ICICI Bank Home Loan presents a unique offering where you get 1% Cashback on every EMI for the entire tenure of the loan. That means you can save over 
3,50,000 on a home loan of 50 lakh and a tenure of 20 years when you adjust this cashback against your principal.
3,50,000 on a home loan of 50 lakh and a tenure of 20 years when you adjust this cashback against your principal.Illustration
The 1% Cashback saves your money or effectively reduces your
home loan tenure.  Loan amount:  50,00,000 Interest rate: 10.50% Tenure: 20 years Total amount Paid (Principal + Interest) : 1,21,82,880 Benefits if Cashback taken: In ICICI Bank account: 1,19,806Adjustment against principal outstanding: over 3,50,000
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How 1% Cashback Works
| 1 | Apply for a new home loan or transfer your existing home loan to ICICI Bank |
| 2 | Set Auto debits for the EMIs from your ICICI Bank account |
| 3 | Choose mode Credit to ICICI Bank account or Adjustment against principal outstanding
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| 4 | First Cashback will be credited to your ICICI Bank account only after completion of first 36 EMI months. Subsequently, 1% Cashback will be credited after every 12 EMI months for the EMIs paid in the preceding 12 months |
