SBI vs ICICI Bank Home Loan: Which Should You Choose?
A side-by-side comparison of SBI and ICICI Bank home loan on the things that affect your wallet. Figures are illustrative 2026 ranges — your actual offer depends on your profile.
SBI
Home Loan
- Interest rate
- from 8.4% p.a.
- Max amount
- No fixed cap
- Max tenure
- 30 years
- Processing fee
- up to 0.35%
ICICI Bank
Home Loan
- Interest rate
- from 8.75% p.a.
- Max amount
- ₹10 Crore+
- Max tenure
- 30 years
- Processing fee
- up to 0.5%
The verdict
SBI advertises a lower starting rate (from 8.4% p.a. vs 8.75% p.a.), but the rate you actually get depends on your credit profile and income. ICICI Bank may still win on amount, tenure or speed for your situation — so compare your real offers from both before deciding.
Compare your real offersSoft check — won't affect your credit score.
Choose SBI if…
- • Among the lowest floating rates
- • Concessions for women borrowers
- • Low processing fee
Choose ICICI Bank if…
- • Quick digital sanction
- • Tenure up to 30 years
- • Top-up and balance transfer
SBI vs ICICI Bank — FAQs
Which is better, SBI or ICICI Bank home loan?+
SBI advertises a lower starting rate (from 8.4% p.a. vs 8.75% p.a.), but the rate you actually get depends on your credit profile and income. ICICI Bank may still win on amount, tenure or speed for your situation — so compare your real offers from both before deciding.
Is SBI or ICICI Bank cheaper for a home loan?+
SBI starts from 8.4% p.a. and ICICI Bank from 8.75% p.a., but your final rate depends on your credit score and income. Always compare the total cost (rate + fees) over the full tenure.
Can I compare SBI and ICICI Bank on RupeeQuik?+
Yes. Compare your eligible offers from both with a soft credit check that doesn't affect your score, then apply to the best-fit option.
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