ICICI · private bank
ICICI Bank home loan interest rate today
ICICI Bank publishes home loan interest rates from 8.75% for new loans (checked 18 Oct 2026). Its floating rate follows the RBI repo rate, now 5.50%. To move an existing loan to a lower rate with ICICI, the fee is about ₹3,540 with GST on a ₹50 lakh loan, as published by ICICI.
Checked 18 Oct 2026 · ICICI's rate page
- Rate for new loans
- From 8.75%
- On ICICI's site
- RBI repo rate
- Follows it
- Repo now 5.50%
- Fee to lower rate
- ₹3,540
- ₹50 lakh loan, with GST
- Checked
- 18 Oct
- 2026
Rates for new loans
- Credit score 800 and above (salaried)8.75%
- Credit score 750 to 800 (salaried) (8.85% for self-employed)8.75%
Stated as valid till 31 Oct 2026.
Source: icici.bank.in · checked 18 Oct 2026 · from the official website
How the rate moves
ICICI's floating home loan rate follows the RBI repo rate through its Repo-linked (I-EBLR), so it moves when the RBI changes the repo rate.
Floating rates are repo-linked; the page states the repo rate effective 8 Oct 2026 as 5.50%.
How to ask ICICI for a lower rate
If you already have a loan with ICICI, you can ask it in writing to move you to its current rate. It is a request, and the lender decides.
- Visit any ICICI Bank loan servicing branch and ask for a rate reset on your existing floating-rate home loan (ICICI's rate-reset page says this is done at a branch).
- Pay the published flat fee of ₹3,000 plus GST once the revised rate is confirmed in writing.
- Ask for an SR number for the request.
The fee: about ₹3,540 with GST on a ₹50 lakh loan. Flat ₹3,000 plus GST to move a floating-rate loan to a lower floating rate.
Source: icici.bank.in · checked 18 Oct 2026 · from the official website
Paying off early
For loans sanctioned or renewed on or after 1 January 2026, no bank, NBFC or housing finance company may charge for part or full pre-payment of a floating-rate loan taken by an individual for non-business purposes, whatever the source of funds and with no lock-in. Older floating-rate home loans were already protected by RBI's 2012 and 2014 circulars (banks) and NHB directions (HFCs). Any charge not written in your sanction letter or Key Facts Statement cannot be levied.
Where to complain
Complain to ICICI first and keep the reference number it gives you.
If there is no reply within 30 days, or the reply does not satisfy you, you can complain to the RBI Ombudsman for free within 90 days after that (or after the lender's last reply, if later): online at cms.rbi.org.in, by email to [email protected], or by post.
After ICICI, the next step is the RBI Ombudsman. It is free and you do not need a lawyer.
Questions people ask
What is ICICI Bank's home loan interest rate today?
ICICI Bank publishes home loan interest rates from 8.75% for new loans (checked 18 Oct 2026). The rate you get depends on your credit score and loan, and ICICI decides the final rate.
Does ICICI Bank's home loan rate change when the RBI changes the repo rate?
ICICI's floating home loan rate follows the RBI repo rate through its Repo-linked (I-EBLR), so it moves when the RBI changes the repo rate. Floating rates are repo-linked; the page states the repo rate effective 8 Oct 2026 as 5.50%.
How do I get a lower rate on my existing ICICI Bank home loan?
Ask ICICI in writing to move your loan to its current rate. Visit any ICICI Bank loan servicing branch and ask for a rate reset on your existing floating-rate home loan (ICICI's rate-reset page says this is done at a branch). Pay the published flat fee of ₹3,000 plus GST once the revised rate is confirmed in writing. Ask for an SR number for the request. The fee is about ₹3,540 with GST on a ₹50 lakh loan, as published by ICICI. A lower rate is a request: the lender decides.
Can ICICI Bank charge me for paying off my home loan early?
No, not on a floating-rate home loan. For loans sanctioned or renewed on or after 1 January 2026, no bank, NBFC or housing finance company may charge for part or full pre-payment of a floating-rate loan taken by an individual for non-business purposes, whatever the source of funds and with no lock-in. Older floating-rate home loans were already protected by RBI's 2012 and 2014 circulars (banks) and NHB directions (HFCs). Any charge not written in your sanction letter or Key Facts Statement cannot be levied.
Where do I complain if ICICI Bank does not reply?
Complain to ICICI first through its complaints page. If there is no reply within 30 days, or the reply does not satisfy you, you can complain to the RBI Ombudsman for free within 90 days after that (or after the lender's last reply, if later): online at cms.rbi.org.in, by email to [email protected], or by post.
Compare with other lenders
Moving your loan to ICICI from another lender: a processing fee of about ₹29,500 with GST on a ₹50 lakh loan, as published by ICICI, plus stamp duty in some states.
Words on this page
- RBI repo rate:
- the rate the Reserve Bank of India sets for lending to banks. Many home loan rates move with it.
- EBLR:
- External Benchmark Lending Rate: a bank rate that follows the RBI repo rate.
- SR number:
- service request number: the reference the bank gives your request. Keep it.
- GST:
- Goods and Services Tax: 18% on bank fees.