ICICI Bank reduces home loan rates by 25 basis points for all existing and new customers
Author(s): City Air NewsChandigarh, April 14, 2015: ICICI Bank, India’s largest private sector bank, today announced reduction of home loan rates by 25 basis points for all existing and new customers. With this announcement, women as well...
Type of home loan |
Categories |
Interest rates |
Floating rate |
Women |
Upto ? 75 lac : 9.85% |
Weaker sections |
Upto ? 25 lac : 9.85% |
Salaried |
Upto ? 5 crore : 9.90% |
Above ? 5 crore : 10.15% |
|
Self Employed |
Upto ? 1.5 crore : 9.90% |
Above ? 1.5 crore: 10% to 10.15% |
|
Fixed:1 Year, 2 Years, 3 Years |
Salaried |
Upto ? 5 crore : 9.90% |
Above ? 5 crore : 10.15% |
Self Employed |
Upto ? 1.5 crore : 9.90% |
Above ? 1.5 crore : 10% to 10.15% |
|
Fixed : 5 Years & 10 Years |
Salaried |
Upto ? 30 lac : 9.90% |
Above ? 30 lac : 10% to10.25% |
Self Employed |
Upto ? 30 lac : 9.90% |
Above ? 30 lac : 10% to 10.25% |
The definition of weaker sections for the purpose of home loans is governed by the RBI guidelines under Priority sector loans.