ICICI bank launched India's first mortgage guarantee-backed home loan product ‘Extraa Home Loan’
Q. Which of the following banks has launched the India's first mortgage guarantee-backed home loan product ‘Extraa Home Loan’?- Published on 08 Sep 15a. State bank of India
b. Bank of Baroda
c. ICICI Bank
d. HDFC Bank
ANSWER: ICICI Bank
This move will help customers raise the eligible amount by up to 20 percent and increase the tenure by up to seven years. It will expand the credit amount and increase the tenure upto 67 years of age for an additional fee as well.
