IDBI Home Loan
IDBI is the combination of public & private sector bank in India. Customers get a wide range of finance and loan programs. It offers the complete solution of home purchase and allows the prepayment facility on minimum charges. It has loan program to renovate your old property, top up loan facility & a complete program for balance transfer scheme. In these schemes, the bank allows to buy out third party existing loan and provide the top up loan on the same property as per the valuation. The bank has a dedicated board members team for approval of higher amount and the expertise team of banks plays the important role in the final approval of all applications. This is the key of the lowest NPA in these banks and become the most profitable banks of India. The amount of finance can go up to 15 Cr as an exceptional case in urban cities.
Special Balance Loan Transfer Scheme :
It is not only the hard money saver scheme but also the choice of your intelligence. You understand the value of your hard earn money. If you got any bad experience with your existing financiers or your interest rates is much higher than your existing rates then we are here to help you to get your interest rates cuts by choosing the best rates given from our portal. We collect all the information related to the IDBI Home loans. There are no fees to be charged from customers for transferring your existing housing loan from your current home loan providers, we buyout your account on the basis of the list of documents provided by the current financiers. To enable the BT program, customers just need to provide the current outstanding letter from the current financier along with the complete list of mortgaged original documents on the letter head of the current financiers. Bank checks the type of the mortgage with existing providers and check as they have done the mortgage with the bank as equitable mortgage or it has done as registered mortgage with the concern sub registrar’s office. If it is done as registered mortgage as customer has to do a release deed with the existing housing loan providers at the time of disbursal of the housing finance. If the same had done as equitable then there is no issue for the bank.