Hey there. I took a home loan through the same bank in March and can tell you the Indian Bank home loan processing fee. The home loans provided by the bank are several, so I will list down the processing fee for most of them.
What are the Indian Bank Housing Loan Processing Fees?
Here are the processing fees charged by the Indian Bank for different home loan types. I’d like to add a note here. The processing charges I have shared below are exclusive of GST. So, GST at 18% will be added to the below charges by the bank.
The processing fee is nil for the following types of home loan by IB:
IB Home Loan to Residents
Home Loan to NRI
IB Plot Loan to NRI
IBHL-CRE
IB Home Improve
IB Home Loan Plus
IB Home Enrich
Plot Loan to Residents
Repair and Renovation
For home loan to corporate entity, the processing charges are as follows:
0.25% of the loan amount
Minimum: Rs. 25,000
Maximum: Rs. 5.00 lakhs
Let me also share some additional information by sharing the interest rate at which you can get a home loan at IB.
Home Loan Interest Rates at Indian Bank 2024
Here are the interest rates for the home loan.
Home Loan Type Name |
Interest Rate Range |
IB Home Loan |
8.40% to 9.80% |
IB Home Loan (NRI) |
8.40% to 9.80% |
IB Home Loan – Takeover |
8.40% to 9.80% |
IB Home Loan (CRE) |
8.90% to 10.30% |
Home Loan to Corporate Entity |
8.85% |
I’d like to end my answer here. I hope this information will be useful to you.
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Authors Of The Question
What is Indian Bank Home Loan Processing Fee?
fathima
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1 Answers
6 months
2024-06-30T23:34:29+00:00 2024-08-06T15:09:53+00:00Comment
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