If you are dreaming of buying or building a house, then ICICI Bank Home Loan can be a great option for you. This bank offers home loans of more than ₹ 10 lakh at very attractive interest rates, which you can easily repay over a period of 10 years or more. In this article, we will understand in detail the interest rate, eligibility, application process and other important information of ICICI Home Loan 2025.

Key Features of ICICI Bank Home Loan

ICICI Bank offers flexible and affordable home loans to its customers . The best part of this loan is that you can repay it over a long period and the interest rate for this is also quite competitive.

Loan amount available from ₹10 lakh to ₹5 crore
Interest rates start from 8.40 %
You can choose a loan tenure ranging from 10 years to 30 years
Low processing fees and easy documentation process
Benefits of CLSS subsidy under PMAY scheme
Fast loan approval and digital application process.

Interest Rate

ICICI Bank home loan interest rates can range between 8.40% to 9.50% . The rate depends on your credit score, income, loan amount and repayment capacity. If your credit score is above 750 , you can get a better interest rate. If you take a loan of ₹10 lakh for 10 years , your monthly EMI will be around ₹12,400 to ₹12,900, which may vary depending on the interest rate.

Eligibility Criteria

Age Limit 21 to 65 Years
Minimum Monthly Income ₹25,000 (Metro City) and ₹20,000 (Non-Metro)
Job or Occupation Salaried individuals, Self-employed professionals and Businessmen
Credit score At least 700 or higher
Minimum work experience 2 years for salaried people and 3 years for business people

Required Documents

Aadhaar card or PAN card as identity proof
Bank statement of last 6 months
Salary slip or Income Tax Return (ITR) for income proof
Property documents (land or house papers)
Passport size photo
Address proof (ration card, electricity bill etc.)

Application Process

Visit the official website of ICICI Bank and go to the “Home Loan” section.
Click on Apply for Home Loan option.
Select Loan Amount and Loan Tenure .
Fill in personal and financial details , like name, mobile number, income details and Aadhaar number.
Check credit score and loan eligibility.

Upload the required documents and submit the application.
The bank will check your documents and credit score.
Sign the Loan Agreement after loan approval.
The loan amount will be transferred to your bank account within 3 to 7 days.

Benefits of Taking

Low interest rates and flexible repayment options
Fast loan processing, allowing you to disburse a loan within 3 to 7 days
High loan amount, allowing you to purchase your home easily
Online application facility, through which you can apply for a loan without going to the bank
Subsidy under PMAY scheme, which makes it easier to repay the loan

Conclusion

If you are looking to avail a home loan of ₹10 lakh for 10 years , then ICICI Bank Home Loan 2025 is a great option. Low interest rates, easy EMIs and fast processing make it a convenient option. If you also want to apply for Home Loan Online , then visit the official website of ICICI Bank today and start the application process.

Source & Reference: https://sankalpdarpan.com/icici-bank-home-loan-2025/

ICICI Bank Home Loan Interest rate & application process for home loan of Rs 10 lakh