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Re: Indian bank home loan details
Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. It has 20,661 employees, 2594 branches and is one of the top performing public sector banks in India. the Details of the Home Loan of the Indian bank is given below Applicants can apply for home loans for the following: Purchase or construction of a new house or flat Purchase of a plot as well as the construction of a house on the same plot Purchase of an already existing residential property Extension of an already existing residential property Repairs or renovations on an already existing residential property To pay out home loans availed from other banks or financial institutions To cover costs that have been incurred over a duration of six months during the purchase or construction of a new house or flat The amount of home loan that a customer can apply for can be the higher of the following two up to a maximum of Rs 10 crore: 36 times his or her Gross Monthly Income 60 times his or her Net Monthly Income Home Loan Amount Rate of Interest Upto Rs 75 Lakhs 9.55% More Than Rs 75 Lakhs 9.75% Eligibility Criteria : The minimum age of entry of the applicant is 18 years The maximum age of entry of the applicant is 60 years Salaried applicants are required to have a minimum work experience of three years Applicants who are professionals, businessmen or self-employed individuals are also required to have a minimum work experience of three years Applicants who are pensioners can also apply providing they have the ability make repayments towards the loan For more Details you may Visit the nearest branch of the Indian bank the Contact Details Are given below Contact Details : Indian bank Customer service: 1800 4250 0000 |
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