ICICI Bank offers two-wheeler loan EMI at Rs 36 per Rs 1,000 for 3 years

With the festive season around the corner, banks have begun coming out with their extraordinary special offers to tempt customers. Banks like the State Bank of India has declared loan offers and waiver of charges. Private area loan specialist, ICICI Bank, has declared its festive proposals for customers.

For instance, as a major aspect of its festive offer, ICICI Bank is offering its two-wheeler loans at a compared equated monthly installment (EMI) of Rs 36 for every Rs 1,000 for a tenure of 36 months i.e., three years, and with a processing expense of Rs 999. According to its site, the handling charges of a two-wheeler loan advance that are not a part of the festive deal is: Non-Premium/Premium Vehicles is 2.5% of the loan amount or greatest Rs 2,500; Super Premium Vehicles is 1% of the loan amount or limit of Rs 5,000. The bank’s official statement expressed that ICICI Bank is offering discounts, cashback, diminished EMI s, and discounts on processing charges on basic as well as luxury things for retail as well as business customers. A portion of the offers will be accessible from as ahead of schedule as of October 1, 2020, and others at various dates of this festive season.

The key advantages of ICICI’s Festive Bonanza on loan products range from home, auto, two-wheeler, individual and customer finance loans:

Customers can likewise benefit different proposals on categories, for example, electronics and gadgets, clothes and jewellery, wellbeing and health, grocery and food ordering, car and furniture, entertainment, and e-learning. Customers can profit these offers utilizing ICICI Bank’s debit and credit cards, net banking, and mobile banking application, iMobile from the different list of marquee brands offering appealing discounts. They can likewise appreciate offers on an extensive list of banking services and products, for example, loans, debit and credit cards, savings funds and current accounts, NRI accounts, cash transfer, consumer finance, and investments, among others.

(This article was originally published in Passionate in Marketing.)

Industry-Academia Connect Platform