ICICI Bank supports a home loan eligibility calculator, which a borrower can use to check the amount of loan he/she is eligible for in the country. For example, if you are 30 years old and your net monthly income is Rs. 35,000, you can go for a loan amount of Rs. 25.87 lakh at the interest rate of 7.60% for a tenure of 20 years, provided you have no other existing loans, such as a car loan or a personal loan to repay.
Steps to follow:
The following criteria need to be fulfilled to avail of a home loan from ICICI:
To get more information, go to Magicbricks and determine your eligibility to secure a home loan.
Your eligibility primarily depends on the income and capacity of repayment. Though a few other factors also determine your eligibility. These include:
You can follow the tips below to improve your eligibility for a home loan:
Disclaimer: The information available on this site has been gathered from publicly available sources and is accurate to the best of our knowledge. However, please be aware that the rates and other offers may vary based on your profile and may be subject to change without notice. Therefore, we advise you to verify the information before applying for any loan through this website. Magicbricks accepts no liability for any loss arising from the use of the information on this website. Refer T&C for the detail.
(T&C link: https://property.magicbricks.com/terms/terms.html)
**This service is available in select cities only.
*These calculators are only for illustrative purposes. These figures may or may not be applicable to your particular situation. Magicbricks will not be responsible for any loss or liability arising from the use of these calculators.