65 Lakh Indian Bank Home Loan

₹65 Lakh Home Loan Indian Bank – Highlights

Here are Indian Bank’s home loan interest rates for ₹65 Lakhs, along with highlights:

Key Highlights	Details
Loan Amount	₹65 Lakhs
Interest Rate	8.40% to 9.80% per annum
Repayment Period	Up to 30 years
Eligibility	Salaried, Self-employed, Pensioners

₹65 Lakh Home Loan EMI for 5 Years Indian Bank 

Indian Bank’s housing loan EMI for ₹65 Lakhs is mentioned below in detail:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹65 Lakhs	8.40% p.a.	5 years	₹1,33,044	₹14,82,664	₹79,82,664

₹65 Lakh Home Loan EMI for 10 Years Indian Bank 

Here are the ₹65 Lakhs home loan EMI for 10 years from the Indian Bank:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹65 Lakhs	8.40% p.a.	10 years	₹80,243	₹31,29,217	₹96,29,217

₹65 Lakh Home Loan EMI for 15 Years Indian Bank

For an amount of ₹65 Lakhs, the EMI for 15 years is as follows:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹65 Lakhs	8.40% p.a.	15 years	₹63,628	₹49,52,974	₹1,14,52,974

₹65 Lakh Home Loan EMI for 20 Years Indian Bank

₹65 Lakh home loan EMI for 20 years from the Indian Bank is as follows:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹65 Lakhs	8.40% p.a.	20 years	₹55,998	₹69,39,470	₹1,34,39,470

₹65 Lakh Home Loan EMI for 25 Years Indian Bank 

Indian Bank’s home loan of ₹65 Lakhs EMI for 25 years is as follows:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total Amount Payment
₹65 Lakhs	8.40% p.a.	25 years	₹51,902	₹90,70,738	₹1,55,70,738

₹65 Lakh Indian Bank Home Loan – Fees and Charges 

Here are the fees and charges for a ₹65 Lakh Indian Bank Home Loan:

• Processing Fee: Nil. Indian Bank does not charge a processing fee for this home loan.

• Margin Requirement:

20% of the property value for loans between ₹30 Lakhs and ₹75 Lakhs.

The borrower is required to contribute this percentage towards the property’s cost.

Property Insurance:

Mandatory to insure the property financed by the loan.

Insurance costs are to be covered by the borrower.

• Security: The loan will be secured by a mortgage on the property being financed.
• Prepayment Charges: No prepayment charges for floating rate loans, allowing early repayment without penalties.

₹65 Lakh Indian Bank Home Loan – Documents Required

These are the documents required for ₹65 Lakhs Indian Bank Home Loan:

Document Type	Required for	Examples/Details
Identity Proof	Verification of identity	Aadhaar Card, Passport, Voter ID, Driving Licence
Address Proof	Verification of address	Utility Bill, Aadhaar Card, Passport, Voter ID
Income Proof	Financial assessment	Salaried: 3 months’ salary slips, Form 16, 6 months’ bank statements Self-Employed: ITR for 3 years, 6 months’ bank statements, business proof
Property Documents	Verification of property	Sale Deed, Allotment Letter, NOC from builder/society
Employment Proof	Employment verification	Employment Certificate, Appointment Letter
Age Proof	Verification of age	Birth Certificate, Aadhaar Card, Passport
Photographs	Identification	Recent passport-size photographs

₹65 Lakh Indian Bank Home Loan – Eligibility Criteria

The eligibility criteria for ₹65 Lakh Indian Bank Home Loan is as follows:

Age Requirements:

Minimum:	18 years
Maximum:	As per bank policy at the time of loan maturity

• Applicant Categories:

Salaried Individuals	Employed with Central/State Government, Public Sector Undertakings, or reputed private companies Minimum work experience: 2 years
Self-Employed/Businessmen	Minimum business or professional experience: 3 years
Pensioners	Must have a sufficient pension income to service the loan

• Income Criteria:

For Gross Annual Income up to ₹15 Lakhs:	Net Take Home Pay (NTHP) should be at least 40% of the gross annual income
For Gross Annual Income above ₹15 Lakhs:	Minimum NTHP should be ₹50,000 per month

• Property Requirements: The property should be a residential house or flat intended for purchase, construction, or renovation.

• Employment Status:

Salaried:	Must have stable employment with consistent income.
Self-Employed:	Should demonstrate a steady business income and financial stability.