Banking & Finance
ICICI Bank Home Loan
ICICI Bank offers home loans @ 7.60% p.a. onwards for tenures up to 30 years. It also offers pre-approved instant home loan sanction to its salary account holders and home loan balance transfer facility to existing home loan borrowers of other lenders at lower interests. ICICI Bank Pratham Housing Loan scheme is an affordable housing loan offered to salaried applicants with minimum salary of Rs 10,000 per month and self-employed applicants having business vintage of at least 5 years.
INCOME DOCUMENTS :
- Latest Salary Slip
- Form 16
- Educational qualification certificates &proof of business
- Business profile & previous three years’ income tax returns (self and business)
- Statement of loans availed in previous two years
- Previous three years’ profit/loss and balance sheet
SALARIED CUSTOMERS/BUSINESSMAN/PROFESSIONALS :
- Application form with photograph
- Identity and residence proofs
- Last six months’ bank statements
- Processing fee cheque
Compare ICICI Home Loan Interest Rates vs Other Banks :
Types of ICICI Bank Home Loan
Housing Loan
- Purpose: For purchasing or constructing home properties
- Tenure: Up to 20 years
Instant Home Loans (Pre-approved)
- Purpose: A pre-approved home loan with instant sanction offered to those having salary accounts with ICICI Bank
- Loan Amount: Up to Rs 3 crore
- Tenure: Up to 30 years
Express Home Loans
- Purpose: For availing home loans on a fast track basis through online application, quick processing and digital sanction. The Provisional Sanction Letter issued remains valid for 6 months from the date of issue.
- Loan Amount: Up to Rs 5 crore
- Tenure: Up to 30 years
