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ICICI Home Loan News - Dec 2021
- 2021-10-14 : ICICI Bank Introduces ‘Home Utsav’
ICICI Bank has introduced the ‘Home Utsav’ offer, which is a virtual property exhibition that allows home buyers to select their dream home project by browsing through projects by sitting at home or office. A customer can also avail of benefits on a home loan like lower interest rates, special processing fees and much more. - 2021-10-01 : ICICI Bank Introduces Festive Bonanza Offer
ICICI Bank has introduced a festival bonanza offer from October 1, 2021. Under the offer, a borrower can avail home loan at an interest rate of 6.70% and a processing fee starting at Rs 1100. - 2021-09-24 : ICICI Bank Revises Home Loan Interest Rate
ICICI Bank has cut home loan interest to 6.70%. The lowest rate for salaried is 6.70% and self-employed is 6.80%. If a borrower has a low credit score then they will have to pay 7.40% of the principal amount. - 2021-07-09 : ICICI Bank Q1 Net Profit seen up 59.1% YoY to Rs. 4,136.5 crores
Motilal Oswal has come out with its first-quarter earnings estimates for the Banks and Insurance sector. The brokerage house expects ICICI Bank to report a net profit of Rs. 4,136.5 crore up 59.1% year-on-year on all products combined including Personal Loan, Home Loan, Loan Against Property, Business Loan, Gold Loan, and Car Loan. Net Interest Income (NII) is expected to increase by 15.6% Y-o-Y to Rs. 10,731.6 crore. - 2021-06-03 : ICICI Bank revised its Marginal cost of lending rates
ICICI Bank revised its MCLR, with effect from 1 June 2021. The overnight and one-month MCLR is 7.05%. The rate for three months, six months and one year are 7.10%, 7.25% and 7.30%, respectively.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources.
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