"ICICI Housing Loan: In the mid of corona crisis, ICICI Home Finance is providing affordable home loans to customers. The company has made affordable housing loans for women and middle class income group by making loan arrangement flexible in urban and rural areas. In other words, Home Finance has launched Saral-Affordable Housing Loan Scheme which will be available in rural areas.
Saral-Affordable Housing Loan Scheme
This scheme focuses on women, middle class income customers & economically weaker people with an annual income of Rs 3 lakh-6 lakhs. Interest rates in this loan scheme are starting from 7.98% and it can be availed for a maximum period of 20 years.
However, it is mandatory for the applicants to have a house in the name of a woman, says the company. Moreover, this loan has been designed keeping in mind the goal of getting more women to own the house. Applicants can also avail interest subsidy of up to Rs 2.67 lakh per house under the Pradhan Mantri Awas Yojana scheme till 31 March 2021.
ICICI Home Finance, MD and CEO Anirudh Kamini said, SARAL loan scheme is affordable housing loan which offers customer friendly, affordable financial solutions to those wishing to fulfill their home dreams. This will enable women across the country to become more empowered.
How to apply?
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Applicant can first apply for loan by going to ICICI branch.
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They must present KYC documents, income proof and property document.
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Apart from this, by logging on to the official website of ICICI @www.icicihfc.com applicants can also apply online from home.
