Yet not, the newest circulate is not totally the fresh and you can arrives right after whenever its rival Axis Financial generated some waiver away from EMIs toward household mortgage.

• ICICI Bank brings 1% cash back on each EMI purchased mortgage
• Bring can be obtained getting mortgage brokers with the very least tenure away from 15 years
• ICICI Lender charge home loan interest rate starting from 8.35%

ICICI Bank enjoys revealed home financing facility providing you with borrowers an appeal of 1% cashback on each EMI (equated monthly premiums) it pay for the brand new tenure of their finance.

The degree of cashback would be possibly paid to their ICICI Bank accounts otherwise will be modified up against dominating a fantastic of its financing.

The deal is obtainable having mortgage brokers that have a minimum tenure out of 15 years. Both owners in addition to NRI individuals qualify to apply into the cashback mortgage.

Under this provide, mortgage consumers is empowered to choose its preferred setting away from cashback

Currently, ICICI Financial charges interest 8.35% to own salaried lady debtor with mortgage amount as much as Rs 29 Lakh and 8.40% to many other salaried class. Getting loan amount a lot more than Rs 29 Lakh, ICICI Bank fees 8.50% so you’re able to women borrower and you may 8.55% to help you anybody else.