ICICI Home Loan Interest Rates

ICICI Bank, one of the most sophisticated banks in India with a long and successful banking history, offers great financial products and services. The ICICI home loans come with great innovation and customisation.

There are few factors which make the ICICI Home Loan, attractive and most sought after;

  • The tenure for ICICI Home Loans range from 3 years to 30 years making it a comfortable option for the customers to plan their loan repayment.
  • There is no pre-payment or pre-closure charges associated with ICICI Home Loans
  • The ICICI Home Loan interest rate is well structured to suit the comfort levels of its customers.
  • No guarantor is needed for the applicant to avail the ICICI Home Loan.

The ICICI Bank offers different types of home loans, suiting the specific needs of its customers.

  • ICICI Bank Extraa Home Loans
  • ICICI Bank Pragati Home Loans
  • Pradhan Mantri Awas Yojana
  • Balance Transfer
  • Personal loan linked to home loan
  • Balance Transfer and Top Up
  • ICICI Bank Saral Rural Housing Loan
  • Home Improvement Loan
  • Loan Against Property
  • Lease Rental Discounting
  • Office Premises Loan
  • Land Loan
  • Home Loans for NRIs
  • Value Added Offerings


There are certain key factors on which the ICICI Bank Home Loan approval is based on. They are;

  • Loan amount
  • Loan tenure
  • Existing ICICI Bank customers
  • Salary


The ICICI Home Loan interest rates vary from salaried employees to self-employed professionals. The ICICI Bank Housing Loan interest rates are slightly different for women applicants. The table below gives us a better understanding of the ICICI Housing Loan interest rate.


For Salaried Professionals




Loan amount Interest rate in % For Women applicants
Upto Rs. 30 Lakhs 8.40 8.35 %
30-75 Lakhs 8.70 8.65 %
75 Lakhs-5 crores 8.75 8.70 %
Above 5 crores 8.85 8.85 %







For Self-Employed professionals


Loan amount Interest rate in % For Women applicants
Upto Rs. 30 Lakhs 8.55 8.50 %
30-75 Lakhs 8.70 8.65 %
Above 75 Lakhs 8.75-8.85 8.70 %


To apply for a housing loan, applicants can either visit the nearest ICICI banks branch or  visit the respective bank’s website, https://www.icicibank.com, to apply online.


ICICI Bank Home Loan Interest Rates – Frequently Asked Questions

Questions Answers
What is the maximum Loan tenure for the ICICI Bank Home Loans? ICICI Bank offers you a longer tenure of 30 years to repay your loan with a benefit of paying less EMI per month.
Can I foreclose my ICICI Bank Home Loan? Yes, you can foreclose your loan with Nil charges.
Do I get tax benefits for the interest paid on ICICI Bank home loans? As per Indian Income Tax Act of 1961, residents of India are eligible for tax benefits on principal amount and interest components of any home loan under the section 24 and section 80C of Income Tax Act.
Can I transfer my house loan availed from any other bank to ICICI Bank Home Loan? Yes, the ICICI Bank gives you the facility to transfer your existing loan with a hassle free process. Availing loan transfer to ICICI Bank can allow you to save interest, pay lower EMIs and save money.
How can I increase my prospects to avail an ICICI Bank home loan? If your spouse or family member is earning well, you can make your spouse or family member the co-applicant for your loan. The combination of both of your income will help you in increasing your eligibility to get loan.