Reduce your financial burden with ICICI Bank's Balance Transfer

Transfer your Home Loan to ICICI Bank and save more on your Equated Monthly Instalment (EMI) with low interest rates and hassle-free documentation. What’s more? You can also avail an additional Top-Up Loan to meet your business or personal needs.

Features to make the decision easy for you

  • Fast processing with Express Balance Transfer
  • Flexible Top-Up Loan for business/ personal uses
  • Additional Top-Up Loan of up to %
  • Savings on EMI with attractive interest rates

Check your Eligibility & EMI for Balance Transfer

Required Documents

Following are all the documents required while availing the loan:

Documents Required Salaried SEP SENP
KYC and other documents required for all categories
Application Form with photograph duly signed
Identity, residence and age proof
Processing fee cheque
Office address proof  
Copy of title documents for the property being mortgaged
Proof of business stability/existence  
Business profile  
Income documents required
Latest 6 months’ bank statement (Salary account for salaried, Current Account for self-employed)
Latest 3 months’ salary slips
Form 16/ Income Tax Returns
Educational qualification certificate  
Latest 3 years’ Financials –
a) Computation of Income
b) Balance Sheet and Profit & Loss Account (with Schedules and Audit Report) – Audited or CA certified
RTR for existing loans for last 12 months  

Frequently Asked Questions (FAQs)

What is Balance Transfer?

Balance Transfer refers to transferring your existing Home Loan/ Mortgage Loan from one bank/ financier to another.

Why should I opt for a Balance Transfer?

With the Balance Transfer facility, you can transfer your existing Home Loan running at a higher rate of interest to another bank/ financier offering a lower interest rate. Hence, the EMI reduces and you save on your monthly outflows. Further, you can also take additional loan, referred to as Top-Up Loan, on your existing property along with the transfer. This loan can be used for any personal use like refurnishing of house, holiday, education of children, etc.

How much time will it take for my loan to get sanctioned?

The loan sanction process generally takes around X working days.

Our Product Range

Building Dreams With ICICI Bank Home Loans

Our Home Loans make it quick and easy for you to own a dream house. Its affordable EMIs and attractive interest rates are just a few of its variety of benefits.

Unlock your property value by leveraging ICICI Bank's Loan Against Property

Avail desired funds at highly affordable interest rates, comfortable repayment facilities and longer tenure to fulfill your needs.

Affordable Home Loans at subsidized interest rates with PMAY

Under Pradhan Mantri Awas Yojana programme, the Government of India aims to provide 'Housing for all by 2022' by offering subsidized interest rates up to 4.62% p.a. to eligible customers.

Increase your loan repayment tenure with ICICI Bank's 30 years Home Loan

Get closer to your dream home for a longer repayment tenure, low EMIs low, higher loan amount and simplified documentation process.

Reduce the stress on your income with ICICI Bank's Step Up Home Loans

A product designed specially for the young salaried professionals offers a loan amount that is higher than your eligibility, at an EMI that grows with your growing income.

Access extra funds when you need them with ICICI Bank's Top-up Loan

Get a Top-up on your existing Home Loan at lower EMIs, and fulfill requirements such as home renovation, marriage expenses, child’s higher education or any other personal needs.