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Services and Charges
 
Services and Charges
ICICI Home Finance ensures that you get the best Home Loans in terms of interest rates and other facilities. You can choose from Adjustable, Fixed or Floating Rate Home Loan.
Charges Home Loans
Loan Processing Charges / Renewal Charges 0.5% of loan amount as Administrative Fee or Rs. 2,000, whichever is higher
Prepayment Charges*

No prepayment charge on floating rate home loan irrespective of the source of fund

No prepayment fee on Fixed Rate Home loan when loan is pre- closed by borrowers out of their own sources. The expression "own sources" for this purpose means any source other than by borrowing from a bank / HFC / NBFC / or Financial Institution.

2% of the outstanding loan amount plus applicable service tax and surcharge on fixed rate home loan and Home plus loan

4% of the outstanding loan amount plus applicable service tax and surcharge on Loan against property, Lease rental discounting and Non residential premises

For one year, two year and three year fixed rate loan the prepayment charge is 2% of the outstanding loan amount plus applicable service tax and surcharge till the time loan is under fixed rate. Once loan moves into floating rate there would be no prepayment charge irrespective of the source of fund
Charges for Late payment 2% per month
Charges for changing from Fixed to Floating Rates of Interest 1.75% on principal outstanding
Cheque Swap Charges Rs. 500
Document Retrieval Charges Rs. 500
Cheque Bounce Charges Rs. 200
Amortisation Schedule Rs.100 per schedule (Inclusive of S.T.)*
Statement of Account Rs.100 per statement (Inclusive of S.T.)*
Final prepayment statement Rs.100 per statement (Inclusive of S.T.)*
Duplicate No Objection Certificate / No Due Certificate Rs.100 (Inclusive of S.T.)
Revalidation of No Objection Certificate Rs.100 per NOC (Inclusive of S.T.)*
Provisional Income Tax Certificate Nil
Final Income Tax Certficate Nil
Interest Certificate NA
Change of Address Nil
Agreement Copy Nil
No Objection Certificate / No Due Certificate Nil
Disclaimer: The rates, fees, charges etc. as stated herein above are subject to changes/ revision from time to time at the sole discretion of ICICI Home Finance.

Note 1: Service Tax and other taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges

In order to facilitate easier / faster and secured transactions, ICICI Home Finance Company Limited offers e- payment and e-receipt services to its customers
The floating interest rate on ICICI Home Finance is linked to ICICI Home Finance Prime Lending rate (IHPLR)
The IHPLR has been increased by 50 basis points (i.e. 0.50%) with effect from May 07, 2011. Thus the IHPLR has been increased from 16.50% to 17.00%.
To know more about the change in IHPLR and its impact please click here (FAQs).
For further queries regarding the change in rate, please get in touch with our call center.

Apply now for Home Loan
Apply online or SMS 'Home'
to 5676766 or Call us