Updated: 29-04-2022 06:50:37 AM
ICICI Bank Top Up Home Loan Highlights 2022 | |
| Interest Rates | Depends on the credit profile of the existing home loan borrowers and the interest rate charged on their underlying home loan |
| Tenure | Home Loan Top Up: Up to 20 years Insta Top Up Loan: Up to 10 years 24 Hours Top Up Loan: Up to 10 years |
| Loan Amount | Home Loan Top Up: Rs. 50,000 onwards Insta Top Up Loan: Up to Rs. 1 Crore 24 Hours Top Up Loan: Up to Rs. 1 Crore |
| Prepayment Charges | NIL for floating rate loans 2% plus applicable taxes on top up loans availed on fixed rate of interest |
Table of Contents
ICICI Bank Top Up Home Loan Interest Rates
The Interest rate for ICICI Bank Top Up Home Loan depends on the credit profile of the existing home loan borrowers and the interest rate charged on their underlying home loan.
ICICI Bank Home Loan Top Up Fees and Charges
| Particulars | Rates |
| Prepayment Charges | Nil for loans offered on floating interest rates Top Up on existing home loan with fixed interest rate: 2% plus applicable taxes on the principal outstanding on full repayment of Top Up on home loans with fixed interest rate. Top Up on existing home loan for business purpose: 2% plus applicable taxes on the principal outstanding on full repayment of Top Up (if it is for business purpose) on an existing home loan. |
Types of ICICI Bank Top Up Home Loan
- ICICI Bank Home Loan Top Up
- Tenure: Up to 20 years
- Loan Amount: 50,000 onwards
- Overdraft Facility: Available
- ICICI Bank Insta Top Up Loan
- It is a pre-approved top up loan offered to select existing home loan borrowers. This loan facility comes with instant disbursal in just 3 clicks.
- Tenure: Up to 10 years
- Loan Amount: Up to Rs. 1 Crore
- ICICI Bank 24 Hours Top Up Loan
- It is a pre-approved top up loan offered to select existing home loan borrowers, with turnaround time for disbursal within 24 hours
- Tenure: Up to 10 years
- Loan Amount: Up to Rs. 1 Crore
Eligibility for ICICI Bank Top Up Home Loan
- Home Loan Top Up
- Existing Home Loan borrowers
- Insta Top Up Loan
- Existing Home Loan borrowers who have a pre-approved offer for the Insta Top Up Loan from ICICI Bank
- 24 Hours Top Up Loan
- Existing Home Loan borrowers who have a pre-approved offer for the 24 Hours Top Up Loan from ICICI Bank
- The borrower must have no other active top up loan
Documentation Required for ICICI Bank 24 Hours Top Up Loan
- Home Loan Top Up: The documentation process is easier for customers who already have an existing Home Loan with ICICI Bank.
- Insta Top Up Loan: No fresh documentation required
- 24 Hours Top Up Loan: No fresh documentation required