Welcome to ICICI Bank Home Solutions
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Land Loan
Planning to purchase land for building your dream home or for investment purposes? ICICI Bank Land Loan can help you finance your land purchase at an attractive interest rate and with a tenure of up to 20 years. What’s more, you can also avail yourself of land plus construction financing with ICICI Bank and make your dream a reality.
Features
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Instant provisional sanction*
*T&C, Subject to correct upload of documents
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Simplified documentation
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Repo linked
interest rate -
Tenure
up to 20 years -
Up to 70% funding
on market value
ELIGIBILITY
Recommended Products
FAQs
Yes, Land Loan can be taken for purchase of land without approved plans. Post completion
of this transaction, you can take the estimate and other construction approvals.
No, there is no income tax benefit for Land Loans. The benefit is available only for
Home Loans.
The construction has to be completed within a period of 2 years from the date of
disbursement of Land Loan.