ICICI Home Loan
ICICI Home loan apply now at Arena Fincorp & get lowest interest rates. You don’t have to go through the complicated process of getting ICICI Home loan. We will do it for you to make things easier and simpler. So that you can focus on what’s more important, getting your dream home.
We have years of experience in providing financial solutions and will happily assist you through the home loan process, ensuring a smooth and hassle-free experience. We work hard to provide you with the cheapest home loan in India, allowing you to own your dream home without paying a fortune of your income in interest payments.
ICICI Home Loan Interest Rate
Below mentioned is all the information regarding latest ICICI Home loan interest rate according to CIBIL scores, Standard interest rate, Fixed interest rates.
ICICI Home Loan Interest Rate As Per CIBIL Scores
800
- Salaried: 9%
- Self Employed: 9%
750-800
- Salaried: 9%
- Self Employed: 9.10%
ICICI Home Loan Interest Rate - Standard
Loan up to Rs. 35 Lakhs
- Salaried: 9.25%-9.65%
- Self Employed: 9.40%-9.80%
Loan range between Rs. 35 Lakhs to Rs. 75 Lakhs
- Salaried: 9.50%-9.80%
- Self Employed: 9.65%-9.95%
Loan above Rs. 75 Lakhs
- Salaried: 9.60%-9.90%
- Self Employed: 9.75%-10.05%
ICICI Home Loan Interest Rate - Fixed Rates & Tenure
24 Months Tenure
37 Months Tenure
60 Months Tenure
8.90%-9.15%
120 Months Tenure
11%-12.05%
Full Term Tenure
11.15-11.45%
*The facts and figures provided above are indicative and liable to change periodically.
ICICI Home Loan Eligibility
Check for ICICI Home Loan Eligibility conditions below. You can directly apply for ICICI home loan here.
Salaried Individuals
- Nationality: Indians residing in India & NRIs are eligible.
- Age of primary applicant: 23-60 years for resident Indians & 25-60 years for NRIs
- Minimum Income: Rs. 12,000 p.m.
- Age of co-applicant: 18-65 years.
- Loan Amount: Rs. 3 Lakhs – Rs. 5 Crores.
Self-employed Individuals
- Nationality: Only Indians residing in India
- Age of primary applicant: 28-70 years for resident Indians.
- Minimum Income: Rs. 1.5 lakhs per annum (PAT) profit after tax.
- Age of co-applicant: 18-65 years.
- Loan Amount: Rs. 3 Lakhs – Rs. 5 Crores.
ICICI Home Loan Charges
Loan Processing Charges
0.50% – 2.00% of the loan amount or Rs. 3000/- whichever is higher plus applicable taxes (including GST) and other statutory levies, if any.
Administrative Charges
0.25 % of Facility Amount or ₹ 5000/- whichever is lower plus applicable taxes.
Part Prepayment Fees
- Nil for floating interest rates.
- 2% + applicable GST for fixed interest rates.
- 2% for top-up loans if you utilise the amount for business purposes.
- 4% if you repay the entire outstanding principal when you use the amount to buy a property for business purposes.
Statutory / Regulatory Charges
All applicable charges on account of Stamp Duty / MOD / MOE / Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) or such other statutory / regulatory bodies and applicable taxes shall be borne and paid (or refunded as the case may be) solely by the customer. You may visit the website of CERSAI for all such charges.
Pre Payment Charges
All applicable charges on account of Stamp Duty / MOD / MOE / Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) or such other statutory / regulatory bodies and applicable taxes shall be borne and paid (or refunded as the case may be) solely by the customer. You may visit the website of CERSAI for all such charges.
*The facts and figures provided above are indicative and liable to change periodically.
Also check: Home loan interest rate for all banks
ICICI Home Loan Documents Requirement
These are the required ICICI Home Loan documents Required to submit to avail the home loan from ICICI Bank:
Salaried Individuals
- Application form with photograph duly signed.
- Identity, residence and age proof.
- Last 6 months bank statements.
- Last 3 months’ salary-slips.
- Processing fee cheque.
- Form 16/ Income tax Returns.
Self Employed Professional
- Application form with photograph duly signed.
- Identity, residence and age proof.
- Last 6 months bank statements.
- Processing fee cheque.
- Form 16/ Income tax Returns.
- Proof of business existence.
- Education qualification certificate and proof of business existence.
- Last 3 years Income Tax Returns with computation of Income.
- Last 3 years CA Certified/ Audited Balance Sheet and Profit & Loss Account.
Self Employed non professional
- Application form with photograph duly signed.
- Identity, residence and age proof.
- Last 6 months bank statements.
- Processing fee cheque.
- Form 16/ Income tax Returns.
- Proof of business existence.
- Business profile
- Last 3 years Income Tax Returns with computation of Income.
- Last 3 years CA Certified/ Audited Balance Sheet and Profit & Loss Account.
*The above given list is indicative only. Additional documents may be asked for on a case-to-case basis. The facts & figures in this list are liable to change periodically.
Also check: Our ICICI Home loan EMI calculator
Why Choose Arena Fincorp for ICICI Home Loan?
1. Quick approval: We feel proud to say that we are one of the few institutions doing superfast application processing, so that you get to own your dream home faster than ever.
2. 100% transparency: No hidden charges. We’re 100% transparent about the terms of our services.
3. Full Assistance: Rest assured, our experienced team will fully assist you in the entire process from start to finish in getting the ICICI home loan. You just need to breathe and relax while we do the whole work for you.
4. History of Reputation: Having a rich history of providing the best financial solutions, our customers are very happy with working with us & we feel proud to say that they trust us for their future financial needs too.
5. Simple and easy Process: Our experienced team will happily guide you through the entire home loan process, making it simple, easy and hassle free to own your dream home.
ICICI Home Loan Apply Online
ICICI Home loan apply online at Arena Fincorp. (You can always start your online application and resume it at a later instance at our site.) Here’s our step-by-step guide to apply for ICICI Home loan at our site:
- Step 1: Click on Apply Now to open our online application form
- Step2: Fill in a few details and verify the OTP sent to your phone
- Step3: Enter your KYC and income data
- Step4: Choose the loan amount you want to borrow
- Step5: Submit your application.
- Step6: Done! Our expert team will call you to avail the loan. Don’t worry, we’ll handle the entire loan process for you!
How to Apply for ICICI Home Loan at Arena Fincorp
Our Customers Love Us
The expert guidance from Arena saved me tons of money. I got the loan with lowest interest rates & of the maximum tenure. Really happy with Arena Fincorp.
Amazing staff. They were there to help me in every step of my loan taking journey. They helped me with so many things that i could've easily missed if i were to do it all by myself.
It was a Great Experience. They just got a repeat customer. I will take my car loan too from Arena Fincorp.
ICICI Home Loan FAQs
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How do I apply for an instant ICICI Home loan online?
To apply for an Instant loan for your dream home, you can get in touch with us by calling us on +91 9251647949 or by mailing us at info@arenafincorp.com or by clicking on the apply now button above.
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Are there tax benefits for availing home loans?
Yes, there are tax benefits on availing home loans. you can claim the amount paid towards the repayment of the principal and the interest components as deductions in your income tax return. The limits on the amount deductible are governed by the applicable income tax laws.
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How do I calculate my ICICI Home loan EMI?
You can calculate the EMI of your home loan by using our ICICI Home loan EMI calculator above.
