ICICI Bank Home Loan in Chennai

Home Loan Rates 2017 79 views

About ICICI Bank Home Loan in Chennai

ICICI bank has many products and services in its big basket. A customer in Chennai can obtain a home loan from the bank so as to meet his/her housing needs. The bank has many schemes under the home loan segment. The bank provides the product to eligible applicants at a feasible interest rate and long tenure period. ICICI bank has a very solid presence in Chennai with over 100 branches that are working hard to ensure smooth delivery of the all the products.

ICICI Bank Home Loan in Chennai at a glance

The important details of ICICI Bank Home Loan Chennai are given below.

ParticularDetails
Interest rate8.35% - 8.85%
Loan amountFrom ₹30 Lakhs to ₹5 Crore (Few Cases)
TenureUp to 30 years
Processing fee0.50 to 1% of the loan amount or ₹ 1,500 along with service taxes applicable

New Delhi, Mumbai and Bengaluru- ₹2,000
Pre-payment chargeNIL for floating rate of interest

Up to 4% on the principal amount outstanding along with applicable service taxes

Eligibility criteria for an ICICI Bank Home Loan Chennai

The eligibility norms set by ICICI bank for a home loan are given below. Have a look at them.

  • The applicant should have attained a minimum age of 21 years when the loan amount is sanctioned
  • The age of maturity is 65 years. This means the loan has to be completely paid within the set limit of 65 years
  • Both self-employed individuals and salaried employees are eligible to apply for a home loan. They must earn a stable and regular income
  • In case, there is a co-applicant, his/her age should be at least 18 years
  • To improve loan eligibility, the applicant can add his/her spouse as a co-applicant, in case the said person is earning well

Documents needed for ICICI Bank Home Loan Chennai

The list of the all the important documents has been given below. Check them out.

  • Completely filled application which is duly signed
  • Proof of Age- Passport/Birth certificate/ High school mark sheet
  • Identity Proof:- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
  • Photographs of passport size
  • Proof of Address- Utility Bill / Passport/Leave and License Agreement
  • Salary slip of the past three months
  • Bank statement of the last six months
  • Processing fee cheque

Some extra documents which are needed-

For Self-employed Professional:

  • Proof of existence of Business
  • Income tax returns of the last three years
  • Education qualification certificate

For Self-employed Non-Professional:

  • Education qualification certificate
  • Profit & Loss account and Audited Balance Sheet of the last three years which has been certified by a CA
  • Business Profile
  • Income tax returns of the past three years
  • Proof of existence of Business

Other documents related to property-

  • Power of Attorney Format

In case, the loan account holder dies, documents required are:

  • Letter of relinquishment
  • Request letter

Read Home Loan Chennai for more information.

Address of ICICI Bank branches in Chennai

The complete list of ICICI bank Chennai branches has been given below with their address, IFSC & MICR codes and contact details.

BranchAddressIFSCMICRContact details
Cenotaph RoadNo., 1, Cenotaph Road, Rathna Nagar, Alwarpet, Chennai, Tamil Nadu 600018ICIC0000001600229002044 3366 7777
Nungambakkam110, Prakash Presidium, Nungambakkam High Road, Uthamar Gandhi Salai, Chennai, Tamil Nadu 600034ICIC0000009600229003044 3366 7777
Nanganallur2nd Main Rd, Ram Nagar, Nanganallur, Chennai, Tamil Nadu 600061ICIC0000054600229004044 3366 7777
Ashok NagarJawaharlal nehru road, First Avenue, Ashok Nagar, Chennai, Tamil Nadu 600083ICIC0000077600229005044 3366 7777
SanthomeBay Castle, No-, 30, Santhome High Rd, Basha Garden, Santhome, Chennai, Tamil Nadu 600028ICIC0000212600229021044 3366 7777
Alwarthirunagar153, Arcot Road, Sri Sai Square, Valasaravakkam, Alwarthirunagar, Chennai, Tamil Nadu 600087ICIC0000232600229022044 3366 7777
PorurNo:1 Mount Poonamallee Road, Shakthi Nagar, Chennai, Tamil Nadu 600116ICIC0000275600229024044 3366 7777
Nelson Manickam Road39, Nelson Manickam Road, Rajaram Mehta Nagar, Aminjikarai, Chennai, Tamil NaduICIC0000276600229023044 3366 7777
KilpaukNo 34, Balfour Road, Kilpauk, Chennai, Tamil Nadu 600010ICIC0000278600229025044 3366 7777
Adyar2, LB Rd, Sector 1, Adyar, Chennai, Tamil Nadu 600020ICIC0000350600229026044 3366 7777
Velachery137, LIC Colony Main Road, E B Colony, Velachery, Chennai, Tamil Nadu 600042ICIC0000385600229027044 3366 7777
Anna Nagar WestOld No : 664, New No13, School Road, Anna Nagar West, Chennai, Tamil Nadu 600101ICIC0000395600229028044 3366 7777

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