New Delhi. ICICI Home Finance has started the scheme of giving home loan to the workers and laborers doing their own work. This loan will be available to those people who do not have Income Tax Return document. For such individuals, ICICI Home Finance has introduced on-the-spot Saral Home Loan facility.
The company has said that it has started this scheme for such people under ‘Big Freedom Month’ on the occasion of Independence Day. The company has said that carpenters, plumbers, electricians, tailors, painters, auto mechanics, auto, taxi drivers and others can take home loans under this scheme on-the-spot only. All they have to do is provide their PAN card, Aadhar card and six months bank account details.
Various home loan offers
Anirudh Kamani, MD & CEO, ICICI Home Finance said, “During the Big Freedom Month, there will be a variety of home loan offerings in the form of on-the-spot home loan approval. We will have local representatives at each branch who will help in providing loan with minimum documents.”
Subsidy also under Pradhan Mantri Awas Yojana
The company said that in this scheme, home loan borrowers can also take advantage of subsidy up to Rs 2.67 lakh in the interest amount under the Pradhan Mantri Awas Yojana (PMAY). This is a loan linked subsidy scheme for low income group and economically weaker section.