INTEREST RATE

ICICI BANK INTEREST RATE


Current Home loan Interest Rates Based on Borrowers Category

A. Special pricing for loans up to ₹ 30 lacs

Floating Interest Rate

 

Category I-MCLR-6M (8.15%) I-MCLR-1Y (8.20%)
Salaried Borrower Loan Amount <=  ₹ 30 lacs
Women Borrower I-MCLR-6M + 0.20% (8.35%) I-MCLR-1Y + 0.15% (8.35%)
Others I-MCLR-6M + 0.25% (8.40%) I-MCLR-1Y + 0.20% (8.40%)
Self Employed Borrower Loan Amount <=  ₹ 30 lacs
Women Borrower I-MCLR-6M + 0.35% (8.50%) I-MCLR-1Y + 0.30%(8.50%)
Others I-MCLR-6M + 0.40% (8.55%) I-MCLR-1Y+ 0.35% (8.55%)

Fixed rate for 24/36 months

 

Category I-MCLR-1Y (8.20%)
Fixed rate for 24/36 months Floating rate pricing from third & fourth year onwards
Salaried Borrower Loan Amount <= ₹ 30 lacs
Women Borrower 8.35% I-MCLR-1Y + 0.15%
Others 8.40% I-MCLR-1Y + 0.20%
Self Employed Borrower Loan Amount <= ₹ 30 lacs
Women Borrower 8.50% I-MCLR-1Y + 0.30%
Others 8.55% I-MCLR-1Y + 0.35%

B. Below mentioned floating rates are linked to I-MCLR-1Y (One year MCLR) benchmark rate. I-MCLR-1Y is 8.20%.

Women Borrower**

Floating Interest Rate
Category Effective Rate of Interest Rate
₹ 30 lacs to ₹ 75 lacs 8.65% I-MCLR-1Y+0.45%
₹ 75 lacs to ₹ 5 crore 8.70% I-MCLR-1Y+0.50%
Above ₹ 5 crore 8.80% I-MCLR-1Y +0.60%
Fixed Interest Rate for 5 Years, 10 Years
Category Effective Rate of Interest Rate
Up to ₹ 30 lacs 8.70% I-MCLR-1Y + 0.50%
₹ 30 lacs to ₹ 5 crore 8.80% I-MCLR-1Y + 0.60%
Above ₹ 5 crore 8.90% I-MCLR-1Y+0.70%
Full Tenor Fixed Interest Rate
Category Effective Rate of Interest
Up to ₹ 30 lacs 9.70%
₹ 30 lacs to ₹ 5 crore 9.80%
Above ₹ 5 crore 10.05%

Salaried Borrower

Floating Interest Rate
Category Effective Rate of Interest Rate
₹ 30 lacs to ₹ 75 lacs 8.70% I-MCLR-1Y + 0.50%
₹ 75 lacs to ₹ 5 crore 8.75% I-MCLR-1Y + 0.55%
Above ₹ 5 crore 8.85% I-MCLR-1Y + 0.65%
Fixed Interest Rate for 2 Years, 3 Years
Category Fixed rate for 24/36 months Floating rate pricing from 25th/37th month
₹ 30 lacs to ₹ 75 lacs 8.70% I-MCLR-1Y + 0.50%
₹ 75 lacs to ₹ 5 crore 8.75% I-MCLR-1Y + 0.55%
Above ₹ 5 crore 8.85% I-MCLR-1Y + 0.65%
Fixed Interest Rate for 5 Years, 10 Years
Category Fixed rate for 60/120 months Floating rate pricing from 61st/121st month
Up to ₹ 30 lacs 8.75% I-MCLR-1Y + 0.55%
Above ₹ 30 lacs 8.85% to 8.95% I-MCLR-1Y + (0.65% to 0.75%)
Full Tenor Fixed Interest Rate
Category Effective Rate of Interest
Up to ₹ 30 lacs 9.75%
Above ₹ 30 lacs 9.85% to 10.10%

Self Employed Borrower

Floating Interest Rate
Category Effective Rate of Interest Rate
₹ 30 lacs to ₹ 75 lacs 8.70% I-MCLR-1Y + 0.50%
Above ₹ 75 lacs 8.75% to 8.85% I-MCLR-1Y + (0.55% to 0.65%)
Fixed Interest Rate for 2 Years, 3 Years
Category Fixed rate for 24/36 months Floating rate pricing from 25th/37th month
₹ 30 lacs to ₹ 75 lacs 8.70% I-MCLR-1Y + 0.50%
Above ₹ 75 lacs 8.75% to 8.85% I-MCLR-1Y + (0.55% to 0.65%)
Fixed Interest Rate for 5 Years, 10 Years
Category Fixed rate for 60/120 months Floating rate pricing from 61st/121st month
Up to ₹ 30 lacs 8.75% I-MCLR-1Y + 0.55%
Above ₹ 30 lacs 8.85% to 8.95% I-MCLR-1Y + (0.65% to 0.75%)
Full Tenor Fixed Interest Rate
Category Effective Rate of Interest
Up to ₹ 30 lacs 9.75%
Above ₹ 30 lacs 9.85% to 10.10%
Disclaimer:
Processing fee applicable is 0.5% of loan amount plus applicable service tax.
*Valid till September 30, 2017.
**Woman borrower should be the main applicant to the loan and she should be either owner or co-owner in the property being financed.

Non – Home Loan Interest Rate

Indicative lending rate for Non – Home Loan 11.35% onwards.

Non-Home Loan includes Top-up Loan, Loan Against Property – residential and commercial, Office Premises Loan etc.