Home Loan Page

Choose from a wide range of home loan products with Attractive Interest Rates

Have you set your eyes on that Perfect Home ?

Buying that dream house or building it from the ground up does not have to be just a dream anymore. Choose from a wide range of home loan options available at attractive interest rates, with quick processing and easy repayment options, to make your dream come true.

APPLY NOW for instant approval and faster processing of your loan

Features and Benefits

  • Our experts are here to help you make the best choice as per your requirements
  • Customised solutions are offered, keeping in mind your income profile and credit score
  • You can avail a loan to purchase a flat, row house or a bungalow from private developers in approved projects
  • Fresh purchase from authorities such as DDA, MHADA, are also covered
  • Loans also available for property purchase in existing cooperative housing societies or apartments

Home Loan Balance Transfer

Lower your loan repayments by making the smart choice. Use ICICI Direct to transfer your existing home loan, and enjoy several benefits ranging from smaller EMIs to bigger savings. Why miss the chance to lower your loan repayments when you have smarter options to choose from?

Know more...

Home Loan Balance Transfer

Lower your loan repayments by making the smart choice. Use ICICI Direct to transfer your existing home loan, and enjoy several benefits ranging from smaller EMIs to bigger savings. Why miss the chance to lower your loan repayments when you have smarter options to choose from?

TOP-UP LOAN

Customers with an existing home loan, home improvement loan or a home extension loan can apply for a top-up loan, 12 months after the final disbursement of your existing loan product and upon possession or completion of the existing financed property. This can be used for a variety of personal or professional needs, such as education fees, medical expenses, travel, buying used luxury car, debt consolidation, etc.

Know more...

TOP-UP LOAN

Customers with an existing home loan, home improvement loan or a home extension loan can apply for a top-up loan, 12 months after the final disbursement of your existing loan product and upon possession or completion of the existing financed property. This can be used for a variety of personal or professional needs, such as education fees, medical expenses, travel, buying used luxury car, debt consolidation, etc.

Home Improvement Loan

Loans for enhancing your home in many ways, such as tiling and flooring, internal or external plaster, and painting.

HOME EXTENSION LOAN

Loans to extend or add space to your homes, such as constructing additional rooms.

LOANS FOR CONSTRUCTION ON LAND

When you own a plot of land, you can build a home that is uniquely yours.

“The loan process was efficient, fast and pain-free.”

- Viraj Joshi

Documents Checklist

For salaried customers/businessmen/ professionals:
  • Application form with photograph
  • Identity and residence proofs
  • Last six months' bank statements
  • Processing fee cheque
Income documents:
  • Latest Salary Slip
  • Form 16
  • Educational qualification certificates and proof of business
  • Business profile and previous three years income tax returns (self and business)
  • Statement of loans availed in previous two years
  • Previous three years' profit/loss and balance sheet
  • Balance Transfer
  • Top-up loan
  • FAQ

Home Loan - Balance Transfer

Transfer your existing home loan through ICICIdirect & enjoy interest rate benefits, Smaller EMIs & Bigger Savings

Do not miss a chance to lower your loan repayments when you have smarter options to choose from. Move your existing Home Loan through ICICIdirect, pay lower monthly installments and enjoy the savings for the other things in life that really matter to you and your family.

Home Loan - Top up

All customers with an existing Home Loan, Home Improvement Loan or a Home Extension Loan can apply for a Top Up Loan.

You can apply for a Top Up Loan after 12 months of the final disbursement of your existing Home Loan and upon possession/completion of the existing financed property or basis the last 12 months track record of the Top Up Loan being refinanced from another institution, subject to possession/completion of the property. The tenure of the loan is also dependent on the customer’s profile, age of customer at maturity of loan, age of property at loan maturity, depending upon the specific repayment scheme as may be opted and any other terms which may be applicable based on prevalent norms.

Features & Benefits
  • Loans for a variety of personal or professional needs (other than for speculative purposes)
  • Loans for existing customers as well as new customers availing of our Balance Transfer Facility
  • Loan can be used for many purpose such as Educational Fees, Medical Expenses, Travel, buying used luxury car, Debt Consolidation etc.”
  • Attractive interest rates
  • Easy and hassle free documentation

Home Loan FAQs

  • How will you decide the home loan amount I am eligible for?

    We will determine your Home Loan Eligibility largely by your income and repayment capacity. Other important factors include your age, qualification, number of dependents, your spouse's income (if any), assets & liabilities, savings history and the stability & continuity of occupation

  • What does an EMI mean?

    EMI refers to the ‘Equated Monthly Installment’ which is the amount you will pay to us on a specific date of each month till the loan is repaid in full. The EMI comprises of the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger.

  • When can I make a home loan application?

    You can apply for a Home Loan at any time once you have decided to purchase or construct a property, even if you have not selected the property or the construction has not commenced.

  • Can I avail a Top Up loan in addition to a Balance Transfer loan?

    Yes, you can avail an additional Top Up loan.

  • Are the applicable interest rates on a Balance Transfer loan higher than a home loan?

    Interest rates applicable on Balance Transfer loans do not differ from the interest rates of home loans.

  • What does an EMI mean?

    EMI refers to the ‘Equated Monthly Installment’ which is the amount you will pay to us on a specific date of each month till the loan is repaid in full. The EMI comprises of the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger.