‘Apna Ghar Dreamz’ Home Loan Scheme—By ICICI Home Finance

Published on September 19, 2020
Current Context: The ICICI Hone Finance has launched a home loan scheme with the name ‘Apna Ghar Dreamz’.
‘Apna Ghar Dreamz’ Home Loan Scheme—By ICICI Home Finance
  • The scheme is launched for skilled labourers like electricians, mechanics, painters, grocery store owners etc. in the informal sector of Delhi.
  • The credit amount under ‘Apna Ghar Dreamz’ loan scheme ranges from Rs 2 lakh to Rs 50 lakhs.
  • The scheme also allows for the customer to avail the benefits of Pradhan Mantri Awas Yojana (PMAY), credit-linked subsidy scheme (CLSS) for lower-income groups or economically weaker sections (EWS/LIG) and Middle-income groups (MG- I &II).
  • As the ‘Apna Ghar Dreamz’ loan scheme is for the informal working sector, the scheme does not demand any documents which are required to get a loan from a formal financial institute. 
  • A special 20-year tenure loan is offered under this scheme, which requires basic documents like PAN Card, Aadhar Card and bank statement of the past 6 months. 
  • The beneficiaries is required to have a minimum balance of Rs 1500 for a loan up to Rs 5 lakh and a minimum balance up to Rs 3000 for loan above Rs 5 lakh. 
  • Static Part: 
    • MD and CEO of ICICI Home Finance: Anirudh Kamani

Question: 

Q.1 Which of the following bank launched ‘Apna Ghar Dreamz’ home loan scheme?
a. ICICI Bank
b. SBI
c. Bank of Baroda
d. HDFC Bank

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students prepaing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu