IDBI

BANK

LOAN PRODUCTS

Presented By:
Hemant Hembrom
Sireesha Inturi
Bavirisetti Sirisha
Shivam Saxena
Krishna Kumar
Vijay Kumar Krishnan
Rintana Das
IDBI Manipal School of Banking
Batch 1 Section G

IDBI
BANK

Home
Loan

LOAN PRODUCTS

Auto LoanPersonal Loan

Loan Against
Loan Against Secur
Education Loan Property

IDBI Bank Home Loan

5 Lakhs 10 crores
Customized Home Loan Features
for Salaried (Including NRI)
Self Employed Professional
Self Employed Non Professional (Business
Category).
Choose your own Interest Rate
Choose your Repayment options
- Step up Repayment Facility
- Step Down Repayment Facility
- Tranche Based EMI
Refinance facility towards purchase/construction of
the house
< 12 months from date of transaction

IDBI Bank Home Loan Interest

Saver
Save interest cost

Linking Home Loan account with Flexi

Current Account
Interest on Home loans
Outstanding balance of loan Minus balance in
the Current Account

IDBI Bank Home Loan Solutions: Advantages

In-principle loan approval - before property

is selected.
Assistance in property search
Loan from anywhere - Home anywhere in
India.
Extensive Range
Loan eligibility can be checked online

Documentation
Salaried Customers

Self Employed
Professionals

Self Employed Non

Professionals

Application form with

photograph

Application form with

photograph

Application form with

photograph

Identity and Residence Proof

Identity and Residence Proof

Identity and Residence Proof

Latest Salary-slip for last 3

months

Education Qualifications
Certificate and Proof of
business existence

Proof of business existence

Form 16/ITR

Last 3 years Income Tax

returns (self and business)

Business profile

Last 6 months bank

statement

Last 3 years Profit /Loss and

Balance Sheet

Last 3 years Income Tax

returns
Last 3 years Profit /Loss
Balance

Processing fee cheque

Last 6 months bank

statements

Last 6 months bank

statements

AUTO LOAN
Features :
Eligibility Criteria:
IDBI
Bank offers Auto loans for both

Salaried and self- employed professionals at

attractive interest rates.
Min age of the applicant: 18 years
Max age of the applicant (At loan
Maturity): 70 years
Min. Annual Income of Rs. 1,80,000/-

List of documents required for Auto loan

Age Proof:
School Leaving Certificate
Passport
Driving License
Election ID Card
Birth Certificate
LIC Policy
PAN Card

Address Proof:
Passport
Driving license
Election Id card
Telephone Bill /
Electricity Bill
Title deed of property /
Rental Agreement
Employers letter
Sales Tax RC / ITR /
Form 18

Identity proof:
Passport
PAN card
Election ID card
Driving license
Employers ID card

Income Proof: Latest 2 months salary slips; Form 16/ ITR for last 2 years; Bank
Statement reflecting salary credits for 4 months
Bank Statement: Income Statement, Balance Sheet and ITR for last 2 years,
Bank Statement for 6 months

The IDBI Bank Auto Loan Advantages

Maximum Funding
Attractive interest rates
Tie-up with Dealers and Manufacturers
Hassle free Documentation
Repayment through equated monthly
installments of both principal and interest

Education Loan
Aims at providing financial support to
deserving / meritorious students for pursuing
higher education in India and abroad.

IDBI Bank Education Loan covers:

Examination fee
Tuition Fee
2-Wheeler/travel expenses
Laboratory/Library fees
Books and other Equipment charges
Purchase Computer/Laptop
Insurance
Hostel Fee etc.

 Loan amount range:

Idbi bank Provides Education loan up to 10 lakhs
for Indian Education courses of Graduation and PostUpto 4 lakhs under
Upto priority
7.5 lakhssector lending
Upto 10 lakhs
graduation
No security
required

give third party guarantee to re

payment of Education loan along
with parents(Third party) Salary
documents, Bank balance sheet
and other Property proofs.

all necessary documents +

to provide loan as per
parents future Income and
type of course selected by
student.

For Abroad studies the loan will be up to 20 lakhs

 Documents need to submit to approve/get loan

Loan application form
Education Certificates of SSC, Intermediate and other
degrees.
Income Proof-Any either salary slip/other(co -applicant)
Age and identity proof (both)
Residency proof (both)
Income tax assessment of last 2 years (co -applicant)
Last 6 months of Bank account balance sheet(co -applicant)
Latest 2 passports Photo graphs (both)
Admissions proof in college (in case of abroad studies i20
form)
College Fee structure.
Passport/Visa (in case of abroad studies)

 Rate of interest
11.25% (Base rate +1%)- upto 10 lakhs (or 20 lakhs)
12.25% (base rate +2 %)-above 10 lakhs (or 20 lakhs)
Additional benefits
50 basis points reduction
for children of existing customer of the bank
handicapped applicants
girl applicant
Children of staff member of idbi ltd.
Maximum reduction in interest not to exceed 100
basis point.

 Processing fee
No processing fee for studies in India
For abroad studies, 1 % of loan amount
subject to maximum of Rs. 5000(which can be
refunded at the time of disbursement)
Repayment of loan
After 1 year completion of course or After 6
months of getting job, whichever happens
earlier.
Loan re Payment period is commencement of
5-7 years

PERSONAL LOAN:
Personal Loan from IDBI Bank is targeted
to the Salaried Individuals and Self
Feature
Salaried
Salaried
Employed
Professionals
(SEPs) Salaried
Customers
maintaining
salary account
with IDBI Bank .

customers & SEPs

(with or without
existing liability
relationship with
IDBI Bank)

individuals & Self

employed
Professionals
having Asset
relationship

Minimum Net
Salary/ Income

For Salaried class :Minimum Annual Average Balance (AAB) of Rs. 20,000/(not applicable to salaried customers maintaining salary account
with IDBI Bank) and Minimum Annual Net Income (ANI) of Rs.
1,80,000/-.
For SEP class :Minimum Annual Average Balance (AAB) of Rs. 25,000/- and
Minimum Annual Business Income of Rs. 2,40,000/- for last 2 FY.

Age

Minimum age : 22 Years.

Maximum age at termination of loan should not be above 60
years or date of retirement, whichever is earlier.

Tenor

Minimum : 12 Months
Maximum : 60 Months

Feature

Salaried
Customers
maintaining
salary account
with IDBI Bank .

Salaried
customers & SEPs
(with or without
existing liability
relationship with
IDBI Bank)

Salaried
individuals & Self
employed
Professionals
having Asset
relationship

Maximum Loan
Amount

Minimum:
Rs.50,000/-

Minimum:Rs.50,000/Maximum :a) For customers

non maintaining
salary account with
IDBI Bank
Rs. 5,00,000/-
b)For confirmed
employees from
departments and
institutions
promoted /
sponsored by State
& Central
government, the
three Armed
Services
Rs.10,00,000

Minimum:Salaried & SEPs :-

Maximum:
Rs. 10,00,000/-

*Base rate: 10.25%

Rs.50,000/Maximum:-
Salaried :Rs.10,00,000/SEPs:
Rs.5,00,000/-

Loan Against Property

IDBI Bank brings Loan against property to enable you
to unlock the power of your property. You can mortgage
your residential, commercial or Industrial property to get
a loan & meet all your financial requirements.
Features
Loan Purpose: Business Expansion
Education/Marriage expenses
Purchase of house
Improvement/Extension of existing Property
Medical Treatment
Any other personal Need.

 Loan Amount:
Up to Rs.10cr, Loan above Rs.10cr can be provided
depending upon individual cases.
Loan Tenure:
Up to 15 Years.
Processing Fees:
Up to 1% of the loan amount plus service tax as applicable.
Maximum Funding:
Up to 65% of the market value of the property (Residential
Self Occupied)
Up to 55% of the market value of the property (Residential
Leased Out)
Up to 50% of the market value of the
property(Commercial/Industrial)
More funding to existing Banks customer.

 Security:
Primary:First Charge on the mortgaged
property by way of equitable mortgage
against which IDBI Bank has advanced the
loan.
Collateral:Liquid Collaterals as required by
The Bank selectively in the form of
Pledge/Hypothecation and Assignment
depending upon individual cases.

IDBI Bank Loan Against Securities

IDBI Bank offers loans against securities for the
liquidity of your long term investments.
IDBI Bank's Loan Against Security can beavailed
against pledge of:
Equity Shares Dematerialize Shares upto 50% of the
market value
Mutual Funds units - Mutual Funds upto 50 % of NAV
(Net Asset Value)
RBI Bonds (8% Saving Bonds 2003 (Taxable) (Margin
5% of Face value every unexpired year)
Life Insurance Policies. (Margin 15 % of surrender
value)
National Saving Certificate (NSC) (Margin 20% of
accrued value)
Kisan Vikas Patra (KVP) (Margin 20 % of accrued
value)

The IDBI Bank Loan against Securities

Advantage

No EMIs
No Post dated cheques
No Pre-payment charges
Interest charged only on utilized amount
Simple and speedy processing

The IDBI Bank Loan against Securities Features

Loan Against Shares

Loan Against GoI Bonds

Loan Against Life Insurance Policy

Loan Against Mutual Funds Units

Thank You.