News
ICICI Bank cuts home loan rate by 0.25 per cent
After HDFC and SBI, ICICI Bank also slashed home loan rate for both existing as well as new borrowers by 0.25 per cent.
Women borrowers and financially weaker sections will now get home loan at 9.85 per cent, while for other borrowers it will be 9.90 per cent.
State Bank of India (SBI) has also offered similar home loan rates effective yesterday.
Reduction of home loan rates effective today is valid for all existing and new customers said ICICI Bank.
“Women as well as applicants from weaker sections will get home loans at 9.85 per cent. The rate will be 9.90 per cent for all others,” the bank said in a statement.
“The borrowers taking fixed rate home loans with tenure of 10 years for loan amount up to Rs 30 lakh will have to pay 9.90 per cent, the same effective interest rate applicable for floating rate home loans,” said the bank.
Many banks including State Bank of India, HDFC Bank and Axis Bank last week cut lending rates by up to 0.25 per cent after RBI Governor Raghuram Rajan’s tough talk with bankers on the issue.
-
News3 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News4 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News4 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances
-
News2 weeks ago
SKA Forays In Luxury Housing: Launches SKA Destiny One in Greater Noida, To Invest Rs 592 Crores
-
News4 weeks ago
Ashiana Housing Sells Rs 440 cr Worth 224 Flats at its Project Amarah in Gurugram