ICICI Home Loan is the foremost provider of home loans in India. The ICICI Bank Home Loans provide a wide gamut of facilities and benefits for the convenience of their customers. The company understands the importance of a home for their customers and the services provided by them are very customer friendly. While constructing a new home, the financial solutions and home loan plans of ICICI Home Loan are very useful.
The special offers of ICICI Home Loan are as follows:
The amounts of home loans are specially designed to suit the needs of the customers
Great interest rates for loans
Simple documentation
The tenure of home loans range up to a period of 25 years
The home loan sanctions can be got even before selection of property
The home loan papers are delivered at the door steps of the customers
Attractive premiums for home loan insurance options
Personal Accident Insurance for free
Up to 85% of the total cost of property can be got as home loan
The home loan plans are targeted mainly towards the self-employed and salaried resident Indians. The home loans provided by the company are for individuals who are looking to buy residential property. The types of property for which loans are offered are as follows:
Self constructions which involve extensions of existing property
First purchases of ready constructions
Purchase in re-sale
Property under constructions
The norms of eligibility for ICICI Home Loan are as follows:
Salaried or self employed resident Indians having regular source of income
At the time of loan sanction, he or she must be at least 21 years of age
Termination period for loans is before retirement or 65 years, whichever happens earlier
Salaried non resident Indians
The following are the other forms of loans related to home loans offered by the bank:
Home Improvement Loans – For making improvements to self-owned homes of new and existing customers. Both internal and external home improvements can be made by this loan.
Land Loans – These loans are offered to purchase residential plots for making self-constructions
EMI Under Construction – This enables individuals to commence EMI in construction projects that are partly disbursed.
Balance Transfer – Here the outstanding balance of loans can be transferred in order to get better terms and conditions
Money Saver – This account is a transaction facilitated home loan account
Top Up Loan – Based on property value, these loans can be availed at any time for personal requirements, which includes home loan purposes among a host of other things
Contact Details of ICICI Home Loan:
ICICI Bank Towers, Bandra-Kurla Complex
Mumbai, 400 051, India
Phone: +91-22 2653 1414
Fax: +91-22 2653 1175
