ICICI Loan Against Property Balance Transfer Eligibility Criteria

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✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.99%


ICICI Bank Loan Against Property Balance Transfer allows you to transfer your present loan debt to ICICI Bank from other banks or NBFCs (Non-Banking Financial Companies). At appropriate interest rates starting from 10.60% p.a., the service is available. Balance transfer facility available on Finserv MARKETS, lets you pay off your current loan at lower interest rates with a single loan account. Even a top-up loan can be accessed with the balance transfer facility.

ICICI Bank Loan Against Property Balance Transfer Eligibility Criteria

To assess the eligibility of a prospective applicant for mortgage loans, ICICI has detailed requirements. Some of the essential parameters are:

Eligibility Criteria



23 to 60 years (for salaried applicants)

23 to 65 years (for self-employed applicants)

Minimum Income

₹ 25,000

Loan Amount

₹ 5 Cr

Minimum years of business existence

2 years

Minimum CIBIL Score


Loan to Value Ratio

Up to 60%

One of the essential variables for evaluating your eligibility is age. ICICI Bank provides loans from the age of 23 to salaried and self-employed individuals. Any person who receives a loan at the age of 23 can obtain a loan of up to 15 years, thereby reducing the service burden on his current income and thereby improving his eligibility for the loan amount.


Repayment histories of previous loans and credit cards have an effect on the eligibility of your loan. You can find it hard to get a loan if you have a bad repayment record. Not only does a regular repayment record boost your chances of receiving a loan, but it also improves your eligibility for the loan. With a CIBIL score of 700 and above, ICICI Bank grants loans to borrow

Documents Required to Apply for ICICI Bank LAPBT

  • 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 (applicable for salaried applicants)

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

  • Form 16 / Income Tax Returns

  • Property Documents

  • Passport size photo

For a better loan deal, the loan balance transfer facility enables you to pay lower monthly payments on your current loan with lower interest rates.