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ICICI Bank Launches ‘Festive Bonanza’; announces home and car loan offers

The ICICI Bank announced on Friday the introduction of a festive bonanza, which offers private and business customers attractive advantages in various banking products and services. The offers are available from October 1, 2021 on various dates in the coming Christmas season.

The ICICI Bank offers in the loan suite:

Home Loans: The bank’s customers benefit from an attractive interest rate (repo rate linked) from 6.70% and a processing fee 1,100 for new home loans and balance transfer of home loans from other banks.

Car Loans: The ICICI Bank offers EMIs from 799 per 1 lakh. Customers can also take out loans for a term of up to 8 years. Customers receive attractive interest rates for the used car loan from 10.5% and can also use a top-up loan for their existing car loan

Two-wheeler loans: EMI as low as 29 per 1,000 for a term of 48 months. Processing fee of Only 1,499

Instant loans for private individuals: The interest rate from 10.25% and processing fee of 1999

Corporate Loan – Insta OD: Use unsecured OD up to 50 Lakh and non-ICCICI bank customers can avail up to 15 lakh. Pay interest on the amount drawn with no foreclosure costs

ICICI Bank customers can take advantage of attractive discounts in all categories with debit / credit cards, internet banking and cardless EMI:

Offers on e-commerce platforms: 10% discount on online shopping at major e-commerce players such as Flipkart, Amazon, Myntra, Tata Cliq and Paytm Mall

Travel: Up to 25% off leading travel websites like MakeMyTrip, Yatra, EaseMyTrip and Paytm Flights among others

Mobile phones: Receive attractive discount and cashback offers on phones from Samsung, MI, OnePlus, Realme, Oppo and Vivo

Electronics & Devices: Up to 10% cashback for leading electronics brands such as LG, Bosch, Carrier, Dell, Eureka Forbes, Godrej Appliances, Haier, Panasonic, Sony, Siemens, Voltas, Whirlpool and many more. Customers can also take advantage of attractive discounts at Reliance Digital, Croma, Vijay Sales, Pai International, Kohinoor Electronics, Sargam Electronics, Hariom Electronics, Electronic Paradise, Arcee Electronics, Great Eastern Trading, Sales India, Big C, LOT Mobiles and B NEW Mobiles

Introducing Mr. Anup Bagchi, Executive Director of ICICI Bank, said: “To support this demand and general economic growth over the upcoming Christmas season, we are offering our customers a comprehensive range of offers, discounts and cashbacks – across several leading brands and e- Commerce platforms. The offers apply to the use of debit / credit cards from ICICI Bank, Internet banking and Cardless EMI “.

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Richard Dement

The author Richard Dement