Icici Bank Home Loan Interest Rate =link= 〈Trending〉

But there was a twist. Unlike the old MCLR days, ICICI offered a . In October 2023, Sunil walked into the bank again. He asked for the one product that protects you from rising rates: The Fixed Rate (without reset).

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

Mr. Sharma shook his head. "Sir, fixed rate is currently . Higher than your 9.35%. But it will stay fixed for 5 years." But there was a twist

To the Mehtas, 8.60% was just a number. They signed the papers. Their EMI was ₹49,000. Life was good. He asked for the one product that protects