ICICI and HDFC slash home loan interest rate to match SBI
BI India BureauMay 16, 2017, 01.36 PM
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This is the same rate at which India's largest bank State Bank of India offers home loans.
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As per the changes, salaried women borrowers will get home loans at 8.35% and others at 8.40% for loans up to Rs 30 lakh. ICICI has also announced varied rates for women and other borrowers for loans above Rs 30 lakh, at 8.5% and 8.55%, respectively.
HDFC , on the other hand, has kept uniform rates for men and women at 8.5% for loans between Rs 30 lakh and Rs 75 lakh, while for those above Rs 75 lakh, interest would be charged at 8.55%.
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(Image source My Estate Point)