✔️Can I apply for an ICICI Home Loan online?

Yes, you can apply for an ICICI Home Loan online by visiting the ICICI website.

✔️What are the processing fees for ICICI Home Loans?

The processing fees for ICICI Home Loans are 0.50% - 1% of the loan amount or Rs.1,500, whichever is higher + taxes and surcharge.

✔️Does ICICI give pre-approved Home Loans?

Yes, ICICI gives pre-approved Home Loans.

✔️How can I check my ICICI Home Loan status?

You can check the status of your ICICI Home Loan application using ‘Trackmyloan’ by entering your loan application and mobile number. This can be done using your desktop or mobile.

✔️Does ICICI check CIBIL for a Home Loan?

Yes, ICICI checks CIBIL for a Home Loan, but it is not mandatory.

✔️What is the maximum loan tenure I can opt for under ICICI House Loan?

The maximum loan tenure you can opt for under ICICI House Loan is 30 years.

✔️Can I transfer my House Loan from another bank to ICICI?

Yes, you can transfer your House Loan from another bank to ICICI.

✔️What are the special concessions on the home loan interest rates offered by ICICI bank for women borrowers?

Women borrowers can get a home loan with an interest rate ranging between 8.35% and 8.80%. The fixed interest rate varies between 8.70% and 8.90%, floating interest rate varies between 8.65% and 8.80%, and full tenure interest rate varies between 9.70% and 10.05%.

ICICI Bank Home Loan

Q: ✔️Can I club the income of my spouse with mine and apply for ICICI joint Home Loan?

Yes, you can apply for an ICICI joint Home Loan with your spouse.

Apply for ICICI Home Loan Online | ICICI Home Loan Schemes | Features & Benefits

✓ Home Loan from ₹2 Lakhs To ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.45% Apply Now

ICICI Bank offers home loans at affordable interest rates to salaried and self-employed individuals. Simply meet some basic eligibility criteria to get a good loan amount for a longer repayment tenure.

You can use this money for purposes such as home construction or purchase. Avail ICICI home loans of up to ₹ 5 Cr from Bajaj Markets with 90% of the property value as the loan amount.

What’s more, you get affordable ICICI home loan interest rates starting from 9.00% p.a. onwards with a maximum repayment tenure of 30 years. To understand more about the ICICI housing loan eligibility criteria and documents required to apply for a loan, read on.

ICICI Home Loan Interest Rate and Charges 2023

Interest Rate	9.00% p.a. onwards
Maximum Loan Amount	Up to ₹5 Crores
Processing Fees	₹2,999 (T&C Apply)
Maximum Repayment Tenure	Up to 30 years
Types available	Fixed and floating interest rate
Penalty Interest Rate	Up to 2% per month
Prepayment/Foreclosure Charges	Nil for floating interest rates 2% + applicable GST for fixed interest rates 2% for top-up loans if you utilise the amount for business purposes 4% if you repay the entire outstanding principal when you use the amount to buy a property for business purposes
Cheque Bounce Charges	₹500
Transaction Charges (when you pay EMI via cash deposit at any ICICI branch)	₹100
Document Retrieval Charges	₹500

Disclaimer: The above-mentioned rates and charges are subject to change at the lender’s discretion.

Also, check the current interest rates for home loans in 2023

Compare ICICI loan interest rates with other partners of Bajaj Markets.

Name of the Financial Institution

Interest Rates (% p.a.)

Bajaj Housing Finance Limited

8.45% onwards

Home First Finance Company

9.50% onwards

LIC Housing Finance

8.65% onwards

PNB Housing Finance

8.50% onwards

Shriram Housing Finance

11.50% onwards

Shubham Housing Finance

10.90% onwards

Union Bank of India

8.50% onwards

Name of the Financial Institution	Interest Rates (% p.a.)
Bajaj Housing Finance Limited	8.45% onwards
Home First Finance Company	9.50% onwards
LIC Housing Finance	8.65% onwards
PNB Housing Finance	8.50% onwards
Shriram Housing Finance	11.50% onwards
Shubham Housing Finance	10.90% onwards
Union Bank of India	8.50% onwards

Disclaimer: Interest rates are subject to change as per the change in the financial institution’s terms and policies.

ICICI Bank Housing Loan - Features & Benefits

High-value Loan

You can avail an ICICI home loan as high as ₹5 Cr to finance your home purchase.

Flexible Repayment Tenure

Enjoy flexibility in tenures ranging up to 360 months.

Affordable Interest Rates

You can avail a home loan at attractive ICICI home loan interest rates starting from 9% onwards.

Balance Transfer Options

You can transfer your existing balance through the facility of balance transfer at nominal rates.

Eligibility Criteria

With simple ICICI home loan eligibility parameters, availing a loan becomes hassle-free and quick.

Minimal Documentation

The documents required for a home loan are minimum, helping you avail a loan after the approval.

ICICI Bank Home Loan Eligibility

Given below is a comprehensive list of ICICI home loan eligibility criteria

You must be an Indian citizen

You must be between 21 and 65 years
Your net monthly income has to be at least ₹25,000 if you are salaried
The minimum PAT (Profit After Tax) must be ₹30,000 for self-employed applicants
You must have a work experience of at least 2 years if you are a salaried applicant
Your business must have a vintage of at least 3 years if you are self-employed

You need to have a stable credit history

Calculate your home loan eligibility criteria, and check out factors that can help improve your eligibility criteria.

Furthermore, spotless credit history and meeting all the required eligibility parameters can help you enjoy nominal ICICI home loan rates. After all, the ICICI home loan interest rate depends on your income, credit history, tenure and the borrowed loan amount.

Documents Required for an ICICI Bank Home Loan

Here are a few home loan documents required by ICICI Bank when availing a loan:

1. Common Documents

Identity proof: PAN/Voter ID/Aadhaar card
Address proof: Aadhaar Card/Passport/Driving licence

2. Additional Documents for Salaried Individuals:

Bank statements for the last six months
Salary slips for the previous three months

3. Additional Documents for Self-Employed Individuals:

Certificate & Proof of business existence
Form 16 / Income Tax Returns

How to Apply for an ICICI Bank Home Loan Online

To apply for an ICICI Bank Home Loan online on Bajaj Markets, follow the steps mentioned below:

Step 1: Fill in your personal and professional details, like age, income and nature of work, and check your ICICI Bank Home Loan eligibility instantly.
Step 2: Choose ICICI Bank as your lending partner from the list of partners available.
Step 3: Find out the maximum amount of ICICI Bank Home Loan you can borrow.
Step 4: Enter the loan amount you wish to borrow and mention the details of the property for which you are availing the loan.
Step 5: Learn more about the loan charges and the net amount that will be disbursed. Furthermore, a loan expert will then get in touch with you to process your application further.

Alternatively, you may apply for the loan by visiting the ICICI Bank website.

Now that you are familiar with some of the crucial features of this financing option, such as ICICI Bank Home Loan interest rates and eligibility criteria, you can easily apply for one today.

Also, check if any legal documents are required for an ICICI Bank Home Loan before proceeding with the loan application.

Home Loan Partners

Home Loan Quick Links

Government Schemes

ICICI Bank Home Loan FAQs

Yes, ICICI offers pre-approved home loans.

You can check the status of your ICICI home loan application using the ‘Track My Loan’ option. Enter your loan application and mobile number to check your home loan status.

Yes, a CIBIL score is mandatory when availing an ICICI home loan.

You can opt for a maximum tenure of 30 years.

Yes, you can apply for an ICICI joint home loan with your spouse.

Yes, ICICI bank can provide up to 90% home loan when you opt for a top-up during a balance transfer.

You must meet the specific eligibility criteria and submit relevant documents when availing an ICICI Bank Home Loan. Following the rules properly can help you get a loan at affordable ICICI housing loan interest rates.

Yes, you can avail tax benefits on the principal repayment of ICICI Bank Home Loan according to Section 80C of the Income Tax Act.

The current interest rate of the ICICI Bank Home Loan starts at 9% p.a. for an amount of up to ₹5 Crores. The rate you get also depends on your eligibility, credit score, tenure and other factors.