Hi dear readers, hope you are doing well, today we will know about How to get ICICI Bank Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.
If you want to join ICICI Bank Home Loan then this article is for you. If you do not have your own house and you want to fulfill your dream of home but you are short of money then you Home Loan can take. Friends as you know home loan comes under the category of secured loan.
With the amount received from the home loan, you can fulfill your dream of home. In this article, we will know what is ICICI Bank home loan, what is the interest rate of this home loan, how can we apply for this home loan etc. For this you are requested to read this article till the end.
How to Get ICICI Bank Home Loan 2024
Any person can take a home loan to build a house, to buy a house for home renovation. Home is a piece of heaven for us. It is the dream of every person to have a house of his own. ICICI Bank gives you attractive interest rate ICICI Home Loan provides.
The customer can get subsidy on home loan from this bank under the Pradhan Mantri Awas Yojana of the Government of India.
have to apply for ICICI Bank Home Loan. You can apply online or offline. home loan amount of the applicant CIBIL Score depends on factors like applicant ‘s income, age.
your income and your credit score, the higher the loan amount you can get. ICICI Bank With this, you can take a home loan for a period of up to 30 years. ICICI Bank Home Loan Interest rate starts from 8.10% p.a.
ICICI Bank home loan processing fee starts from 1.00%. ICICI Bank offers many types of home loans. You can do it for the home loan scheme for which you want to apply.
If you belong to ICICI Bank Personal Loan If you want to take advantage of this then you can click on this link ICICI Bank Personal Loan You can apply for personal loan by clicking on
Key Features of ICICI Bank Housing Loan
- Loan Name: I CICI Bank Home Loan
- Lending Bank Name: ICICI Bank
- Interest Rate : Starting from 8.10% pa
- Age Limit: Minimum 21 Years and Maximum 65 Years
- Processing Fee: Up to 1.00%
- Loan tenure: Up to 30 years
- Application Mode: Online / Offline
- Official Website: https://www.icicibank.com/
ICICI Home Loan Scheme
ICICI Bank offers a variety of home loan schemes. You can apply for the home loan scheme you want to take advantage of. Some of the home loans provided by ICICI Bank are as follows:
- Prime Minister’s Housing Scheme(PMAY)
- ICICI home loan balance transfer
- Home improvement loan
- ICICI Home Loan Top Up
- ICICI Land Loan
Interest Rate of ICICI Bank Home Loan 2024
ICICI Bank housing loan interest rates start from 8.10% p.a. If you are an existing customer of the bank and your CIBIL score is very good then you can get home loan at attractive interest rate.
Before taking a personal loan, we should Personal Loan Interest Rate Similarly, before taking a home loan, we need to know about Home Loan Interest Rate It is necessary to have information about If you apply for that loan without knowing the correct interest rate of the loan, then you may have to face problems at the time of repayment of the loan.
ICICI home loan interest rates are given here. You can understand more from this table:
For Salaried person:
| Slab | Floating Interest rates |
|---|---|
| Up to ₹35 lacs | RR + 2.70% (8.10%) – RR + 3.45% (8.85%) |
| ₹35 lacs to ₹75 lacs | RR + 2.70% (8.10%) – RR + 3.45% (8.85%) |
| Above ₹75 lacs | RR + 2.70% (8.10%) – RR + 3.55% (8.95%) |
For Self Employed Person:
| Slab | Floating Interest rates |
|---|---|
| Up to ₹35 lacs | RR + 2.80% (8.20%) – RR + 3.60% (9.00%) |
| ₹35 lacs to ₹75 lacs | RR + 2.80% (8.20%) – RR + 3.60% (9.00%) |
| Above ₹75 lacs | RR + 2.80% (8.20%) – RR + 3.70% (9.10%) |
Benefits and Features of ICICI Bank Home Loan
- Any individual salaried person and self employed (self -employed) can apply for this home loan.
- You can take a home loan to build a house, buy a house or renovate a house.
- ICICI Bank Housing Loan Interest rates start from 8.10% p.a.
- You can take home loan from ICICI Bank on both fixed and floating rates.
- You can prepay the home loan. You do not have to pay any prepayment charges on the floating rate.
- Home loan is provided to the existing customers of the bank with less documentation and faster application process.
- home loan depends on factors like applicant’s age, income and his/her CIBIL score.
- This bank provides you the facility to transfer your home loan to ICICI Bank.
- You can take ICICI Bank Home Loan for a longer tenure of 30 years.
- Can apply for ICICI Home Loan offline by visiting the bank’s official website online or by visiting your nearest bank branch.
- ICICI Bank offers many types of home loans such as Pradhan Mantri Awas Yojana, Top Up Loan.
- ICICI Bank Home Loan The EMI per lakh starts from ₹ 649.
- Before taking home loan ICICI Home Loan Calculator 2023 Calculate your home loan EMI by using
- You can check your eligibility by using ICICI Home Loan Eligibility Calculator.
- Can check the status of your home loan by taking advantage of the bank’s TrackMyLoan facility.
- ICICI Bank offers home loan rates linked to external benchmark repo rate.
- Salaried individuals can get the approval of ICICI Bank Housing Loan immediately.
- Can also apply for home loan by making a missed call on the bank’s helpline number 9022499400.
ICICI bank home loan charges
Here you will get information about the processing fee charged by ICICI Bank on home loan. You can see it in the table given below:
| Home Loan Scheme | processing fee |
| Home improvement loan | to 0.25%, Maximum ₹ 5,00 0 |
| ICICI home loan balance transfer | to 0.50%, Minimum ₹ 3,00 0 |
| ICICI Home Loan Top up | Up to 0.50% Maximum ₹ 5,00 0 |
| ICICI Land Loan | up to 1.00% |
ICICI Bank Home Loan Documents Required
Before applying for a home loan, you should collect all your documents in one go. To apply for ICICI home loan, you need to submit the following documents :
- Passport size photo
- Identity Proof: PAN Card / Voter ID Card / Driving License / Passport
- Address or Residence Proof: Copy of Telephone Bill / Electricity Bill, Water Bill, Gas Bill, or Aadhar Card, Passport, Driving License
- property papers
- Bank account details of all the bank accounts held by the applicant for the last six months
- Loan account statement for the last one year if any loan has been taken before from any other bank or any other lender
- Income Proof for Salaried: Salary certificate or salary slip for the last three months, copies of Form 16 for the last two years, a copy of the IT returns of the last two financial years which are accepted by the Income Tax Department.
- Income Proof for Self Employed: Address Proof of Business, Income Tax Return of last three years, Balance Sheet and Profit and Loss Account for last three years, Business License Statement, TDS Certificate or Form 16A
- Self-employed professionals like CAs or doctors are also required to submit a certificate of eligibility.
ICICI Home Loan Eligibility
If you are eligible for ICICI Home Loan then only you can apply for it. If you fulfill all the conditions of the bank, then your loan is approved in a very short time. You can check your eligibility using the eligibility calculator by visiting the official website of ICICI Bank :
- Any person whether he is a salaried person ( salaried person) or self employed (self -employed ) can apply for this home loan.
- Salaried person age should be 21 to 60 years.
- Age of self employed person should be 21 to 65 years.
- You can further enhance your eligibility by adding a co-applicant to your home loan.
- Home loan eligibility is calculated after considering various factors including monthly income, fixed monthly liabilities, present age, retirement age etc.
How to Apply ICICI Bank Home Loan ?
If you fulfill all the eligibility of the bank’s home loan then you can apply for this loan. You can apply both online and offline. First of all let us know how we can apply for this home loan online.
ICICI Home Loan Online Apply
follow the steps given below :
- First of all you have to visit the official website of the bank https://www.icicibank.com/.
- On the home page of the website, you will see the option of Home Loan, click on it.
- After clicking, all the information related to home loan will come in front of you on the next page.
- You have to read this information carefully, after that click on Avail Home Loan Now option.
- On the next page, you will see two options – one for Existing Customer and the other for New Customer.
- have to select any one option as per your convenience.
- After clicking, a form will open in front of you on the next page. All the information asked in the form has to be entered correctly and click on proceed option.
- submitting the form, the bank will contact you and verify your documents.
- After all the home loan process is done, the loan amount will be transferred to your bank account.
How to apply offline ?
If you do not want to apply online then you can also apply offline. To apply offline, follow the steps given below :
- First of all you have to go to your nearest bank branch.
- By going to the bank, you have to contact the bank official and tell them that you want to apply for home loan.
- The bank will provide you all the information related to the home loan.
- After that your CIBIL score will be checked and your documents will be checked.
- documents, the bank will inform you about the loan amount up to which you are eligible.
- If you fulfill all the conditions of the bank, then the loan process will be carried forward.
- After all the home loan process is done, the loan amount will be transferred to your bank account.
How to Check ICICI Home Loan Application Status ?
If you have applied for home loan then you can check your home loan status online. To check the status of your application, follow the steps given below :
- For this you have to first go to the official website of the bank.
- On the home page of the website, click on the option of Home Loan.
- On the next page, you will see the option of Track Loan Status, click on it.
- A form will open in front of you. In this, you can track the status of your application by entering the application number and mobile number.
EMI Calculator of ICICI Bank Home Loan
Should calculate your EMI before applying for a home loan. Since you do not calculate the EMI of your loan and you take a home loan of higher loan amount, then you may have to face difficulties in repaying this loan. To calculate EMI, follow the steps given here:
- First of all, you need to visit the official website of ICICI Bank.
- After that click on the option of home loan.
- on the next page you Home Loan EMI Calculator An option will appear, click on it.
- calculator will open in front of you. In this calculator, you can calculate the EMI of your home loan by selecting Home Loan Amount, Interest Rate and Loan Tenure.
ICICI home loan customer care number
If you are facing any kind of problem in taking home loan then you can contact on ICICI Bank home loan customer care number.
- ICICI Bank Customer Care Toll-Free Number 24X7 – 1860-120-7777 / 1800-103-8181
- ICICI Bank Home Loan Compliance Contact Number- 022-26538027.
FAQ’s
Q. What is ICICI Bank Home Loan ?
Ans. When a person takes a loan to build a house, buy a house or renovate a house, it is a home loan.
What is the interest rate of ICICI Bank Housing Loan ?
Ans. The interest rate of this home loan starts from 6.75% per annum.
Q. Who can apply for ICICI Home Loan ?
Ans. Any person in the age group of 21 to 65 years can apply for this loan.
Q. How can I close my ICICI Home Loan ?
Ans. You can contact by visiting your nearest ICICI Bank branch.
How to apply for ICICI Bank Home Loan ?
Ans. Complete information about applying for this loan is given in this article. You can apply for this loan by reading this article.
Q. How much home loan can be taken from ICICI Bank ?
Ans. The maximum loan amount the applicant can get is based on his repayment capacity.
Q. What is the loan tenure of ICICI Bank Home Loan ?
Ans. up to 30 years
My Final Word:
Any person to buy a house, build a house or renovate a house ICICI Bank Home Loan can take In this article, we have provided you complete information about ICICI Bank Housing Loan.
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