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ICICI Bank Home Loan Review|ICICI Bank Home Loan

ICICI Bank Home Loan

Introduction

ICICI Bank has designed home loan plans to suit your needs to lay foundation for your dream home. Bank has special offers such as attractive loan interest rates, home loan amounts to suit your needs, home loan repayment tenure up to 25 years and others. The bank even sanctions the approval without having selected a property. Further it gives free personal accident insurance cover and insurance option for home loan at very attractive premium.

ICICI Bank Home Loan Highlights

Interest Rate

12.75%

Loan Amount

Min. – Rs 200000
Max. – Rs 10000000

Tenure

Min. – 5 Yrs.
Max. – 25 Yrs.

Time to Process Loan

7 days

ICICI Bank Home Loan Interest Rates

Tenure

Interest Type

Interest Rate

Offer

15 – 20 Yrs.

Floating

11.25 %

10 – 15 Yrs.

Floating

11.25 %

5 – 10 Yrs.

Floating

11.25 %

1 – 5 Yrs.

Floating

11.25 %

15 – 20 Yrs.

Fixed

13.75 %

10 – 15 Yrs.

Fixed

13.75 %

5 – 10 Yrs.

Fixed

13.75 %

1 – 5 Yrs.

Fixed

13.75 %

Fees & charges

Processing Fee

0.5 %

Cheque Bouncing Charges

200 Rs

Late Payment Penalty

2 %

Cheque Swapping Charges

500 Rs

Document Retrieval Charges

500 Rs

Eligibility Criteria

Salaried

Salaried:

Annual Income

Rs 120000

Age

Min.: 25 Yrs. Max.: 55 Yrs.

Documents Required:

ID Proof

Yes

Residence Proof

Yes

Income Proof

Yes

Telephone

No

Photograph

Yes

Bank Statement

Yes

Signature Proof

Yes

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