ICICI Bank
Home Loan Interest Rate & EMI In India, September 2020
HIGHLIGHTS Lowest Home loan interest rates starting at 6.90%/annum No prepayment charges on home loans linked to floating rate of interest A base point is equal to one-hundredth of a percentage point. Interest rates are based on the floating rate system. Factors that high income, property in a good location, valid income proof, and good […]
Solving the conundrum of Fixed vs Floating Home Loan Rate
Last month, several leading banks slashed the home loan rates to attract prospective home buyers. Where HDFC cut the interest rates to 10.15-10.65 per cent, ICICI Bank, another big player, announced a single rate of 10.15 per cent for all floating home loans amounting up to Rs 5 crore. Analysing the highly-competitive home loan market, […]
