When it comes to buying a home loan, it would not be wrong to say that it is a big-time responsibility, hence it is a decision that should be taken carefully. And, the first and foremost step that one should take is to find the best lender.
And, who else is better than ICICI home loan that can offer you the great deal. Yes, being a renowned and reputed lender, there is no denying the fact that this name rules the roost as far as offering the HL is concerned.
Talking about the same, the lender offers this credit facility to both salaried as well as self-employed individuals either at fixed or floating interest rate. So, without wasting any time further, let’s just come to the point straight and let you know about the rates being offered to the different category of borrowers.
Home Loan Interest Rates in Detail
Salaried: If you a salaried individual who wants to avail this loan, you would be glad to know that you can avail the same at an home loan interest rate ranges between 8.50%-8.95% per annum. Talking about the same, there is no denying the fact that the lower the rates, the better it is for you in the long run as it will further help you to enjoy the pocket-friendly monthly installments along with the Interest Outgo.
Self-employed: Those who are self-employed, need not to worry as they can avail the loan at an interest rate of 8.50%-8.95% per annum. Moreover, talking about the range, it is attractive, which allows an applicant to have a smooth journey as it reduces the EMI and overall loan burden. This is the reason that why people are always curious to know the rates first before starting their journey as they can either make or break the situation for many.
Women: Nothing could be more exciting than availing an online home loan at competitive rates, especially if you are a woman. Yes, all the women borrowers can now avail this credit facility at an attractive rate that ranges between 8.45%-8.90% per annum. Furthermore, this range allows all the applicants to enjoy a smooth sail as it reduces the monthly repayment burden along with the Interest Outgo.
Existing Customers: If you are an existing customer of the bank, with the help of the interest rate conversion option, you can reduce your current rate of interest by opting for a lower rate. Not only this, the customers can switch from fixed rate to floating rate in order to get the maximum benefit. Sounds great, isn’t it?
ICICI Home Loan Interest Rates for Balance Transfer
One of the best ways to lower your EMI burden and save more money is by transferring your existing HL to ICICI home loan online. Yes, with the help of availing the balance transfer, you can enjoy the lowest home loan interest rates while saving big on your monthly installments and Interest Outgo.