Home Loan in Indore-Banner_WC



Home Loan in Indore: Overview

Indore is an industrial hub of Madhya Pradesh and is also known as one of the cleanest cities in the country. It was selected as one of the first 100 cities for the Smart City Mission. It is considered as the financial capital of Madhya Pradesh and is home to some of the prestigious institutions, such as IIT-Indore and IIM-Indore. Indore, being a centre of education and commerce, is witnessing significant growth and increasing demand in the city's real estate market.

To help you with your homebuying journey in this city, we offer  Home Loans at an attractive interest rate with a longer repayment tenor of up to 40 years, basis eligibility.


Home Loan in Indore: Features and Benefits

Simple Documentation and Quick Processing

Get your Home Loan approved with basic KYC, income, financial, and property-related documents. Benefit from quick processing with our minimal documentation.

Refinance Your Existing Loan

You can transfer your existing Home Loan to us and benefit from our cost-effective terms. While doing so, you can also get a Top-up Loan at a competitive rate of interest.

24x7 Digital Access

Get documents and details regarding your Home Loan, such as your interest certificate and loan statement, anytime, anywhere, through our customer portal.

Simple Eligibility Criteria

Obtain a Home Loan with us quickly, courtesy of easy Home Loan eligibility terms. Our eligibility parameters, such as income and work experience, among others, are easy to meet.

No Prepayments Charges

We do not charge any penalty on the part-prepayment or foreclosure of a floating interest rate Home Loan for an individual borrower.

Flexible Tenor

With a tenor that goes up to 40 years, you can keep your EMIs low and align them with your income and obligations.


Home Loan in Indore: Documents Required

Availing of a Home Loan with us is easy, given that you only need to provide basic documents*** such as:

  • KYC documents (including ID and address proof)
  • Mandatory documents (PAN Card or Form 60)
  • Financials (Form 16, P&L statement, etc.)
  • Bank account statements of the last 6 months
  • Last 3 months’ salary slips (for salaried applicants only)
  • Proof of business (for self-employed applicants only)
  • Property papers such as Sale Agreement, Allotment Letter, and receipt of payments made to the agent or developer.

***This list of documents is indicative and you may be required to submit others during your application, if needed.


Home Loan in Indore: Eligibility Criteria

The eligibility criteria for a Home Loan are easy to meet. You need to fulfil the following criteria to avail of a sizeable sanction on better terms:

Eligibility Criteria For Salaried For Self-Employed
Nationality Indian (including NRIs) Indian (residents only)
Age 23 to 75 years** 25 to 70 years**
Work experience/business continuity 3 years or more 5 years or more
Income Employed with a stable source of income Showcase stable revenue from your profession or business (existing)

**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.


Home Loan in Indore: How to Apply

If you wish to avail of a Home Loan with us, enter all the requested details in the Home Loan application form. Once the form is filled and submitted, our representative will contact you to proceed with your Home Loan application.

If you submit all the details correctly and meet our verification parameters, you can expect a speedy approval, followed by disbursal.

*Terms and conditions apply.

Home Loan in Indore_Related Article_wc


People Also Consider





PAM-ETB Web Content

Pre-Qualified Offer

Full Name*

Phone Number*


Check Now


P1 CommonOHLExternalLink_WC

Apply Online For Home Loan
Online Home Loan

Instant Home Loan approval at just

Rs. 1,999 + GST*

Rs.5,999 + GST
*Non Refundable


Pre-Approved Offer