Bangalore Housing

Housing / Loans / ICICI (Industrial Credit & Investment Corporation of India Limited)

ICICI

Eligibility criteria

EMI

NRI....

Eligibility Criteria

For a land loan:

You must be at least 21 years of age when the loan is sanctioned
The loan must terminate before or when you turn 65 years of age or before retirement, whichever is earlier
You must be employed or self-employed with a regular source of income
You must be purchasing a plot of land for residential use
The purchase has to be from a development authority or from a registered co-operative society
The purchase of the land must be for the construction of a house
The plot of land must be clearly demarcated with clear boundaries
Minimum loan amount is Rs 1 lakh
Maximum loan amount is Rs 50 lakh
The quantum of loan is subject to the Loan-to-Value ratio