ICICI bank is aggressive in every segment of their service to expand their client base and here we have the feature of instant loans online approval from ICICI Bank for their Home Loans segment.
This service they are probably expanding for their present clients. However you can check out the same with the bank even if you do not happen t be their client.
The benefits for online service for home loan is as following:
- Get immediate provisional loan approval
- Attractive interest rates and special offers
- Free Personal Accident Insurance
- Personalised Home Loan counselling and more
However before you sign on them won the dotted line check for the time frame when they change the floating rate of interest when the rates go down as certain cases have come to light where they are reluctant to change from higher interest rates to lower rates in case of floating loans which is ideal in high interest scenario.