ICICI Bank announces ‘Saral-Rural Housing Loan’

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New Delhi | Published: August 10, 2015 6:48:08 PM

ICICI Bank today announced a new home loan proposition, ‘ICICI Bank Saral-Rural Housing Loan’, with a special interest rate.

ICICI Bank today announced a new home loan proposition, ‘ICICI Bank Saral-Rural Housing Loan’, with a special interest rate. Applicants from rural areas including women borrowers as well as seekers from weaker sections can now avail home loans at the ICICI Bank Base Rate (“I-Base”) which is currently at 9.70%. An eligible borrower can take up to Rs.15 lac under the ‘ICICI Bank Saral-Rural Housing Loan’.

Mr. Rajiv Sabharwal, Executive Director, ICICI Bank said, “ICICI Bank is committed to support the socio-economic development of a larger section of the society. We believe that ‘ICICI Bank Saral-Rural Housing Loan’ will empower customers including women borrowers in the rural locations to realize the dream of owning a home at an affordable interest rate.” The customers can avail the loan to purchase or construct or renovate a home in rural areas.

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