ICICI Bank MCLR Rate Home Loan Interest Rate Aug 2017

ICICI Bank MCLR Rate Home Loan Interest Rate Aug 2017 - ICICI Bank offers Interest Rate on Home Loan @ 8.65%-8.85% with per lakh lowest EMI @ Rs. 780 - Rs. 794 with one year MCLR @ 8.20%.

BANK NAME : ICICI Bank

PRODUCT : MCLR & Home Loan

INTEREST RATE : 8.65% - 8.80% (Women Category) & 8.70% - 8.85% (Salaried)

TOLL FREE NUMBER/HELPLINE : 1800 102 4242

OFFICIAL WEBSITE : www.icicibank.com

ICICI BANK HOME LOAN INTEREST RATE - AUGUST 2017

Women Borrower**

Floating Interest Rate
Category	Effective Rate of Interest	Rate
Up to ₹ 75 lacs	8.65%	I-MCLR-1Y+0.45%
₹ 75 lacs to ₹ 5 crore	8.70%	I-MCLR-1Y+0.50%
Above ₹ 5 crore	8.80%	I-MCLR-1Y +0.60%
Fixed Interest Rate for 5 Years, 10 Years
Category	Effective Rate of Interest	Rate
Up to ₹ 30 lacs	8.70%	I-MCLR-1Y + 0.50%
₹ 30 lacs to ₹ 5 crore	8.80%	I-MCLR-1Y + 0.60%
Above ₹ 5 crore	8.90%	I-MCLR-1Y+0.70%
Full Tenor Fixed Interest Rate
Category	Effective Rate of Interest
Up to ₹ 30 lacs	9.70%
₹ 30 lacs to ₹ 5 crore	9.80%
Above ₹ 5 crore	10.05%

Weaker Section Borrower#

Floating Interest Rate
Category	Effective Rate of Interest	Rate
Up to ₹ 28 lacs	8.65%	I-MCLR-1Y +0.45%

Salaried Borrower

Floating Interest Rate
Category	Effective Rate of Interest	Rate
Up to ₹ 75 lacs	8.70%	I-MCLR-1Y + 0.50%
₹ 75 lacs to ₹ 5 crore	8.75%	I-MCLR-1Y + 0.55%
Above ₹ 5 crore	8.85%	I-MCLR-1Y + 0.65%
Fixed Interest Rate for 2 Years, 3 Years
Category	Fixed rate for 24/36 months	Floating rate pricing from 25th/37th month
Up to ₹ 75 lacs	8.70%	I-MCLR-1Y + 0.50%
₹ 75 lacs to ₹ 5 crore	8.75%	I-MCLR-1Y + 0.55%
Above ₹ 5 crore	8.85%	I-MCLR-1Y + 0.65%
Fixed Interest Rate for 5 Years, 10 Years
Category	Fixed rate for 60/120 months	Floating rate pricing from 61st/121st month
Up to ₹ 30 lacs	8.75%	I-MCLR-1Y + 0.55%
Above ₹ 30 lacs	8.85% to 8.95%	I-MCLR-1Y + (0.65% to 0.75%)
Full Tenor Fixed Interest Rate
Category	Effective Rate of Interest
Up to ₹ 30 lacs	9.75%
Above ₹ 30 lacs	9.85% to 10.10%

Self Employed Borrower

Floating Interest Rate
Category	Effective Rate of Interest	Rate
Up to ₹ 75 lacs	8.70%	I-MCLR-1Y + 0.50%
Above ₹ 75 lacs	8.75% to 8.85%	I-MCLR-1Y + (0.55% to 0.65%)
Fixed Interest Rate for 2 Years, 3 Years
Category	Fixed rate for 24/36 months	Floating rate pricing from 25th/37th month
Up to ₹ 75 lacs	8.70%	I-MCLR-1Y + 0.50%
Above ₹ 75 lacs	8.75% to 8.85%	I-MCLR-1Y + (0.55% to 0.65%)
Fixed Interest Rate for 5 Years, 10 Years
Category	Fixed rate for 60/120 months	Floating rate pricing from 61st/121st month
Up to ₹ 30 lacs	8.75%	I-MCLR-1Y + 0.55%
Above ₹ 30 lacs	8.85% to 8.95%	I-MCLR-1Y + (0.65% to 0.75%)
Full Tenor Fixed Interest Rate
Category	Effective Rate of Interest
Up to ₹ 30 lacs	9.75%
Above ₹ 30 lacs	9.85% to 10.10%

ICICI BANK MCLR RATE - AUGUST 2017

ICICI Bank publishes ICICI Bank MCLR (“I-MCLR”) benchmarks effective 1st of every month. I-MCLR benchmarks effective from February 1, 2017 are provided below:

Benchmark tenure	Benchmark name	Benchmark rate p.a.
Overnight	I-MCLR-ON	8.00%
One month	I-MCLR-1M	8.00%
Three months	I-MCLR-3M	8.10%
Six months	I-MCLR-6M	8.15%
One year	I-MCLR-1Y	8.20%