Switching your mortgage to ICICI Bank Canada

You may have just discovered ICICI Bank Canada’s excellent mortgage rates. Now you’re wondering whether you can switch your mortgage from your current lender to ICICI Bank Canada. No problem! Simply visit any of our branches or call our call centre and one of our mortgage specialists will guide you through the process and answer any questions you might have.


Guaranteed Rates
We want to help you focus on more important things instead of worrying about fluctuating mortgage rates. We guarantee the rate you are quoted on a fixed rate and variable rate closed mortgage for 90 days. We also offer a rate drop policy which can give you a better rate at closing time if the rate drops.

Best Value
ICICI Bank Canada is known for exceptional rates on all our products and our mortgages are no exception.

Personalized Service
Our mortgage specialists are available by phone or at any of our branches.

Flexible Options
To save you interest and help you pay off your mortgage faster, we offer several flexible options for mortgage payments:

• Regular Repayments: You can make weekly, biweekly, or monthly payments on your mortgage.
• Accelerated Repayments: You also have an option to repay your mortgage faster through our accelerated repayment program by opting for weekly or biweekly payments.
• Annual additional payment: Each year you can increase your regular payments up to 20% of the original payment set for the current term. Each year you can prepay up to 20% of the original mortgage balance
  

To learn more about our mortgages, please refer below:

• How much I can afford?
• Some mortgage terms you should know
• Frequently asked questions
• Rates
• Glossary of Terms

The quoted rates will be guaranteed for 90 days for transfers and refinancings, and 120 days for new mortgages, for customers who apply and are approved for the transfers/refinancings/new mortgages (as applicable). At the end of the 90 day or 120 day period (as applicable), the quoted rates are subject to change at any time without notice. ICICI Bank Canada mortgage features and related options are subject to terms and conditions and are subject to change at any time without notice. Mortgage approval is at the sole discretion of ICICI Bank Canada.