Achieve Your Dream Home with SIB Ashirwad

SIB Ashirwad from South Indian Bank is your pathway to owning a home. Designed for various customer segments, including salaried individuals, self-employed professionals, agriculturists, and pensioners, SIB Ashirwad offers affordable housing loans with attractive interest rates and flexible repayment options. Whether you’re buying, building, or renovating, SIB Ashirwad ensures your dreams are within reach.

Features for a South Indian Bank Home Loan

For a South Indian Bank Loan, you must meet the following criteria

Loan Details

Purpose of the loan

Purchase of a ready-to-occupy house or under-construction property.
Purchase of land and construction of a house.
Renovation, extension, or repair of an existing property.
Reimbursement of expenses for property purchase or construction.
Takeover of housing loans.

Tenure

Salaried: Up to 25 years or retirement age, whichever is earlier.
Self-Employed/Business Class: Up to 30 years or 70 years of age, whichever is earlier.
Pensioners: Up to 20 years or 70 years of age, whichever is earlier.

At South Indian Bank, we are committed to helping you turn your dream home into a reality. Apply now and take the first step towards owning your dream home.

Apply Now or Visit Your Nearest Branch

Explore Simple Eligibility Criteria

Category	Details
Age	Minimum: 21 years (Salaried/SEP) / 24 years (SENP, Agriculturists) Maximum: 70 years at loan maturity
Employment status	Salaried, Self-employed, Agriculturists, or Pensioners
Income	Minimum Rs.15,000/month (Gross Income)

Pro tip: Use our Home Loan Eligibility Calculator to check your eligibility. Check Now
Achieve your dream of owning a home today with SIB Ashirwad!

Apply Now or Visit Your Nearest Branch

Required Documents for Loan Application

Category	Required Documents
Salaried Individuals	Salary Slips, Form 16, Bank Statements, KYC Documents.
Self-Employed/Business	ITRs, Balance Sheets, Proof of Business, KYC Documents.
Agriculturists	Tax Receipts, Land Records, KYC Documents.
Pensioners	Pension Order, Bank Statements, KYC Documents.

Prepare these documents for a seamless application process. Download Checklist

Rate and Charges for Loans

For a South Indian Bank Loan, you must meet the Interest Rates and Charges.

Category	Details
Interest Rates	Check Interest Rates
Additional Charges	Click here for Service Charges

Fill in your details here and we will help you
OR

Submit application - Visit your nearest South Indian Bank branch to fill out the application form.
Verification and approval - Our team will review and approve your application.
3Disbursement - Receive the loan amount to finance your home décor.