Mumbai: Private sector lender ICICI Bank
on Wednesday said it has launched new home loan schemes at lower interest rates for new borrowers.
Under the new offer, interest rates for up to Rs 20 lakh is 8.75 per cent, an ICICI Bank spokesperson told PTI, adding
the schemes are effective from August 20.
For loans between Rs 20-Rs 50 lakh, the new interest rate
is 9.25 per cent. Borrowing above Rs 50 lakh attracts 9.75 per
cent interest rate, the spokesperson said.
Except for the special offer, ICICI Bank's interest rates
were in the range of 9.25 to 11 per cent.
Bureau Report
First Published: Thursday, August 27, 2009, 00:00