logo
Home Loans
Calculators
Resources
Partner with Us
Find Properties
Free Credit Report
Home > Home Loan > Loan Against Property > ICICI Bank Loan Against Property | Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required

ICICI Bank Loan Against Property | Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required

June 3, 2025
Table of Contents

Life’s unexpected or planned expenses—from urgent medical bills to critical business capital—can be substantial. ICICI Bank’s Loan Against Property helps fulfill these aspirations by converting the value locked in your property into accessible funds.


Need funds urgently? Fast, hassle-free financing starts with a loan against property.

Call now!

ICICI Bank Loan Against Property Highlights

ICICI Bank Loan Against Property offers flexible terms, competitive interest rates, and high loan amounts, making it an ideal choice for aspiring homeowners.

AspectsHighlights
Interest Rates10.85% p.a. -12.50% p.a.
Loan Amount75% of the property value
TenureUp to 15 years
Processing FeesUp to 2% of the loan amount
Special BenefitsSpecial offers to doctors

Suggested Read: Loan Against Property vs. Personal Loan


ICICI Bank Loan Against Property Interest Rates

ICIIC Bank offers LAP at interest rates starting from 10.85% p.a. These rates vary based on factors such as CIBIL score, loan amount, occupation profile, and the property value.

SlabSalaried/ Self Employed (Professionals)Self Employed (Non -Professionals)
Up to ₹50 lakh11.35% p.a. – 12.00% p.a.11.85% p.a. – 12.50% p.a.
₹50 lakh to ₹100 lakh11.10% p.a.- 11.75% p.a.11.60% p.a. – 12.25% p.a.
Above ₹100 lakh10.85% p.a. – 11.50% p.a.11.35% p.a. – 12.00% p.a.

Suggested Read: Compare Loan Against Property Interest Rates with Top Banks


ICICI Bank Loan Against Property: Eligibility Criteria

Before applying for a loan against property, it’s essential to understand the eligibility criteria. Here’s the essential eligibility checklist set by ICICI Bank:

Eligibility CriterionRequirement
Age21 to 65 years or up to retirement age
Employment TypeBoth salaried and self-employed individuals are eligible
Credit ScoreMinimum 700 or above
CitizenshipMust be an Indian resident
Income StabilityProof of steady income is typically required
Debt-to-Income RatioMust meet acceptable DTI to ensure affordability

Suggested Read: Loan Against Property Tax Benefits


Types of Loan Against Property Offered by ICICI Bank

ICICI Bank understands that owning a home is a cherished goal for everyone. ICICI Bank loan against property schemes are thoughtfully designed to meet your unique needs, offering flexible terms and competitive rates.

LAP Top-up

  • Additional Funding: Secure extra funds on top of your existing Loan Against Property.
  • Versatile Usage: Suitable for both personal and business requirements.
  • Minimal Documentation: Enjoy a streamlined process if you already hold an LAP with ICICI Bank.

LAP for Doctors

  • Loan-to-Value: Avail up to 75% of your property’s value.
  • Purpose: Ideal for clinic expansion or other professional financing needs.
  • Loan Tenure: Access higher loan amounts with repayment terms of up to 15 years.

Suggested Read: Loan Against Property vs. Medical Loan

Home Overdraft (LAP OD)

  • Flexible Withdrawals: Draw funds as needed from your sanctioned limit.
  • Long-Term Dropline Limit: Auto-renews every year at minimal charges.
  • Interest Benefits: Pay interest only on the amount you actually utilize.

Suggested Read: Home Loan vs. Loan Against Property


Get a Home Loan
with Highest Eligibility
& Best Rates


ICICI Bank Loan Against Property: Processing Fees and Other Charges

ICICI Bank takes processing fees to cover the cost of reviewing your documents and assessing your loan application. Besides processing fees, borrowers may also have to pay administrative costs, legal fees, and prepayment charges.

ChargeAmount / Rate
Processing FeeUp to 2% of the loan amount
CIBIL Report Charges₹50
Administrative Charge₹5,000 + GST or 0.25% + GST, whichever is lower
Prepayment Charges4% of the outstanding amount
Conversion Charges– Floating (adjustable) to Fixed: ₹3,000
– Semi-Fixed/Fixed to Adjustable: 2% of principal outstanding
– Overdraft: 0.5% of principal outstanding

Suggested Read: NRI Loan Against Property


ICICI Bank Loan Against Property: Documents Required

When applying for a home loan with ICICI Bank, you will need to provide specific documents that verify your identity, income, and property details. Below is a detailed list:

Document TypeDocuments Required
Identity and Address ProofAadhaar Card
Passport
Driving License
Voter ID
NREGA Card
Letter from the National Population Register (NPR)
Date of Birth (DOB) ProofPassport
Driving License
Voter ID
NREGA Card
Letter from the NPR
Income Proof (Salaried)Latest Form 16
One-month Salary Slip
Bank Statements (last 6 months)
Income Proof (Self Employed)Bank Statements of All Operative Accounts (last 6 months)
CA-Certified/Audited Income Tax Returns (ITR) (last 2 years)
Computations of Income, Profit & Loss Account, Balance Sheet
GST Return (last 1 year)
Property DocumentsTitle Deed
Encumbrance Certificate
Latest Property Tax Receipts
Occupancy Certificate
Registration & Sale Deed
This is an indicative list only. The bank may request additional or alternative documents depending on individual circumstances.

Suggested Read: Loan Against Property without All Income Documents


Compare Top Banks Loan Against Property Interest Rates

Comparing loan against property interest rates from leading banks helps you identify affordable financing options. Get a clearer view of each lender’s terms and choose the best home loan that matches your budget and financial goals.

Banks/ NBFCsRate of InterestMaximum Loan Amount
SBI10.60% p.a. – 11.30% p.a.Rs. 7.5 Crore 
HDFC9.50% p.a. – 11.00% p.a.65% of the market value of the property
IDFC9.25% p.a. onwards50% – 70% of the market value of the property
Tata Capital14.25% p.a. onwardsDepending on the market value of the property
Axis Bank10.50% p.a. – 10.90% p.a.Rs. 5 Crore
Kotak Mahindra Bank9.50% p.a. onwardsRs. 5 Crore
Bank of India10.10% p.a. Per lakhRs. 5 Crore
LIC Housing Finance9.70% p.a. – 11.55% p.a.Rs. 2 lakhs onwards
PNB Housing Finance9.24% p.a. – 12.75% p.a.70% of the market value of the property
ICICI Bank10.85% p.a. – 12.50% p.a.75% of the market value of the property
Please note that these are indicative numbers, please refer to the official websites for the latest updated details.

Get a Home Loan
with Highest Eligibility
& Best Rates


Conclusion

Taking a loan against property is a big step. Putting your property as a collateral can be hard, but we make it easy. Choosing Credit Dharma for your home loan simplifies this process. We offer expert advice and personalized assistance to make everything hassle-free. You’ll receive timely updates on your loan application and disbursement progress.

From the initial application to the final disbursement, we provide comprehensive support. Enjoy clear and honest communication at every stage, with no hidden surprises.


Frequently Asked Questions

What is the current interest rate for an ICICI Bank Loan Against Property?

As of February 12, 2025, ICICI Bank offers loans against property with interest rates starting from 10.85% per annum.

Which bank generally offers the best Loan Against Property, and how does ICICI Bank compare?

HDFC Bank offers loans against property with interest rates starting from 9.50% per annum, which is lower than ICICI Bank’s starting rate of 10.85% per annum.

If I borrow ₹40 lakh as a Loan Against Property from ICICI Bank, what would my monthly EMI be?

At an indicative interest rate of around 10% for a 10-year tenure, the EMI would be roughly ₹52,800 per month.

What is the EMI for a ₹10 lakh Loan Against Property from ICICI Bank?

Assuming a 10% annual interest rate over a 10-year period, the approximate EMI would be about ₹13,200 per month.

How much would the EMI be for a ₹50 lakh Loan Against Property over 5 years with ICICI Bank?

With a notional 10% interest rate for a 5-year term, the EMI could be in the ballpark of ₹1.06 lakh per month.

Compare Home Loans
from Top Banks

HDFC Home LoanHDFC Home Loan
VS
SBI Home LoanSBI Home Loan
credit dharma home loan
credit dharma referral
  • Compare Popular Banks
  • HDFC vs SBI Home Loan
  • HDFC vs ICICI Bank Home Loan
  • Tata Capital vs HDFC Home Loan
  • SBI vs ICICI Bank Home Loan
  • HDFC vs Kotak Mahindra Home Loan
  • Bank of Baroda vs SBI Home Loan
  • HDFC vs Axis Bank Home Loan
  • SBI vs IDBI Home Loan
  • Recent Posts
  • How to Apply for Axis Bank Home Loan: Online Process, Application Stages, and Approval Timeline
  • Axis Bank Home Loan Balance Transfer
  • Axis Bank Loan Against Property | Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required
  • Axis Bank Home Loan Top-Up| Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required
  • What is the Minimum CIBIL Score for Getting a Home Loan from SBI?
  • Related Posts
  • Axis Bank Loan Against Property | Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required
  • ICICI Bank Loan Against Property | Check Interest Rates, EMI, Eligibility, Processing Fees, and Documents Required
  • Step by Step Guide to Apply Online for Loan Against Property
  • 5 Reasons a Loan Against Property is Better Than an Education Loan – Comprehensive Guide
  • Jio Finance Loan Against Property: Eligibility & Interest Rates
  • Home Loan vs Loan Against Property: Key Differences and Benefits
  • How to Get a Loan Against Your Airbnb Property?
logologo
Fast. Transparent. Spam Free.
Getting a home loan in India is none of the above.
At Creditdharma we are changing that and making your home buying journey stress free. Top Experts, Best Banking Partners and Super Easy Process.
Quick Links
Blogs
Home Loan Eligibility
Balance Transfer
Calculators
About Us
Partner with Us
Become an Advisor
Properties
Glossary
IFSC Code Search
Refer & Earn
Free Credit Report
Home Loan Score
Help
Sitemap
Get in Touch
Enzyme Office Spaces , 27th Main, 480/B, 18th Cross Road, HSR Layout, Bengaluru, Karnataka 560102
linkedininstatwt/x
General Enquiry
contact@creditdharma.in

Home Loans From Top Banks

SBI

SBI Home LoansSBI Home Loan EMI CalculatorSBI Home Loan Eligibility CalculatorSBI MaxGain Home LoansSBI Privilege Home LoanSBI Home Loan StatementSBI Home Loan Customer Care

HDFC

HDFC Home LoansHDFC Home Loan EMI CalculatorHDFC Home Loan Eligibility CalculatorHDFC Loan Against PropertyHDFC Home Loan with Overdraft FacilityHDFC Home Loan StatementHDFC Home Loan Customer Care

LIC Housing Finance

LIC Housing Finance Home LoansLIC Home Loan EMI CalculatorLIC Home Loan Eligibility CalculatorLIC Plot Loan DetailsLIC Home Loan StatementLIC Home Loan Customer Care

Bank of Baroda

Bank of Baroda Home LoansBank of Baroda Home Loan EMI CalculatorBank of Baroda Home Loan Eligibility CalculatorBank of Baroda Loan Against PropertyBank of Baroda Home Loan StatementBank of Baroda Home Loan Customer Care

IDBI Bank

IDBI Bank Home LoansIDBI Bank Home Loan EMI CalculatorIDBI Bank Home Loan Eligibility CalculatorIDBI Bank Home Loan Interest RatesIDBI Bank Home Loan StatementIDBI Bank Home Loan Customer Care

ICICI Bank

ICICI Bank Home LoansICICI Bank Home Loan EMI CalculatorICICI Bank Home Loan Eligibility CalculatorICICI Bank Home Loan Top-UpICICI Bank Home Loan StatementICICI Bank Home Loan Customer Care

AXIS Bank

AXIS Bank Home LoansAXIS Bank Home Loan EMI CalculatorAXIS Bank Home Loan Eligibility CalculatorAXIS Bank Loan Against PropertyAXIS Bank Home Loan StatementAXIS Bank Home Loan Customer Care

BAJAJ Housing Finance

BAJAJ Housing Finance Home LoansBAJAJ Housing Finance Home Loan EMI CalculatorBAJAJ Housing Finance Home Loan Eligibility CalculatorBAJAJ Housing Finance Sambhav Home LoanBAJAJ Housing Finance Home Loan StatementBAJAJ Housing Finance Home Loan Customer Care

Resources

Best Home Loans in Your City

Home Loans in BangaloreHome Loans in HyderabadHome Loans in MumbaiHome Loans in DelhiHome Loans in ChennaiHome Loans in JaipurHome Loans in Pune

Home Loans by Amount

Home Loan for 40 LakhsHome Loan for 45 LakhsHome Loan for 50 LakhsHome Loan for 55 LakhsHome Loan for 60 LakhsHome Loan for 65 LakhsHome Loan for 70 Lakhs

Home Loans by Salary

Home Loan for 40,000 SalaryHome Loan for 50,000 SalaryHome Loan for 60,000 SalaryHome Loan for 70,000 SalaryHome Loan for 80,000 SalaryHome Loan for 90,000 SalaryHome Loan for 1 Lakh Salary

Trending Home Loan Options

Home Loans for Salaried IndividualsHome Loans for Business OwnersPlot cum Construction LoansLoan Against Property DetailsHome Loan Top-Up DetailsHome Loan for NRIsHome Loan Without ITR Documents

Tools

Home Loan EMI CalculatorHome Loan Balance Transfer CalculatorCompare Home LoansHome Loan Eligibility CalculatorBuy vs Rent CalculatorFind Branch Details with IFSC CodeHome Loan Tax Benefits CalculatorFOIR CalculatorCheck Your Credit ScoreHome Loan Prepayment CalculatorHome Loan Insurance CalculatorProperty Budget CalculatorHome Loan with Overdraft CalculatorCapital Tax Gains CalculatorExplore CD Approved PropertiesPlot Loan EMI CalculatorRental Yield CalculatorHome Loan Downpayment Calculator30-30-30-10 Calculator

Compare Home Loans

HDFC vs SBI Home LoansHDFC vs ICICI Home LoansHDFC vs BAJAJ Housing FinanceSBI vs AXIS Home LoansBank Of India vs SBIBank of Baroda vs AXIS BankHDFC vs Bank of BarodaSBI vs IIFL Housing FinanceSBI vs ICICI BankSBI vs BAJAJ Housing FinanceAXIS Bank vs ICICILIC vs SBI Home Loans

Best Home Loan Offers

Best Banks for a Home Loan Balance TransferBest NBFCs for a Home LoanBest Small Finance Banks for Home LoansBest Housing Finance CompaniesBest Public Sector BanksBest Options for Independent Properties
© Copyright Tres Commas Technologies Pvt. Ltd.
CIN : U72900KA2021PTC143997
Privacy Policy | Terms & Conditions
Disclaimer : The information contained in this website is presented purely for information purposes only provided as service to the internet community at large. It does not constitute insurance advice and we do not guarantee the accuracy, adequacy or the completeness of the information contained here.
Loading...