Personal Banking

Last Updated on: 18/05/2023



All Home loan borrowers with a satisfactory repayment track of at least one year.

Valid mortgage should have been created in favour of the Bank and registration of memorandum as well.

A borrower is entitled for top up loan after completion of a minimum of 1/3rdof the Housing Loan tenure.

Quantum of Loan

Minimum: Rs. 0.50 Lakhs

Maximum: Rs. 2.00 Crore


In case of immovable properties it is 50%, others (NSC/KVP/UTI, etc.) 25% and Life Policies (on surrender value) 10% margin to be maintained.

Rate of Interest

Retail Credit Interest Rate (Click here)


The tenure of the loan will be in line with the original residual maturity of the Home Loan or the option exercised by customer, whichever is earlier. However, the maximum age of the borrower should not exceed 70 years.

Processing Charges

As applicable from time to time. For up-to-date Processing Charges, you are requested to kindly visit your nearest IOB Branch.