The interest rate on ICICI Bank Home Loans is linked to the ICICI Bank Floating Reference Rate (FRR)/PLR. As per earlier communication, FRR/PLR was increased by 0.75 % on June 30th 2008. Subsequent to this change, as per recent announcement, the FRR/PLR has been further increased by 0.75% effective from July 31st 2008. The FRR has gone up from 13.50% to 14.25% & PLR has gone up from 15.50% to 16.25%. For all the Adjustable Rate Home Loan customers, both the above changes will be effective from July 31st 2008.

To know the impact of change in FRR on your existing Home Loan tenure, please use the Online Calculator.

Note: Processing Fees and Admin Fees are for processing of home loan application and are non-refundable.