Features offered by ICICI bank Home Loan
Wide range of product to choose from
Attractive rate of interest
Guidance throughout the process making home buying hassle free
Doorstep service at your comfort
Sanction approval without having selected a property.
Flexible repayment options
With a network of 2500 branches we are always close to you
Over 900 Bank Branches pan India for servicing of your loans
Free Personal Accident Insurance (Terms & Conditions)
Insurance options for your home loan at attractive premium
ICICI Bank Home Loan offers funds for following purposes:
1. Direct purchase from builder
2. Buying a resale property
3. Home Improvement Loan
4. Construction Loan
ICICI Bank Home Loan gives borrowers facility to transfer their running loan from another Bank under the scheme termed as Balance Transfer. The bank facilitates the borrower with a Top-Up Loan, an additional fund.
The bank would fund a maximum of 80% of the property cost. Home loans are available to salaried or self-employed who can be a resident of India or NRI. To apply for a home loan a salaried person has to be 21 years of age and maximum allowable age at loan maturity is 60 years or retirement age whichever is earlier. In case of self-employed individual the loan application age remains the same but the age at loan termination is 65 years.
The bank caters Salaried, Self Employed Professionals and Self Employed Businessman. An existing ICICI customer can at times avail Home Loan at a lower rate of interest.
The bank has its own set parameters to appraise a customer. Basically, the bank would consider borrower’s age, financial strength etc. to approve the loan. It is must for the borrower to be employed or self-employed with a regular source of income. Applicant’s repayment capacity and repayment track record plays the most important part in evaluating the home loan eligibility.
ICICI Home Loan presents "HomeSafePlus"