ICICI Bank has reportedly unveiled two instantaneous home loan facilities -- ‘Instant Home Loan’ and ‘Insta Top Up Loan’. The ‘Instant Home Loan’ service enables pre-approved salaried customers of the bank to avail final sanction letter digitally and instantly for loans up to Rs 1 crore for a tenure of up to 30 years (based on the age of the customer) using internet banking facility, while the ‘Insta Top Up Loan’ initiative would enable existing home loan customers of the bank to avail the facility of topping up their loan immediately up to Rs 20 lakh for a tenure up to 10 years, in a completely digital and paperless manner.
ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.
