Contact Your Financial Adviser Money Making MC
15
May 2017
Private
sector lender ICICI Bank on Monday said that it has reduced interest rates by
up to 30 basis points (bps) for home loans of up to Rs 30 lakh. The Total Investment & Insurance Solutions
"With
this reduction, salaried borrowers can avail home loans at among the lowest
rates in the industry. Salaried women borrowers will get home loans at 8.35 per
cent and others at 8.40 per cent," the private sector lender said in a
statement.
According
to ICICI Bank, customers from economically weaker section (EWS) and low income
group (LIG) can avail the dual benefit of low interest rates and credit linked
subsidy under the Pradhan Mantri Awas Yojana. The Total Investment & Insurance Solutions
Commenting
on the initiative, ICICI Bank Managing Director and Chief Executive Officer
Chanda Kochhar said: "ICICI Bank is committed to support the government's
vision to provide housing for all by 2022. In line with this commitment, we
have reduced the home loan interest rates for the affordable housing
segment." The Total Investment & Insurance
Solutions
On
May 8, the country's largest home loan provider State Bank of India (SBI)
announced a reduction in the home loan rates by 25 bps from 8.60 per cent to
8.35 per cent per annum.The Total Investment
& Insurance Solutions
No comments:
Post a Comment