Thursday, April 9, 2009

Best Deals on Home Loan for You

We, at ICICI Bank Home Loans, offer unbeatable benefits to ensure that you get the best deal without any hassles.

As one of the leading home loan provider, ICICI Bank understands how special building a new home is for you and our Home Loan help you lay the foundation for your dream home.

ICICI offers you the most convenient home loan plans to suit your needs. With so many attractive features in every type of home loan we offer, creating the home you always wanted is no longer a distant dream. Some of our key benefits are:
  • Guidance through out the process
  • Home loan amounts suited to your needs
  • Home Loan tenure upto 20 years
  • Simplified Documentation 
  • Doorstep Service 
  • Attractive interest rates 
  • Sanction approval without having selected a property. 
  • Free Personal Accident Insurance (Terms & Conditions)
  • Insurance options for your home loan at attractive premium 

No matter what the requirement, we have an appropriate plan for you.Get the best deals, and finance your perfect home, only from ICICI Bank.  


Changes in Floating Reference Rate (FRR) 

Interest rate on ICICI Bank Home Loans is linked to the ICICI Bank Floating Reference Rate (FRR/PLR). ICICI Bank FRR has been reduced by 50 basis points (i.e. 0.50%) with effect from December 31, 2008. Thus the FRR has been reduced from 14.25% to 13.75%. ICICI Bank PLR has also been reduced by 50 basis points (i.e. 0.50%) with effect from December 31, 2008. Thus the PLR has changed from16.25% to 15.75%. 

Accordingly, the Home Loan floating rate of interest has been reduced by 0.5% (50 basis ponits).

To know more about the change in FRR/PLR and it's impact please click here (FAQS).

For further queries regarding the change in rate, please get in touch with our call center.

Taking a loan

Reasons why you must consider an ICICI Bank Home Loan

Tax benefits of a Home Loan

Buying a home

Safe Banking with ICICI Bank Home Loans

Technical terms demystified

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