IDBI is one of the premier lending institutions in the home loan segment. IDBI provides home loans for constructing a home, purchasing a ready built house/flat, residential plot and for re-financing existing loans the customer may have availed from other banks or housing finance companies.

IDBI home loan customers enjoy the flexibility of choosing between Floating or Fixed interest rate and personalized doorstep service for a hassle-free experience. Other assorted benefits include legal and technical assistance, and reassessment and adjustment of applicant's loan eligibility in case of change of income and residence status.

The tenure of an IDBI home loan can be up to 20 years for a resident Indian and the bank finances up to 90% maximum of the property value subject to credit discretion. Loan repayment can be done through Equated Monthly Installments (EMIs) comprising both principal and interest.

IDBI housing loans come with IDBI insurance cover, which is a group life insurance protection scheme. Under this scheme, the borrower can insure himself up to the amount (maximum Rs 50 lacs) and tenure (maximum 25 years) of the loan availed. This risk cover is made available in specially discounted insurance premium rates.