You get preferred interest rates, priority processing and simpler documentation if you have a salary account with us. You will also get preferred interest rates in case you have any other loan account with us. The relationship is taken into account at the time of disbursal of the loan.

You can avail of a loan from Rs 50,000 to Rs 10,00,000 depending on your income, repayment capacity and applicant category. You can club the income of your spouse if you wish to increase your loan amount.   

You repay the loan in equated monthly installments consisting of principal and interest. The loan will be paid through post-dated cheques or through Standing Instructions to debit your IDBI account with the EMI amount.

To obtain this loan, there is absolutely no need to provide any security or guarantor.   

No. You do not have to pay any amount up-front. All fees and charges will be applicable only after approval of your application.