If you are looking for a helpful overview of ICICI Bank Home Loans, you have come to the right place. ICICI is one of the largest private sector lenders in India and is often a top choice for homebuyers due to its digital processing speed.
GST @18% applies on fees.
Borrowing costs and limits depend on financial background, employment type, and credit standing. Details & Limits 8.50% p.a. (Special rates for credit scores ≥is greater than or equal to Standard Floating Rates 8.50% to 9.80% p.a. (Varies by loan slab) Maximum Loan Tenure Up to 30 years Processing Fee 0.50% to 2.00% of the loan amount Prepayment Charges Nil for floating rate loans Maximum Loan Amount Up to ₹5 Crores (Based on repayment capacity) Key Features and Variants icici housing loan
| Feature | Details | |---------|---------| | | ₹3 Lakh – ₹5 Crore+ (higher for high-value properties) | | Tenure | Up to 30 years (or up to retirement age for salaried) | | Interest Rate Type | Fixed, Floating (linked to ICICI’s RLLR + spread) | | Processing Fee | Up to 1% of loan amount + GST (waived during promotions) | | Pre-payment | No penalty for floating rate loans (RBI mandate); fixed rate may have 2-4% charge | | Overdraft (MaxGain) | Yes – current account linked home loan with surplus deposit offset | If you are looking for a helpful overview