ICICI Home Loan Indore - Rates Dec 2023, IFSC, Eligibility, EMI

ICICI Bank Home Loan in Indore

About ICICI Bank Home Loan in Indore

Everyone wishes to have a home of their own. A home where they can live freely and relax and hold get togethers. There are many people who have to live in rented houses. ICICI bank says- ‘Why to pay rent every month when you can pay EMI for the same?’ It offers a home loan to the customers in Indore so that they can become an owner of a house. The bank has more than 20 branches in the city which provide timely assistance to the customer.

Apply ICICI Home Loan @ 9.00%* Rate

ICICI Bank Home Loan in Indore at a glance

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

Interest rate9.00% - 10.05%
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 Indore

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 Indore

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

For more details refer to Home Loan Indore

Address of ICICI Bank branches in Indore

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

BranchAddressIFSCMICRContact details
Mahatma Gandhi RoadLaxmi Towers, 576, M.G.Road, Indore 452001 Madhya PradeshICIC00000414522290029098667777
Ashok Nagar4, Ashok Nagar, Near Sapna Sangeeta - Indore 452001 Madhya PradeshICIC00002414522290039098667777
HardaSardar Vallabh Bhai Patel Ward, Indore Road Survey Number 141/1, 141/3, Harda, Madhya Pradesh 461331ICIC00007614612291019098667777
Ratlam KothiSwastik House, 21/3 - Ratlam Kothi, Indore Madhya Pradesh 452005ICIC00009164522290049098667777
Rajwada19 P Y Road, Rajwada Indore, 452004 Madhya PradeshICIC00009454522290069098667777
Usha Nagar282, Usha Nagar, Annapurna Main Road, Indore. 452009 Madhya PradeshICIC00009464522290059098667777
New PalasiaPlot No. 2/1, Krishna Tower, Opp Curewell Hospital, New Palasia, Indore - 452001, Indore Dist., Madhya Pradesh.ICIC00014414522290079098667777
Mahatma Gandhi RoadShop No: 286, Mahatma Gandhi Road, Gorakund Square, Gorakund, Maharaja Tukoji Rao Holker Cloth Market, Indore, Madhya Pradesh 452002ICIC00065694522290099098667777
Patel Nagar64 - A, Sapna - Sangeeta Road, Patel Nagar, Indore - 452001 Madhya PradeshICIC00065714522290119098667777
Rajmohalla C.M.Vaishnav Bal Mandir, Girls Higher Secondary School, 177, Jawahar Marg, Indore - 452002 Madhya PradeshICIC00065724522290149098667777
Saket NagarPlot No. 51 - E/B, Saket Nagar, Indore - 452001 Madhya PradeshICIC00065734522290129098667777

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  • Home Loan Interest Rates December 2023
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%