Lot has already been written in this forum about the checklist to go through before you pick a home loan vendor. Here I want to simply add a point that perhaps make a big difference after you chose a home loan vendor.
Well, to begin with i’ve already availed a home loan from ICICI(2 yrs back) and I regret over my choice of the bank. The point that I want to make here is that they’ll offer you the best floating interest rates in the market to begin with and once you fall for that bait, no more than 6 months down the line you’ll end up paying probably more interest than anyone else in the market. I have compared my experience with my friends who availed home loans at the same time from other vendors. They had a same interest rate(or maybe 0.25 more than me) to begin with but that lasted for just few months(6 months to be precise) after that I was the one paying more interest thanks to ICICI. I started with 7.5% and now I’m paying 10% when other banks are still charging 9 or 9.5% or even less! They simply replied to my email enquiry saying "Sir thats what the floating rate of interest means"!
So the point is "if the initial rate of interest(floating) that ICICI offers you is the differentiating factor" in deciding the vendor then please dont fall for that bait.