After a few calls and a follow-up email, the bank revised the offer to — a reduction of 0.25%.
He checked his CIBIL score: . Priya’s was 798 . He called ICICI’s home loan desk and asked: “What’s the best rate for CIBIL 802 and if I open a salary account with you?” icici home interest rates
Let’s look at the numbers:
Mehta: “ICICI, like most banks, has different rate slabs. For a CIBIL score above 780, they often offer 8.50% or even 8.40% under festive or special schemes. Also, if you transfer your salary account to ICICI, you might get a 0.05% concession.” After a few calls and a follow-up email,
That weekend, at a family dinner, Rohit mentioned the loan. Uncle Mehta asked, “Did you check if you qualify for a lower rate based on your credit score or relationship with the bank?” He called ICICI’s home loan desk and asked:
The next day, Rohit logged into ICICI’s website and saw a note: “Existing salary account customers get 0.10% off. CIBIL > 800 gets 0.15% off.”