Home Loan · Bank review
ICICI Bank Home Loan
ICICI Bank runs one of India's more responsive home-loan operations, especially for premium-salaried customers. Rates are competitive against SBI and HDFC, and the digital documentation journey is a step ahead of most public-sector banks.
By FinancePaisa Editorial Team · Research & editorialUpdated · 1 min read
Rates checked against the lenders' official pages on 28 September 2026. Your actual rate depends on your profile; confirm with the lender before you apply.
Official rate pages: ICICI Bank
- Interest rate
- 8.50% – 9.80% p.a.
- Loan amount
- No published maximum
- Processing fee
- 0.5% of loan amount + taxes
On this page (5 sections)
Key features
- Starting rate 8.50% p.a., linked to repo + spread
- Tenure up to 30 years, subject to retirement age
- Nil foreclosure charges on floating-rate loans
- Balance transfer facility with top-up
Fees and charges
| Charge | Amount |
|---|---|
| Processing fee | 0.50% to 1% of loan (min ₹1,000) |
| Foreclosure (floating) | Nil |
| Foreclosure (fixed) | 2% of outstanding + GST |
| Legal / technical fee | Actuals, typically ₹5,000-8,000 |
| Late payment interest | 24% p.a. on overdue |
Processing fee
- Amount
- 0.50% to 1% of loan (min ₹1,000)
Foreclosure (floating)
- Amount
- Nil
Foreclosure (fixed)
- Amount
- 2% of outstanding + GST
Legal / technical fee
- Amount
- Actuals, typically ₹5,000-8,000
Late payment interest
- Amount
- 24% p.a. on overdue
Eligibility highlights
- Salaried aged 23 to 65; self-employed up to 70
- Minimum income ₹30,000 / month for metros
- Minimum 2 years of employment / business
- Property in ICICI-approved technical zones
- LTV up to 90% for loans below ₹30 lakh
How ICICI compares to SBI and HDFC
ICICI usually sits between SBI (cheaper) and HDFC (slightly costlier) on published rate. On processing speed, ICICI is comparable to HDFC and faster than SBI. If your priority is a mix of competitive rate + fast processing, ICICI is a good middle path.
Frequently asked questions
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