ICICI Bank Home Loan

CIBIL Score

• A good credit score of 700 and above

Required Documents

• Individuals: dentity Proof & Address Proof of Individuals: Aadhaar/Passport/Driving License/Voter ID/National Rural Employment Guarantee Act (NREGA) Card/Letter from the National Population Register (NPR) containing details of your name and address.
• DOB Proof: Passport/Driving License/Voter ID/NREGA Card/Letter from the NPR containing details of your name and address.
• Address Proof: GST Certificate/Business Registration Certificate/Gumastaa License/Udhyam Registration Certificate/Bank statement (not to be considered for entity proof)/Utility Bill/ITR/Rent Agreement with utility bill within 2 months.
• Non-Individuals (Entity): Identity Proof: Registration Certificate including Udyam Registration Certificate (URC) issued by the Government/Certificate/License issued by the municipal authorities under Shop and Establishment Act/Sales and Income Tax returns/CST/VAT/GST Certificate/Certificate/Registration document issued by Sales Tax/Service Tax/Professional Tax authorities/ IEC (Importer Exporter Code) issued to the proprietary concern by the office of the Directorate General of Foreign Trade (DGFT)/License/Certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute/Complete Income Tax Returns (not just the acknowledgement) in the name of the Sole Proprietor where the firm's income is reflecting, duly authenticated/acknowledged by the Income Tax authorities/Utility bills such as electricity, water, landline telephone bills etc.
• Proof of Income Bank account statements for the previous 6 months or Latest Form 16 or Income Tax Returns
• Processing fee cheque in favour of the bank
• Duly filled loan application form with passport size photographs

Loan Processing Charges

• The processing fee is 0.50% of the loan amount, plus applicable taxes

Features

• ICICI Bank offers up to Rs 5 crore* Home Loan online, providing ample financing options for diverse housing needs.
• Our streamlined documentation process liberates you from excessive paperwork, accelerates approval and amplifies convenience for applicants.
• Enable confident home purchases with no delays, streamlining the buying process.
• Our Home Loan offers flexible tenure and repayment options, allowing borrowers to choose a schedule that suits their finances and preferences for affordability and convenience.
• No Foreclosure Charges
• Enjoy the security of stable fixed interest rates, ensuring predictable monthly repayments and peace of mind.
• ICICI Bank offers a wide branch network where you can come in person for assistance with Home Loans, including help with loan applications, paperwork and speaking with our team for individualised assistance
• The 'Balance Transfer' feature allows you to transfer your existing home loan availed from any other bank, to ICICI Bank. This is for you to enjoy long term savings.
• With the ICICI Balance Transfer feature, you can enjoy up to additional top up loan amount. This can be up to 100% of the original home loan.
• The home loan can be sanctioned before selecting the property
• Affordable interest rates and both floating and fixed options