ICICI Bank Land Loan

ICICI Bank Land Loan

You can now apply for ICICI Bank Land Loan to build your asset with land to use now or later.

Land Loans are funded for purchase of land for construction of residential/non-residential property. You can also avail funds for construction based on the construction cost estimate. The construction has to be completed within a period of two years from the date of availing the loan.

Land Loan Features

interest-rates construction high-tenure

Attractive interest rates

Construction loans

High tenure

Rate of interest same as Home Loans

Construction loans can be availed on land property

Tenure of up to 20 years available

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Eligibility Criteria for Land Loan


The eligibility criteria for you to avail ICICI Bank Land Loan depends on the following factors:


Loan type Land Loan
Loan Amount Rs 8 lakh – Rs 3 crore
Age Minimum: 25 Years
Maximum: 65 Years
Eligible profiles Salaried & Self-Employed
Tenure Up to 20 Years


Check Your Eligibility

Frequently Asked Questions (FAQs)

I want to purchase a land. However, I do not have any approved plans etc. for the construction. Can I still take the loan for the purchase of the land?

Yes, Land Loan can be taken for purchase of land without approved plans. Post completion of this transaction, you can take the estimate and other construction approvals.

Do I get income tax benefit on Land Loan?

No, there is no income tax benefit for Land Loans. The benefit is available only for Home Loans.

What is the maximum time available for starting construction on a purchased land?

The construction has to be completed within a period of 2 years from the date of disbursement of Land Loan.

I want to purchase a commercial land and construct a shop on the plot. Can I get a Land Loan for the same?

We have a separate product offering for the purchase and/or construction on a commercial or industrial plot for our self-employed customers. You can apply for the same under that program.

I am a builder, constructing a 2 storey, 2-unit house which will be sold as individual units. Can I avail a Land Loan and Home Loan for the construction of the house?

No, Land Loans are provided for construction of individual residential units for self-consumption only. It cannot be availed by a builder or for construction of multiple units for sale.

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