ICICI Bank Home Loan 

ICICI bank was formed by the World Bank in the year 1955. In the 1990s ICICI bank diversified its services into several products and services. ICICI bank was the first bank in the non-Japan Asia category to be registered on New York Stock Exchange in the year 1999. In January 2002, ICICI bank merged its subsidiaries ICICI Capital Services Limited and ICICI Personal Financial Services Limited with ICICI bank.

ICICI bank has employed over 97,000 people in its branch offices throughout India. ICICI bank has 5,275 branches across India. It operates in 17 countries – United Kingdom, United States, Singapore, Canada, Hong Kong, Bahrain, Oman, Qatar, South Africa, China, Germany, Belgium, Indonesia, UAE, Malaysia, Bangladesh and India.

ICICI Bank Home Loans

Over the years operating in India, ICICI has enabled lakhs of Indians all over the country to own homes. Decades of experience in lending has cemented ICICI Bank as a reliable and trustworthy source of credit for hardworking citizens. In many ways, ICICI Bank home loans are responsible for the huge rate of development in urban areas and hub cities like Mumbai, Bangalore, Chennai, etc. who saw great expansion with income generated by employees of multinational corporations.

Features and benefits of ICICI bank home loan:

• Minimal documentation – The initial documentation required is minimal and the entire process is largely paperless, except for the official signatures required on the actual home loan documents themselves. The documents you need to submit will be verified online before you need to submit attested copies of the original.
• Home loan sanction digitally – In keeping with the efficiency of leveraging digital solutions, applicants need not visit the bank to get their home loan sanctioned – the entire process happens quickly – online. Depending on the home loan product, the amount will be disbursed in parts to the builder, renovator, designer, or the applicant itself.
• Low interest rates starting at 6.75% p.a.* – Interest rates not only fluctuate depending on many market and economic factors but also depending on the applicant’s final borrower profile. The borrower profile is a risk assessment based on the applicant’s previous behavior with borrowing.
• No pre-payment charges for home loans at floating interest rates – If you wish (and are able) to close your home loan early, ICICI does not charge you a penalty when you pay off the entire debt sooner than you’d agreed. Banks sometimes charge a foreclosure fee as they stand to lose out on a portion of the interest income over the years that they would have earned.
• Zero processing fee for applicants with high CIBIL score – As a bonus to applicants that have great past credit histories and a CIBIL score that indicates timely repayment, etc., ICICI Bank does not charge a home loan processing fee. It’s a great way for the bank to show confidence in the borrower and also make the home loan product way more attractive.
• Low processing fee on all home loan plans – For applicants with mid-range and acceptable credit scores, ICICI is able to charge a minimal processing fee – as it has been in the business for decades and has streamlined its backend processes to the point where they’re able to be done at low cost to company.
• 24/7 customer support – ICICI Bank is a massive organization employing lakhs of people. The ICICI Bank customer service team is always online to resolve customer issues, lost cards, take complaints and suggestions, etc.
• Transparent application processing – check in on your ICICI Bank home loan application status at any time.

ICICI Bank home loan EMI calculator:

Home loan EMIs depend on a number of factors like the amount you’ve borrowed, your interest rate, your repayment tenure, and your repayment terms. Most people with home loans, even from the same bank, pay different EMIs each month.

Fincity’s home loan EMI calculator for ICICI Bank allows you to check how much your monthly EMI would be in different borrowing scenarios.

Maybe you want to borrow a large amount and repay it over 20 years, or maybe you just require a small amount and wish to repay it quickly in 5 years – you can enter the amount required and the tenure you’re comfortable with into the calculator and learn how much buying your own place could cost you on a monthly basis.

You can use ICICI bank home loan EMI calculator by following these steps:

Step 1 – Click on the Fincity EMI Calculator link – https://fincity.com/home-loan-emi-calculator-2/

Step 2 – Scroll down to ‘Loan amount’. Enter the loan amount that you want to avail for your home loan.

Step 3 – Enter the interest rate and loan term. Tap on ‘enter’ key. Your monthly EMI is automatically calculated and displayed on the screen.

Break-up of total payment is also shown – principal amount, interest payable and total amount.

ICICI Bank home loan offers:

ICICI bank has specialized home loan plans for different applicants that have unique requirements. Choose the home loan plan that is best suited for you in order to reap maximum benefits. Here are a few home loan plans from ICICI and their average interest rates for salaried and self-employed applicants:

ICICI Bank home loan schemes:

ICICI Bank 30-year home loan

For applicants that plan long-term. This home loan plan has a long repayment tenure – up to 30 years. Long repayment tenures lower your monthly repayment amount as it is spread out over a longer period of time in the future.

Documents required to be submitted for ICICI Bank 30-year home loan

Documents required to be submitted by salaried applicants and self-employed applicants are listed below.

Documents to be submitted by salaried applicants for ICICI Bank 30-year home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Salary slips of last 3 months
• Bank statements of last 6 months showing salary credits
• Income Tax Returns
• Latest Form 16
• Cheque in favor of ICICI bank for processing fee of home loan application

Documents to be submitted by self-employed applicants for ICICI Bank 30-year home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Cheque in favor of ICICI bank for processing fee of home loan application
• Balance sheet and P&L statement of last 3 Assessment years attested by a professional Chartered Accountant
• Income Tax Returns along with income of last 3 Assessment years attested by a professional Chartered Accountant
• Latest Form 16
• Education qualification
• Business profile
• Passport-sized photographs
• Cancelled cheque

ICICI Bank NRI Home Loan

For NRIs that require home loans, ICICIs NRI home loan product fits the bill with standard terms and flexible tenure options.

• Interest is calculated on monthly reducing balance
• No pre-payment charges
• Processing fee: 2% of loan amount + 18% GST

Documents required for salaried applicants for ICICI NRI Home loan:

• Signed passport-sized photograph for both salaried applicant and their co-applicant
• A copy of Visa
• A copy of Passport
• Power of Attorney
• Letter of authorization
• Residential address proof (overseas) 
• PAN Card
• Self-attested address proof of India
• Employment company details
• Bank statements of last 6 months showing salary credits
• Salary slips of last 3 months
• Latest Form 16
• Income Tax Returns
• Guarantors’ documents: Passport and Visa, proof of current residential address (overseas), Income proof
• Completed loan application document and 3 passport-size photographs

Documents required for self-employed applicants for ICICI NRI Home loan

• A copy of Visa
• A copy of Passport
• Power of Attorney
• Letter of authorization
• Residential address proof (overseas)
• PAN Card
• Address proof (Self-attested)
• Company details
• Profit and loss statements for the last 2 years certified by Chartered Accountant (Middle East countries)/CPA (US and Canada)/any other equivalent
• Guarantors’ documents: Passport and Visa, proof of current residential address (overseas), Income proof
• Completed loan application document and 3 passport-size photographs

ICICI Bank Step-up home loan

Young professionals new to the workforce who’ve taken the decision to own a home tend can make good use of this custom home loan plan. The step-up home loan from ICICI Bank has planned increments to the monthly EMI every few years to match salary increases in the professional’s career. This way, working citizens can easily repay it more quickly as they are more likely to have salary increments over the course of their home loan tenure.

• Designed for salaried professionals with moderate income. Best suited for young applicants.
• Maximum loan tenure – 20 years
• Minimum monthly income – Rs.20,000
• Interest rate – 6.90% p.a.-8.05% p.a.*
• Processing fee – Rs.1,500 or 2% of loan amount (whichever is higher) *

Documents to be submitted for ICICI Bank Step-up home loan

Here is a list of documents to be submitted to apply for ICICI Bank Step-up home loan by salaried applicants and self-employed applicants.

Documents to be submitted by salaried applicants for ICICI Bank Step-up home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Salary slips of last 3 months
• Bank statements of last 6 months showing salary credits
• Income Tax Returns
• Latest Form 16
• Cheque in favor of ICICI bank for processing fee of home loan application

Documents to be submitted by self-employed applicants for ICICI Bank Step-up home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Cheque in favor of ICICI bank for processing fee of home loan application
• Balance sheet and P&L statement of last 3 Assessment years attested by a professional Chartered Accountant
• Income Tax Returns along with income of last 3 Assessment years attested by a professional Chartered Accountant
• Latest Form 16
• Education qualification
• Business profile
• Passport-sized photographs
• Cancelled cheque

ICICI Bank Instant home loan

Existing ICICI Bank customers can enjoy super quick processing and sanction on their home loans – the bank does not need to spend weeks in verifying your identity, address, income, banking details, etc. They just run a quick credit history check and analyze your savings account behavior to determine your capacity and probability to repay – and the amount sanction is really quick as well.

• Submission of documents not required during loan sanction
• For ICICI bank customers who have salary account with the bank: pre-approved housing loan up to Rs.1 crore is offered
• Low processing fee

Documents to be submitted for ICICI Bank Instant home loan

Here is a list of documents to be submitted to apply for ICICI Bank Step-up home loan by salaried applicants and self-employed applicants.

Documents to be submitted by salaried applicants for ICICI Bank Instant home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Salary slips of last 3 months
• Bank statements of last 6 months showing salary credits
• Income Tax Returns
• Latest Form 16
• Cheque in favor of ICICI bank for processing fee of home loan application

Documents to be submitted by self-employed applicants for ICICI Bank Instant home loan

• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card
• Cheque in favor of ICICI bank for processing fee of home loan application
• Balance sheet and P&L statement of last 3 Assessment years attested by a professional Chartered Accountant
• Income Tax Returns along with income of last 3 Assessment years attested by a professional Chartered Accountant
• Latest Form 16
• Education qualification
• Business profile
• Passport-sized photographs
• Cancelled cheque

ICICI bank home loan eligibility criteria

Here are the details of home loan eligibility criteria that the bank has set for home loan applicants.

General eligibility criteria to avail ICICI bank home loan:

The table below is a quick reckoner for who is eligible for a ICICI Bank Home Loan

ICICI home loan general age criteria:

Documents required to apply for ICICI bank home loan

These are the list of documents required to be submitted by all ICICI Bank home loan applicants:

• Identity card of employment: The identity card issued by your employer not only confirms and authenticates your name, photograph, and address – but also your employment with the company from the date you’ve claimed in your application.
• Completed loan application document and 3 passport-size photographs
• Address proof (any one) – Electricity bill/LPG/Water/Telephone bill: Consecutive bills generated – for electricity or water consumed – made in your name on your address will help ICICI Bank authenticate your residential status and identity, and the fact that you’ve been a resident of the claimed address for at least a few months.
• Identity Proof (any one) – Passport/PAN card/Driver’s license/Voter ID Card:
  • Passport: Issued by the Government of India, your passport is a highly reliable document to establish your identity, signature, address, and citizenship status. ICICI requires citizenship status information and confirmation to comply with national regulations on loans.
  • PAN Card: Also issued by the Indian Government, the PAN Card contains a number unique to each individual that maintains records of certain aspects of significant financial transactions made to and from that individuals bank account/s. ICICI requires its customers’ PAN information to meet regulatory guidelines, maintain records for taxes, and authenticate its customers identities, photographs, and signatures.
  • Driver’s License: Issued by the State Government, the driver’s license authenticates a person’s age, name, address, and signature. It also helps establish (to a certain extent) that the individual is responsible enough that his/her license has not been suspended for any reason.
  • Voter ID Card: Issued by the Central Government, the Voter’s ID card enables Indian Citizens to vote by confirming the holder’s identity and photograph at the time of polling. ICICI Bank can use the information on a person’s Voter ID to authenticate their identity, address, and signature in the absence of a Driver’s License or any other document.
• Income proof – Last 6 months bank account statements for all the banks/Form 16 or Income Tax Returns (ITR) for the previous year: Bank account statements of all bank accounts have to be submitted along with the home loan application. These are important statements are they are a record of the applicant’s income. As a taxpayer, one is also required to submit Form 16 or Income Tax Returns (ITR). The ITR contains a summary of all the income earned in a particular financial year from various sources, as claimed by the applicant.
• Cheque in favor of ICICI bank for processing fee of home loan application

ICICI bank home loan interest rates:

The final home loan interest rate that you get depends on many eligibility and economic factors, but ICICI Bank home loan can range from:

ICICI bank Instant Home Loan interest rate – 6.75% p.a.-7.25% p.a*

ICICI bank NRI Home Loan interest rate – 7.15% p.a-7.55% p.a.*

ICICI bank Instant Balance Transfer home loan interest rate – 7.40% p.a.-7.55% p.a.*

ICICI bank home loan fees & charges:

ICICI bank home loan customer care

Phone number:

Toll-free phone numbers of ICICI bank home loan customer care:

• 1860 120 7777
  • 1800 103 8181
  • 1860 120 6699

E-mail address:

You can also write an e-mail to headservicequality@icicibank.com or customer.care@icicibank.com.

If you are not satisfied with the resolution to your issue with the above-mentioned phone numbers or e-mail addresses, you can escalate it to a higher official by filling this form:

https://www.icicibank.com/managed-assets/docs/complaint/complaint-form-step2.pdf

You can also reach out to Level 2 complaint handling representative of ICICI bank by filling this form:

https://nli.icicibank.com/NewRetailWeb/loadGrievanceFormTwo.htm?_ga=2.206220688.2081516828.1628167732-551573494.1626333732&_gac=1.217713252.1627990751.CjwKCAjw0qOIBhBhEiwAyvVcf2eqRi9kDmdvuMexBcBaymJaKhG0IeVTDmXP7-woOSMaVVNL1iFSDBoCIacQAvD_BwE&_gl=1*12fp0jg*_ga*NTUxNTczNDk0LjE2MjYzMzM3MzI.*_ga_SKB78GHTFV*MTYyODI1MTQ5NC4yMC4xLjE2MjgyNTE4NjEuNQ..

In case you are still not satisfied with the customer support provided by Level 2 customer support, you can reach out to the next level of customer support – the Principal Nodal Officer.

Step 1 – Click on this link – https://nli.icicibank.com/NewRetailWeb/loadGrievanceFormThree.htm?_ga=2.38397344.2081516828.1628167732-551573494.1626333732&_gac=1.128141694.1627990751.CjwKCAjw0qOIBhBhEiwAyvVcf2eqRi9kDmdvuMexBcBaymJaKhG0IeVTDmXP7-woOSMaVVNL1iFSDBoCIacQAvD_BwE&_gl=1*f9ywhp*_ga*NTUxNTczNDk0LjE2MjYzMzM3MzI.*_ga_SKB78GHTFV*MTYyODI1MTQ5NC4yMC4xLjE2MjgyNTIwNDcuNjA.

Step 2 – Fill the requested details – account number & reference number of Level 2 customer support. Click on ‘Proceed’ and follow the next steps.

Step 3 – Submit the complaint and wait for the given time frame. Your issue will be resolved.

How to check ICICI bank home loan application status through Customer care?

You can check your home loan application status by contacting ICICI bank customer care on the toll-free number – 18601207777.

You can also write an e-mail to headservicequality@icicibank.com or customer.care@icicibank.com.

To get an update on your ICICI Bank home loan application status, you can contact Fincity customer care at 080-47188010 or write an e-mail to Fincity customer care at info@fincity.com.

How to check ICICI bank home loan application status online?

You can check your ICICI bank home loan application status online by following these steps:

Step 1 – Click on the official website of ICICI bank here –

https://leads.icicibank.com/NewSalesWeb/loadDashBoard.htm?ITM=nli_cms_HL_trackmyloan_track_status_btn&_ga=2.23474618.1278231969.1628502914-551573494.1626333732&_gac=1.22220745.1627990751.CjwKCAjw0qOIBhBhEiwAyvVcf2eqRi9kDmdvuMexBcBaymJaKhG0IeVTDmXP7-woOSMaVVNL1iFSDBoCIacQAvD_BwE&_gl=1*yceem9*_ga*NTUxNTczNDk0LjE2MjYzMzM3MzI.*_ga_SKB78GHTFV*MTYyODUwMjkxNy4yMy4wLjE2Mjg1MDI5MjEuNTY

Step 2 – Enter your home loan application number that you received after applying for your ICICI home loan.

Step 3 – Enter the mobile number that which you have given in your home loan application form.

Step 4 – Choose ‘Sanction’.

Step 5 – Click on ‘Send OTP’ button.

Step 6 – A new page will open. Enter the OTP you received. Once you are authenticated as a home loan applicant on the bank’s website, you will be redirected to a page that shows the status of your ICICI bank home loan application.

How to increase your chances of getting an ICICI Bank home loan approved

If you’ve decided on a home loan plan that you want to get from ICICI bank, here’s how to increase your chances of the home loan being approved:

1. Collateral

If you own a property or any asset of significant value, you can offer it to ICICI as collateral against your home loan. A loan against property is given at a lower rate of interest and for long loan tenure when compared to a home loan that does not involve collateral. When you pledge a property in order to receive a loan, it is a secured loan. This means that ICICI is risk-free on sanctioning the home loan as it can liquidate the property in case the loan amount is not repaid.

In collateral loans, the loan amount (or a portion of the loan amount) is given against the value of the property/asset pledged. Hence, it is a low-risk loan.

• Apart from property here is what you can use as collateral to receive a loan:
• Machinery
• Equipment
• Jewelry
• Investments – Mutual funds, shares, bonds, fixed deposits, SOPs
• Insurance policy

2. Include co-applicants in your home loan application

Co-applicants for a loan share the responsibility of repayment. Co-applicants of a home loan have the same eligibility criteria as the primary applicant of the home loan. Also, the CIBIL score of all the applicants is taken into consideration while determining eligibility of a home loan applicant. When there is more than one applicant for a loan, the repayment is shared by both the parties. The bank is secure in the knowledge that there is more than one income responsible for repaying the loan.

The ratio/responsibility percentage of repayment is determined by the bank. It varies from one home loan applicant to another. Based on income, CIBIL score, other liabilities, the percentage of home loan to be repaid by each home loan applicant is determined.

In case there is no evaluation of percentages of repayment, the standard share is 50:50 by two home loan applicants.

3. Have a good credit history/high CIBIL score

Credit score of an applicant is one of the most important factors that determine if the loan will be approved. Credit score is a record of an individual’s credit history. When the applicant has repaid his dues on time and in full and has not defaulted on payment, he will have a good credit history. It is also important to make sure that there are no errors in your CIBIL report. It has to be checked periodically and any errors on it should be corrected at the earliest.

ICICI bank requires a minimum credit score of 750 to consider a loan application. The higher your credit score, the higher the chances of your home loan to be approved. You will also enjoy benefits of low interest rate and long repayment tenures when your credit score is high.

Applicants can also negotiate repayment terms with the bank manager when their credit score is high. Overall, there are several benefits of having a high CIBIL score. Ensure that you have good scores when you apply for a home loan with ICICI bank to increase the chances of approval.

ICICI bank home loan Frequently Asked Questions (FAQs)

1. I am a home loan borrower of ICICI bank. My home loan is on floating interest rate. Will that affect my EMIs?

As the Repo rate changes, the floating interest rate on your home loan will change. If your home loan is on PLR and FRR, interest rate on your home loan will reduce by 0.05%. Your EMI will change when there is a change in the interest rate on your home loan.

2. Do women applicants get reduced rate of interest with ICICI bank for home loans?

Yes, if the woman is the primary applicant of the ICICI bank home loan, or is the co-owner of the property purchased with the home loan. Following interest rates apply for women applicants of ICICI bank home loan:

Floating interest rate range: 8.65% p.a-8.80% p.a.*

Fixed interest rate range: 8.70% p.a.-8.90% p.a.*

If the home loan is taken at a fixed interest rate for the full tenure of home loan: 9.70% p.a.-10.05% p.a.*

3. What are the charges for pre-payment of ICICI bank home loan?

For home loans availed at a floating interest rate, there are no pre-payment charges on your ICICI bank home loan. If the loan is availed at a fixed interest rate, the charges are 2% on the outstanding principal amount + 18% GST.

4. How does my salary affect the amount of loan that will be sanctioned by ICICI bank?

Your gross monthly salary is one of the determining factors for the sanction of your home loan by ICICI bank. Monthly income minus any other liabilities is the repayment capacity of an individual. This is the gross amount that is taken into consideration by the bank to check eligibility of the applicant.

5. Can I choose the type of interest rate I will be charged on my ICICI bank home loan?

Interest rates vary from one home loan plan to another. Some home loan plans have the option to switch to floating interest rate in the second half of the loan tenure. For example, if the home loan is taken for 20 years, the home loan will be at a fixed interest rate for the first ten years, and the migrate onto a floating interest rate model for the remainder of the tenure.

6. My ICICI bank home loan is on floating interest rate for the later years. How is my interest rate decided by the bank in floating interest rate?

Your home loan will be at a fixed interest rate for the first few years of the loan tenure. Exact number of years will vary based on the home loan plan and the customer. You will be intimated of the exact number of years when your home loan application is approved. It will also be mentioned in the offer letter you receive from the bank upon your application being approved.

In your tenure, when the floating interest rate begins, it will be decided by the interest rate prevailing in the market based on Repo rate and RBI Terms & Conditions.

7. What are the documents required to apply for ICICI bank home loan?

Documents to be submitted by home loan applicants vary from one home loan plan to another. But there are a few documents that are mandatory to be submitted by all applicants. These documents are to authenticate the identity of the individual, confirm proof of address, make sure that the applicant has a stable income and has been an Income Tax payer. Documents vary based on whether the applicant is a salaried employee or self-employed professional or entrepreneur. Along with a completed loan application, three passport-size photographs and cheque for processing the home loan application has to be submitted to ICICI bank.

8. What is fixed interest rate on my ICICI bank home loan?

Fixed interest rate means the interest rate on your ICICI bank home loan is fixed at the time of loan approval. It remains the same throughout your loan tenure. This also means that the EMI on your home loan remains the same throughout your loan tenure.

9. What tax benefit do I get on my ICICI bank home loan?

A maximum of Rs.1,50,000 p.a. is exempted for the principal repaid under Section 80(C) of the Income Tax Act. In order to claim this exemption, the property should not be sold for 5 years from the time period the exemption is claimed. In case one sells the property within 5 years of claiming the exemption, the exemption is reversed to the home loan applicant.

Under Section 24 of the Income Tax Act, a maximum of Rs.2 lakhs p.a. is exempted for the interest paid on home loan if the property is occupied by the applicant. For let out property, there is no upper limit for claiming interest.

10. What is ICICI bank customer care phone number?

ICICI bank customer care toll free number is 18601207777/1860 120 6699.

11.  What is ICICI bank customer care e-mail address?

You can write an e-mail to headservicequality@icicibank.com or customer.care@icicibank.com.

12. What is the processing fee on ICICI bank home loans?

processing fee on ICICI bank home loans varies from one home loan plan to another and also based on the credit history of the home loan applicant.

The standard charges are:

0% – 2% of loan amount + 18% GST*

For the applicants in Mumbai, Delhi and Bangalore: Rs.1500-Rs.2000 + 18% GST*

13. How can I contact Fincity customer care for my ICICI bank home loan?

You can contact Fincity customer care on 080-47188010 or write an e-mail to Fincity customer care at info@fincity.com.

14. What are the criteria to apply for ICICI bank home loan?

Age, residency status, type of employment, and CIBIL score are the most important criteria to apply for ICICI bank home loan. Here are the details:

Other criteria are based on home loan plan you opt for.

15. What is the interest rate on ICICI home loan?

Interest rate is based on the home loan plan you opt for. In fixed interest rate plans, the interest rate is fixed at the time of loan disbursal. This is based on the interest rate range for the home loan plan and other eligibility criteria that are satisfied by the home loan applicant. In floating interest rate, it is determined by market factors such as Repo rate.

Minimum interest rate for ICICI home loan is 6.90% p.a.* and maximum interest rate for ICICI home loan is 9.40% p.a.*.

It is important to note that there is processing fee and other charges as applicable to the interest rate.

*Fluctuating variable information represented here – contingent upon regulatory and market factors like all forms of amounts, variables, rates, percentages, tenures, products, fees, criteria, links, references, Sections of Acts, etc. – are subject to change in events like – revision/addition of RBI guidelines, revision of policies at the bank level, new information becoming available, etc. – and consequently the views and opinions shared here are of the writer’s inference of the most recently updated information as understood from authentic and reliable sources on the internet at the time of writing. Readers are advised that all end-case forms of amounts, variables, rates, percentages, tenures, products, criteria, fees, references, advice, etc. are contingent on external factors that are subject to change over time.