4/25/2016

HomeLoanProcessingChargesOfICICIHomeFinance.

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ServicesandCharges

ServicesandCharges

ICICIHomeFinanceensuresthatyougetthebestHomeLoansintermsofinterestratesandother
facilities.YoucanchoosefromAdjustable,FixedorFloatingRateHomeLoan.
Charges

HomeLoans

Processing/
Administrative
Fees
0.50%1.00%oftheloanamountorRs.2000/whicheverishigher+applicable
(Chargedat
ServiceTax&Surcharge.
thetimeof
sanction)
Part
Prepayment
Fees

NIL

Cheque/
ECS
dishonour
Charges,per
transaction

Rs.200/orsuchotheramountasmaybespecifiedbyIHFCfromtimetotime
plusapplicabletaxesandotherstatutorylevies.

Documents
Retrieval
Charges

Rs.500/(RupeesFiveHundredOnly)plusapplicabletaxesand/orother
statutoryleviesifany.

Cheque/
Repayment
Modeswap
charges

Rs.500/(RupeesFiveHundredOnly)plusapplicabletaxesand/orother
statutoryleviesifany.

Chequere
presentation
Charges

Rs.500/(RupeesFiveHundredOnly)plusapplicabletaxesand/orother
statutoryleviesifany.

Chargesper
EMIfor
paymentafter
DueDate

Rs.200/plusapplicabletaxesplusapplicabletaxesand/orotherstatutorylevies
ifany.

Penaltyfor
delayed
payment

Chargesforlatepayment/Additionalinterest:2%permonthplusapplicable
taxesifany.

Chargesfor
Amortisation
Schedule

Rs.100/(RupeesOneHundredonly)plusapplicabletaxesorotherstatutory
leviesifany.

Chargesfor
Statementof
account

Rs.100/(RupeesOneHundredonly)plusapplicabletaxesorotherstatutory
leviesifany.

Chargesfor
prepayment
statement

Rs.100/(RupeesOneHundredonly)plusapplicabletaxesorotherstatutory
leviesifany.

Chargesfor
duplicate
NOC/Nodue
certificate.

Rs.100/(RupeesOneHundredonly)plusapplicabletaxesorotherstatutory
leviesifany.

Chargesfor
Rs.100/(RupeesOneHundredonly)plusapplicabletaxesorotherstatutory
revalidationof
leviesifany.
NOC
Conversion
charges
Prepayment
Charges*

http://www.icicihfc.com/rates.html

Pleaserefertothewebsite/branchofficialforchargesasapplicableatthetimeof
conversion.
Interest
Type

LoanType

IndividualBorrower

Non
Individual
Borrower

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4/25/2016

HomeLoanProcessingChargesOfICICIHomeFinance.

HomeLoan/
Home
Improvement
Loan/Dual
rateHome
Loan(during Nil
theperiodof
applicability
ofthefixed/
initialrateof
interest)

2%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding
amounts
soughtto
beprepaid
(such
amounts
shall
includeall
amounts
prepaid
duringthe
given
financial
year)shall
belevied.
2%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding

Floating

LandLoan

Nil

amounts
soughtto
beprepaid
(such
amounts
shall
includeall
amounts
prepaid
duringthe
given
financial
year)shall
belevied.
4%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding
amounts
soughtto
beprepaid

OtherLoans

Nil

Noprepaymentchargesshallbelevied
onfixedratehomeloan/home
improvementloan/fixedfirsthomeloan
HomeLoan/ iftheprepaymentismadebythe
borrowerfromhis"ownsources".The
Home
Improvement expression"ownsources"forthis

http://www.icicihfc.com/rates.html

(such
amounts
shall
includeall
amounts
prepaid
duringthe
given
financial
year)shall
belevied.
2%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding
amounts

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4/25/2016

HomeLoanProcessingChargesOfICICIHomeFinance.
Loan/Dual
rateHome
Loan(during
theperiodof
applicability
ofthefixed/
initialrateof
interest)

Fixed
LandLoan

purposemeansanysourceoffunds
otherthanborrowingfromaBankor
FinancialInstitution.Incasethe
prepaymentisnotmadebytheborrower
fromhis/her"ownsources",prepayment
chargesamountingto2%,plus
applicableservicetaxandsurcharge,of
theoutstandingamountssoughttobe
prepaidthroughfinancefromanyBank

soughtto
beprepaid
(such
amounts
shall
includeall
amounts
prepaid
duringthe

orFinancialInstitution,(suchamounts
shallincludeallamountsprepaidduring
thegivenfinancialyear)shallbelevied.

given
financial
year)shall
belevied.

ForLandloans,noprepaymentcharges
shallbeleviedontheborrowerifthe
prepaymentismadebytheborrowers
fromhis/herownsourceswithin3years
fromthedateoffirstdisbursement.The
expression"ownsources"forthis
purposemeansanysourceotherthan
borrowingfromaBankorFinancial
Institution.Intheevent,prepaymentis
madeafter3years,prepaymentcharges
shallbeleviedontheborrower/sincase
thehousehasnotbeenconstructed
irrespectiveofthesourceofprepayment.
Howeverifthehouseisconstructed,
prepaymentchargesshallcontinuetobe
payableincasetheprepaymentismade
fromborrowingfromanyBankor
FinancialInstitution.Forsuchcases,the
prepaymentchargeamountingto2%,
plusapplicableservicetaxand
surcharge,oftheoutstandingamounts
beingsoprepaidthroughborrowingfrom
anyBankorFinancialInstitution(such

2%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding
amounts
soughtto
beprepaid
(such
amounts
shall
includeall
amounts
prepaid
duringthe
given
financial

year)shall
amountsshallincludeallamounts
belevied.
prepaidduringthegivenfinancialyear)
shallbelevied.ICICIHFCshallseek
proofofcompletionofhouseconstruction
asdeemedappropriate.

OtherLoans

4%,plusapplicableservicetaxand
surcharge,oftheoutstandingamounts
soughttobeprepaid(suchamounts
shallincludeallamountsprepaidduring
thegivenfinancialyear)shallbelevied.

4%,plus
applicable
servicetax
and
surcharge,
ofthe
outstanding
amounts
soughtto
beprepaid
(such
amounts
shall
includeall
amounts
prepaid
duringthe
given
financial
year)shall
belevied.

Disclaimer: The rates, fees, charges etc. as stated herein above are subject to changes/ revision
fromtimetotimeatthesolediscretionofICICIHomeFinance.
Note1:ServiceTaxandothertaxes,levies,etc.applicableasperprevailingratewillbecharged
overandabovethesecharges.
Inordertofacilitateeasier/fasterandsecuredtransactions,ICICIHomeFinanceCompanyLimited
offersepaymentandereceiptservicestoitscustomers.

http://www.icicihfc.com/rates.html

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4/25/2016

HomeLoanProcessingChargesOfICICIHomeFinance.
ThefloatinginterestrateonICICIHomeFinanceislinkedtoICICIHomeFinancePrimeLending
rate(IHPLR).
TheIHPLRhasbeendecreasedby35basispoints(i.e.0.35%)witheffectfromOctober05,2015.
ThustheIHPLRhasbeendecreasedfrom17.45%to17.10%
ToknowmoreaboutthechangeinIHPLRanditsimpactpleaseclickhere(FAQs).
Forfurtherqueriesregardingthechangeinrate,pleasegetintouchwithourcallcenter.
RangeofInterestratesforMortgageLoans
RangeofInterestratesforMortgageLoans
LoanType

Mean
Minimum

Maximum

Housing

9.30%

12.00%

9.70%

NonHousing

9.50%

14.00%

11.34%

Notes:
Therangeofinterestratesprovidedaboveiswithrespecttoloanstoindividualsdisbursed
duringQuarterIVFY:20152016.

MeanRate=Sumof(Disbamt*Intrate)/TotalDisbAmt

Itincludesvariouscategorieslikefixedrate,floatingrateandisbasedonfactorssuchasloan

amount,customerrelationships,etc.

AnnualPercentageRate
TheAnnualPercentageRate(APR)isamethodtocomputeannualizedcreditcostwhichincludes
interestrateandloanoriginationfee.
Tocalculatethesame,pleaseclickheretodownloadtheAPRcalculator.

ApplynowforHomeLoan
ApplyonlineorSMSIHFC
to5676766orCallus

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