ICICI Bank Waives Off Penalty On Late Payment Of Loan EMI In Kerala

INSUBCONTINENT EXCLUSIVE:
ICICI Bank waived off penalty charges for late payment of credit card dues by its customers in KeralaICICI Bank on Friday announced its
decision to waive off penalties on late payment of loan EMIs by its customers in Kerala this month
personal loans from ICICI Bank in Kerala will not be charged any penalty for delayed payment of EMIs in the month of August
Private sector lender ICICI Bank also waived off penalty charges for late payment of credit card dues as well as cheque bounce by its
customers in Kerala, according to a statement dated August 17."Bank will waive off penalties on late payment of EMI for all retail
loans-home, car and personal-for our customers in Kerala in the month of August," ICICI Bank said.ICICI Bank also announced contribution of
"Rs 10 crore to aid the state government and the local authorities in their efforts to provide relief and assistance in the flood affected
promised to donate Rs 10 crore for the relief and rehabilitation work in the state
Of this, Rs
8 crore will be donated to the Chief Minister's Distress Relief Fund while Rs
at ICICI Bank, are committed to assist the people of Kerala in this hour of need and give them a helping hand, through our own initiatives
the country's largest private sector bank by consolidated assets
Its consolidated total assets stood at $172.5 billion as of March 31, 2018.