- In order to provide a special affordable house loan for urban and rural areas, ICICI Home Finance Company Limited (HFC) has launched a scheme named as SARAL. The beneficiaries are such as women, lower, middle-income customers and economically weaker sections, with a maximum household income up to Rs 6 lakh per year, wil be covered under SARAL Yojana.
- To take loan, the ownership of a woman in the country’s rural areas is required which is from 3 lakh rupee to 6 lakh rupee. an eligible can take loan of Rs 35 lakh. the interest rate starts from 7.98 per cent. the maximum tenure of the paying loan is 20 years.
About ICICI Home Finance Company Limited –
Headquarters: Mumbai, Maharashtra
Chairman: Anup Bagchi
Managing Director(MD) & Chief Executive Officer(CEO): Anirudh Kamani