ICICI Bank Slashes Home Loan Rates to 10 Year Low at 6.70%; All You Need to Know
3 years, 9 months ago

ICICI Bank Slashes Home Loan Rates to 10 Year Low at 6.70%; All You Need to Know

News 18  

ICICI Bank on Friday announced that it has reduced the home loan interest rate to 6.70 per cent. We believe that this is an opportune time for an individual to buy his/her dream home, considering the prevailing low-interest rates,” said Ravi Narayanan, Head- Secured Assets, ICICI Bank. Last week, banks including the country’s biggest lender State Bank of India, Kotak Mahindra Bank and early this week, HDFC reduced their home loan rates, intensifying competition in the lucrative market. SBI, HDFC cut home loan rates to 6.7 per cent and 6.75 per cent, while Kotak Mahindra cut home loan rates to 6.65 per cent.

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