IndiaBulls group is an NBFC which provides home loans among other facilities to its customers. It provides home loan to both salaried and self-employed people with good income and good credit history. The borrowing of loan amount is totally dependent on the borrowing capacity of the loan seeker. It provides a loan upto 90% of the total value of the property you want to buy with the loan amount.
It provides home loan to purchase of house, residential plot & construction on the exisiting plot. The loan is provided for a repayment tenure of upto 20 years. The loan is also provided with the insurance option of the property so that in case that you are unable to repay their loan because of a tragedy or accident the loan will be paid by the insurance company. Interest rate on the loan are floating type and is 10.50% upto a loan amount of Rs. 25 lakhs and above this amount interest rate will be 11%.