ICICI NRI Home Loan

ICICI NRI Home Loan Highlights
Interest rates	7.70% p.a. onwards
Loan amount	Depends on borrower’s profile
Repayment tenure	Up to 30 years

Note: Interest rates as of 21 August 2025

ICICI NRI Home Loan Interest Rates

ICICI Bank has not set any separate interest rates for NRI Home Loans. The interest rates applicable for various ICICI home loan products should be applicable for NRI home loan applicants as well.

ICICI Bank offers home loans at interest rates starting from 7.70% p.a. onwards to its pre-approved customers. Home loan interest rates offered by ICICI Bank for regular home loans are as follows:

Special Home Loan Rates

CIBIL Score	Salaried	Self-employed
>=800	8.75%	8.75%
750-800	8.75%	8.85%

Standard Pricing

Slab	Floating Interest Rates (p.a.)
	For Salaried	For Self-employed
Up to Rs. 35 lakh	8.75%-9.40%	8.75%-9.55%
Rs. 35 lakh to Rs. 75 lakh	8.75%-9.55%	8.75%-9.70%
Above Rs. 75 lakh	8.75%-9.65%	8.75%-9.80%

ICICI NRI Home Loan Fees and Charges

ICICI Bank has not set any separate fees and charges for NRI Home Loans. The fees applicable for various ICICI home loan products should be applicable for NRI home loan applicants as well. The fees and charges of ICICI Bank for various home loan products are as follows:

Processing fee	0.50% – 2.00% of the loan amount or Rs 1500 (Rs 2000/- for Mumbai, Delhi & Bangalore), whichever is higher + GST
Prepayment charges	Floating ROI (Home Loan, Land Loan and Home Improvement Loan): NIL
	Full repayment on Fixed ROI (GCCHome Loan, Land Loan, Home Improvement Loan & Top Up Home Loan): 2% + taxes on outstanding principal
	On full repayment of Top Up on Home Loan for business purpose: 2% + taxes on outstanding principal
	Floating ROI for non-business purpose: NIL

Types of ICICI NRI Home Loan

ICICI Home Loan

Purpose: For purchasing or constructing home properties.

Tenure: Up to 30 years

ICICI Home Improvement Loan

Purpose: For renovating or repairing the house.

Tenure: 15 years

ICICI Land Loan

Purpose: For purchasing land/plot

Tenure: Up to 20 years

ICICI NRI Home Loan Eligibility Criteria

• Minimum age: 21 years
• Maximum age: 65 years or retirement (whichever is earlier at the time of loan maturity)
• Salaried NRIs are required to have minimum 1 year of overseas employment
• Self-employed NRIs are required to be engaged in the current overseas business for at least 3 years
• Minimum income:

Countries	Merchant Navy	Other than merchant navy
GCC (Gulf Cooperation Council)	26,000 USD	84,000 AED
Other Countries	26,000 USD	42,000 USD

 

ICICI NRI Home Loan Documents Required

Common Documents for Salaried and Self-Employed Individuals:

• Duly signed application form as per the bank’s format and passport size photographs
• KYC documents – Identity Proof, Overseas & Indian Address Proof, Signature proof (PAN Card / Form 60 as per our format, Passport, etc)
• Residence Proof in India:- Aadhar card/ Passport copy
• Copy of Valid Passport and Visa copy
• For PIO / OCI applicants- PIO or OCI Card & Stamped and notarized declaration as per format with Ration Card/ Passport of parents/grand-parents/ spouse of PIO establishing their Indian citizenship
• Processing fee cheque from NRE/NRO/overseas salary account of the customer.
• Power of Attorney document as per our format duly signed by all the applicants
• Non solicitation declaration as per our format to be signed by the applicants if the home loan is applied when customer is in India

Income Documents for Salaried:

• Salary slip for 3 months
• 3 months bank statements
• Appointment letter/employment contract
• Credit Report downloaded (From Transunion / Equifax), Experian or Transunion of all applicants.

Income documents for self-employed:

• 6 months bank statements
• Incorporation certificate, Latest 3 years audited financials with CA certification, IT Returns etc.
• Credit Report downloaded (From Transunion / Equifax), Experian or Transunion of all applicants.
• Office Address Proof & Business Profile

Additional Documents Required for Balance Transfer for Salaried and Self-Employed Individuals:

• Latest 12 months Statement from the loan account
• Outstanding principal statement on existing lender’s letterhead
• Original list of documents
• Declaration cum Undertaking of legal documents submitted to the existing lender