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Interest Rate

8.80% - 13% Per Annum

Processing Fee

Max. Rs. 5,000

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure Fee - NIL

Eligibility:

  • Age - 23-70 years 
  • Should be self-employed/partnership/companies

Features & Benefits:

  • Provides 100% finance 
  • Available for multi-utility and sports-utility vehicles 
  • Customers can enjoy E-approval 
  • EMI Repayment facility 
  • Minimum Documentation

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Short Description:

ICICI Bank Car loan provides 100% finance for new car loans with a cost-effective interest rate. The car loan is applicable for passenger cars, multi-utility cars and sports-partnership cars and it can be paid through EMIs.

Bank Description:

ICICI Bank was started in 1994 and has emerged as India's largest private sector bank. It offers a wide range of financial services and banking products to retail as well as the corporate customers. ICICI Bank Car loan provides 100% finance for new car loans with a cost-effective interest rate. The car loan is applicable for passenger cars, multi-utility cars and sports-utility cars and it can be paid through EMIs.

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