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 0.5% on 1% on Feb 9, 2007. Consequently interest rate for all existing customers under Adjustable Rate Home Loans (ARHL) also went up by 1%. Subsequent to this change, as per recent announcement, the FRR / PLR has been further increased by 1% effective from March 31, 2007.The FRR has gone up from 11.75% to 12.75% and PLR has gone up from 13.75% to 14.75%.

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.