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ICICI Bank launches credit-linked subsidy scheme under 'Pradhan Mantri Awas Yojana'

ICICI Bank launches credit-linked subsidy scheme under 'Pradhan Mantri Awas Yojana'

Mar 10, 2016, at 11:00 pm

Mumbai, Mar10 (IBNS): ICICI Bank on Thursday announced the launch of a credit-linked subsidy scheme for home loans under the ‘Pradhan Mantri Awas Yojana’. Under this scheme, individuals including women borrowers from the economically weaker section and low income group will be able to acquire and construct the first brick-and-mortar (pucca) house of the family by paying significantly lower Equated Monthly Instalments (EMIs).