ICICI Bank Home Loan in Jammu

About ICICI Bank Home Loan in Jammu

Buying a home is one of the most cherished dreams of a person. When we talk about the beautiful city of Jammu, who wouldn’t want to own a house here. After all, the city provides a scenic view and calm & composed environment. ICICI bank gives interested borrowers a home loan product so that funds are available to them when needed the most. They can use this finance for building a home of their own. The bank has set up seven branches in Jammu so that the financial needs of the city are met on time.

ICICI Bank Home Loan in Jammu at a glance

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

ParticularDetails
Interest rate8.55% - 8.80%
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 Jammu

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 Jammu

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

Please refer to Home Loan Jammu for extra information.

Address of ICICI Bank branches in Jammu

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

BranchAddressIFSCMICRContact details
Residency RoadKc Plaza, Residency Road, Jammu 180001 Jammu & KashmirICIC00002661802290019018667777
Talab TilloAdjoining Uno Lane, Opp. Sportking, Talab Tillo, Jammu, Jammu and Kashmir 180002ICIC00024711802290089018667777
Link RoadAmar Bhawan, First Floor 95, Link Road, Purani Mandi, Jammu - 180001 Jammu & KashmirICIC00069451802290059018667777
JanipurWood Glow Factory, Basant Nagar, Janipur, Jammu - 180007, Jammu & KashmirICIC00018471802290069018667777
RS PuraOpposite Skuast Gate, Main Road, RS Pura - 181102, Jammu Dist., Jammu & KashmirICIC00026461802290079018667777
Sainik Colony204/1Bs 204 Bs Sector B Main Highway, Sainik Colony, Jammu 180011, Jammu Kashmir.ICIC00033921802290129018667777
Channi HimmatRudra Complex, Main Road, Sector-2 Channi Himmat, Jammu, Jammu and Kashmir 180015ICIC00024701802290159018667777

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