ICICI Home Finance Home Loan
ICICI Home Finance Home Loan
ICICI Home Finance Company Limited is a wholly owned subsidiary of ICICI Bank Ltd. This NBFC provides a variety of loans including home loans, gold loans, home equity loans, loans against property, home improvement loans and office premise loans. ICICI Home Finance offers home loans starting at an interest rate of 9.20% per annum, with a processing fee of 0.75% to 3.00% of the loan amount plus applicable taxes and a maximum repayment tenure of up to 25 years. Its most popular schemes are the Apna Ghar PMAY Scheme, New Home Loan, Balance Transfer and Insta Top-Up.
ICICI Home Finance Home Loan
Backed by ICICI Bank
ICICI HFC is a wholly owned ICICI Bank subsidiary, and we help you pick the right scheme from a wide range.
Approval in as Little as 72 Hours
ICICI HFC decides quickly, and we make sure your file is complete so nothing holds it up.
Nil Prepayment and Foreclosure Charges
Pay off early without a penalty, and we factor that into the plan we recommend.
One Relationship Manager, Start to Finish
A dedicated BASIC expert handles your file end to end, not a rotating call centre.
ICICI Home Finance Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
ICICI Home Finance Home Loan Key Highlights
Get the lowest interest rates with ICICI Home Finance
Loan Amount: Up to Rs. 5 crore
Rate of Interest: Starts at 9.20% per annum
Processing Fee: 0.75%
3.00% + applicable taxes
Maximum Tenure for Repayment: 25 years
Rate Packages: Fixed / Floating
Charges for Prepayment/Foreclosure: Nil
ICICI Home Finance Home Loan Interest Rates in 2026
ICICI Home Finance offers home loans to both salaried and self-employed applicants at rates that vary from plan to plan. The table below sets out the current ICICI Home Finance rates of interest:
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| Floating Plans (For Salaried) | Starts at 9.20% per annum |
| Floating Plans (For Self-Employed) | Starts at 9.35% per annum |
| Fixed Plans (For Salaried) | Starts at 11.00% per annum |
| Fixed Plans (For Self-Employed) | Starts at 11.15% per annum |
ICICI Home Finance Home Loan Eligibility Criteria
Before applying for a home loan from ICICI Home Finance Company Ltd., check the eligibility criteria, which are based on standard parameters such as age, nationality, minimum income, CIBIL score and employment history. The table below sets them out:
For Salaried Individuals
Age Range (in years)
23-60 years; 25-60 years for NRIs
Nationality
Indian residents and NRIs
Minimum Income Earned
Rs. 1,44,000 per annum
For Self-Employed Individuals
Age Range (in years)
28-70 years
Nationality
Indian residents and NRIs
Minimum Income Earned
Rs. 1,50,000 per annum (profit after tax)
ICICI Home Finance Home Loan Processing Fee and Charges
ICICI home loan processing charges are levied to process each application, at 0.75% to 3.00% of the loan amount plus applicable taxes. The NBFC also charges other fees in various circumstances. The table below sets them out:
| Processing Fee | 0.75% - 3.00% + applicable taxes |
| Cheque / EMI Dishonour Charges | Rs. 500 per instance |
| Conversion Charges | 0.50% + applicable taxes |
| Charges for Statement of Account | Rs. 100 + applicable taxes |
| Charges for Duplicate NOC | Rs. 500 + applicable taxes |
| List of Documents | Rs. 500 + applicable taxes |
| Copy of Original Documents | Rs. 1,000 + applicable taxes |
| Document Retrieval Charges | Rs. 500 + applicable taxes |
| Penalty for Delayed Payment | 2% per month + applicable taxes |
| Repayment Mode Swap Charges (PDC to PDC) | Rs. 1,000 + applicable taxes |
| Charges for Non-Submission of PDC / NACH Mandate Form | Rs. 2,000 + applicable taxes per transaction |
| Cheque / Repayment Mode Swap Charges other than PDC to PDC | Rs. 500 + applicable taxes |
| Charges for Prepayment Statement | Rs. 500 + applicable taxes |
| Prepayment / Foreclosure Charges | Nil |
| Charges for Swap of Property | Rs. 10,000 + applicable taxes |
| Charges for Amortisation Schedule | Rs. 100 + applicable taxes |
ICICI Home Finance Home Loan Schemes and Top Plans
ICICI Home Finance Ltd. offers a wide range of home loan schemes, from buying, renovating, improving and extending a home to transferring the balance of an existing loan with additional top-ups. Listed below are the popular schemes:
- Hassle-free home loans within 72 hours with easy eligibility criteria
- Loan amounts starting at Rs. 3 lakh and up to Rs. 5 crore
- Ideal for buying a new home from state housing boards such as DDA and MHADA
- Available to Indian residents and NRIs
- Ideal for purchasing a ready-to-move-in house, an under-construction home, or self-construction on an owned plot
- Loan amount of up to Rs. 5 crore
- Flexible balance transfer option for an existing home loan
- Helps home buyers across income segments with a minimum monthly income of Rs. 7,000
- Subsidy benefits of up to Rs. 2.67 lakh
- Available to salaried and non-salaried individuals, with or without a co-applicant
- Available only to Indian residents
- For purchasing a plot, available to self-employed applicants
- Available only to Indian residents
- Quick disbursement within 72 hours
- For extending an existing home by adding a room, floor or balcony
- Minimum loan amount starting at Rs. 3 lakh
- Available to Indian residents and NRIs
- Four repayment options: SURF, Smart Fix, part fixed and part floating, and EMI under construction stage
- Tax benefits under Section 24 of the Income Tax Act, 1961
- Available only to Indian residents
- Easy transfer of an outstanding home loan to ICICI HFC
- Maximum repayment tenure of up to 25 years
- Flexible repayment options including SURF, EMI and part-fixed part-floating plans
- Quick disbursal within 72 hours
- Loan amount of up to Rs. 1.5 crore
- Maximum repayment tenure of up to 20 years
- Available to salaried and self-employed applicants
* Note: All of the above home loan plans are made available to applicants solely at the discretion of ICICI Home Finance, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for ICICI Home Finance Home Loan
To approve a home loan, ICICI HFC verifies eligibility through a set of documents proving the identity, age, nationality, income, employment and property details of the applicant. The list is below:
| Proof of Income |
|
| Other Required Documents |
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| Proof of Income |
|
| Other Required Documents |
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| Identity & Address Proof |
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| Documents Related to Property |
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Apply for an ICICI Home Finance Home Loan Through BASIC Home Loan
The ICICI home loan application is straightforward and can be completed online by following these steps:
Apply Now on the BASIC Website
Head to the APPLY NOW section on the BASIC Home Loan website.
Share Your Requirement
Enter your name, contact number, loan amount and pincode, then submit the form.
We Take It Forward With ICICI HFC
The BASIC Home Loan team reaches out and initiates a hassle-free home loan application process.
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