Personal, home, vehicle & other loans

IB Home Loan Plus

Top-up finance for eligible existing Indian Bank home-loan borrowers, secured by the mortgaged property and linked to its realisable sale value.

Interest rate7.65% to 8.75% p.a. floating for IB Home Loan Plus in Indian Bank's rate table dated 14 August 2026; the applicable rate varies by borrower and lending slab.Maximum amount₹10 crore maximum published loan amount for IB Home Loan Plus.Repayment tenureTerm loan maximum 15 years. Step-down overdraft is liquidated over a maximum of 15 years through equal monthly deductions.

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✓ Manually checked 31 Aug 2026 · active

Offered byIndian Bank

India; existing Indian Bank home-loan accounts and property security required

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

EligibilityExisting resident or NRI Indian Bank home-loan borrowers, including HL-CRE, IB Home Advantage and repair/renovation borrowers, with at least 12 regular EMIs, no SMA-2 in the last year or NPA history, possession of the property and a valid mortgage. Minimum CIBIL score is 700 (equivalent CIC score may be considered).View source

The official target-group conditions require the existing-account, repayment, asset and credit-profile tests.

Source: IB Home Loan Plus — Indian Bank
Page / section: Target Group; condition
Accessed: 31 Aug 2026
Confidence: high

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PurposeAny bona fide purpose other than speculative activity.View source

The official purpose row permits bona fide purposes and excludes speculative use.

Source: IB Home Loan Plus — Indian Bank
Page / section: Purpose
Accessed: 31 Aug 2026
Confidence: high

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Interest rate7.65% to 8.75% p.a. floating for IB Home Loan Plus in Indian Bank's rate table dated 14 August 2026; the applicable rate varies by borrower and lending slab.View source

The current floating-rate table lists IB Home Loan Plus at 7.65% to 8.75% p.a.

Source: Interest Rates on Personal Segment Loan Products: Floating — Indian Bank
Page / section: Home Loan Plus — IB Home Loan Plus
Accessed: 31 Aug 2026
Confidence: high

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BenchmarkThe official rate table classifies this as a floating rate but does not name a benchmark (such as RBLR or MCLR) for the product row.View source

The current official row publishes the floating percentage range without identifying a named benchmark.

Source: Interest Rates on Personal Segment Loan Products: Floating — Indian Bank
Page / section: Home Loan Plus — IB Home Loan Plus
Accessed: 31 Aug 2026
Confidence: high

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APRNo separate APR percentage or APR calculation is published in the current Home Loan Plus page or the linked Indian Bank floating-rate table.View source

The bank publishes an interest-rate range and no separate figure or calculation is shown.

Source: Indian Bank Home Loan Plus rate and product review
Page / section: Home Loan Plus rate row; Loan Criteria table
Accessed: 31 Aug 2026
Confidence: high

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Loan amountMinimum ₹1 lakh and maximum ₹10 crore. The first top-up is calculated at 75% of realisable sale value less home-loan outstanding; subsequent top-ups deduct previous IB Home Loan Plus outstanding as well.View source

The published quantum row gives the ₹1 lakh–₹10 crore range and the 75% RSV calculation.

Source: IB Home Loan Plus — Indian Bank
Page / section: Quantum of Loan
Accessed: 31 Aug 2026
Confidence: high

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Maximum amount₹10 crore maximum published loan amount for IB Home Loan Plus.View source

The official quantum row states maximum amount Rs.10.00 Crore.

Source: IB Home Loan Plus — Indian Bank
Page / section: Quantum of Loan
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Net take-home income testIf gross annual income is up to ₹15 lakh, take-home income must be at least 40% of gross annual income. Above ₹15 lakh, net take-home pay must be at least ₹50,000 per month.View source

The official NTHP row repeats the two income tests for the top-up route.

Source: IB Home Loan Plus — Indian Bank
Page / section: Net Take Home Pay criteria
Accessed: 31 Aug 2026
Confidence: high

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Margin25% margin on the realisable sale value is required to calculate the eligible top-up amount.View source

The published margin row specifies 25% of RSV.

Source: IB Home Loan Plus — Indian Bank
Page / section: Margin
Accessed: 31 Aug 2026
Confidence: high

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Repayment tenureTerm loan maximum 15 years. Step-down overdraft is liquidated over a maximum of 15 years through equal monthly deductions.View source

The official facility row gives the 15-year limit for both routes.

Source: IB Home Loan Plus — Indian Bank
Page / section: Type of Facility / Repayment Period
Accessed: 31 Aug 2026
Confidence: high

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Processing fee1% of the loan amount, minimum ₹5,000 and maximum ₹15,000; nil for takeover cases. GST is recovered separately.View source

The current schedule publishes the percentage, floor, cap and nil takeover condition, exclusive of .

Source: Processing Fee on Personal Segment Loan Products — Indian Bank
Page / section: IB Home Loan Plus
Accessed: 31 Aug 2026
Confidence: high

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SecurityThe existing residential property remains mortgaged to Indian Bank; the property must be revalued after three years from the latest valuation, and residual building life must exceed the repayment period by at least 10 years.View source

The official page publishes revaluation timing and residual-life conditions.

Source: IB Home Loan Plus — Indian Bank
Page / section: Revaluation of House Property; Target Group
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureNil pre-payment charges for IB Home Loan Plus.View source

The official product table states Nil under pre-payment charges.

Source: IB Home Loan Plus — Indian Bank
Page / section: Pre-payment charges
Accessed: 31 Aug 2026
Confidence: high

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DocumentsExisting home-loan account and repayment records, updated property valuation/realisable-sale-value evidence, identity/address/income records and mortgage/security documents requested during appraisal.View source

The page requires an existing standard home-loan relationship, property valuation and continued mortgage; the application route may request supporting records.

Source: IB Home Loan Plus — Indian Bank
Page / section: Target Group; Revaluation of House Property; application route
Accessed: 31 Aug 2026
Confidence: medium

Open official source ↗

Loan typeHome loanView source

The official product name identifies this as “IB Home Loan Plus”.

Source: IB Home Loan Plus — official product page
Page / section: Official product name and loan classification
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsExisting resident or NRI Indian Bank home-loan borrowers, including HL-CRE, IB Home Advantage and repair/renovation borrowers, with at least 12 regular EMIs, no SMA-2 in the last year or NPA history, possession of the property and a valid mortgage. Minimum CIBIL score is 700 (equivalent CIC score may be considered).View source

The manually reviewed product record states: “Existing resident or Indian Bank home-loan borrowers, including HL-, IB Home Advantage and repair/renovation borrowers, with at least 12 regular , no SMA-2 in the last year or history, possession of the property and a valid mortgage. Minimum score is 700 (equivalent score may be considered).”.

Source: IB Home Loan Plus — official product page
Page / section: Published product metadata
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Any bona fide purpose other than speculative activity
₹1 lakh minimum and ₹10 crore maximum published loan range
Up to 15-year term-loan or step-down overdraft repayment
Top-up calculation linked to 75% of realisable sale value after existing outstanding balances

Eligibility

Existing standard home-loan borrowers must have paid at least 12 regularly, must not have appeared in SMA-2 in the last year or ever been , and must have possession with a valid mortgage.
Minimum score is 700; the published net-take-home-pay test applies.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Existing home-loan account and repayment records
Updated property valuation/realisable-sale-value evidence
Identity, address and income documents
Mortgage and security documents requested by Indian Bank

Try the numbers

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Parameter

Eligible borrowers · Published detailExisting resident/ Indian Bank home-loan borrowers with at least 12 regular , standard account, no SMA-2 in the last year or history, possession and valid mortgage.

This value is copied from IB Home Loan Plus — published terms. Check the table notes before relying on it.

Source: IB Home Loan Plus — Indian Bank · Loan Criteria table; current processing-fee schedule Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsIB Home Loan Plus — published termsCurrent Indian Bank top-up home-loan eligibility, limits, income test, margin, repayment, security and fee terms.View tableHide table

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IB Home Loan Plus — published terms
Parameter	Published detail
Eligible borrowers	Existing resident/ Indian Bank home-loan borrowers with at least 12 regular , standard account, no SMA-2 in the last year or history, possession and valid mortgage.
Credit condition	Minimum CIBIL score 700; equivalent score may be considered.
Purpose	Any bona fide purpose other than speculative activity.
Loan amount	₹1 lakh minimum to ₹10 crore maximum; first top-up uses 75% of RSV less home-loan outstanding, with previous top-ups deducted thereafter.
Income test	Up to ₹15 lakh gross annual income: NTHP at least 40%; above ₹15 lakh: NTHP at least ₹50,000 per month.
Margin	25% of realisable sale value.
Repayment	Term loan or step-down overdraft, maximum 15 years.
Security	Existing property mortgage; revaluation after three years if applicable and residual building life at least 10 years beyond repayment.
Processing fee	1% of loan amount, minimum ₹5,000 and maximum ₹15,000; nil takeover; extra.

IB Home Loan Plus — Indian Bank · Loan Criteria table; current processing-fee schedule · accessed 31 Aug 2026Open official source ↗

IB Home Loan Plus

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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