ICICI Bank Home Loan EMI Calculator
Estimate your monthly EMI and interest for an ICICI Bank Home Loan based on verified official card rates starting from 8.75% p.a.
Official Rate Formula & Benchmark:
ICICI Bank Home Loans are pegged to the ICICI External Benchmark Lending Rate (I-EBLR) linked to RBI Repo. Starting rate is 8.75% p.a. for prime salaried applicants.
Current official starting rate: 8.75% p.a. (Range: 8.75% – 9.90% p.a.).
ICICI Bank Home Loan EMI Calculator
Interactive calculation engine using official ICICI Bank rates
For 20 years at 8.75% p.a. reducing balance
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹96,543 | ₹4,33,689 | ₹5,30,232 | ₹49,03,457 |
| Year 2 | ₹1,05,337 | ₹4,24,895 | ₹5,30,232 | ₹47,98,120 |
| Year 3 | ₹1,14,933 | ₹4,15,299 | ₹5,30,232 | ₹46,83,186 |
| Year 4 | ₹1,25,403 | ₹4,04,829 | ₹5,30,232 | ₹45,57,783 |
| Year 5 | ₹1,36,827 | ₹3,93,405 | ₹5,30,232 | ₹44,20,956 |
Rate Verification & Official Notice
8.75% p.a.
8.75% – 9.90% p.a.
floating RateI-EBLR (Repo linked)
Applicable Conditions & Eligibility Factors:
- Starting rate of 8.75% for salaried borrowers with CIBIL score 750+
- Tenure up to 30 years
Source: ICICI Bank Home Loans Portal
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Pegged to ICICI Bank External Benchmark Lending Rate (I-EBLR).
- 2Instant digital sanction options available for existing salary customers.
Key Factors Influencing Your Rate
- •CIBIL Score tier
- •LTV ratio
Worked Numerical Example: ICICI Bank Home Loan EMI Calculator
For a ₹50,00,000 loan at 8.75% p.a. for 20 years (240 months), your monthly EMI is ₹44,186, with total interest of ₹56,04,340.
Frequently Asked Questions: ICICI Bank Home Loan EMI Calculator
- What is ICICI Bank starting home loan rate?
- Starts from 8.75% p.a.
- What is I-EBLR?
- It is linked to RBI Policy Repo Rate.