Personal ›Products ›Loans ›Home Loan

Home Loan

Buying a house is a dream for many and involves a lot of financial planning. ICICI Bank Home Loans makes it simpler for those who want to realise this dream.

We at ICICI Bank Home Loans offer you Home Loan solution and information to either purchase/construct a new home, or renovate an existing one.

For details, give us a missed call on 8100881008

Check your Eligibility Calculate your EMI Home Loan finder

Home Loan Finder

Features and Benefits of Home Loan

Trackmyloan Application

Track the exact status of your loan application

Enjoy low EMI

Get low EMI with loan tenure of up to 30 years

PMAY

Subsidy benefits for first-time home buyers

Types of Home Loans

Pradhan Mantri Awas Yojana (PMAY)

Affordable Home Loans at subsidized interest rates with Pradhan Mantri Awas Yojna

KNOW MORE

Home Loan Balance Transfer

Get Instant Sanction on your Pre Approved Balance Transfer offer in just 3 simple steps

Know More

Instant Home Loan Approval

Get Home Loan sanction letter in few seconds, offer exclusive for salaried customers

Know More

Things to Consider Before Buying A House

The journey towards your dream home

Flying to your new place every day seems like an exciting way to live. But even birds need a place to come to a nest of their own.

We understand how critical it is to choose the right home and how important it is to you and your flock. That is why we are here to help you to build your dream nest.

Home Loan Services

Affinity Banking

Access all your ICICI loan products

Request A Callback

Need Assistance?

Leave your details or give missed call to below number and we will get back to you

Missed call number 8100881008

Email us : customer.care@icicibank.com

Frequently Asked Questions (FAQs) for Home Loan

How do I apply for a Home Loan?

You can apply for ICICI Bank Home Loan through our website www.icicibank.com or visit the nearest ICICI Bank branch.

How is Equated Monthly Instalment (EMI) of Home Loan calculated?

Banks and financial institutions, in general, calculate Equated Monthly Instalment (EMI) of a Home Loan through a common mathematical formula. Hence, EMI is calculated basis loan amount, tenure and interest rate. Bank will take the outstanding loan amount at the end of each month and multiply it by the interest rate that applies to your loan, then divide that amount by 12. To calculate Home Loan EMI, click here.

What is a Home Loan?

Funds provided to an individual / entity for purchase construction extension or renovation of a residential property is called a Home Loan.

What are the documents required for applying for a Home Loan?

Documents required for applying for Home Loan are loan application form, address proof, identify proof and your financial documents. To know more, click here.

What are the parameters for arriving at Home Loan eligibility?

Home Loan eligibility is calculated after considering various factors including monthly income, fixed monthly obligation, current age, retirement age, etc. Your Home Loan eligibility can also be considered as an indicator of your Home Loan affordability. To check your eligibility, click here.

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

Under floating rate of interest, loans are linked to benchmark rate. Hence, whenever bank increases or decreases the benchmark rate, the interest rates of the loans will fluctuate and accordingly the EMI or tenure of the loan will increase or decrease.

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

A fixed rate of interest on a loan would mean that the interest rate of the loan would remain fixed throughout the tenure of the loan and hence, the EMI of the loan would remain fixed.

Is there any tax benefit available on Home Loans?

Yes, you can claim deductions in your income tax return against principal and interest payments that you make towards repayment of your Home Loans. The type and amount of income tax deduction available against repayment of Home Loan is governed by applicable Income Tax Laws of Government of India.

5 different types of Home Loans in India

With the rising real estate prices in India, a Home Loan is the only way through which most people fulfil their dream of buying a home.

KNOW MORE

Benefits on Home Loan for women

As a woman, if you apply for a Home Loan as a sole owner or a co-applicant, you can avail of a range of benefits on that loan. Read further to know more.

KNOW MORE

Why Should You Opt For Instant Home Loan Top-Up

For many people, buying a house is akin to a dream come true. After paying a hefty down-payment, they settle into paying Equated Monthly Instalments (EMIs) that turn their dream into reality.

KNOW MORE

view all Home Loan blogs

Customer Reviews

Write a review

Sort By

All All Most Helpful

Best Services!

by Abhinav Verma on Sep 14, 2020

Really appreciate the support received during covid situation from FD team. They really helped me by answering all my questions related to FD I have with ICICI team.Great support. FD interest rate is really very attractive & I am happy with the service.

1366 People found this review helpful. Was this review helpful? Yes

Excellent Service!

by Rashmi Anturekar on Sep 14, 2020

I have FD with ICICI since last one year. Really appreciate the service provided by them as well as timely answering all the calls and resolving queries.Specially in this Covid situation, this FD acted as an emergency fund and bank really guided me well.

1396 People found this review helpful. Was this review helpful? Yes

Home Loan

Home Loan Finder