Friday, March 6, 2009

ICICI Bank cuts interest rates only for new home loans

No interest rate cut for the existing customers!

New floating rate structure

1) Home loans less than Rs 20 lakhs:
New interest rate 9.75% as against 10% earlier

2) Between Rs 20-30 lakhs:
New rate 10% as against 10.5% earlier

3) Rs 30 lakhs and above:
11.5% as against 12% earlier.

To read about Canara Bank's offer, please, visit - The Economic Times

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