They had identified a modest 2BHK in a developing suburb. The price was ₹75 lakhs. Rohan had saved ₹8 lakhs. He needed ₹15 lakhs for the down payment (20%) plus registration. He felt stuck.
Most banks would have stalled for a month. But ICICI’s team contacted the builder, traced the previous owner, and got an affidavit done in three days . They didn’t make Rohan run from office to office. home loan icici bank
ICICI Bank’s home loans stand out for their high loan-to-value ratio (up to 90%) , fast digital sanctions , transparent prepayment policies , and proactive customer service during legal formalities. For first-time buyers, that’s not just a loan—it’s a head start. They had identified a modest 2BHK in a developing suburb
Today, Rohan and Meera host Diwali parties in their home. The EMI is a comfortable part of their budget—less than what they used to pay for a smaller rental. Every time Rohan sees the ICICI Bank logo on a cheque book, he doesn’t see a bank. He sees the partner who said “yes” when he only had ₹8 lakhs and a dream. He needed ₹15 lakhs for the down payment
Mr. Sathaye smiled. “Sir, for salaried customers with a strong CIBIL (yours is 782, excellent), we offer up to 90% financing for properties under ₹75 lakhs. You only need 10% down payment. That’s ₹7.5 lakhs. You already have it.”
The loan was disbursed in two parts. The final disbursement happened on a Thursday morning. By 3 PM, Rohan got the SMS: “Your loan amount has been credited to the builder’s account. Your EMI will start Nov 5th.”
But Meera, practical as ever, said, “Let’s just walk into a branch. No calls. Face to face.”