ICICI Bank is one of the biggest private banks and mortgage lenders in India and provides a diverse range of loans related to housing. The ICICI Home Loan is available for buying an existing house or constructing your own.
If you haven’t made a decision yet regarding the new property, you can take a look at the large selection of ICICI Bank’s approved properties all around India.
The interest rates offered at ICICI are relatively beneficial. You can check tailor-made options using the online calculation tool on the bank’s website. Thus, in a few moments you can find out the possible interest rate and monthly repayment regarding the loan sum and tenure you are interested in.
There is currently an attractive offer of 1.00% cash back per monthly repayment. This could possibly save you up to Rs. 8,18,973, depending on the loan amount.
Applying via tablet or mobile will confirm a faster acceptance for this home loan. The bank also claims a higher eligibility than other competitors in mortgages.
Current Fixed Interest Rates:
Benefits:
Who can apply?
The bank claims the eligibility conditions for its home loan are less strict than the other borrowers. So the basic requirements are being 21 years or older and being able to repay the loan before your 65th birthday. Also a regular salary as an employee or a self-employed person is a prerequisite. You can check your eligibility in a few seconds using the online tool at icicibank.com.
Info:
When applying for a mortgage you are required to pay 10% of the new property yourself and you may borrow the rest.
