ICICI Bank reduces home loan rates by 30 bps
Private sector lender ICICI Bank has reduced interest rates by up to 30 basis points (bps) for home loans of up to `30 lakh. With this reduction, salaried borrowers can avail home loans at among the lowest rates in the industry. Salaried women borrowers will get home loans at 8.35 per cent and others at 8.40%. According to ICICI Bank, customers from economically weaker section (EWS) and low income group (LIG) can avail the dual benefit of low interest rates and credit linked subsidy under the Pradhan Mantri Awas Yojana. The bank also inaugurated a branch in Jaipur, which is its 60th branch in the city.