ICICI Bank Home Loan

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 @ 8.65%

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


Transaction Charges (when you pay EMI via cash deposit at any ICICI branch)


Document Retrieval Charges


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 Bank Home Loan With Other Partners

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

Name of the Financial Institution

Interest Rates (% p.a.)

Bajaj Housing Finance Limited

8.85% onwards

Home First Finance Company

9.50% onwards

LIC Housing Finance

8.65% onwards

PNB Housing Finance

8.75% onwards

Shriram Housing Finance

11.50% onwards

Shubham Housing Finance

10.90%  onwards

Union Bank of India

9.00% 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 repayment tenures ranging between 12-360 months and 12-240 months for salaried and self-employed applicants, respectively.

  • 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 also transfer your existing home loan balance from other lenders through the facility of balance transfer at comparatively nominal ICICI Bank Home Loan 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 from ICICI Bank are minimum, helping you avail a loan after the approval, without any delay.. 

Loan Amount
  • Months
  • Years
Rate of Interest

Your monthly EMI is

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount
Year Principal Interest Balance

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.


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ICICI Bank Home Loan FAQs

  • ✔️Does ICICI give pre-approved home loans?

    Yes, ICICI offers 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 the ‘Track My Loan’ option. Enter your loan application and mobile number to check your home loan status.


  • ✔️Does ICICI Bank check CIBIL scores for a home loan?

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


  • ✔️What is the maximum tenure I can opt for in an ICICI house loan?

    You can opt for a maximum tenure of 30 years.


  • ✔️Can I club my spouse’s income with mine and apply for an ICICI joint home loan?

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


  • ✔️Does ICICI Bank provide a 90% home loan?

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


  • ✔️What rules apply for a ICICI Bank Home Loan?

    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. 


  • ✔️Can I get tax benefits from an ICICI Bank Home Loan?

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