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ICICI Bank Home Loan EMI for ₹15 Lakh

Monthly EMI: ₹13,256 at 8.75% for 20 years. Total interest: ₹16,81,440.

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ICICI Bank Home Loan for ₹15 Lakh — Key Details

Interest Rate
8.75 - 10.05% p.a.
Max Tenure
30 Years
Processing Fee
0.50% of loan amount + GST (max ₹10,000)
Prepayment Charges
Nil for floating rate

With a ₹15 Lakh home loan from ICICI Bank at 8.75% for 20 years, you will pay a monthly EMI of ₹13,256. The total amount payable is ₹31,81,440, of which ₹16,81,440 is interest.

Frequently Asked Questions

What is ICICI Bank Home Loan EMI for ₹15 Lakh?

At 8.75% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from ICICI Bank is ₹13,256 per month. Total interest payable: ₹16,81,440.

What is ICICI Bank Home Loan interest rate for ₹15 Lakh?

ICICI Bank offers Home Loan at 8.75 - 10.05% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹15 Lakh Home Loan from ICICI Bank?

For ₹15 Lakh at 8.75% for 20 years, you would pay approximately ₹16,81,440 as total interest, making the total repayment ₹31,81,440.

Can I prepay my ICICI Bank Home Loan of ₹15 Lakh?

ICICI Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.

Is ₹15 Lakh Home Loan from ICICI Bank a good option?

ICICI Bank offers competitive rates starting from 8.75 - 10.05% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹15 Lakh home loan.