Indiabulls Home Loan Eligibility

Indiabulls's home loan eligibility depends on the age of the applicant and salary or income. The home loan eligibility calculator given below shows you the loan amount based on the monthly income for a repayment tenure of 30 years with an interest rate of 8.99% p.a.

Monthly Income	Loan Amount
Rs. 25,000	Rs.12,43,931
Rs. 30,000	Rs.16,79,307
Rs. 35,000	Rs.19,59,191
Rs. 45,000	Rs.25,18,960
Rs. 50,000	Rs.27,98,844
Rs. 55,000	Rs.34,20,810
Rs. 60,000	Rs.37,31,793
Rs. 65,000	Rs.40,42,775
Rs. 70,000	Rs.43,53,758
Rs. 75,000	Rs.46,64,741

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Indiabulls Home loan Eligibility Based on Age

Indiabulls home loan repayment tenure goes up to 30 years. When you take a loan at a younger age, you get a longer repayment tenure to pay off the loan and vice versa. Here is the maximum eligible tenure for different ages:

Applicant's Age	Maximum Eligible Tenure
21 years to 30 years	30 years
31 years	29 years
32 years	28 years
33 years	27 years
34 years	26 years
35 years	25 years
36 years	24 years
37 years	23 years
38 years	22 years
39 years	21 years
40 years	20 years
41 years	19 years
42 years	18 years
43 years	17 years
44 years	16 years
45 years	15 years

Note: The eligibility criteria for women are the same as for other applicants.

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Indiabulls Home loan Eligibility for Co-Applicant

An applicant's spouse or any immediate family members are eligible to be a co-applicant for Indiabulls' home loans. The co-owner is also mandated to be a co-applicant for the home loan.

Factors Affecting Indiabulls Home Loan Eligibility

Indiabulls home loan eligibility is determined by the factors given below:

1. Applicant's age
2. Applicant's salary or income source
3. Indian citizenship status
4. Repayment capacity

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A good credit score can help you secure lower interest rates on loans and credit cards.

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FAQs on Indiabulls Home Loan Eligibility

• What information is required to use a home loan eligibility calculator?

  You can check how much home loan you are eligible for by using the free home loan eligibility calculator by entering the required information such as your net monthly income, preferred home loan repayment tenure, and the current interest rate.

• Will I be eligible for an Indiabulls home loan if I have not yet finalised the property?

  Yes, you can apply for an Indiabulls home loan even before you finalise a property.

• How does Indiabulls decide my home loan eligibility?

  Indiabulls decides your home loan eligibility based on your age, income or salary, as well as your repayment capacity.

• How can I increase my chances of being eligible for Indiabulls's home loan?

  You can increase your eligibility for a Indiabulls home loan by adding a co-applicant. The co- applicant will help your chances of getting a higher loan amount if they have a regular source of income or a stable salary.

• Are NRIs eligible for Indiabulls home loans?

  Yes, Non-Resident Indians (NRIs) are eligible for Indiabulls home loans. The loan tenure for NRIs is 15 years.