Icici Bank Home Loan

ICICI Bank Home Loan

Right Document : Easy Process

Required Documents to Apply for ICICI Bank Home Loan

Salaried income documents

KYC of applicant & Co-Applicant
Last 3 Month Salary Slip of Applicant
Last 12 month Bank Statement of applicant & co-applicant
Last 3 year ITR with computation of income of applicant & co-applicant
Last 2 Year Form 16 of applicant
26AS of last 2 year of applicant & co-applicant
Appointment letter of applicant if available
Agreement to Sale if purchase case
Property Paper with complete chain of last 13 years
Approved MAP of Property if available
LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
Sanction letter of all running loan
Latest utility Bill if owned residence or rent agreement if rented
2 Reference with contact details

Self Employed person documents

KYC of applicant & Co-Applicant
Last 3 year ITR with computation of income of applicant & co-applicant
Last 3 year audited balance sheet of applicant
Last 3 year Tax audit report of applicant
Last 12 month Bank Statement of applicant & co-applicant
26AS of last 2 year of applicant & co-applicant
Copy of GST registration
Copy of MSME registration
Copy of Last 12 month GST return
Agreement to Sale if new purchase case
Property Paper with complete chain of last 13 years
Approved MAP of Property if available
LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
Sanction letter of all running loan
Debt Sheet
Latest utility Bill of residence if owned or rent agreement if rented
Latest utility Bill of Office if owned or rent agreement if rented
2 Reference with contact details
Last 3 year Debtors & Creditors on letter head
List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means
If Applicant is

Company-MOA, AOA, COI , PAN Card
Partnership Firm/LLP- Partnership Deed & PAN Card
Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo

For Co-Applicant

KYC means Adhaar Card, PAN Card, Passport Size Photo

Co-Applicant means in case of

Company : Directors
Partnership firm/LLP : Partners
Proprietorship Firm : Spouse of Proprietor

2. If LAP is applied with Government Bank then 30 year chain is required
3. If applicant is professional, then his professional degree is required

About ICICI BANK Home Loan

The ICICI Bank Home Loan is a one-stop solution for your dream home. Whether you want to buy or build a new home, they have various products to suit your needs. For a term of up to 30 years, ICICI Bank provides home loans that are affordable and have competitive interest rates. Through ICICI Bank Express Home Loan, a self-service digital platform, non-ICICI Bank customers and Non-Resident Indians (NRIs) may apply for a home loan online and receive a digital sanction in 5 easy steps. Additionally, due to minimal documentation, ICICI Bank can make your journey to get a home loan much easier. So, if you want to get a home loan that suits your needs, then look no further than ICICI Bank Home Loans. Let’s move ahead and discover more about their Home Loans.

Different types of Home Loans from ICICI Bank

30 Year Home Loan

30 Year Home Loans offers you the facility of tenure extension. An extended tenure improves your eligibility for a home loan, enabling you to obtain a larger loan amount with lower EMIs. Salaried employees from the eligible list of organizations are eligible for 30 Year Home Loans.

Money Saver Home Loan

With a Money Saver Home Loan, you can reduce the interest charged on your home loan by avoiding paying interest on the premium. Your Home Loan Account functions as a Money Saver Account under this plan, into which you deposit funds or savings, bonuses, increments, etc.

Home Loan Balance Transfer

You can transfer your outstanding home loan balance from your current bank to a new lender that is giving a cheaper interest rate via a home loan balance transfer option. The facility ensures that the home loan features provided by the new lender align with your repayment goals and capabilities.

Top-up Home Loan

With the addition of an overdraft facility, you can now apply for a top-up on your current home loan and use the money to pay for various needs such as, home improvements, wedding costs, business development, funding for your child's further education, and other personal needs. If you already have a home loan with us, applying for a top-up loan is easier, less stressful, and requires less paperwork.

Step-up Home Loan

You can now own your dream home at a young age with ICICI Bank Step Up Home Loans. A product for young salaried professionals, the ICICI Bank Step Up Home Loan allows you to borrow more money than you would otherwise be eligible for under standard home loans.

Home Improvement Loan

For your dream home, ICICI Bank Home Improvement provides a limitless array of interior design options. With the help of our design partners, you can redesign your home very easily. For renovation, you can get the support of Livspace's thorough research, technical expertise, and creative judgment.

Land Loan

With ICICI Bank Land Loans, you can expand your holdings. Get a loan for land at the same rate as one for a home.

Home Overdraft

The ICICI Bank Home Overdraft offers a one-stop solution for all of your financial needs. It is a long-term, multipurpose facility that allows you to quickly access money to cover both anticipated and unforeseen needs.

Work Process

Start with ICICI Bank Home Loan in few steps

If you are planning to apply for a home loan at ICICI Bank Home Loan there are certain details that you should be aware of, Let’s discuss

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Rate of Interest on ICICI Bank Home Loan

For Salaried Individuals

Slab	Floating Interest Rates
Up to ₹35 lacs	RR + 2.70% (8.10%) - RR + 3.45% (8.85%)
₹35 lacs to ₹75 lacs	RR + 2.70% (8.10%) - RR + 3.45% (8.85%)
Above ₹75 lacs	RR + 2.70% (8.10%) - RR + 3.55% (8.95%)

Rate of Interest on ICICI Bank Home Loan

For Self Employed

Slab	Floating Interest Rates
Up to ₹35 lacs	RR + 2.80% (8.20%) - RR + 3.60% (9.00%)
₹35 lacs to ₹75 lacs	RR + 2.80% (8.20%) - RR + 3.60% (9.00%)
Above ₹75 lacs	RR + 2.80% (8.20%) - RR + 3.70% (9.10%)