Benefits of ICICI Bank Home Loan Balance Transfer

Lower Interest rate with 30 year tenure
Attractive interest rates that maximise your savings

Top-up Loan
Avail a Top up Loan as per Eligibility

Quick Processing
Swift transfer of loan

Minimal documentation
Less number of documents for easy application
Need Assistance in Availing Balance Transfer?
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
Steps to Apply
Step 1
Provide your basic details along with loan requirement.
Step 2
Check your loan offer.
Step3
Confirm details and pay processing fees.
Step 4
Avail a provisional approval.
Step 5
Upload the documents.

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
- Aadhaar Card
- Proof of current residence
Income documents
Income Documents not required * Documents can be asked on a case to case basis
Other documents
- List of Documents from existing financier
- Repayment Track Record
- Bank Statement
Why choose Top-up LOAN WITH BALANCE TRANSFER?

You can avail of the Top-up Loan for personal or business needs

Fast processing with minimal documentation

Lower interest rate as compared to other cash-out loans

No additional collaterals are needed for loan approval
FAQ
The penalty for Home Loan balance transfer ranges between 2-5% as per the Reserve Bank of India (RBI) mandate.
A borrower can transfer a Home Loan multiple times. However, you can only do a Home Loan balance transfer after the lock-in period ends. The lock-in period usually ranges from 6-12 months.
You can apply for Home Loan Balance Transfer after paying EMI’s for 12-18 months on your loan. The minimum balance transfer amount is above Rs 15 Lakh. The minimum CIBIL score requirement is 700 for a Salaried, and 750 for Self Employed applicant
* On a case to case basis lower seasoning and CIBIL score can also be considered.