Dec 15 2009

ICICI Banks Cuts home loans interest rates

ICICI-Bank-Fitch-Ratings

India’s major private bank ICICI Bank have entered the interest rate war in the home-loan market with their fixed-cum-floating rate schemes.

ICICI Bank has launched a home-loan scheme under which 8.25% interest rate will be fixed for the first two years. The floating rates will apply after 2 years. These rates will be applicable to loans sanctioned between December 2009 and January 2010. The clients will have to make sure that the first disbursement takes place before the end of March 2010.

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Related posts:

  1. ICICI Bank cuts Home Loans Interest Rates by 25-50 bps
  2. Home Loans Interest Rates Reduced
  3. SBI cuts home loan rates for first 3 years
  4. Bank of Maharashtra reduces home loans interest rates
  5. ICICI Bank reduces lending and deposit rates with effect from April 24, 2009

2 Comments on this post

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  1. Aman @ EquiTipz said:

    This is a real gr8 news for the ppl who are looking to invest in property this festive season…

    December 15th, 2009 at 2:37 pm
  2. Shraddha Goenka said:

    Plz give updates of all recent trends merging up in banking sector

    February 2nd, 2010 at 9:57 pm

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