Although not, the brand new move isnt totally brand new and you may will come after whenever its rival Axis Bank made specific waiver out-of EMIs towards family loan.

• ICICI Lender will bring step 1% cash back for each EMI covered home loan
• Bring is available getting mortgage brokers that have the very least tenure out of fifteen years
• ICICI Lender charge financial rate of interest which range from 8.35%

ICICI Lender keeps circulated a mortgage business that delivers borrowers a benefit of step one% cashback on every EMI (equated monthly installments) it purchase the latest tenure of their loans.

The degree of cashback might possibly be often credited on the ICICI Bank accounts or might be modified facing dominating a fantastic of its finance.

The offer is present having mortgage brokers which have a minimum period out-of 15 years. Each other residents together with NRI borrowers are eligible to put on on the cashback home loan.

Below it provide, financial consumers is actually empowered to select their preferred setting regarding cashback

Currently, ICICI Financial costs interest rate 8.35% having salaried woman borrower with home loan count as much as Rs 30 Lakh and you can 8.40% with other salaried classification.