ICICI Home Finance introduces special

ICICI Home Finance introduces special FD scheme for senior citizens

ICICI Home Finance (ICICI HFC) is offering a special FD scheme for senior citizens with competitive interest rates of 6.55%, 6.70%, and 6.75% per annum for the tenures of 30,45 and 65 months respectively for deposits less than INR 2 crores. The current FD interest rates have been reduced by 55 basis points from the previous rates, effective July 31^st 2020.

Senior Citizens can invest in these longer tenures to get regular monthly income.

For example: Mr. Kumar making a deposit of 10 lakhs for a tenure of 65 months will earn monthly income of INR 5458*.

Deposits offered by ICICI HFC enjoy the highest credit rating from CRISIL, ICRA & CARE.

Deposits can also be made by the general public with competitive interest rates of 6.30%, 6.45%, and 6.50% per annum for the tenures of 30,45 and 65 months respectively for deposits less than INR 2 crores.

It is simple to open an ICICI HFC Fixed Deposit, as one can visit www.icicihfc.com/fixed-deposit and apply online from the comfort of your home. Just click “Apply FD” link on the website, follow the easy online application process and start earning via high interest in no time.

ICICI Home Finance launches SARAL

ICICI Home Finance launches SARAL affordable housing loan

Special home loan rate for Women, Lower and Middle Income Groups

Key Highlights: -

·         SARAL affordable housing loan offers loans up to INR 35 lakhs

·         Interest rate starts from 7.98% onwards

ICICI Home Finance (ICICI HFC) has launched SARAL – an Affordable Housing Loan, aimed to fund homes in urban and rural areas. Developed for women, lower, middle income customers and economically weaker sections having maximum household income up to INR 6 lakhs annually. The SARAL affordable housing loan is available at an interest rate starting from 7.98% onwards, for a maximum tenure of 20 years. Customers with pre-existing loans can also transfer their loans to ICICI Home Finance’s SARAL affordable housing loan.

In a bid to encourage more women homeowners, ICICI HFC’s SARAL loan requires a mandatory woman ownership in rural areas of the country for a household income of Rs 3 lakhs to Rs 6 lakhs. Interested customers can walk into any branch with their KYC documents, proof of income and property documents or login to www.icicihfc.com and start the process. SARAL loan applicants can also avail of an interest subsidy up to Rs. 2.67 lakhs per house, under the Pradhan Mantri Awas Yojana (PMAY) scheme till March 31, 2021.

Speaking about the SARAL loan, Mr. Anirudh Kamani, MD & CEO, ICICI Home Finance, said, “Our SARAL affordable housing loan is a recent addition to our portfolio in an endeavour to offer customer friendly, affordable financial solutions to those seeking to buy their dream homes. We look forward to empowering more women across the country to transform themselves from homemakers to homeowners with this loan product.”

ICICI Home Finance has been taking proactive measures across 137 branches that have opened up across zones. This includes temperature screening of all visitors and employees before entering the branch, cleaning of common office spaces regularly, and placing of hand sanitizers at various locations, and having employees to use masks at all times. branches, including 15 zonal offices in the country