ICICI Bank Car Loan

Being the second largest bank in the country in terms of assets and market capitalisation, it offers a great range of car loan with some unmatched interest rates. Based out of Mumbai they offer a range of financial services to firms and individuals alike. Getting a car loan frim ICICI is hassle free, easy and doesn’t need much time. The flexible schemes make it an attractive choice. Check for your eligibility and apply right away

ICICI BANK Car Loan Fees and Interest Charges



Interest Rate : 9.50% to 10.75%


Processing Fees : up to Rs 6153


Loan Tenure : 1-7 YEARS


Guarantor  : NOT REQUIRED


Pre-closure Charges :  5% on outstanding loan amount



Check the factors first

Minimum Rs 16,700 per month income required

Finances up to 80 % of  the car value

Any other EMI can lower down your eligibility


Know if you’re eligible for the loan

Minimum entry age: 23 years

Maximum age: 70 years

Income: Salaried & self employed


Why don’t you increase your loan eligibility?

Choose longer tenure for the 7 year eligibility maximisation.

Credit card bill need to be clear

What are the documents needed?

 

1. Application form with photograph duly signed


2. Processing fees


3. Latest  6 months Statement of bank account


4. ID Proof with Photo


5.Address Proof with Photo


6. Documents required for self employed


  • Proof of business existence
  • Last 3 years Income tax returns with computation of income
  • Last 3 years balance sheet and Profit /loss statement duly certified by CA

7. Documents for salaried


  • Income Tax statement or Form 16
  • salary slip of latest three month
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