Instant Home Loan

You can generate the sanction letter even if a property is not identified. Since the letter has a validity of 6 months, you need to identify a property within this period.

If you need a higher loan amount, you need to add the income of spouse or other blood relatives which is acceptable as per ICICI Bank (or any other additional sources of income such as rental/agricultural/dividend income). For a loan amount higher than the amount offered, you can apply for the same on Express Home Loan.

Yes. You are required to submit the following documents at the time of the disbursement:

• Property documents of the proposed property 

• Disbursement documentation (our executives/branch sales managers will assist you) 

• Any other document as per the conditions mentioned in your sanction letter or as per the property identified.

If you reduce the existing tenure, your loan amount will get reduced accordingly, so that the overall Equated Monthly Instalment (EMI) remains the same.