(Use COKDO for ICICI Home Loan EMI Calculator to quickly and accurately plan your finances and find the best loan options.)
Below is a detailed breakdown of how your payments are distributed:
| 🗓 Month | 💸 Principal (P) | 💰 Interest (I) | 💳 Total (P+I) | 💼 Pending |
|---|
An ICICI Home Loan EMI Calculator is a powerful online tool designed to help you quickly estimate the monthly EMIs for your ICICI home loan. By simply entering details such as the loan amount, interest rate, and tenure, this calculator gives you a precise breakdown of your monthly repayment obligations. This enables you to make well-informed decisions when planning your home purchase and budgeting for monthly payments.
Calculate your monthly EMIs in just three easy steps:
Enter the amount you plan to borrow from ICICI Bank as a home loan. ICICI Bank offers home loans starting from ₹5 lakhs up to ₹10 crores, depending on eligibility and the property’s value.
Input the applicable interest rate for your home loan. ICICI home loan interest rates typically range from 7.5% to 9.5%, based on your credit score, loan amount, and chosen tenure.
Select the repayment tenure for your loan. ICICI Bank offers flexible home loan tenures ranging from 5 to 30 years. Choose a tenure that aligns with your financial capabilities and long-term plans.
Once you've entered these details, the COKDO EMI Calculator will display your monthly EMI amount, with a breakdown of principal and interest components. This detailed output helps you to plan your finances and decide on a loan option that fits within your budget.
The ICICI Home Loan EMI Calculator by COKDO offers numerous advantages, making it an essential tool for financial planning and loan management:
Determining your eligibility for a Home Loan is crucial before initiating the application process. This eligibility table outlines the key factors lenders consider, helping you assess your likelihood of approval and plan your home purchase journey effectively.
| Criteria | Details |
|---|---|
| Income Criteria | Minimum salary for ICICI Bank Home Loan: Rs 25,000 |
| Age Criteria | Minimum: 21 years, Maximum: 70 years |
| Loan Tenure | Up to 30 years |
| Loan Amount | No cap, depending on your eligibility |
| Nationality | Indian |
Explore Home Loan Interest Rates and Charges with the table below, outlining the costs and rates involved in securing your home financing.
Pre-approved customers at ICICI Bank stand to benefit from preferential Home Loan rates, which are lower than standard rates. Current Home Loan Interest Rate: 8.75%* p.a.
Special Home Loan interest rates, often lower than standard, are offered for a limited time or to eligible customers:
| CIBIL Score | Salaried | Self-Employed |
|---|---|---|
| >800 | 9.00% | 9.00% |
| 750-800 | 9.00% | 9.10% |
Standard Home Loan interest rates apply uniformly to all applicants:
Processing Fees: 0.50% of the loan amount + AT*
| Loan Slab | Salaried | Self-Employed |
|---|---|---|
| Up to ₹ 35 lakhs | 9.25% - 9.65% | 9.40% - 9.80% |
| ₹ 35 lakhs to ₹ 75 lakhs | 9.50% - 9.80% | 9.65% - 9.95% |
| Above ₹ 75 lakhs | 9.60% - 9.90% | 9.75% - 10.05% |
When applying for a home loan, you’ll need to provide the following documents:
| Documents | Salaried | Self-Employed Professional | Self-Employed Non-Professional |
|---|---|---|---|
| Application form with photograph duly signed | ✔️ | ✔️ | ✔️ |
| Identity, address and age proof | ✔️ | ✔️ | ✔️ |
| Bank statements of last 6 months | ✔️ | ✔️ | ✔️ |
| Salary slips of last 3 months | ✔️ | ||
| Processing fee cheque | ✔️ | ✔️ | ✔️ |
| Form 16/Income Tax Returns | ✔️ | ||
| Proof of Business existence | ✔️ | ✔️ | |
| Business profile | ✔️ | ||
| Education qualification certificate and Proof of Business existence | ✔️ | ||
| Income Tax Returns (ITR) of last 3 years with computation of income | ✔️ | ||
| Last 3 years CA certified/audited Balance Sheets and Profit & Loss Statements | ✔️ |
| Document Type | For Salaried Individuals | For Self-Employed Individuals |
|---|---|---|
| 🆔 Identity Proof | Aadhaar Card, Passport, Voter ID, or any government-issued ID | Aadhaar Card, Passport, Voter ID, or any government-issued ID |
| 🏠 Address Proof | Utility bills, Passport, Aadhaar Card, or Voter ID | Utility bills, Passport, Aadhaar Card, or Voter ID |
| 💼 Income Documents | Form 16, last 3 months' salary slips, and last 6 months' bank statements | Audited financial statements of last 2 years, including Balance Sheets and Profit & Loss Statements, plus ITR documents |
| 📑 Business Proof | N/A | GST registration, trade license, partnership deed, Articles of Association, SEBI & ROC certificates |
| 📜 Property Documents | Sale deed, Title deed, approved building plan, and occupancy documents | Sale deed, Title deed, approved building plan, and occupancy documents |
| 📄 Bank Statements | Bank statements for the last 6 months | Bank statements for the last 6 months |
| 📸 Photographs | Recent passport-size photos | Recent passport-size photos |
| 📝 Application Form | Duly filled and signed loan application form | Duly filled and signed loan application form |
| Document Type | Description |
|---|---|
| 📜 Power of Attorney | Authorizing collection of original property documents |
| 📝 Request Letter | For Legal Heir, Claimant, or Nominee(s) to request property document handover in case of the loan holder’s death |
| 🖋️ Relinquishment Letter | Relinquishing rights (Nominee/Legal Heir) in favor of Legal Heirs/Nominees/surviving owners for document handover |
Note: No salary slip is required if the customer has a salary account at ICICI Bank.
For General Queries:1800 1080(Accessible across India)
Customers Traveling Overseas:+91-22-33667777
For Grievances:Call 1800 1080
Backup Customer Care Number:Click here
Corporate Office:ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400051
Registered Office:ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007
Disclaimer:The products, services, and offers referred to here are subject to the Terms and Conditions governing them as specified by ICICI Bank from time to time on www.icicibank.com. Nothing contained here will constitute or be deemed to constitute advice, invitation, or solicitation to purchase any products/services of ICICI Bank.