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Q.

I am an existing ICICI Bank Home Loan customer. Can I migrate from FRR/I-BAR to I-Base based interest rate ?

Ans:- Yes, there is a provision for any existing customer to migrate to I-Base based interest rate. There will be no fee or charges for this migration. Please note that benchmark migration to I-Base will not result into any change in existing effective interest rate for the customer. While the FRR will be replaced with I-Base, the margin will be adjusted accordingly to maintain the effective current interest rate.

If there is no difference in the interest rates then how the existi

About: Your home loan rates will never be the same again

Asked by Anand, 12 Jul '10 01:00 pm
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Answers (2)

1.

Better Transfer your loan to SBI. if you stay in pune mail me at rahul_2bhadra@rediffmail.com. M n hlc wth SBI
Answered by rahul bhadra, 24 Jul '10 07:44 pm

 
  
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2.

The reply to this can only be given by the bank staff dealing with loans
Answered by iqbal seth, 12 Jul '10 12:54 pm

 
  
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