Link and List of documents

Eligibility check and Link for apply loan.

https://loans.icicibank.com/loans/home-loan/#/product/basic-loan-details

Below are the three important steps for this loan with tentative timelines

1) (Step 1) Sanctioning / Pre-approval, Takes around 10 to 12 working days

 Step 1 – Provide Details
 Step 2- Check Offer
 Step 3 – Fee Payment
 Step 4- Check Provisional Offer
 Step 5 –Upload Documents (List of documents are mentioned below)

2) (Step 2) Property Tittle search, Takes around 12 to 15 working days

 Technical check
 Legal check

3) (Step 3) Power of attorney (POA), Depends on transit time to India

 Format for POA will be shared after sanctioning by India team.

Link for resuming your old application (if required later).

https://loans.icicibank.com/loans/home-loan/#/resume-application

Few important points before you start the application.

1) Please don’t select instant loan offer, kindly select “New application” and continue as new
customer even if you already hold an NRE/NRO account with ICICI Bank India

2) Kindly select “YES” for Are you being assisted by Employee / Associate of ICICI Bank? And
then “Assistance by others”.

3) Use the above link in chrome and select "transfer existing loan” for balance transfer & “New
Loan” for fresh application and then NRI or OCI card holder.
4) We are experiencing some OTP issue with Yahoo server, so for smooth experience try using
Gmail id.

5) Please note sometime the above link doesn’t accept your current ZIP code while entering your
US address so in that case enter your complete address in text field and in ZIP code enter 10001
or any random zip code from drop down.

6) Co-applicant is mandatory (Financial /Non-Financial) and if co-applicant is currently in US, it

has to be mandatorily added while creating the application number and If the co-applicant is in
India, it can be added after sanction.

7) Power of attorney (POA) is itself a step 3 in this process, so while creating the application please
skip POA details and it can be added after sanctioning

8) Processing fee

a. The processing fee mentioned below is not refundable under any circumstances.
i. For Home Loans, land loan and land + construction loan the direct fee charged
by ICICI Bank as processing fee is Rs.3000 + taxes

ii. For Non-Home Loans such as Non Residential premises, Loan against property
and BT of Non Home Loan, the direct fee charged by ICICI Bank as processing
fee is .50% of loan amount + taxes

iii. Administration fee for Home loan and Non Home loan is Rs. 5900.

iv. Also there can be some state government charges for stamp duty because of bank
loan including franking charges. Please reach out to your builder / property
consultant or state government website for all such charges. State government
charges varies from state to state. Once we assign you a dedicated RM from
Indian after preapproval he can also guide you for all state government charges.

v. For Balance transfer the fees will be

1. Rs 3717 as processing fee

2. 0.2% Stamp duty on loan amount
3. Rs 600 facility agreement & Rs 1000 POA franking
4. Rs 1500 Balance transfer draft
5. Rs 3000 tittle and search report
6. Administration charges Rs 5900

9) Official email id with company domain name and a revert from office mail id is mandatory for
this loan

10) This loan is applicable for H1/ L1/ Green card and US passport holders (OCI card is mandatory
for US passport holders). Also the loan is currently offered to salaried applicants only. For any
other Visa and self-employed category, kindly get in touch for more clarity.

11) Please fill your Indian address in the above portal exactly as mentioned on your Indian KYC
documents.
 12) If you are proving Aadhaar card as one of your KYC document then Aadhaar deceleration form
is also required. Please ask for Aadhaar declaration form (If required). Also first eight digit of
Aadhaar card need to be masked before uploading the document

13)  All the documents mentioned below are mandatory documents, even if the portal doesn’t ask
you to upload some of the below documents still upload all remaining docs in “other
documents”.

14) Kindly share application no. once created for expediting the process.

List of documents for the salaried applicant.

1) Valid passport copy
2) Valid Visa copy / Valid i-797 (Visa stamping required, even it is expired)
3) Overseas address proof
4) Indian address proof (If you are giving Aadhaar card then please mask first 8 digit of Aadhaar
card)
5) Copy of PAN Card or Form 60 as per ICICI Bank format
6) Latest 3 months' salary slip and 3 months Bank Statement in which salary is getting credited
7) Latest contract copy evidencing salary/salary certificate/wage slip i.e.; Employment contract or
Offer letter
8) Latest 3 months NRE\NRO bank statement
9) Complete US Credit report with score , accepted only from Equifax, Experian and Transunion
(Any one of them)
10) Form W2 for the last two years.

For balance transfer cases.

1) All documents mentioned above
2) Sanction letter provided by existing loan bank to know what type of loan you have with them.
3) Repayment Track Record (loan statement) for latest 1 year (or) EMI reflecting bank statement for
latest 1 year.
4) LOD (list of document) letter from existing financer (Required only after sanctioning)
5) Foreclosure letter. (Required only after sanctioning)
6) Please discuss if your existing financer is DHFL & Indiabulls.