Home Loan Features

Repo rate linked interest rates

Benefit from low EMIs with higher tenure

Young salaried professionals can avail higher eligibility on Home Loans

Online sanction in 5 simple steps

Need Assistance?

 

If you need more assistance, we are here for you. Here is how you can get in touch with us.

    Missed call number 9022499400

    Email us : customer.care@icicibank.com

Request A Callback

Please fill in these details, so we can call you back and assist you.

Planning to buy a property? ICICI Bank is here to help.

Home Loan Services

Make the journey towards your dream home

The journey towards your dream home begins with a few careful and well-planned steps

Read More

Popular FAQs

What is a home loan?

A home loan is essentially a financing option where funds are provided to an individual or an entity for the purchase, construction, extension, or renovation of a residential property.

How do I apply for a home loan?

You can apply for a home loan from ICICI Bank through our website (www.icicibank.com). Or, you could visit the branch of ICICI Bank that’s nearest to you to submit your application for a loan. To apply for a home loan, click here

What are the documents required to apply for a home loan?

To apply for a home loan, you need to submit documents such as a proof of identity, a proof of address, a loan application form that has been duly filled and your financial documents. To know more about this, click here.

What are the parameters for arriving at Home Loan eligibility?

We determine your eligibility after considering various factors, including your monthly income, your monthly financial obligations, your current age and your retirement age, among other things. To check if you’re eligible for our home loan, click here.

How is the Equated Monthly Instalment (EMI) for a home loan calculated?

The EMI is calculated on the basis of specific factors like the amount of the loan, its tenure and the rate of interest.

To calculate the EMI for your home loan, click here.

What do you understand by floating rate of interest in Home Loan?

A floating rate of interest is linked to a benchmark rate. As per guidelines of RBI, floating rate Home Loans from banks are linked to external benchmark rates. ICICI Bank’s floating rate of interest is linked to Repo Rate declared by RBI from time to time. So, rate of interest of your housing loan changes in line with the Repo Rate. As a result, the EMI or the tenure of your loan will increase or decrease, depending on the change in the rate of interest.

What is the meaning of a fixed rate of interest on a home loan?

A fixed rate of interest on a home loan means that the rate of interest does not change throughout the tenure of the loan. So, the EMI will also remain fixed.

Is there any tax benefit available on home loans?

Yes, you can claim the amount paid towards the repayment of the principal and the interest components as deductions in your income tax return. The limits on the amount deductible are governed by the applicable income tax laws.

Digital Banking

Advance. Innovative. Instant
  • Mobile Banking
  • Net Banking
  • WhatsApp Banking
Explore Digital Banking
#350+Services

Digital Banking

Advance. Innovative. Instant
Mobile Banking

Download
iMobile App

Click to Enlarge

Close icon

Download
Pockets

Click to Enlarge

Close icon
net Banking
whatsApp Banking

Welcome to the digital world where you can maximise your banking experience

Explore Now


Scroll to top

arrow
Quick Actions

Want us to help you with anything?
Request a Call back

This field is requiredOnly alphabetes are allowed
This field is requiredOnly alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM 786578956

Our executive will contact you shortly