Calculate your ICICI home loan EMI.
Use this calculator with ICICI's typical rate range. See your EMI, the principal-versus-interest split, and the tax-adjusted effective cost. Independent of ICICI — we don't sell loans or pass your details to anyone.
What this loan really looks like
The lifetime split is only part of the story. These show how the principal/interest mix shifts year by year, how slowly the balance falls, and the month your payment finally tips toward principal.
About ICICI Bank home loans
ICICI Bank links its home loan rates to the Repo-linked Lending Rate (RLLR). Rate changes typically follow RBI repo rate movements within one quarter.
ICICI home loan at a glance
| Typical rate range | 8.75% to 9.85% |
|---|---|
| Maximum tenure | 30 years |
| Maximum loan amount | 90% of property value for loans up to ₹30 lakh; lower LTV for higher amounts |
| Eligibility (age) | salaried minimum age 21, self-employed minimum age 25; maximum age at loan maturity 65 for salaried |
| Processing fee | 0.50% of loan amount (minimum ₹3,000) + GST |
ICICI home loan highlights
- Online home loan application with instant in-principle approval
- Property search via iLens portal integrated with the application
- Home Overdraft option — flexible drawdowns within sanctioned limit
- Joint application allowed with non-earning spouse for tax planning
- Insta Home Loan for pre-approved customers (decision in minutes)
Disclaimer: indiaemi.com is not affiliated with ICICI Bank. The rate ranges, eligibility criteria, and other figures shown here are based on publicly available information and may change without notice. Always confirm current rates and terms directly with ICICI before making any loan decision.
Tax benefits apply equally — regardless of which bank
The Income Tax Act sections (24(b) and 80C) apply to all home loans from approved Indian banks and housing finance companies, under the old regime. (Section 80EEA is closed — it covered only loans sanctioned between 1 April 2019 and 31 March 2022.) — ICICI loans are no exception. The calculator above incorporates these benefits automatically. For more on home loan tax benefits, see our how EMI works and glossary pages.
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Sources & standards
Every regulated figure on this page, what it is, and the primary source it comes from. Two Acts are live: the Income-tax Act, 1961 governs FY 2025-26 — the return being filed now — while the Income-tax Act, 2025 governs FY 2026-27 onward. The amounts are unchanged; only the section numbers moved.
| What | Current value | Source | Verified |
|---|---|---|---|
| Interest deduction cap — self-occupied property | ₹2,00,000/yr | Income-tax Act, 1961 — s.24(b) (FY 2025-26 & earlier) Income-tax Act, 2025 — s.22(1)(b) & (c); cap in s.22(2) (in force 1 Apr 2026) | 2026-07 |
| Principal repayment deduction cap (shared with EPF, PPF, ELSS, insurance) | ₹1,50,000/yr | Income-tax Act, 1961 — s.80C (FY 2025-26 & earlier) Income-tax Act, 2025 — s.123, read with Schedule XV (in force 1 Apr 2026) | 2026-07 |
| Additional interest deduction — first-time buyers (CLOSED) closed | ₹1,50,000/yr window 2019-04-01 → 2022-03-31 | Income-tax Act, 1961 — s.80EEA (FY 2025-26 & earlier) Income-tax Act, 2025 — s.131 (in force 1 Apr 2026) | 2026-07 |
| Optional regime — retains deductions at higher slab rates | std deduction ₹50,000 4 slabs, top rate 30% | 2026-07 | |
| Loan-to-Value ceilings — individual housing loans | 90% — up to ₹30,00,000 80% — up to ₹75,00,000 75% — above ₹75,00,000 | RBI (Commercial Banks — Credit Facilities) Directions, 2025, para 111 | 2026-07 |
| RBI policy repo rate and typical home-loan EBLR spread | repo 5.25% EBLR spread 2.25–3.5% | RBI Monetary Policy Committee | 2026-07 |
Not tax or legal advice. See every standard this site uses →