ICICI Bank Home loans

ICICI Bank Home loans provide not just the most competitive interest rates & best level of service, but also products designed to cater to the specific needs of consumer. New products / New features in existing products are introduced based on customer feedback. Choose the ICICI Bank Home Loan that suits your needs.

Home Loans

Home Loans are provided to individuals to own a residential property.

ICICI Bank offers easy home loans for

* First Purchase in ready construction
* Under construction property
* Purchase in re-sale
* Self construction - extension of existing living space

The following are the features of ICICI Bank Home Loans

* Home loan amount can be chosen to suit specific needs.
* One can avail of a loan up to 85% of Cost Of Property.
* Conveniently pay off the loan over a period of upto 25 years.
* It can be availed at the Floating rate of Interest or at the Fixed rate of Interest or at the combination of both Fixed & Floating rates.
* Faster repayment as principal repayment in on monthly rest.

Eligibility Norms for Home Loans.

Home Loans can be availed by Resident Indian whether Salaried or Self-Employed and also by Non- Resident Indian who are Salaried. For resident Indians the following are the eligibility norms

* You must be at least 21 years of age when the loan is sanctioned.
* The loan must terminate before or when you turn 65 years of age or before retirement, whichever is earlier.
* You must be employed or self-employed with a regular source of income.