Indian Bank, a leading public sector lending institution, offers home loans to salaried class, businessmen, self-employed professionals and also the pensioners with repayment capacity. The applicant must have a minimum experience of three years in their respective work domains. Indian Bank home loans are available for purchase or construction of a house or a flat.
An applicant upto 50 years of age is eligible to apply for the loan. However, the applicant should not be more than 60 years of age at the end of repayment period. In certain cases, the bank may give a relaxation of 10 years. Under Indian Bank Home Loan Scheme, you can get a loan amount 36 times of your gross monthly income or 60 times of your net monthly income. The higher of these two will be the upper ceiling of the amount you are allowed to take as housing loan. | 
