ICICI Loan Against Property - Features of ICICI Bank Loan Against Property

Individuals can mortgage either residential or commercial properties to avail the loan. Although you would be applying for a loan against property through ICICI Bank, the amount will be disbursed through ICICI Home Finance Company Limited, registered under National Housing Bank (NHB).

What Kind of Loan Against Property Scheme Does ICICI Bank Offer?
Unlike many other banks, ICICI Bank offers only a general Loan Against Property scheme. The loan can be availed at attractive interest rates and can be repaid over a tenure of 15 years.

Features of ICICI Bank Loan Against Property
Let’s look at the key benefits and features of ICICI Bank Loan Against Property:

You can use the loan for both the business and personal needs.

ICICI offers a maximum loan amount of Rs. 5 crores with a maximum loan tenure of 15 years.

ICICI Bank offers a balance transfer facility at an attractive interest rates, and also provides special offers to doctors.

You can mortgage both residential and commercial properties to avail loan against property.

ICICI Bank also offers upto 90% of the total LAP as overdraft.

ICICI Bank Loan Against Property EMI Calculator?
ICICI Bank’s Loan Against Property EMI Calculator is an online tool that helps you calculate your monthly installments for repayment towards your Loan. ICICI Bank's EMI Calculator provides an easy way out for everyone to use and give you instant results.

How to Apply for ICICI Bank Loan Against Property

Offline Method

Visit the nearest ICICI Bank Branch: To apply for an ICICI Bank Loan Against Property, you can visit the nearest bank branch and get in touch with the bank representatives.

Give a Missed Call: Other than visiting the branch; you can also give a Missed Call on 8100881008 anytime and wait for a bank representative to call back.

Online Method

ICICI bank provides customers with the online loan application facility as well, wherein you need to visit the official website and fill out an application form. After submitting it, a bank executive will get in touch with you within the next 24 hours to guide you.