Indian Bank has set minimum margin to be brought in by an applicant on fresh home loan as well as take over of home loan. For puchase or construction of a new house or flat, this margin would be 20 percent if the loan amount is 20 lakhs or within this limit. On the other hand, if the loan amount becomes more than 20 lakhs, the margin for the home loan taken for the same purpose would by 25 percent.
Indian Bank provides home loans also to purchase an old house or a flat. For this purpose, a flat margin of 30 percent is applicable for housing loan of any amount. If the loan is sought for repairs and renovation, the minimum margin would again be 30 percent. | 
