ICICI Home Finance (ICICI HFC) 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 of interest Home Loan.
Processing Fees (Charged at the time of sanction)
0.50%-3.00% plus applicable taxes and other statutory levies, if any
Cheque/ECS/NACH dishonour Charges, per transaction
₹ 500/- (Rupees Five Hundred Only) or such other amount as may be specified by ICICI HFC from time to time plus applicable taxes and other statutory levies.
₹ 1000/- (Rupees One Thousand only) plus applicable taxes and other statutory levies, if any.
₹ 1000/- (Rupees One Thousand only) plus applicable taxes and other statutory levies, if any.
₹ 100/- (Rupees One Hundred only) plus applicable taxes and other statutory levies, if any.
₹ 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies, if any.
₹ 10000/- (Rupees Ten Thousand only) plus applicable taxes and other statutory levies, if any.
Penal Charges in the event of default/delay in payment/repayment of any part of the loan amount on due date
1.50% per month (p.m.), on the over due/defaulted amount over and above the applicable Interest Rate plus applicable taxes and other statutory levies, if any.
Penal charges in the event of breach of other material terms (other than payment default)
ICICI HFC reserves the right to levy and recover the applicable Penal Charges at its sole discretion, at the rate specified hereinabove on the outstanding amount plus applicable taxes and statutory levies, if any.
₹ 100/- (Rupees One Hundred only) plus applicable taxes and other statutory levies, if any.
₹ 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies, if any.
Charges for duplicate NOC/No due certificate
₹ 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies, if any.
0.50% for housing loan, 1.00% for the non-housing loan plus applicable taxes and other statutory levies, if any, on principal outstanding.
₹ 2000/- (Rupees Two Thousand only) plus applicable taxes and other statutory levies, if any.
₹ 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies, if any.
Cheque/Repayment Mode swap charges other than PDC to PDC
₹ 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies, if any.
Stamp Duty and other statutory charges
As per Applicable Law.
*For Fixed, pre-payment charges are applicable if not prepaid from customer’s own sources
# The expression “own sources” for this purpose means any source of funds other than borrowing from a bank or Financial Institution.
Disclaimer: The rates, fees, charges etc. as stated herein above are subject to changes/revision from time to time. Pre- Payment/Foreclosure charges shall be applicable as per contracted rate or rates as per regulatory norms prescribed, if any.
Penal Charges in the event of default/delay in payment/repayment of any part of the loan amount on due date
0.50% per month (p.m), on the overdue/defaulted amount over and above the applicable Interest Rate (plus applicable taxes or other statutory levies, if any)
Penal charges in the event of breach of other material terms (other than payment default)
ICICI HFC reserves the right to levy and recover the applicable Penal Charges at its sole discretion, at the rate specified hereinabove on the outstanding amount (plus applicable taxes or other statutory levies, if any).
Penal Charges in the event of default/delay in payment/repayment of any part of the loan amount on due date
1.50% per month (p.m.), on the overdue/defaulted amount over and above the applicable Interest Rate (plus applicable taxes or other statutory levies, if any)
Penal charges in the event of breach of other material terms (other than payment default)
2.00% per annum, on the outstanding amount (plus applicable taxes or other statutory levies, if any).
Whenever there is change in Rate, the same will be communicated through online or offline mode.
Note:
For any request with regards to above mentioned matters, pls get in touch with our customer service or visit to the nearest branch.
| Loan Type | Range of Interest summary for the period of Quarter 3- FY 2023-2024 | Mean/ Yield | |
| Minimum ROI | Maximum ROI | ||
| Housing | 8.60% | 16.50% | 10.67% |
| Non-Housing | 9.70% | 17.50% | 12.35% |
The Annual Percentage Rate (APR) is a method to compute annualized credit cost which includes interest rate and loan origination fee.
To calculate the annualized credit cost, please click here to download the APR calculator.
| Loan Type | Range of Interest rates for Gold Loan for Q4 FY 2023-24 | Mean | |
| Minimum ROI | Maximum ROI | ||
| Gold Loan | 12.00% | 16.00% | 14.00% |
