Home Loan Interest Rates
Interest rate on ICICI Bank Home Loans is linked to the ICICI Bank Floating Reference Rate (FRR/PLR). ICICI Bank FRR has been reduced by 50 basis points (i.e. 0.50%) with effect from June 04, 2009. Thus the FRR has been reduced from 13.25% to 12.75%. ICICI Bank PLR has also been reduced by 50 basis points (i.e. 0.50%) with effect from June 04,2009. Thus the PLR has changed from15.25% to 14.75%.
Accordingly, the Home Loan floating rate of interest has been reduced by 0.5% (50 basis points).
To know the impact of change in FRR on your existing Home Loan tenure, please use the Online Calculator.
Note: Processing & Administration Fees are for processing of home loan application and are non-refundable.
Above interest rate are subject to change.