A Home Loan Balance Transfer facility lets you shift your outstanding Home Loan balance from your existing bank to a new lender, which is offering a lower interest rate. The facility ensures that the Home Loan aspects offered by the new lender match your repayment capabilities and goals.
If you have been looking for ways to save for your future, you can switch to the ICICI Bank Home Loan Balance Transfer option. This is a smart move, as it allows you to move your Home Loan outstanding balance to ICICI Bank at a repo rate linked attractive rate of interest.
ICICI Bank Home Loan Balance Transfer is available to everyone who wishes to bring down the debt burden, plus you can experience a host of Balance Transfer Loan offers. ICICI Bank offers an online Balance Transfer facility that you can apply for, right from the comfort of your home.
If you are an existing ICICI Bank customer, check your Pre-approved Balance Transfer offer and get instant sanction of your Property Loan.
Features and benefits
Taking advantage of a lower interest rate is one of the reasons why you may be tempted to opt for the transfer of your Home Loan. However, there are many Balance Transfer benefits offered by ICICI Bank, to help you settle your outstanding loan balance easily, without worrying about finances.

Lower EMIs
Switch to easy EMI to enhance your savings.

Maximum Tenure Option
With an ICICI Bank Home Loan Balance Transfer facility, you can easily opt for a maximum repayment tenure of up to 20 years

Qualify for Top-up Loan
Provision of a Top-up Loan on the existing Home Loan to fund personal or professional financial requirements

Online Home Loan sanction facility
The ICICI Bank Home Loan Balance Transfer is a smart financing option that you can apply online.

Quick Sanction
An online Home Loan Balance Transfer enables a swift transfer of the outstanding loan balance
Documents
It is quite easy to apply for an ICICI Bank Home Loan Balance Transfer. All you need to do is submit the below list of balance transfer documents, to ensure quick processing and approval of the loan facility:
KYC documents
- Pan Card
- Aadhaar Card
- Proof of residence.
Income documents
- Salary slips and Form No.16 for the salaried
- Last three years’ income tax returns, along with financials for salaried, self-employed and professionals
- Last 6 months’ Bank Statements.
Other documents
- Latest Principal Outstanding letter
- List of documents from the existing financier
- Repayment Track Record.
How to apply
You’re just four simple steps away from benefiting a reduced monthly instalment and growing your savings. Here’s how you can apply for an online Balance Transfer?
Home Loan Balance Transfer Calculator
Check out your total savings on monthly payments and see the comparison of how much you can save.
Reduce your monthly instalments and save for the future
Reduce your tenure and settle your loan in less time
Avail of maximum tenure with reduced monthly instalments
Save money with decreased monthly instalments
Why Balance Transfer is a Smart Choice?

Minimal documentation
Reduced number of documents for easy application

Quick processing
Swift transfer of loan

Interest rate with 20-year tenure
Attractive interest rates that maximise your savings

Attractive interest rates that maximise your savings
Get Top-up Loan upto 100%* of original loan amount

You can avail of the Top-up Loan for personal and professional needs

Minimal documentation process for application and approval of loans

No additional collaterals are needed for loan approval

Simple and swift process for urgent funds with reduced EMI benefits

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