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Topic Review (Newest First)
29th March 2013 11:18 AM
Arvind Kumar
Re: Indian Overseas Bank Home Loan Rates

As you asked that you want to take a home loan from Indian overseas bank.

So here are the interest rates
For Rs 30 lakhs –
Up to 5 years rate is 11%
Up to 5-10 years rate is 11.25%
Up to 10-20 years rate is 11.50%

Documents required:-
An application form
Salary certificate as a proof of income (for employed individuals)
Proof of income
Agreement for sale of house/flat
Proof of membership
Proof for experience in the line of activity
Estimates for Construction/Valuation Report for Acquisition/Legal opinion on the Property from Bank approved Engineer/Lawyer

Eligibility:-
Age should be above 23 years and must no exceed 58 years.Must earn an income of at least 1.25 lakh rupees per annum should be an Indian
If you want more information than go to nearest Indian overseas bank branch or visit the official website of bank
26th March 2013 11:40 AM
Friznna
Indian Overseas Bank Home Loan Rates

I want to take a home loan from the Indian overseas bank, but I don’t know the interest rates and the documents required please provide me these details

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