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Features and benefits of Home Construction Loans:
Long Tenure
Track your loan status online
Minimal documentation
Loan in the form of an Overdraft facility
Eligibility Criteria for Home Construction Loan
| Criterion | Details |
|---|---|
| Profession | Both salaried and self-employed individuals are eligible for a Home Loan |
| Income |
|
| Age | 21 years - 70 years |
| Loan Amount | No upper cap, loan amount sanctioned depends on your eligibility. You can apply for a Home Loan of up to ₹ 5 crore while applying online |
| Nationality | Indian citizen |
Home Construction Loan FAQs
What is the difference between a Home Loan and a Construction Loan?
A Home Loan is used for already constructed properties, whereas a Home Construction Loan is designed for individuals who have an interest in constructing their house as per their needs on already owned land.
How much loan amount can I borrow through a Home Construction Loan?
There is no stipulated limit on the amount you can take through ICICI Bank Home Construction Loan. The loan amount would be calculated as per your profile, CIBIL score, income documents and other factors.
Your dream home is just a few clicks away!
With Digital Home Loans from ICICI Bank.
