Indian Overseas BankHome Loan Interest Rates
Transfer your home loan to Indian Overseas Bank and enjoy competitive interest rates starting from 8.10%. With government bank security, transparent processes, and special benefits for various customer segments, IOB makes your balance transfer experience reliable and cost-effective.
Starting Rate
8.1% p.a.
Max Loan Amount
₹5,00,00,000
Max Tenure
360 years
EMI for ₹50L
₹42,134
Why Choose Indian Overseas Bank Balance Transfer?
Government Bank Trust
Security of a nationalized bank
Competitive Rates
Attractive rates starting from 8.10%
Low Processing Fee
Affordable processing charges
Special Concessions
Benefits for women and senior citizens
Quick Processing
Fast approval and disbursement
Wide Network
Extensive branch presence
Indian Overseas Bank Balance Transfer Rates
Compare our competitive rates and see how much you can save by transferring your home loan.
| Customer Category | Interest Rate Range | Special Conditions |
|---|---|---|
| Salaried (Government) | 8.1% - 8.8% |
|
| Salaried (Private) | 8.35% - 9.05% |
|
| Self-Employed | 8.5% - 9.7% |
|
| Women/Senior Citizens | 8.05% - 8.75% |
|
Your Home Loan Journey in 4 Simple Steps
From application to approval in just 48 hours with our streamlined digital process
Check Eligibility
Use our instant eligibility checker to know your loan amount in 60 seconds
Submit Documents
Upload required documents digitally through our secure portal
Bank Processing
Our partner banks verify your documents and process your application
Loan Disbursal
Receive funds directly in your account after final approval
Eligibility & Documentation
Check if you qualify for Indian Overseas Bank home loan and documents required
Eligibility Criteria
- Minimum 12 months repayment
- No defaults or delays
- Regular EMI payments
- Minimum Credit Score 650
- 700+ for best rates
- Clean credit history
- 21-70 years
- Extended for government employees
- Co-applicants allowed
- Stable income source
- Minimum varies by location
- Pension income considered
Documents Required
- Aadhaar Card
- PAN Card
- Passport/License
- Address proof
- Salary slips/Income proof
- Bank statements
- ITR/Form 16
- Employment certificate
- Loan account statement
- Sanction letter
- Property documents
- Outstanding certificate
- Sale deed
- Title documents
- Tax receipts
- Approved plans
Processing Fees
Meet all the eligibility criteria? Apply now for instant approval!
Start Your Application5 Million+ Happy Homeowners
Real stories from customers who achieved their dream of homeownership with MoneyKarma
Priya Sharma
Mumbai, Maharashtra
“MoneyKarma made my dream of owning a home in Mumbai a reality. Their team helped me get the best rate from HDFC Bank, saving me lakhs in interest. The entire process was digital and hassle-free.”
Loan Amount
₹85 Lakhs
Bank
HDFC Bank
Interest Saved
₹4.2 Lakhs
Approval Time
3 days
More Success Stories
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Indian Overseas Bank Balance Transfer FAQs
Get answers to commonly asked questions about balance transfer
Still have questions? Contact our support team
Start Your Indian Overseas Bank Balance Transfer Today
Join thousands of satisfied customers who have saved lakhs by transferring their home loan to Indian Overseas Bank. Get started with your balance transfer application now.
Apply for Balance Transfer