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ICICI Bank cuts home loan rate by 0.15%

NEW DELHI: ICICI Bank today announced a cut in home loan rate by 015 for new borrowers joining the rate cut initiated by bigger rival SBI

Updated At : 05:52 AM Nov 04, 2016 IST

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New Delhi, November 3

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ICICI Bank today announced a cut in home loan rate by 0.15% for new borrowers, joining the rate cut initiated by bigger rival SBI.

Home loans up to Rs 75 lakh for women borrowers will now attract an interest of 9.15% from the earlier rate of 9.30%, according to the ICICI Bank website.

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At the same time, the new rate for salaried class has been reduced to 9.20%, as against 9.35% earlier.

The new rate is effective from November 2. PTI

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