Home Loan Interest Rates

Other charges

• Processing/ Administrative fees: 0.5%+service tax of loan amount
• It should be a single cheque in INR only, dated DD/MM/YYYY format payable to "ICICI Bank Ltd AF for HL A/C of " to be given at the time of application
• Rates are applicable for the current month only, rates are revised on a monthly basis

Description of Charges	Home Loan Charges
Prepayment Charges	No prepayment charge on Floating Rate Home Loan irrespective of the source of fund 2% of the outstanding loan amount plus applicable service tax and surcharge on fixed rate home loan and Home plus loan 4% of the outstanding loan amount plus applicable service tax and surcharge on Loan against property, Lease rental discounting and Non residential premises For one year, two year and three year fixed rate loan the prepayment charge is 2% of the outstanding loan amount plus applicable service tax and surcharge till the time loan is under fixed rate. Once loan moves into floating rate there would be no prepayment charge irrespective of the source of fund
Solvency Certificate	NA
Charges for late payment (loans)	Home Loan: 2% per month Home OD: 1.5% of the outstanding amount subject to minimum of INR 500/- & Maximum of INR 5000/-
Conversion charges for home loan	Floating to Floating 0.5% of the principal outstanding plus applicable taxes Dual fixed rate to Floating 0.5% of the principal outstanding plus applicable taxes Floating to Dual fixed rate 0.5% of the principal outstanding plus applicable taxes Life time fixed to floating 1.75% of the principal outstanding plus applicable taxes
Cheque Swap Charges	INR 500/-
Document Retrieval Charges	INR 500/-
Cheque bounce charges	INR 200/-

Note : Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges.