ICICI Bank Home Loan offers easy home loans to all the customers who want to purchase / construct house / flat. Since making its maiden venture in the home loan segment in 1999, ICICI Bank has been engaged in an all out aggressive marketing to take the ICICI Bank Home Loan division in close proximity to the market leader HDFC and now is breathing down its neck.
ICICI Bank provides home loans for first purchase in ready construction, under construction property, purchase in re-sale or self construction and extension of existing living space. ICICI Bank Home Loan provides a maximum loan of 85% of the total property value.
ICICI Bank Home Loan is available to the residents of India whether they are Salaried or Self-Employed. Non-Resident Indians who are salaried can also avail the Home Loan from ICICI. To be eligible for the ICICI Home Loan, the resident Indians must be at least 21 years of age at the time of loan sanction. The loan must terminate before one turns 65 years of age or before the retirement, whichever is earlier. All the applicant should have a steady source of income.
ICICI Max Money Home Loan offers the unique advantage of higher loan eligibility with a lower initial installment. You can get up to 30% higher amount against your current income.
ICICI SmartFlx Home Loan has got a combination of safety of fixed rates plus the advantages of floating rates. The borrower gets a fixed interest rate for the first 3 years and from the fourth year onward, the loan gets switched to the prevailing floating interest rate.
ICICI Bank Home Loan Eligibility Calculator
Your dream home is now at hand with ICICI Bank Home Loans. ICICI Bank offer higher loan amount of your monthly income. Loan eligibility can be improved by the inclusion of revenue from the co-applicant (s) of your mortgage.
ICICI Bank Home Loan eligibility is after taking into account several factors, including monthly revenues, fixed monthly obligation, current age, the age of retirement, etc. calculates loan eligibility can be used as an indicator of the ability to borrow mortgage to see.
ICICI Bank Home Loan EMI Calculator
Why ought to one calculate domestic mortgage eligibility through Connectabank internet site? This Home loan EMI calculator gives the most accurate estimate of domestic mortgage that you could borrow from ICICI financial institution. Our internet site additionally lets in you to apply for instant sanction of your mortgage, even when you have no longer finalized the belongings.
ICICI Bank also provides Home Improvement Loans to facilitate improvement of a self-owned dwelling unit to existing or new customer. One can go for the Home Improvement Loan if he wish to add or improve facilities to his dwelling unit with a loan at Home Equity Loan rate of interest. ICICI Bank Home Loan provides you loan up to 70% of cost of the improvement. A person can avail a maximum amount of Rs. 50 lacs. as House Improvement Loan and can enjoy a repayment period of up to 15 years. In order to learn more about housing finance companies in India browse through the site.
Unique features of ICICI Bank Home Mortgage
- Home loan for salaried people up to Rs. 5 Crores.
- Quality doorstep service and convenience
- Massive variety of pre-accepted builder tasks across metros, tier-2 towns and tier-three cities
- Handy and efficient tab-primarily based utility minimizing paperwork and quicker turnaround