ICICI Bank advertises a home loan from 8.50% p.a. onwards. The bank can charge up to 9.65% for this product, so the advertised figure is a starting rate, not an offer.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 8.50% | 9.65% | Repo-linked (EBLR) | 0.5% + applicable taxes |
Updated 17 Sep 2026 · Lender rate pages, checked individually
What that costs in rupees
On a loan of ₹50,00,000 over 20 years, at the advertised rate and at the bank’s own ceiling:
| EMI at 8.50% | ₹43,391/month |
|---|---|
| Total interest | ₹54,13,879 |
| EMI at the 9.65% maximum | ₹47,097/month |
| Extra interest at the maximum rate | ₹8,89,499 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
Those are one loan size and one tenure; put your own amount and term through the EMI calculator before you commit to a budget.
How it compares
ICICI Bank is the 12th cheapest of the 12 providers we track — 1.35% above Canara Bank, LIC Housing Finance and Union Bank of India at 7.15%, and 1.30% above Bank of Baroda at 7.20%. On a ₹50 lakh loan that gap is real money over 20 years, which is why it is worth reading the whole table of home loan interest rates rather than one lender’s card.
Other private banks
| Bank | Advertised home loan rate |
|---|---|
| Kotak Mahindra Bank | 7.60% |
| HDFC Bank | 7.75% |
| Axis Bank | 8.00% |
| ICICI Bank | 8.50% |
Updated 17 Sep 2026 · Lender rate pages, checked individually
What moves this rate
Private sector bank. Floating retail loans are priced off an external benchmark, so RBI rate cuts pass through within a reset cycle.
The advertised rate is a starting point, not an offer. It goes to the strongest applicants: a high credit score, a big down payment and usually a salaried job at an approved employer. The maximum in the table above is the bank’s own upper limit. Where you land between the two is set by your credit score, not by bargaining — which makes the months before you apply the cheapest time to improve your credit score.
Read the fee together with the rate, not separately. ICICI Bank’s 0.5% processing fee is quoted before tax; add 18% GST to get what you actually pay, and check the charges that sit outside it. On a big, long loan the rate matters most. On a smaller or shorter one, a low rate with a high fee is often the costlier deal.
ICICI Bank home loan in detail
- ICICI Bank home loan interest rate — what the bank advertises, the most it can charge, and what decides where you land in between.
- ICICI Bank home loan EMI — what your loan costs each month, and what the same loan costs at the highest rate.
- ICICI Bank home loan fees and charges — the processing fee the bank publishes, plus the charges that sit outside it.
Other ICICI Bank products
- Personal loan — from 9.99%.
- Fixed deposit — from 6.50%.
- Credit cards — 2 cards reviewed.
Terms change without notice. Confirm the current figures with ICICI Bank before you act.
Related reading
ICICI Bank Credit Cards
The ICICI Bank credit cards we review, what each returns, and how the bank compares.
6 Sep 2026 · 1 min
ICICI Bank Fixed Deposit
What ICICI Bank pays on a fixed deposit, what it is worth in rupees after tax, and how it compares with every other provider we track.
2 Oct 2026 · 2 min
ICICI Bank Personal Loan
What ICICI Bank charges for a personal loan, what it costs in rupees, and how it compares with every other provider we track.
17 Sep 2026 · 1 min