Apply for Indiabulls Bank Loan Balance Transfer Back

Tenure Range

1 to 30 Years

Processing Fee

Up to 0.5%

Interest Rate Range

8.40% to 10.05%

Rs.

Indiabulls Bank Home Loan Balance Transfer Rate 2018

Indiabulls Bank Home Loan Balance Transfer Rate 2018
Interest Rate8.40% to 10.05%
Processing ChargesUp to 0.5%
Loan Tenure1 to 30 Years
Loan Amount5 Lakhs to 10 Crore
Cheque Bounce ChargesRs 250/
Cheque / Instrument Swap ChargesNIL
Prepayment or Foreclosure ChargesNIL

Documents for Indiabulls Bank Loan Balance Transfer

Following documents are required for loan approval -

Know your customer (KYC) formalities:

  • Identity Proof - Passport / PAN card / Voter's Identity Card / Driving License / Identity Card with applicant's photograph issued by Government, Aadhar Card.
  • Address Proof - Passport / PAN card / Voter's Identity Card / Driving License / Latest Utility Bill (electricity, telephone, postpaid mobile phone, piped gas and water bill) / Property Tax Receipt / Bank or Post Office Savings Bank Account Statement / Letter of Allotment of Accommodation issued OR Leave and License agreements issued by Government to the employee
  • Signature Proof - Driving License / Passport / PAN Card / Bankers' Verification / Registered Sale Deed / Government Employee ID Card
Documentation Required for Home Loan Transfer
Fully completed Application form.
The applicant’s self-attested photographs
Identity proof (could be any government issued ID- PAN Card, Voter’s ID etc).
Residential address proof.
Proof of Age (10th or 12th Marks Cards, PAN Card, Voter’s ID etc).
Official Address (Applies for self-employed, can be rent agreement, utility bills, lease etc).
Income Proof in terms of prior 6 months bank account statements that shows salary credit, last 6 months salary slips and Form-16 accounting for the last 3 years
For Self-Employed individuals, the income proof is established by-
- Last 3 years ITR (self and business),
- Last 12 months bank account statement (self and business),
- Profit and Loss Account,
- Balance Sheets that are thoroughly audited by a certified CA,
- Complete Business Profile and Proof of Business Existence.
Bank statements amounting to last 12 months of the account from wherein the home loan EMIs were deducted.
A complete list of documents relating to the property, that is currently in possession of the present home loan lender. Also, the Loan statement copy.