Apply for ICICI Bank Loan Against Property

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Years Of Experience

About ICICI Bank Loan Against Property

ICICI Bank offers a secured Loan Against Property, providing financial support for various needs such as Wedding Expenditures, Medical Emergencies, Higher Education, Home Renovation, and Business Expansion.

LoanMoney, an authorized direct selling agent, can assist you in obtaining a Loan Against Property from various National, Multinational, and Non-Banking Financial Companies. As a registered and authorized Direct Selling Agent, LoanMoney provides reliable and trusted financial solutions tailored to your needs. Enjoy the benefits of a loan with minimal documentation, low-interest rates for an extended tenure, a swift approval process, nominal processing fees, and a range of flexible repayment options. Apply for a ICICI Bank Loan Against Property and avail of all these benefits.

Features of ICICI Bank Loan Against Property

Instant Personal Loan Approval up to Rs. 50 Lacs.
Minimum Document required
Hassle-free Application process
Quick Disbursal
Attractive Rate of Interest starts from 10.25% to 22.50%
Flexible Repayment Tenure from 12 to 72 months.
Unsecured Personal Loan

Details of ICICI Bank Loan Against Property

Interest Rate
Eligibility Criteria
Documents Required
General Information

Interest Rate

Fee	Amount to be Paid
Rate of Interest	7.50 % To 8.50%
Loan Processing Charges	0.50% To 0.75%
Cheque Bounce Charges	Rs. 500
Cheque/ Instrument Swap charges	Rs. 500
Prepayment/ Foreclosure Charges	Rs. 500
Default Interest Rate	As per Banks Nome
Duplicate Statement Issuance Charges	Rs. 100
Duplicate Amortization Schedule Charges	As per Banks Nomes
Duplicate Interest Certificate	Rs. 100
S(Provisional/ Actual) issuance Charges	As per Banks Nomes

ICICI Bank Loan Against Property Eligibility Criteria

Loan Amount: Rs 10 lakh – Rs 5 crore*

Age: Minimum: 25 Years Maximum: 65 Years or retirement age whichever is earlier

Eligible profiles: Salaried & Self-Employed

Tenure: Up to 15 Years

End use: Business expansion, Long Term Working Capital, Debt Consolidation, equipment purchase, medical exigency, education/marriage of children, holiday, etc.

Particulars	Salaried	Self Employed	Professional
Age(Min-Max)	25 To 65 Years	25 To 65 Years	25 To 65 Years
Minimum Income	Min. 3 Lakh p.a	Min. 3 Lakh p.a	Min. 3 Lakh p.a
Co-applicant	No Conditions	No Conditions	No Conditions
Loan Tenure	Up to 12 Years	Up to 15 Years	Up to 15 Years
Maximum Loan Amount	Max. 10 Crore	Max. 50 Crore	Max. 50 Crore
Employment/Business Continuity	Min. 3 Year	Min. 2 Year	Min. 2 Year
CIBIL Score	Min. 600 less than that case to case discussed	Min. 600 less than that case to case discussed	Min. 600 less than that case to case discussed

ICICI Bank Documents Required

Documents Required for Salaried / Self-Employed / Professional

Application Form with photograph duly signed

Identity / Address Proof:

Passport
Aadhar Card
PAN Card
Voter ID
Telephone Bill

Income Proof:

Last 3 Months Salary Slips
Form 16 / ITR
Latest 6 months’ bank statement (salary account for salaried, Current Account for self-employed)
Latest 3 years’ Financials – a) Computation of Income b) Balance Sheet and Profit & Loss Account (with Schedules and Audit Report) – Audited or CA certified

Proof of business stability/existence: Minimum 3 Years

ICICI Bank General Information

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Quick Enquiry for ICICI Bank Personal Loan

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Purpose for Taking ICICI Bank Loan Against Property

Wedding Expenditure

Make your wedding day more memorable by adding some extra facilities

Medical Emergencies

Fulfill your medical expenses like hospitalization bills, surgeries, and many other treatments.

Higher Education

Reduces the strain on your family savings and eliminates the need to liquidate your investments in fixed deposits.

Clients words

What our clients say

We pride ourselves on providing transparent and quality service to our clients, but you don’t just have to take our word for it. Read what our clients have to say about us.

Job Varghese

Client

I am totally satisfied by loan money and the way it services its customers.... especially I thank and appreciate Ms. Somya as she is a great resource to the organization. She has been constantly assisting me from start till the end and has been a very prompt and sensible officer as she could offer the relevant deal for me.

Vishwajeet Nanaware

Client

LoanMoney is really good in providing loan services. Particularly Chanchal, my loan assistant has great skills to communicate with her clients and understand their needs. She processed my personal loan on time. The rate of interest offered was lower than the others. it was overall a good experience with 100% satisfaction.

Avlokit Kaushik

Client

This is my second time in have taken a loan from LoanMoney. Kavita has helped me a lot..very cooperative very helpful very fast. Thanku again.

FAQ of Loan Against Property

How does the lending bank decide the amount that I can get as loan against property?
Basically, the bank looks at your repayment capacity. For calculating the loan amount, your income, age, eligibility, number of dependents, the income of spouse, assets, liabilities, stability, and business continuity and savings history are taken into consideration. However, the loan eligibility generally does not exceed 60 percent of the market value of the property.
Can there be a co-applicant for Loan Against Property?
You can include your spouse as a co-applicant and as a result, more amount is borrowed. However, if the property is co-owned, all the co-owners must mandatorily be co-applicants.
What is the processing fee for such a loan?
The processing fee for a loan against any property varies from bank to bank and is generally around 1 percent.
How is the interest rate calculated on Loan Against Property?
Interest is calculated on the daily decreasing balance. Your monthly out-go (Equated Monthly Installment - EMI) is very less as compared to the interest on the annual reducing balance.

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Branch Office

B-134, Third Floor, DDA Shed
Okhla Industrial Area, Phase - 1
New Delhi - 110020

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Head Office

B-520, Tower B,Logix Technova
Plot No. 44, Sector - 132
Noida - 201305, India

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Mon-Sat	10:00 - 06:00
Sunday	Online

Apply for ICICI Bank Loan Against Property

20

About ICICI Bank Loan Against Property

Features of ICICI Bank Loan Against Property

Details of ICICI Bank Loan Against Property

Interest Rate

Eligibility Criteria

Documents Required

General Information

Interest Rate

ICICI Bank Loan Against Property Eligibility Criteria

ICICI Bank Documents Required

ICICI Bank General Information

Quick Enquiry for ICICI Bank Personal Loan

How much do you need?

Purpose for Taking ICICI Bank Loan Against Property

Wedding Expenditure

Medical Emergencies

Higher Education

What our clients say

Job Varghese

Vishwajeet Nanaware

Avlokit Kaushik

FAQ of Loan Against Property

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