India Bulls Bank
India Bulls Bank

India Bulls Bank

Indiabulls is one of the country’s most respected and leading conglomerates. In the year 1999, a defunct securities organization with NSE membership was purchased by Sameer Gehlaut and then the organization commenced with brokerage services. By December, the company started building one of the very first online platforms in the country with online brokerage services. Indiabulls Financial Services was integrated as the flagship entity of the Group in the year 2000. 

About India Bulls Bank

In the same year, Indiabulls Securities, a subsidiary, started offering brokerage services online along with opening physical offices across the country. By the year 2003, it has created a pan Indian presence and huge client base.


In the year 2004, Indiabulls Financial Servicesdecided to go public with its IPO. The financing business started with consumer loans in the same year while Indiabulls Properties Private Limited, another subsidiary, participated in the government auction for Jupiter Mills’ 11 acre property owned by NTC at Lower Parel in Mumbai in 2005. After winning the mill in the auction, the real estate business started off as well. Elphinstone Mill was purchased a few months later at Lower Parel. The real estate business was demerged under Indiabulls Real Estate and every shareholder of the parent organization received added shares of the company through this process. The Indiabulls Group has a net worth of more than INR 19, 000 crore today with market capitalization standing at over INR 34, 000 crore.


Indiabulls services

The service portfolio includes housing finance, namely home loans, loans against property and asset management. There is the real estate division while the Ventures division takes care of equity and commodity broking, real estate distribution and commercial leasing.

Indiabulls Housing Finance

Indiabulls Housing Finance is the second biggest private finance company in the country and is regulated by the NHB (National Housing Bank). An AAA rated organization, it offers home loans at competitive rates to borrowers particularly for loans up to INR 1.5 crore. Transparency, integrity, customer centricity and top notch service are core values of the company. Loans are sanctioned within 48 hours and approvals are given prior to property finalization.

Doorstep services are provided along with online account access. There are tie-ups with more than 5, 500 residential projects along with first hand appraisal services. The organization has more than 220 branches across 110 towns and cities in India along with representative offices at Dubai and London which offer home loan facilities to NRIs and persons of Indian Origin. The company has already fulfilled the housing aspirations of more than 6.44 lakh happy families with its innovatively tailored home loan products.

Indiabulls home loans

Tailor made home loan solutions are offered to borrowers for supporting their dreams of owning a house of their own. Competitive Indiabulls interest rates are offered along with the very best features. Loans up to a maximum of 90% of the cost of the property (including land costs) are given in case the requirement is up to INR 30 lakhs. For loans above INR 30 lakhs and up to INR 75 lakhs, 80% is provided while this is 75% for loans above INR 75 lakhs. The maximum tenure of loans is 30 years subject to one’s retirement age.

There are adjustable interest rate home loans and rates may be revised in case of changes in the IHFL benchmark rate changes. EMIs will not change and interest component in the same will only increase with the principal component reduced in case of any such change. The term of the loan may also be extended to accommodate the same comfortably. Loans are given for purchasing bungalows, flats, row houses, existing freehold properties, properties in existing cooperative housing societies or apartment owners’ associations, construction of residential dwelling unit on a plot owned already, purchase of residential plots and or construction thereon. Loans are also offered for home extension or renovation. There are no foreclosure charges for home loans.

Indiabulls loan against property

Maximum finance is provided to customers against the market value of their properties. Swift approvals are guaranteed along with safe documentation. These loans are provided for business expansion, consolidation of debt, purchase of machinery and plants, conversion of working capital to term loans, travel, education, marriage and other requirements and also for conversion of present loan at an attractive interest rate. Reasonable interest rates are offered to facilitate greater convenience for customers.

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