Icici | Bank Home Loan Interest Rate =link=

He called Mr. Sharma. "Why am I paying 9% when new customers get 6.9%?"

Like millions of Indians, they walked into an ICICI Bank branch. The manager, a shrewd man named Mr. Sharma, slid a sheet across the table. "Ma'am, Sir," he began, "Our current ICICI Bank home loan interest rate is , linked to the MCLR (Marginal Cost of Funds based Lending Rate)." icici bank home loan interest rate

Russia invaded Ukraine. Inflation soared. The RBI started hiking the Repo Rate aggressively. From 4% to 4.40%... to 5.15%... to 6.50% within 18 months. He called Mr

Consequently, the ICICI Bank home loan interest rate for their loan is now (Repo 6% + Spread 2.85%). The manager, a shrewd man named Mr

Sunil did the math. He bet that rates would fall soon. He stayed on the floating rate. Today, Sunil and Priya are sitting in their finished living room. The plaster is dry. The kids are playing.