Home Loan Interest Rates
Other charges
A total of 1.1236% of the loan amount sought, as explained below is payable at the time of submission of loan application form:
- Processing/ Administrative fees: 1% of the loan amount in INR- Indian rupees.
Service tax: 12.36% on the processing/ administrative fees
- It should be a single cheque in INR only, dated DD/MM/YYYY format payable to "ICICI Bank Ltd. AF for HL - A/c of " to be given at the time of application
- Rates are applicable for the current month only, rates are revised on a monthly basis
| Description of Charges |
Home Loan Charges |
| Prepayment Charges |
2% on the principal outstanding on full prepayment |
| Solvency Certificate |
NA |
| Charges for late payment (loans) |
Home Loan: 2% per month
Home OD: 1.5% of the outstanding amount subject to minimum of INR 500/- & Maximum of INR 5000/- |
| Charges for changing from fixed to floating rates of interest |
1.75% on principal outstanding |
| Charges for changing from floating to fixed rates of interest |
1.75% on principal outstanding |
| Cheque Swap Charges |
INR 500/- |
| Document Retrieval Charges |
INR 500/- |
| Cheque bounce charges |
INR 200/- |
Note : Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges.
