Absolutely. This is called a Balance Transfer. ICICI will cover the legal transfer fees and offer you a lower interest rate (provided your repayment history is clean). Final Take: Should You Go with ICICI? If you value digital convenience , a strong mobile app, and the ability to save interest via the SAVE/Overdraft account, ICICI is an excellent choice .
However, if you have a lower CIBIL score (below 700) or need a loan for a very rural property, you might get better flexibility from a smaller housing finance company (like HDFC Ltd or LIC Housing Finance).
This is a non-binding letter stating the bank will lend you X amount. It takes 2 minutes online and helps you negotiate with the seller.
Absolutely. This is called a Balance Transfer. ICICI will cover the legal transfer fees and offer you a lower interest rate (provided your repayment history is clean). Final Take: Should You Go with ICICI? If you value digital convenience , a strong mobile app, and the ability to save interest via the SAVE/Overdraft account, ICICI is an excellent choice .
However, if you have a lower CIBIL score (below 700) or need a loan for a very rural property, you might get better flexibility from a smaller housing finance company (like HDFC Ltd or LIC Housing Finance).
This is a non-binding letter stating the bank will lend you X amount. It takes 2 minutes online and helps you negotiate with the seller.
