"Industrial development Bank of India" shortly known as Idbi is one of the bank that offers Home Loans as one of the financial products. Idbi home finance interest rates are relatively cheap when compared to other social sector banks and secret sector banks.
Recently the social sector banks reduced the loan rates by 100 basis points for the new borrowers. Based on that Idbi bank also reduced the floating rates for home loans upto Rs 30 lakhs by 100 basis points. You can get the most recent rates from related websites or by visiting the bank. This would help the loan borrowers to Save A Lot Of Money. For loan amounts more than Rs 30 lakhs, the bank reduced the rates by 50 basis points. It also reduced the margin money rates for loans less than Rs 30 Lakhs.
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Benefits of Idbi Home Loans: