Categories: Banking

ICICI Home Finance launches “SARAL” scheme for affordable house loan

ICICI Home Finance Company Limited (HFC) has launched “SARAL” scheme for a special affordable house loan for urban and rural areas. The beneficiaries are women, lower, middle-income customers and economically weaker sections, with a maximum household income up to Rs 6 lakh per annum.

Click Here To Get Test Series For SBI PO 2020

About SARAL Scheme:

The loan requires compulsory ownership of a woman in the country’s rural areas from Rs 3 lakh to Rs 6 lakh. The maximum limit of the loan is Rs 35 lakh. The interest rate of the loan starts from 7.98%. The maximum tenure of the loan is 20 years. Customers with pre-existing loans can also transfer their loans.

Important takeaways for all competitive exams:

  • ICICI Home Finance Company Limited Headquarters: Mumbai, Maharashtra.
  • ICICI Home Finance Company Limited Chairman: Anup Bagchi.
  • ICICI Home Finance Company Limited Managing Director(MD) & Chief Executive Officer(CEO): Anirudh Kamani.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Weekly One Liners 05th to 11th of January 2026

Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in competitive examinations…

18 hours ago

MeitY Launches PARAM SHAKTI Supercomputing Facility at IIT Madras

The Ministry of Electronics and Information Technology (MeitY) has launched ‘PARAM SHAKTI’, a powerful new…

2 days ago

Akasa Air Enters IATA, Becomes India’s Fifth Member of Global Airline Body

Akasa Air, India’s youngest airline founded in 2020, has become a member of the International…

2 days ago

Union Minister Annpurna Devi Inaugurates PANKHUDI Portal to Improve Services and Support for Women and Children

The Government of India focuses strongly on the welfare and empowerment of women and children.…

2 days ago

New Delhi World Book Fair 2026: Free Entry and Tribute to India’s Armed Forces

The 53rd edition of the New Delhi World Book Fair (NDWBF) 2026 will be held…

2 days ago

Oscars 2026: Five Indian Films Eligible for Best Picture at 98th Academy Awards

The 98th Academy Awards, also known as Oscars 2026, have recognized five Indian films as…

2 days ago