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'Reduction In Home Loan Rates Will Help Demand Side Immensely': What Experts Say On Recent Cuts In Home Loans

ICICI bank reduced its interest rate on home loans up to ₹75 lakh to 6.70 per cent
The country s top lenders including State Bank of India (SBI), Kotak Mahindra Bank, HDFC Bank, as well as ICICI Bank recently reduced the interest rates on home loans. Along with the low-interest rates, the banks are providing various offers including discounts on processing fees or special benefits for women customers to lure home buyers. On Friday, March 5, the country s leading private lender ICICI bank announced that it reduced its interest rate on home loans up to ₹ 75 lakh to 6.70 per cent, its lowest in 10 years. (
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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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