ICICI Bank Home Loan Statement – Complete Guide to Loan Details

"Ghar ki neev jitni mazboot hoti hai, usi tarah home loan ki samajh bhi pakki honi chahiye; aur iski shuruaat hoti hai ICICI Bank Home Loan Statement se!"

Take the example of Mr. Ankit Mehra, a salaried professional from Pune who availed a home loan of ₹40,00,000 from ICICI Bank at an interest rate of 8.5% per annum for a loan tenure of 20 years. His monthly EMI amounts to approximately ₹34,677. 

In the initial phase of the loan, the interest portion of the EMI is higher, around ₹28,333 in the first month, while the principal component is only ₹6,344. The home loan statement provides a monthly breakdown of this ratio, allowing Mr. Mehra to see how much of his EMI is reducing the principal and how much is going toward interest.

After 2 years, the statement showed that Mr. Mehra had paid a total of ₹8,32,248, out of which ₹6,49,203 went toward interest and ₹1,83,045 toward principal. 

Using this data, he planned a prepayment of ₹3,00,000, which instantly reduced his outstanding loan balance and shortened his tenure by nearly 3 years, a decision he could only make confidently by analysing his home loan statement.

ICICI Bank offers various home loan products to cater to housing costs and real estate investment, making home loan statements essential for tracking repayments, outstanding balances, and interest paid. The ICICI Bank home loan statement is a detailed document that reflects the financial status of your home loan account. It includes your loan balance, EMI payments, interest component, and any prepayments made. 

This blog post will explain everything you need to know about the ICICI Bank home loan statement, from its components and retrieval methods to understanding and troubleshooting.

Components of a Home Loan Statement

A standard ICICI Bank home loan statement consists of several key sections. Understanding each part can help you manage your loan better and avoid financial pitfalls.

Loan Account Details

This section includes:

• Loan Account Number: A unique identifier for your home loan.
  
  
• Type of Loan: Whether it is a regular home loan, top-up loan, or balance transfer.
  
  
• Lender Details: Name and address of ICICI Bank, including the branch where the loan was sanctioned.
  
  

Borrower Details

It contains personal information such as:

• Full Name of the borrower and co-borrower(s) if applicable.
  
  
• The residential address is listed in the bank’s records.
  
  
• Contact Information, including phone numbers and registered email ID.
  
  

Loan Summary

This section gives a quick snapshot of the loan:

• Sanctioned Principal Amount: The total amount approved.
  
  
• Interest Rate: Fixed or floating rate applicable on your loan.
  
  
• Loan Tenure: The duration of the loan is usually in months.
  
  
• Disbursement Date: The date(s) the loan amount was disbursed.
  
  

Repayment Schedule

One of the most critical parts of this includes:

• EMI Breakdown: The amount of Equated Monthly Installments shows how much goes toward principal and how much toward interest.
  
  
• Due Dates: Monthly due dates for EMI payments.
  
  
• Paid/Unpaid EMIs: Status of your repayments.
  
  

Outstanding Balance & Prepayment Details

This section shows:

• Principal Outstanding: The remaining loan amount is yet to be repaid.
  
  
• Interest Outstanding: If any.
  
  
• Prepayments made: Voluntary lump-sum payments were made to reduce the loan burden.
  
  
• Impact of Prepayments: Reduction in tenure or EMI after prepayment.
  
  

How to Get an ICICI Bank Home Loan Statement?

ICICI Bank offers multiple channels for customers to access their home loan statements. You can choose the method that best suits your convenience:

1. Via Net Banking

You can easily download your home loan statement online if you have registered for ICICI’s internet banking.

For example: 

If a customer like Rahul Sharma has registered for ICICI Bank’s internet banking, he can download his home loan statement in just a few steps:

1. Rahul visits the official ICICI Bank website and logs in using his User ID and Password.
   
   
2. Once inside the dashboard, he clicks on the ‘Loans’ tab.
   
   
3. Under this section, Rahul selects his Home Loan Account Number.
   
   
4. He then clicks on the ‘Loan Statement’ option.
   
   
5. Rahul chooses the date range for which he wants the statement (e.g., last 6 months).
   
   
6. Finally, he clicks ‘Download’ or ‘Email Statement’ to receive the PDF.
   
   

This allows Rahul to view and save his ICICI home loan statement instantly without visiting a branch.

2. Through Mobile Banking App

The ICICI Bank iMobile app provides a user-friendly platform to view and download your loan statement anytime.

For example:

Here is how someone like Priya Mehta can do it:

1. Priya opens the iMobile Pay app and logs in using her credentials or fingerprint.
   
   
2. She taps on the ‘Accounts & Deposits’ section and selects ‘Loans. ’
   
   
3. From the list, Priya chooses her Home Loan Account.
   
   
4. She clicks on ‘Statement’ or ‘View Loan Statement. ’
   
   
5. After selecting the desired date range, Priya taps ‘Download’ or ‘Share’ to save or email the PDF file.
   
   

Priya gets her complete ICICI home loan statement on her mobile in just a few taps.

3. By Visiting the Bank Branch

If you prefer an in-person method or face technical difficulties, visit the nearest ICICI Bank branch and request a printed statement.

For example:

Here is how Amit Verma can locate the nearest ICICI Bank branch to request his home loan statement:

1. Access the Branch Locator: Amit visits the ICICI Bank Branch Locator on his smartphone or computer.
   
   
2. Enter Location Details: He inputs his city or area name, such as "Kolkata, West Bengal," into the search bar.
   
   
3. View Nearest Branches: The locator displays a list of nearby ICICI Bank branches and their addresses and contact numbers.
   
   
4. Note Branch Information: Amit selects a convenient branch and notes its address and operating hours.
   
   
5. Visit the Branch: He can request a printed home loan statement by visiting the chosen branch during working hours with his valid photo ID and loan account number.
   
   

Amit uses the branch locator to ensure he visits the most convenient ICICI Bank branch to obtain his home loan statement.

4. Via Customer Care Request

ICICI Bank’s 24x7 customer support can also assist you in receiving your home loan statement via email or post upon verification.

For example:

Customers like Sneha Kapoor can easily get their ICICI home loan statement through the bank’s 24x7 customer care service:

1. Sneha dials the ICICI Bank customer care number: 1860 120 7777.
   
   
2. She follows the IVR instructions and selects the option for loan-related queries.
   
   
3. Once connected to a representative, Sneha provided her loan account number and answered a few security questions for verification.
   
   
4. She requests her home loan statement.
   
   
5. After verification, the representative arranges to send the statement via email or registered post, based on Sneha’s preference.
   
   

This method is ideal for those who prefer phone support or cannot access online services.

5. Through Email/SMS Services

Registered customers often receive periodic statements or notifications by email and SMS, especially after EMI payments or prepayments.

For example:

Customers like Rohit Nair often receive automatic notifications from ICICI Bank after making EMI payments or prepayments:

1. Rohit checks his registered email inbox for monthly updates from ICICI Bank with subject lines like “Home Loan EMI Payment Confirmation” or “Loan Statement.”
   
   
2. He also reviews SMS alerts sent to his registered mobile number, often including summaries and links to view or download the complete statement.
   
   
3. If needed, Rohit can reply to the SMS or email, follow the instructions, and request a complete loan statement or contact support for assistance.
   
   

This method is convenient for customers who prefer automatic digital records without logging into any platform.

Step-by-Step Guide to Download an ICICI Bank Home Loan Statement

Getting your home loan statement from ICICI Bank is simple and convenient. Here is how:

Net Banking Method

1. Log In to ICICI Net Banking.
   
   
2. Go to the "Loans" section from the dashboard.
   
   
3. Click on your Home Loan Account Number.
   
   
4. Select "Download Statement" or "Loan Account Statement".
   
   
5. Choose the period for which you need the statement.
   
   
6. Click "Download PDF" or email it to your registered email ID.
   
   

Mobile App Method

1. Open the iMobile Pay app and log in.
   
   
2. Navigate to "Accounts & Deposits" > "Loans".
   
   
3. Select your home loan account.
   
   
4. Tap "Statement" and choose the desired date range.
   
   
5. Download or share the PDF version instantly.
   
   

Offline Request Method

1. Visit your nearest ICICI Bank branch.
   
   
2. Carry a valid photo ID and loan account details.
   
   
3. Fill in a home loan statement request form (if required).
   
   
4. The bank will provide the printed statement or email it to your registered address.
   
   

Charges & Fees for ICICI Bank Home Loan Statement

Generally, ICICI Bank does not charge for downloading or receiving home loan statements via online channels like net banking or the mobile app. However, offline or duplicate printed statements might involve nominal fees such as the following:

• Branch Visit (Physical Statement): ₹100–₹250 per statement copy (depending on volume)
  
  
• Courier Requests: Extra delivery charges may apply.
  
  
• Duplicate Statements: ₹100 per request (subject to change)
  
  

It is best to check with ICICI Bank for the most updated fee structure, as it may vary.

Charges & Fees for ICICI Bank Home Loan Statement – Explained with Example

While ICICI Bank allows customers to download home loan statements for free via net banking or the iMobile app, certain offline services may involve charges. Here is a scenario to illustrate how these fees work:

Example Scenario – Offline Statement Charges

Deepak misplaced his annual home loan statement and urgently needs a physical copy for a visa application. Since he prefers an offline method, he visits his nearest ICICI Bank branch.

Breakdown of Charges:

1. Branch Visit – Printed Statement Request
    Deepak visits the branch and requests a printed copy of his loan statement for the last 3 years.
   
   
   • ICICI charges ₹150 per statement copy for more than 1 year.
     
     
   • For 3 years: ₹150 × 3 = ₹450
     
     
2. Courier Delivery Option (Optional)
    Deepak opts for courier delivery to his home address due to his busy schedule.
   
   
   • Courier delivery charge: ₹75
     
     
3. Total Cost Incurred
    ₹450 (statement copies) + ₹75 (courier) = ₹525
   
   

If Deepak had used Net Banking or the iMobile app, he could have downloaded the same statement instantly at no cost. However, since he chose the offline method and requested physical delivery, the total came to ₹525.

This example shows how charges can add up based on the method and preferences chosen by the customer.

How to Read Your ICICI Bank Home Loan Statement?

Reading your home loan statement correctly can help you manage your finances more effectively. Here is a breakdown:

Principal vs Interest

Each EMI includes both principal and interest components. Initially, a significant portion goes toward interest, while principal repayment increases over time.

Example: Nisha pays ₹25,000 EMI. In the first month, ₹18,000 goes to interest and ₹7,000 to the principal. Over time, the interest portion reduces while the principal portion increases.

Amortization Schedule

This table shows the month-by-month breakdown of how much principal and interest you pay in each EMI.

Example: Arjun reviews his amortization chart and notices his principal payment increases by ₹400 each month while interest drops steadily.

Outstanding Balance

This is the amount you still owe. Keeping a regular check can help you plan prepayments wisely.

Example: Sneha sees that her outstanding balance after 5 years is ₹24,30,000 from an original ₹40,00,000 loan, helping her plan for future prepayments.

Tax Benefits

Interest and principal payments are eligible for tax deductions under Sections 24(b) and 80C, respectively. Your statement can serve as proof that you are claiming these benefits.

For example:

Home loan statements act as proof for tax deductions:

• Section 24(b) – up to ₹2,00,000 interest
  
  
• Section 80C – up to ₹1,50,000 principal
   
•  Example: Ravi uses his statement to claim ₹1,80,000 (interest) and ₹1,20,000 (principal) in tax deductions when filing his income tax return.

Prepayment Impact

The statement will reflect reduced interest liability or tenure if you have made any prepayments.

Example: Meera made a ₹5,00,000 prepayment. Her statement reflects a reduced interest payout and shorter tenure, which saved her over ₹2,00,000 in total interest.

By understanding these sections, borrowers can make smarter financial decisions and reduce overall loan costs.

Common Issues & Troubleshooting with ICICI Bank Home Loan Statement

While ICICI Bank offers a relatively smooth digital process, you may sometimes face specific issues:

1. Login Failures

Solution: Reset your net banking or mobile app credentials through the official website.

2. Missing Statement Details

Solution: Contact customer care or visit the branch for rectification.

3. Incorrect Personal Information

Solution: Submit a written request to update your details and request an updated statement.

4. Delayed Email Delivery

Solution: Verify your registered email ID or request a fresh copy via net banking.

5. Uncredited Prepayments

Solution: Maintain your transaction receipt and report it to the bank with reference details.

If any issues persist, raise a service request via:

• ICICI Bank Customer Care: 1860 120 7777 (India)
  
  
• ICICI Bank Email: customercare@icicibank.com

Conclusion

A home loan statement is more than just a document; it is a crucial financial tool that lets you stay informed and control your long-term liability. ICICI Bank offers multiple convenient ways to access and understand your home loan statement, ensuring transparency and accountability in your loan journey.

Knowing how to retrieve, read, and analyze your ICICI Bank home loan statement can help you make informed financial decisions, plan prepayments, track your tax-saving components, and keep your loan under control. Whether online or offline, the process is designed to suit a wide range of users, from tech-savvy individuals to those who prefer traditional banking methods.

Always check your statement regularly and contact the bank immediately if you spot discrepancies. With diligence and planning, your debt-free journey can be much smoother.

Frequently Asked Questions (FAQs)

Q1. Is the ICICI Bank home loan statement free of cost?

It is free to download online via net banking or the mobile app. However, printed or couriered copies may incur charges.

Q2. Can I use the home loan statement for income tax filing?

Yes. The statement includes interest and principal components, which can be used to claim tax benefits under Sections 24(b) and 80C.

Q3. How often should I check my home loan statement?

It is ideal to check your statement at least once a quarter to monitor EMIs, outstanding balance, and any inconsistencies.

Q4. Can I get my ICICI Bank home loan statement emailed to me monthly?

Yes, ICICI Bank provides periodic statements through email. You can also subscribe to this service by contacting customer support.

Q5. What should I do if my EMI payment is not reflected in the statement?

Keep the transaction receipt and contact ICICI Bank immediately with the reference number to update the statement.

Q6. Can co-applicants also request the home loan statement?

Yes, co-borrowers can request the statement, provided their identity is verified and they have the loan account.

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

We are a team of writers, editors, and proofreaders with 15+ years of experience in the finance field. We are your personal finance gurus! But, we will explain everything in simplified language. Our aim is to make personal and business finance easier for you. While we help you upgrade your financial knowledge, why don't you read some of our blogs?