ICICI bank is one of the largest private banks in India.  ICICI home loan is in great demand due to large and strong banking base.  If you are an existing customer, ICICI bank home loan interest rate would be based on your current income, the place of residence and your credibility.   ICICI bank home loan review states the rate of home loan is based on the amount of the loan and the tenure of the loan.  ICICI bank home loan rate and  ICICI bank home loan eligibility factors are listed below. To avail an ICICI bank home loan the application process is easy. The forms are available online or at any branch of the bank. The customer should fill out a bank form and  provide the necessary documents as mentioned above . The ICICI bank home loan rate are one of the best and customers are able to avail it without any hassle. The ICICI bank home loan review states that there customer service is good which makes the stay with the bank comfortable.

ICICI bank home loan interest rate are available in two kinds.

•  ICICI bank home loan rate i.e. floating rate vary during the term of the of the loan
•  ICICI bank home loan rate fixed rate remains fixed in the period of the loan.

The ICICI bank home loan rate are usually fixed for amounts less than twenty lakhs. The ICICI bank home loan interest rate is being advertised at 9.50% for floating. However, the rates may vary for higher amount of loan. The ICICI bank home loan review shows that the processing time for loans is seven days.

 ICICI Bank Home Loan Eligibility :

• According to the  ICICI bank home loan review the customer should be the age of 25
• The  ICICI bank home loan review states the secondary holder should be the age of 18.
• The tenor of the loan for  ICICI bank home loan should terminate before the age of 65 of the customer.

ICICI home loan review states  the home loan service is open for Indians as well as NRI's.

 ICICI Bank Home Loan Documentation Process :

Common Documents:

Identity Proof

Residence Proof

Filled Application Form

Two Photographs

1All ICICI home loan customers should have a PAN card.

 ICICI bank home loan salaried customers:

1Three months salary slip

2Form 16 for the last two years

3Last six months bank statement

  ICICI bank home loan self employed customers:

1Educational Qualification existence and Proof Of Business Existence

2Three years tax return

3Last three years balance sheet and profit and loss account.

Procedure And Options To Apply For The Loan:

The customer needs to submit duly filled form and attach related documents and submit it to the bank authorities for processing. The form is available at the branches or can be downloaded from the official website of the bank.

Maximum And Minimum Tenor Of The Loan:

 As per the ICICI bank home loan eligibility one can get a maximum repayment period of 20 years.

What would be the repayment options/facilities?

The customer can pay back his loan in equated monthly installments.

Pre closure process: In case a customer of ICICI bank home loan wishes to close his loan before the agreed period or term is termed as pre closure. The bank charges a need to be found from the bank.

Tax benefits: One can get tax benefits on the principal and the interest paid according to the Income Tax Act 1961 which varies yearly according to the changes made by the Government.