ICICI Bank Launches “Festive Bonanza” and Announces Home and Auto Loan Offers

Mumbai: ICICI Bank today announced the launch of “Festive Bonanza”, a wide variety of offers for all its customers at the start of the festive season. Customers can enjoy discounts and cashbacks up to 25,000 which can be used using the Bank’s credit/debit cards, internet banking, consumer credit and cardless EMI. These offers are also available to customers in the form of EMI using the Bank’s debit/credit cards.

Speaking at the launch, Mr. Rakesh Jha, Executive Director of ICICI Bank, said, “We are delighted to announce the launch of ‘Festive Bonanza’ for our customers which will include a plethora of offers, discounts and cash back on purchases and expenses. We have collaborated with leading brands and e-commerce platforms on a wide range of products and services. In addition, we have introduced festive benefits in our banking solutions – home loan, balance transfer, loan against property, personal loan, car loan, two-wheeler loan. We hope these offers can bring a lot of joy and excitement to our customers.”

The Bank has selected a bouquet of offers to meet the festive needs of customers.

ICICI Bank customers can benefit from attractive discounts in all categories by using the Bank’s debit/credit card. They can use facilities such as No-Card EMI and No-Fee EMI to finance their purchases.

Some great offers on the loan suite are:

Home loan: Get pre-approved home loan and pre-approved balance transfer with processing fee of Rs.1100 only*. Customers can get 50% off* processing fees for home loan, balance transfer and loan against property

Car Loan: Customers can get a car loan of up to 100% of the on-road price on a new car loan and up to 100% of the car’s value on a used car loan for a term of up to 8 years.

Consumer Credit: Toll Free EMI on major brands like Apple, OnePlus, Samsung, Sony, LG, Voltas among others, this facility will be activated at major retailers like Croma, Reliance Digital, Vijay Sales, Bajaj Electronics, etc.

Personal Loan: Customers will not be charged pre-closing fees on personal loans after payment of 12 EMIs (3% charged, if closed before 12 EMIs)

Tractor loan: Customers can also benefit from a tractor loan for up to 6 years*. The loan will be granted up to 90% of the cost of the tractor

Two-Wheel Ready: Customers can take advantage of up to 100%* of the on-road price of the two-wheeler and get EMIs as low as 30 per 1,000.

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