Plan Your Investment

In the last week, ICICI bank has launched a limited period offer for the new home loan customers. The offer is 1% cash back on the EMI paid by them during the entire tenure. The offer is valid till 31st December, 2012. This initiative is taken by ICICI bank to lure more customers to take [...]

PPF is one of the most preferred investment scheme among us. The reason why we prefer is it is most secured and there is no other other investments with the long term goals. The current interest rate for PPF is standing at 8.8%. The interest rates of the PPF is revised every year by the [...]

Introduction Earlier I have published an article about the online money management solution Intuit Money Manager and how to use it. It is an standalone application and can be used without logging into any of the bank’s net banking. But, one great advantage is that you can see the transactions of any banks. Intuit money [...]

ICICI has decided to increase its benchmark lending rates by 25 basis points. This change will be effective from July 4, 2011. The revised base rate and Benchmark Prime Lending Rate (BPLR) will be 9.50% and 9.2%. The bank also increased the floating reference rate (FRR) to 15.25%. Bank said the rates changes will not [...]

In our previous articles I have written about the NEFT charges by ICICI Bank. Later they have withdraw the charges. It is known that SBI bank is already charging for the online transactions. Nowadays many banks started looking for the new ways to make money from the online account. It is obviously not good for [...]

Earlier I have written about the NEFT transaction charges levied by the ICICI bank. Also I mentioned in that article that charging for the online transactions are not good option because millions of people using the net banking and it eliminates the long queue in the bank branches. Finally ICICI Bank not charging for the [...]

After the announcement from other major banks like SBI, ICICI and HDFC to reduce the home loans interest rates, now IDBI bank joined the party to reduce the home loans interest rates effective from 16th December, 2009. It is offering 8.25 per cent fixed rate for all its new loans till March 2012. The offer [...]

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 [...]

In this article I will be writing about the new product launched by ICICI this year. The name of the product is Advantage Deposit scheme. A new product with dual benefits of a fixed deposit and a mutual fund. This post provides more details about that product and whether it is suitable for you. If [...]

Introduction In this article I will be writing about the sending money order using the ICICI bank net banking. Sending money order is our traditional approach for sending money to other person across India. Nowadays not many people are using this approach because of the development of banks in rural areas and ATMs every where. But, [...]