMs, 1995 branches.It’s have one overseas branch at Dubai, and 1382 centers.Tha bank has an aggregate balance sheet size of INR 3.74 trillion as on 31 March 2016. IDBI Bank is normaly known as Industrial Development Bank of India.

Your Eligibility depends on following

You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate Of Interest:


Loan Type

Rate Of Interest


Loan Against Property (Floating)

9.90 % to 12.55%


Loan Against Property (Regular)



Loan Against Property (Interest Saver)


Existing Loan take over or New Loan

Here are some points which shows why you should choose IDBI Bank for Loan Against Property:

  • Business Expansion
  • Education/Marriage expenses
  • Purchase of House
  • Medical Treatment
  • Improvement/Extension of existing Property
  • Any other personal Need.

Features of Loan

Benefits and Features of IDBI  bank Loan against property:

  • Higher loan amount
  • Flexible repayment facility
  • Lower EMI
  • Longer tenure period
  • Multi-purpose loan facility
  • Loan against both residential and commercial property
  • Speedy loan approval
  • Loan can be applied online
  • Specially designed loan for self-employed individuals

Documents required for IDBI Bank  Loan against Property


Salaried Customers

Self Employed Professionals

Self Employed Non Professionals


Application form with photograph

Application form with photograph

Application form with photograph


Identity and Residence Proof

Identity and Residence Proof

Identity and Residence Proof


Latest Salary-slip for last 3 months

Education Qualification Certificates and Proof of business existence

Proof of business existence


Form 16/ITR

Last 3 years Income Tax returns

Business profile


Last 6 months bank statement

Last 3 years Profit /Loss and Balance Sheet

Last 3 years Income Tax returns


Last 3 years Profit /Loss and   Balance sheet statement.


Processing fee cheque

Last 6 months bank statements

Last 6 months bank statements


Processing fee cheque

Processing fee cheque


Property Related Documents

All Title related Documents along with approved sanction/building plan.



Note: The documents mentioned above are indicative in nature. IDBI Bank may ask for additional document if required during the processing of your loan application.