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After SBI, Kotak Mahindra and HDFC, ICICI Bank slashes home loan rates

Updated Mar 06, 2021 | 09:53 IST
ICICI Bank said that home buyers, including those who are not its customers, can apply for home loan digitally through the bank’s website and mobile banking platform iMobile Pay.
After SBI, Kotak Mahindra and HDFC, ICICI Bank slashes home loan rates
New Delhi: Private lender ICICI Bank joined the home loan rate cut bandwagon by announcing that it has cut rates to 6.70 per cent for loans up to Rs 75 lakh. The bank said that home loans above Rs 75 lakh will attract a rate of 6.75 per cent.
These revised rates will be available till March 31, 2021, the bank said. ....

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ICICI Bank Reduces Interest Rate On Home Loans To Lowest In 10 Years

ICICI Bank Reduces Interest Rate On Home Loans To Lowest In 10 Years
ICICI Bank Reduces Interest Rate On Home Loans To Lowest In 10 Years
The country s leading private lender announced today that it has reduced its interest rate on home loans up to Rs 75 lakh to 6.70 per cent.
The reduced interest ratehas come into effectfrom today, March 5, 2021.
After the country s largest lender State Bank of India reduced home loan rates a few days ago, India s leading private lender ICICI Bank announced that it has reduced its interest rate on home loans up to Rs 75 lakh to 6.70 per cent. According to a statement released by the bank, the revised interest rate is the lowest in 10 years by ICICI bank. The reduced interest rate has come into effect from today, March 5, 2021. Additionally, for the loans above Rs 75 lakh, the interest rates are pegged at 6.75 per cent onwards. The revised interest rates will be available till March 31, 2021. ( ....

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ICICI Bank reduces home loan interest rate to 6.70%

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ICICI Bank reduces home loan interest rate to 6.70%
Lending major ICICI Bank reduced its home loan interest rate to 6.70 per cent, the company said on Friday. Accordingly, the revised interest rate the lowest in 10 years by the bank is effected from March 5. The bank in a statement said that this interest rate can be availed for home loans up to Rs 75 lakh.
Besides, for loans above Rs 75 lakh, interest rates are pegged at 6.75 per cent onwards. As per the statement, these revised rates will be available till March 31.
We see resurgence in demand from consumers, who want to buy homes for their own consumption, in the past few months, said Ravi Narayanan, Head - Secured Assets, ICICI Bank. ....

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