ICICI Bank offers two-wheeler loan EMI at Rs 36 per Rs 1,000 for 3 years

By Benson | Published: October 2, 2020 06:40 PM2020-10-02T18:40:03+5:302020-10-02T18:40:03+5:30

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The festive season is coming to a close. In view of this, banks have started bringing their special offers to woo customers.

Banks like State Bank of India (SBI) have announced not to take processing fees on new loans with low interest rates. Private sector ICICI Bank has also announced its festive offer for customers.

Under its festive offer, the bank has brought something for customers of every category.

For example, he is offering a two-wheeler loan for three years at an EMI of Rs 36 per 1,000. The processing fee for this is Rs 999.

Apart from this, ICICI Bank is offering discount, cashback, reduced EMI and processing fees on the loan to buy basic as well as luxury items. It is available for both retail and business customers.

Home loan: Balance transfer of home loan and home loan of other banks starts at 6.90% interest rate (repo rate linked). For this, the processing fee starts at Rs 3,000.

Auto loans: To help customers buy their own cars, the bank has introduced many flexible schemes. In this, EMI starts at Rs 1,554 per lakh for a period of 84 months. There is a flat processing fee of Rs 1,999 for female customers.

Two-wheeler loan: EMI is Rs. 36 per 1,000 for a loan of 36 months. The special processing fee is Rs 999.

Instant Personal Loan: Interest rates start from 10.50 percent. There is a flat processing fee of Rs 3,999.

Consumer Finance Loan: No cost EMI available on leading brands of home appliances and digital products. The loan is sanctioned with minimum documentation. 10% extra discount on apparel brands. Cashback of up to Rs 5,000 on purchases of at least 50 thousand rupees from Tribhuvandas Bhimji Zaveri.Discount on purchase of grocery from Amazon, Big Basket, Paytm Mall, Growers and Milk Basket. 20% discount on major food delivery apps like Gomato, Swiggy and Domino’s. Customers can get these offers using ICICI Bank’s Debit Card, Net Banking and Mobile Banking App ‘I Mobile’.