ICICI NRI Home Loans – Interest Rates 2023, Documents, Apply

ICICI Bank NRI Home Loan – Check Documents, EMI, Interest Rates, Eligibility online. Want to buy or build a new home? Purchase land? Whatever be your unique need, ICICI Bank NRI home loan schemes fulfill all your needs. Check out details on Interest rates, documents, eligibility, EMI & other fees & charges through Deal4loans.

Interest Rate 8.60% – 9.95%
Processing Fees 0.50% + Tax
Loan Tenure 3 year to 30 years
Guarantor Requirement No Guarantor Required

Benefits of ICICI NRI home loans:

  • Check Latest ICICI Bank Home Loan Rates
  • fixed and floating interest rates as per your choice
  • Part–prepayment facility for zero fees.
  • Free personal accident insurance to the extent of loan outstanding.

Home Loan applications received for rupees ₹ 419,027 crores till 27 January 2023


Loan Amount

Annual Income


120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

Eligibility Required for NRI home loans in India:

Age: must be minimum 21 years old and maximum is 60 years or retirement age

Residential status

  • If salaried applicant, you should have been abroad for a minimum period of 1 year.
  • If self-employed applicant, you should have been abroad for a minimum period of 3 years.


  • * Tenor between 11–15 years, minimum qualification to be Diploma/ Graduate with minimum 3 years of employment abroad or professional qualification with 1 year of employment abroad.
  • Minimum Income Per Annum break up is as follows:
Countries Term<= 5 years Term 6&10 years Self employed
Middle East 36,000 dhms 48,000 dhms Post Graduate 96,000 dhms
Professional degree 72,000 dhms
USA & Others 30,000 USD 42,000 USD 42,000 USD
For Merchant Navy –
Term<= 5 years Term 6&10 years
20,000 USD 26,000 USD
For Self Employed –
Term<= 5 years Term 6&10 years
48,000 dhms for GCC 2,000 USD for USA and others.

Amount mentioned above or equivalent.

Processing Fee : 0.5% of the loan amount + applicable Service Tax & Surcharge

List of Documents required for nri home loans under ICICI Bank:

Personal details documents

  • 1 passport size latest photograph of each applicant (applicant & co-applicant) with signature across
  • Valid passport copies for all the applicants
  • Valid visa copies for all the applicants
  • Cheque / Draft in INR for fees (as per applicable rate) and the date must be in dd/mm/yyyy format*
  • Power of Attorney document as per our format duly signed by all the applicants
  • Authority letter duly signed by all the applicants as per our specified format
  • Copy of current overseas residential verification proof of all the applicants to the loan. (Driving license or bank statement showing overseas address or latest insurance premium receipt or utility bill)
  • Copy of PAN Card for the Ist applicant OR Form 60 as per our format attached here with
  • Self attested address proof of all applicants

Financial details documents: for salaried individuals

  • Copy of current appointment letter OR Copy of salary certificate clearly mentioning the date of joining, current salary earned and designation held in the company
  • Copy of previous appointment letters
  • Last 3 months salary slip for fixed salary and last 4 months for variable salary
  • Last 6 months bank statements clearly mentioning salary credits in the account

Financial details documents: for self employed individuals

Copy of

  • Incorporation of business
  • Income Proof –
    • Middle East: Last 2 years audited/C.A certified P&L accounts.
    • US & Canada: Last 2 years CPA compiled/reviewed/audited P&L accounts.
    • Others: Last 2 years C.A or equivalent certified/audited P&L accounts.
  • Partnership deed (incase of a partnership firm)
  • MOA & AOA of the company (incase of a private ltd. company)
  • Last 6 months bank statements in the company’s name
  • Last 6 months bank statements in individual’s name
  • Business profile and office address proof

NRI Personal Guarantor documents

If you have opted for a NRI Personal Guarantor on your loan, arrange to send the following documents

  • Passport & visa copies of the NRI Guarantor
  • Current overseas address verification proof of the NRI Guarantor. (Driving license or bank statement showing overseas address or latest insurance premium receipt or utility bill)
  • Current income documents of guarantor
Check Free Cibil Score
Apply Here
I authorize Deal4loans.com & its partnering banks to contact me to explain the product & I Agree to Privacy policy and Terms and Conditions.
Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.70% - 9.40%
HDFC Ltd 8.65% - 9.85%
ICICI Bank 8.75% - 9.80%
LIC Housing Finance8.65% - 10.25%
PNB Housing 8.50% - 10.35%
Axis Bank 8.60% - 9.05%
Bank of Baroda 8.45% - 9.80%
Canara Bank 8.60% - 10.80%
Aadhar Home loan N.A