ICICI Home Loan

Avail ICICI Home Loan from Finserv MARKETS with 90% of the property value as a home loan with interest rates starting at 7.60% p.a. with a maximum repayment tenure of 30 years.

ICICI Bank Home Loan Details

ICICI Housing Loan Interest Rate 2022

ICICI Home Loan Features & Benefits

• Flexible Repayment Tenure: Enjoy flexibility in repayment tenure that ranges between 12-360 months for both salaried and self-employed applicants.

• Low Interest Rates: You can avail Home Loan at attractive ICICI Home Loan interest rates starting from 7.60%.

• Balance Transfer Options: You can also transfer your Home Loan balance through the facility of balance transfer at a low rate of interest.

• PMAY benefit: Get an Interest subsidy benefit of up to ₹2.67 Lakhs on your Home Loan.

ICICI Bank Home Loan Eligibility

• As a salaried applicant, your age must be between 23-60 years. As a self-employed applicant, your age must be between 23-65 years.

• The net monthly income should be at least Rs. 25,000 for salaried applicants.

• The minimum PAT (Profit After Tax) should be at least Rs. 25,000 for self-employed applicants.

• You must have a work experience of at least 1 year if you are a salaried applicant. As a self-employed applicant, your business must have a vintage of 2 years at least.

Check your ICICI Home Loan Eligibility Criteria

Documents Required for ICICI Housing Loan

• Identity Proof: PAN/Voter ID/Aadhaar Card

• Address proof: Aadhaar Card/Passport/Driving License

• Bank statements of last 6 months

• Salary slips of last 3 months (for salaried applicants)

• Certificate & Proof of business existence (for self-employed applicants)

• Form 16 / Income Tax Returns

ICICI Bank Home Loan EMI

You can calculate your ICICI Home Loan EMI (Equated Monthly Installment) through the formula given below:

ICICI Housing Loan EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

where,

• EMI is Equated Monthly Installment,

• P is the principal amount,

• R is the monthly rate of interest, and

• N will be the ICICI Home Loan repayment tenure (in months).

Alternatively, you can also use your Home Loan EMI Calculator tool on Finserv MARKETS.

How to Apply for ICICI Home Loan Online?

Here is a step by step process of applying for ICICI Bank Home Loan:

• Step 1: Enter Personal Details - Fill in your personal and income details and get instant home loan eligibility.

• Step 2: Choose your Lending Partner - Select ICICI Bank from the list of partners and get going.

• Step 3: Estimate Borrowing Power - Find out the home loan amount you could possibly avail.

• Step 4: Mention Requirement & Property Details - Enter your required home loan amount & details of property.

• Step 5: Unlock Final Details - Find out your loan details along with all the charges and net disbursal amount. Post this, a loan expert will connect with you to process your application further.

ICICI Home Loan Schemes

• Regular home loan: This is your regular home loan that borrowers avail to purchase a newly constructed property or a resale flats. You can avail funding and repay it over the course of 30 years.

• Express home loan: If you want to avail the funding for the home of your dreams quickly, you can go for an express home loan. You can avail an ICICI Express Home Loan in five simple steps once you submit all of the required documents online. At the end of the process, you will receive a provisional sanction letter that you can use to avail the home loan.

• Land loans: If you want to purchase a plot of land on your own and build a house on it later, you can get a land loan. You will be charged the same interest rate on the land loan as you would be in the case of a regular home loan.

• Extraa Home Loans: Extraa Home Loans is a form of balance-top up facility that will allow you to avail an additional 20% over and above your original sanctioned regular loan amount. In addition to the same, once you avail this facility, you can repay the total amount until 67 years of age.

• NRI Home Loan: As the name suggests, this home loan is for you if you are a Non Resident Indian (NRI). Some of the facilities you can avail if you apply for an NRI home loan is doorstep service until the disbursal of your loan, the option of getting to choose from properties that have been approved for funding and the facility of choosing between fixed and floating rate system.

Why Choose Finserv MARKETS for a ICICI Home Loan

• Fast Online Process: Now get an online home loan with easy approval and disbursal process.

• Minimal Documentation: Get the best home loan offers hassle-free, without any tedious paperwork.

• Transparency Guaranteed: No hidden charges, no dubious policies, just 100% transparency.

• Custom-made Loans: Finance your dream home with easy home loans designed to meet your specific requirements.

• Trusted Companion: Customers across the country have sought financial enablement from us. Give us a chance and we won’t let you down.

ICICI Home Loan Customer Care

One can reach out to ICICI Bank regarding home loan queries or grievances through the customer care numbers that have been mentioned below:

• Delhi: 011 33667777

• Mumbai: 022 33667777

• Kolkata: 033 33667777

• Chennai: 044 33667777

• Customers Traveling Overseas: +91-40-7140 3333