Which bank has launched home loan overdraft facility for salaried customers?
Which bank has launched home loan overdraft facility for salaried customers?
[A]State Bank of India
[B]ICICI Bank
[C]Axis Bank
[D]HDFC Bank
ICICI Bank
ICICI Bank Ltd has launched “ICICI Bank Home Overdraft” facility for salaried customers. The facility will enable customers to seek loans upto Rs 1 crore for personal needs against property. The minimum and maximum loan over the Home Overdraft facility is Rs. 5 lakh and Rs. 1 crore. The customers can avail themselves of minimum 10% of the total amount as term loan and maximum 90% as overdraft.