📋 ICICI Loan Amortization Schedule
| Period | EMI Paid | Principal | Interest | Prepayment | Balance |
|---|
Calculate your ICICI Bank home loan EMI instantly!
ICICI home loan rates: 8.75% - 9.55%. See how prepayment saves lakhs on your ICICI housing loan!
| Loan Amount | Women Borrower | Others | Processing Fee |
|---|---|---|---|
| Up to ₹35 Lakh | 8.75% | 8.80% | 0.50% + GST |
| ₹35L - ₹75 Lakh | 8.85% | 8.90% | 0.50% + GST |
| Above ₹75 Lakh | 9.00% | 9.05% | 0.50% + GST |
| Self-Employed | 9.15% | 9.20% | 1% + GST |
* Rates as per ICICI Bank website. Subject to change. Check official rates →
| Period | EMI Paid | Principal | Interest | Prepayment | Balance |
|---|
ICICI Bank is one of India's largest private sector banks offering competitive home loan rates. With interest rates starting from 8.75% for women borrowers and easy prepayment options, ICICI is a popular choice for home buyers.
| Bank | Min Rate | Max Rate | Prepayment |
|---|---|---|---|
| ICICI Bank | 8.75% | 9.55% | FREE |
| SBI | 8.50% | 9.65% | FREE |
| HDFC | 8.75% | 9.50% | FREE |
| Axis Bank | 8.75% | 10.05% | FREE |
| Kotak | 8.75% | 9.65% | FREE |
ICICI home loan rates start from 8.75% for women borrowers and 8.80% for others (up to ₹35 lakh). For loans above ₹75 lakh, rates are 9.00%-9.05%. Self-employed customers have slightly higher rates at 9.15%-9.20%.
Yes! ICICI Bank charges ZERO prepayment penalty on floating rate home loans. You can make unlimited part-payments or foreclose the loan anytime without any charges. This is as per RBI guidelines.
For a ₹50 lakh ICICI home loan at 8.85% for 20 years, the EMI is approximately ₹44,560. For 15 years, it's ₹50,310. Use the calculator above to get exact EMI for your specific requirements.
Required documents: Identity proof (Aadhaar/PAN), Address proof, Income proof (salary slips for 3-6 months or ITR for self-employed), Bank statements (6 months), Property documents, and photographs.
SBI generally offers slightly lower rates (8.50% vs 8.75%). However, ICICI has faster processing and better digital services. Both offer free prepayment. Choose based on your specific needs and existing relationship with the bank.
ICICI charges 0.50% + GST as processing fee for salaried individuals and 1% + GST for self-employed. The fee is often negotiable, especially for high-value loans or existing ICICI customers.
1) Improve CIBIL score to 750+ 2) Make prepayments whenever possible 3) Ask for rate reduction after 1 year 4) Consider balance transfer if you find lower rates 5) Add a woman co-applicant for 0.05% lower rate.