ICICI Bank provides Loan Against Property with interest rates starting from 10.60% p.a.for loan amounts of up to ₹5 crore and tenures extending up to 15 years. The bank also provides exclusive benefits such as a special scheme for doctors, allowing loans of up to 70% of property value with quick sanctions, along with a home Overdraft facility available up to ₹1 crore for salaried applicants and up to ₹5 crore for self-employed individuals. Additionally, existing LAP borrowers can enjoy the benefit of top-up loans for added financial flexibility.
At CreditCares, we make the ICICI Bank Loan Against Property process faster, easier, and stress-free. Since we work directly with ICICI Bank and several other top lenders, we compare offers and ensure you get the best loan deal at the lowest rate, saving you both time and money.
ICICI Bank Loan Against Property Highlights (Updated: 25-08-2025)
| Feature | Details |
|---|---|
| Interest Rates | 10.60% – 12.25% p.a. (based on profile & loan type) |
| Loan Amount | ₹10 lakh – ₹5 crore |
| Loan-to-Value (LTV) | Up to 75% of property value |
| Tenure | Up to 15 years |
| Processing Fee | Up to 2% of loan amount (plus applicable taxes) |
| Special Scheme | Exclusive scheme for doctors with quick sanction up to 70% of property value |
| Overdraft Facility | Home overdraft up to ₹1 crore (salaried) & up to ₹5 crore (self-employed) |
| Top-Up Loan | Available for existing LAP borrowers |
| Total Repayable Amount | Depends on loan amount, tenure & applicable interest (check via ICICI Bank EMI Calculator) |
ICICI Bank Loan Against Property Interest Rates (2025)
ICICI Bank Loan Against Property interest rates start from 10.60% p.a. onwards, depending on the applicant’s loan amount, employment profile, and sector classification (priority or non-priority).
For Salaried & Self-Employed Applicants (Priority Sector Lending)
| Loan Amount | Interest Rate (p.a.) |
|---|---|
| Up to ₹50 lakh | 11.10% – 11.75% |
| ₹50 lakh – ₹1 crore | 10.85% – 11.50% |
| Above ₹1 crore | 10.60% – 11.25% |
For Self-Employed Applicants (Non-Priority Sector Lending)
| Loan Amount | Interest Rate (p.a.) |
|---|---|
| Up to ₹50 lakh | 11.60% – 12.25% |
| ₹50 lakh – ₹1 crore | 11.35% – 12.00% |
| Above ₹1 crore | 11.10% – 11.75% |
📌 Note: Final rates also depend on factors like CIBIL score, loan tenure, and property type.
Compare Interest Rates on Loan Against Property for Top Banks & HFCs (2025)
| Name of the Lender | Interest Rate (% p.a.) | Apply Online |
|---|---|---|
| State Bank of India | 9.20 – 10.50 | Apply Now |
| Bank of Baroda | 10.85 – 18.35 | Apply Now |
| PNB Housing Finance | 9.25 – 15.00 | Apply Now |
| IDFC First Bank | 9.00 – 16.50 | Apply Now |
| HDFC Bank Limited | 9.50 – 11.00 | Apply Now |
| L&T Housing Finance | 9.50 onwards | Apply Now |
| LIC Housing Finance | 9.50 – 11.55 | Apply Now |
| Godrej Housing Finance | 9.75 onwards | Apply Now |
| ICICI Bank | 10.60 – 12.25 | Apply Now |
| Tata Capital | 9.00 onwards | Apply Now |
| Axis Bank | 10.50 – 10.95 | Apply Now |
| Punjab National Bank | 10.15 – 14.00 | Apply Now |
ICICI Bank Loan Against Property – Fees & Charges (2025)
| Type of Charge | Details |
|---|---|
| Processing Fee | Up to 2% of the loan amount |
| CIBIL Report Charges | ₹50 |
| Administrative Charges | ₹5,000 + GST OR 0.25% + GST (whichever is lower) |
| Prepayment Charges | 4% of outstanding principal |
| Conversion Charges (Floating ⇄ Fixed) | ₹3,000 (for conversion between floating and fixed rates) |
| Semi-Fixed / Fixed → Floating | 2% of principal outstanding |
| Overdraft Facility Charges | 0.5% of principal outstanding |
Types of ICICI Bank Loan Against Property (2025)
ICICI Bank offers a wide range of Loan Against Property (LAP) solutions tailored to meet diverse borrower needs. The standard Loan Against Property allows individuals to raise funds for business expansion, debt consolidation, working capital, children’s education or marriage, medical expenses, and even balance transfer of existing loans. Loan amounts range from ₹10 lakh to ₹5 crore, with repayment tenure of up to 15 years.
For medical professionals, ICICI Bank has a special Loan Against Property for Doctors scheme, under which loans of up to 70% of the property value can be sanctioned quickly, with a maximum tenure of 15 years.
Borrowers also have access to the Home Overdraft Facility, which provides a flexible overdraft limit of up to ₹1 crore for salaried applicants and ₹5 crore for self-employed individuals, offering liquidity on demand.
Existing customers can avail a Top-up Loan Against Property, providing additional funding to meet urgent personal or business needs without fresh collateral.
Another distinctive feature is Lease Rental Discounting (LRD), allowing borrowers to use their rental income as collateral to secure funds. Tenures extend up to 15 years for commercial properties and up to 10 years for specialized properties, with the added benefit of an overdraft facility.
Finally, ICICI Bank provides Pre-approved Loans Against Property to select salaried and self-employed customers holding existing accounts with the bank, offering quick access to funds with minimal documentation.
CreditCares Advantage: At CreditCares, we make the ICICI Bank Loan Against Property process smooth, fast, and stress-free. From eligibility checks to final disbursal, our experts handle the legwork. Since we are partnered with multiple leading banks and NBFCs, we compare offers and secure the best loan deal at the lowest rate—customized for you.
Eligibility Criteria for ICICI Bank Loan Against Property (2025)
ICICI Bank has defined simple and flexible eligibility criteria for its Loan Against Property to make financing accessible to a wide range of borrowers. Both salaried and self-employed individuals can apply, provided they meet the basic conditions.
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Age Limit: Minimum age of 25 years at the time of application and maximum of 65 years or retirement age at the time of loan maturity.
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Employment Type: Available for salaried professionals working in private or government sectors and self-employed applicants, including business owners, professionals, and entrepreneurs.
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Property Ownership: The applicant must be the owner/co-owner of the residential or commercial property being mortgaged.
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CIBIL Score: A healthy credit score (usually 700+) improves eligibility and ensures better interest rates.
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Income Stability: Proof of stable income or regular cash flows is mandatory to demonstrate repayment capacity.
💡 CreditCares Advantage: If you want to apply for an ICICI Bank Loan Against Property, CreditCares can make the entire process quick, simple, and hassle-free. We work with ICICI Bank and multiple other top lenders, compare options, and ensure you get the best loan deal tailored to your profile
Documents Required for ICICI Bank Loan Against Property
To apply for an ICICI Bank Loan Against Property, applicants need to submit the following documents:
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Identity & Residence Proof – Aadhaar Card, PAN Card, Passport, Voter ID, PAN Card
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Income Proof – Salary slips, recent bank statements, and Income Tax Returns (ITR)
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Property Documents – Title deed, previous ownership chain, property approval plan, and No-Encumbrance Certificate (NEC)
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Other Supporting Documents –
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Loan repayment history of the last 6 months (if any existing loan)
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Appointment letter (if employed for less than 1 year)
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Passport-size photographs
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👉 At CreditCares, we simplify this documentation process by guiding you step-by-step and ensuring all required papers are in place. This helps speed up your ICICI Bank Loan Against Property approval while also giving you access to the best loan deals through our wide lender network.
Frequently Asked Questions (FAQs) on ICICI Bank Loan Against Property
1. What is the interest rate for ICICI Bank Loan Against Property in 2025?
ICICI Bank offers Loan Against Property starting at 10.60% p.a., with the exact rate determined by factors such as loan amount, employment profile, and the applicant’s credit score.
2. What is the maximum loan amount I can get from ICICI Bank?
Applicants can avail loans ranging from ₹10 lakh to ₹5 crore, depending on property value and eligibility.
3. What is the maximum tenure available?
The repayment tenure can go up to 15 years, based on applicant profile and loan type.
4. Is a CIBIL score required for ICICI Bank Loan Against Property?
Yes, ICICI Bank generally requires a minimum CIBIL score of 700 for a smoother approval process.
5. Can self-employed individuals apply for ICICI Bank LAP?
Yes. Both salaried and self-employed individuals are eligible. ICICI Bank also offers a special scheme for doctors and a home overdraft facility.
6. What documents are required to apply?
Applicants need to submit KYC documents, income proof, and property documents along with additional supporting documents such as repayment history (if any existing loan) and passport-sized photographs.
7. Can I make prepayments or foreclose the loan?
Yes. ICICI Bank allows prepayment and foreclosure with applicable charges, depending on loan type and borrower profile.
Conclusion: Why Choose ICICI Bank Loan Against Property with CreditCares
An ICICI Bank Loan Against Property is an excellent financing solution for individuals looking to unlock the value of their property. With competitive interest rates, flexible tenure, and multiple product options like overdraft, top-up loans, and lease rental discounting, ICICI Bank provides unmatched versatility.
At CreditCares, we make the process fast, smooth, and stress-free. Since we are directly partnered with ICICI Bank and several leading financial institutions, we compare multiple offers, negotiate the best terms, and ensure that you secure the most suitable deal.
👉 Whether you are a salaried professional, self-employed individual, or business owner, CreditCares is your trusted partner in getting an ICICI Bank Loan Against Property approved quickly and at the best possible rates.
🔗 Apply for ICICI Bank Loan Against Property with CreditCares
