India's Private
sector largest lender ICICI Bank had announced its new interest rates for
housing loans at the on set of the festival season. This offer is effective
from & valid for sanctions up to December 31, 2012.
Under this offer, the
ICICI bank will offer floating rate home loans at 10.25% for amounts below Rs.
30 lakh and 10.50% for above Rs. 30 lakh and up to Rs. 3 crore.
The same rate of
interest is applicable for fixed rate housing loans for the one & two year
fixed tenures.
For a fixed rate loan
of 3 year period, the rates are 10.50%
amounts below Rs. 30 lakh & 10.75% for above Rs. 30 lakh and up to Rs. 3
crore
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