Loan Against Property Fees & Charges

Following are all the fees and charges applicable while availing the loan

Charges and Fees

Loan type Loan against property
Loan Processing Charges / Renewal Charges 1.00 % + AT*
CIBIL Report Charges Rs. 50 + AT*
Administrative Charges Rs. 5000 + AT* or 0.25% + AT (whichever is lower)
ICICI Group NIL

NOTE: AT* - Applicable taxes

Pre-Payment Charges

Types of Pre-Payment Charges Charges
Floating Rate of Interest 4% + Applicable charges
Fixed Rate of Interest 4% + Applicable charges

NOTE:

  • Pre-payment charges mentioned above are applicable on full repayment of loan
  • Applicable only for Non-Individual borrowers(Private Ltd , Public Ltd ,Partnership Firms , Proprietorship firms , HUF)
  • Nil charges on part pre-payment of the loan
  • Charges will be calculated on the principal outstanding on the loan closure date
  • If the borrower/s makes full prepayment within one year of part prepayment , the full prepayment fees shall be applicable on amount prepaid to foreclose the loan and on all amounts tendered by the Borrower/s towards prepayment of the facility during the last one year from the date of final prepayment

Conversion Charges

Floating to Floating Dual Fixed Rate to Floating Floating to Dual Fixed Rate Lifetime Fixed to Floating
0.5 % of the Outstanding + applicable taxes 0.5 % of the outstanding + applicable taxes 0.5 % of the outstanding + applicable taxes 1.75 % of the outstanding + applicable taxes

Other Charges

Repayment Mode Swap Charges Rs. 500
Documents Retrieval Charges Rs. 500
Cheque / AD / ECS / Bounce Charges Rs. 500
Duplicate No Objection Certificate / No Due Certificate Rs. 100
Revalidation of No Objection Certificate Rs. 100
Late payment chargers - Home Loan 2 % Per Month

Request A Callback

OR

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

Customer Reviews

Sort By
knowing iWish
by Menoka Chatterjee on Aug 19, 2019

Very very interesting. Perhaps the only bank offering this amazing flexibility.

Load More