ICICI reduces home loan rates for new customers

Started by sajiv, Aug 27, 2009, 05:53 PM

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sajiv

ICICI reduces home loan rates for new customers

India's largest private bank ICICI Bank on Wednesday, Aug 26, cut home loan rates for new customers. This will be effective from Aug 20.

ICICI Bank has fixed the new interest rate for loans up to Rs 20 lakh at will charge 8.75 pc and 9.25 pc for loans between Rs 20 lakh-Rs 50 lakh.

For loans above Rs 50 lakh the bank will charge an interest rate of 9.75 pc. Except for the special offer, ICICI Bank's interest rates were in the range of 9.25 to 11 pc.

jazmartinn

Compare the interest rates on other cards offered by your company as well as those offered by other banks. If you find a card with a significantly lower interest rate, you can call up your bank and try to negotiate and get the same rate.

pradeep prem

they are covering the people with low interest for getting more loans they are doing simply after they always trouble us in interest to pay in time or it will be more