ICICI Bank Car Loan

ICICI Bank | Car Loan | 22-Feb,2021

About ICICI Bank: ICICI Bank Limited, commonly known as ICICI Bank, is an Indian multinational banking and financial services company that was inaugurated on January 5, 1994. Its registered office is located in Vadodara, Gujarat, and its corporate office is in Mumbai, Maharashtra.

Detail: Candidates age should be between 18 years to 65 years at the time of applying for a loan.

Annual Percentage Rate (APR): 7.90% to 12.00%

Minimum & Maximum period for repayment (Loan Tenure): New Car: Upto 7 years Used Car: Upto 5 years

Loan processing charges: New Car: Min Rs. 2,500 Max Rs. 5,000 Used Car: 2.00% Min Rs. 2,500 Max Rs. 6,000

Late Payment: -

Foreclosure Charges: Upto 5%

Partpayment Charges: N/A

Maximum Loan Amount: New Car: Upto 100% of ex-showroom price Used Car: Upto 80% of market value

ICICI Bank Profile

Sector : Finance

Industry : Regional Banks

ICICI Bank is one of the four largest banks in India. ICICI was established in 1955 as an initiative of the World Bank. The bank has a network of 5,275 branches and 15,589 ATMs across India.

Know more

You will go on the Official website.

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Loan Type

ICICI Bank ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 10.5% up to Rs 25 lakh 60 months Upto 2.25% of loan amount plus GST 24% per annum 5% on principal outstanding plus GST N/A
Home Loan 6.80% Upto 5 Crore 30 years Upto 1.00% - Not Allowed Not Allowed
Education Loan 10.50 % Up to Rs 40 lakh Up to 8/10 years -- -- -- --
Car Loan 7.90% New Car: Upto 100% of ex-showroom price Used Car: Upto 80% of market value New Car: Upto 7 years Used Car: Upto 5 years New Car: Min Rs. 2,500 Max Rs. 5,000 Used Car: 2.00% Min Rs. 2,500 Max Rs. 6,000 - Upto 5% N/A
Business Loan 16.49% 40 Lakh 36 months upto 2% (plus applicable taxes) Charged upto 4% Allowed after 6 EMI's, 5% Not Allowed
Gold Loan 10.50% p.a. onwards Up to Rs.1 crore 6 months to 12 months 1% of the loan amount sectioned+ GST -- -- N/A

Disclaimer* - All the information provided on this site regarding loans and other banking services is completely taken from different websites of respected banks and financiers. We do not provide any kind of loan or finance. We only help you out to find the right loan or banking service that would be best for you as per your requirements. We do not get user data for further processing. We do not take any kind of money from our users, or do we have a sales team to provide loan. All loans are at the discretion of the associated Banks.