Tuesday, May 22, 2007

ICICI Bank Unveils 48-Hour Home Loan Processing In Mysore

Mysore: ICICI Bank has increased its support to realty market in Mysore by unveiling a 48-hour home loan-processing scheme. Announcing its launch at the ''My Realty-2007'', bank''s emerging market mort1gage finance group said, if they do not do process within 48 hours, they will refund the processing fee. The bank will focus on Mysore in all its future property development cross-location events conducted regularly at leading centres across the country. The events are part of the bank''s retail property services in India. ICICI has witnessed a 30 per cent growth in the home loan sector in the last two years. In volume, it has risen to Rs. 10-12 crore from Rs. 3-4 crore.

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