MoneyMust Product Factsheet
Generated on 9/20/2026
Verified Financial Information
www.moneymust.in
ICICI Bank Home Loan Balance Transfer
Offered by ICICI Bank
The Verdict
Efficient takeover process for salaried borrowers with strong credit.
Provider
ICICI Bank
MoneyMust Intelligence Score
Scored across value, trust, transparency, popularity and risk using 24+ verified data points.
See full breakdownInterest Rate
8.5% - 9.7%
Processing Fee
0.5%
Max Tenure
360 Months
Max Amount
₹5 Cr
Min. Income
₹35 K
Calculated using 24+ data points including fees, settlement ratios, and user sentiment.
Intelligence Engine
Trust & Stability
Verified institutional stability. ICICI Bank maintains a high Tier-1 capital ratio and positive regulatory track record.
Value Efficiency
Calculated return-on-fees ratio is in the top 15% of the loans category. Optimized for long-term growth.
Research Summary
This loan is most often researched by individuals with an income above ₹35 K/mo who prioritize comprehensive features. Research pointer: compare this with 2-3 alternatives in the same category to understand the cost-benefit trade-offs yourself.
Key Benefits & Features
Quick sanction for salaried
Doorstep pickup of documents
Pros
- Quick sanction for salaried
- Doorstep pickup of documents
Cons
- Needs 720+ score for best rate
Plan Your Repayment
Your Inputs
Monthly EMI
Principal
₹30 L
Interest
₹32.48 L
Total interest
₹32,48,327
Total payment
₹62,48,327
Note: These calculations are indicative based on the loan parameters. Actual EMIs may vary based on specific terms and underwriting.
Detailed Eligibility & Criteria
Criterion 1
Age: 21 - 65 years
Criterion 2
Employment: Salaried with min 2 years experience or Self-Employed with 3 years IT returns
Criterion 3
Minimum Income: ₹35,000 per month
Criterion 4
Credit Score: 750+ for best interest rates
Criterion 5
Stable residence for at least 1 year
Required Documents
Important Exclusions
Fees & Finance Charges
| Particulars | Charge Amount |
|---|---|
| Interest Rate (Floating/Fixed) | 8.5% - 9.7% |
| Processing Fee | 0.5% (0.5% + GST) |
| Prepayment Charges | Nil on floating rate |
| Processing Fee | 0.5% + GST |
| Legal & Valuation | At actuals |
Fees and charges are subject to revision by the institution. GST at 18% is applicable on all fees and interest components as per Govt. norms.Source: Verified by MoneyMust Research Team from official bank product disclosures (Aug 2026).
Educational Disclaimer
This page is intended for informational and educational purposes only. It is not financial, investment, insurance, legal or tax advice, and it is not an offer or solicitation to buy any product. MoneyMust is an independent research platform and is not an adviser, broker, distributor or agent. Verify current terms with the institution and consult a qualified professional before making a decision.