EMI Schedule
| Month | Opening Balance | Interest | Principal | Closing Balance |
|---|---|---|---|---|
| Sep '23 | ₹ 10,00,000s | ₹ 13,333 | ₹ 1,61,196 | ₹ 8,38,803 |
| Oct '23 | ₹ 8,38,803 | ₹ 11,184 | ₹ 1,63,345 | ₹ 6,75,457 |
| Nov '23 | ₹ 6,75,457 | ₹ 9,006 | ₹ 1,65,523 | ₹ 5,09,933 |
| Dec '23 | ₹ 5,09,933 | ₹ 6,799 | ₹ 1,67,730 | ₹ 3,42,202 |
| Jan '24 | ₹ 3,42,202 | ₹ 4,563 | ₹ 1,69,967 | ₹ 1,72,235 |
| Feb '24 | ₹ 1,72,235 | ₹ 2,296 | ₹ 1,72,233 | ₹0.00 |
About ICICI Bank
ICICI Bank was established on 5th January 1994 and is one of the top private sector banks in India. It also has a presence in over 17 countries. ICICI Bank has approximately 5,900 branches and 16,650 ATMs spread all over the country.
Steps to Apply for a Home Loan
-
Log in to the lender’s website or download their app and create an account.
-
Once logged in, go to the home loan section and check your eligibility.
-
Upload the required documents mentioned. The requirements may vary depending on the bank.
-
Enter your loan amount and tenure and click on ‘Apply Now’ to initiate the application process.
Factors Affecting ICICI Bank Home Loan EMI
Before you use Moneyview’s ICICI Bank home loan EMI calculator, please note that multiple factors affect your EMI. Some of them are -
-
The interest rate offered by the bank
-
Your prior relationship with the bank
-
Valuation of the property that you want to finance
-
Your credit score and credit report
-
The downpayment amount
Conclusion
Moneyview’s ICICI Bank home loan EMI calculator aids in calculating your EMI amount with just a few clicks. Once you are sure about your tenure and interest rate, it calculates EMIs with accuracy and speed.
To get urgent funds, head over to Moneyview’s website or download the app and check your eligibility in 2 minutes.
ICICI Home Loan EMI Calculator - Related FAQs
According to the ICICI website, the most recent interest rates are 9.00% to 9.10%. You can get in touch with the bank to know the interest rates for your case.
The amount of loan you can get depends on many factors and not just your salary. Your credit score, debt-to-income ratio, and your property valuation will factor in when deciding the loan amount you can get.
Get an instant personal loan from moneyview
Download the app now from Google Play
