- Customers can avail loans up to Rs 1 crore in lieu of Equity and Debt Mutual Fund Scheme
- ICICI Bank will take advantage of this facility as an overdraft without visiting the branch and documenting
- new Delhi. ICICI Bank, the country’s second largest private bank, announced a few days ago to give an Insta Education loan of one crore rupees. Now the bank has launched a new loan scheme. After which now the bank has started Insta Loan Service. The special thing of which is that neither you will need to go to the bank nor to submit any document. In fact, you can take a loan of up to 1 crore rupees in lieu of equity and debt mutual fund scheme. Which is named Insta Loan Against Mutual Fund. This facility is available to customers who have taken hold of CAMS Serviced Mutual Fund Units.Gold and Silver fall drastically from record level, know how much cheaperAlso Read: No excuses for going low on R&D
You can apply in this way
– First of all you have to login to the Internet Net Banking of the bank.
– Click on Insurance and Investment.
– Click on the loan against mutual fund.
– Pre-qualification eligibility must be checked.
– Select on type of mutual fund.
– It is necessary to confirm the request on the CAMS portal.
– Give information about MF Scheme and its unit.
– Confirm OTP through request on its register mobile number.
After that, fill your loan amount.PNG may be hit by common man after LPG, this charge in preparation for doubling
FD scheme was also launched
ICICI Bank launched a new fixed deposit scheme for senior citizens amid lockdown. On behalf of the bank, the scheme was named ICICI Bank Golden Year FD. In this FD scheme, senior citizens can make fixed deposits for a minimum of 5 years and maximum of 10 years. A fixed deposit of up to two crore rupees can be made in this scheme. The scheme will provide an annual interest rate of 6.55 per cent for FD.
