Loan Against Property from ICICI Bank is the Great way to unlock the hidden value of your property. With Property loan, you can utilise full benefits from life's little surprises you may have earlier passed over due to lack of funds. This multi-purpose loan puts funds at your disposal to use as you wish. What's more, loan against property is available at a reasonable rate and can be repaid comfortably over as many as 10 years.
|Banks||up to 30 lacs||30-75 lacs||75 & above||Processing fees|
||10.35% - 12.35%||10.35% - 12.35%||10.35% - 12.35%||Up to 1.25% of the loan amount or Rs. 3,000 whichever is higher, plus applicable taxes.|
||10.65% - 11.65%||10.65% - 11.65%||10.65% - 11.65%||2.00% or Rs.50,000 Maximum|
||N.A||N.A||N.A||0.50% - 1.00% of the loan amount or Rs.2000 whichever is higher|
||11.60% - 12.25%||11.60% - 12.25%||11.60% - 12.25%||1% + Service tax as applicable|
||11.00% - 14.50%||11.00% - 14.50%||11.00% - 14.50%||Up to 1.50% of the loan amount + S. Tax as Applicable|
||13%||13%||13%||1% of the loan amount|
Service and Other Charges for ICICI Loan Against Property:- You can choose from Adjustable, Fixed or Floating Rate Loan.
Note : Service Tax and other taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges
Source: ICICI Bank Website