| Fee Type | Amount | |----------|--------| | | Up to ₹10,000 + GST (often waived during offers) | | Legal & Technical Fee | ₹2,000 – ₹5,000 (actuals) | | CERSAI Fee | ₹100 + GST (loan registration) | | Prepayment (Floating Rate) | Zero charges (RBI mandate) | | Prepayment (Fixed Rate) | 2% – 4% of outstanding | | Late Payment Penalty | 2% per month on overdue EMI | | Conversion Fee | ₹500 – ₹2,000 + GST (switching rate plan) |
| Factor | Impact on Rate | |--------|----------------| | | Lowers rate by 0.10% – 0.50% | | Loan-to-Value (LTV) ≤ 75% | Better rate (lower risk for bank) | | Salaried (Govt/PSU/MNC) | Preferred – lower spread | | Existing ICICI customer | Can negotiate 0.05% – 0.15% off | | Woman as primary borrower | Special concession (0.05% lower) | | Loan amount > ₹75 lakh | Possibly higher rate (perceived risk) | home loan interest rate at icici bank
As of May 2026, the remains highly competitive, typically ranging from 8.50% to 10.05% p.a. . These rates are primarily linked to the Repo Linked Lending Rate (RLLR) , ensuring that any changes in the RBI's monetary policy are quickly reflected in your loan costs. ICICI Bank Home Loan Interest Rates (May 2026) | Fee Type | Amount | |----------|--------| |
For those preferring predictable payments, fixed-rate loans are available. However, these carry significantly higher interest rates, often ranging from 9.10% to 11.20% p.a. depending on the fixed tenure chosen (e.g., 24 months to full term). Key Factors Determining Your Rate ICICI Bank Home Loan Interest Rates (May 2026)
Interest Rate = Repo Rate + Credit Risk Premium + Operating Cost + Margin