ICICI Bank Car Loan offer

ICICI Car Loan offer | Get Instant Car Loan from ICICI

This Blog is based on the ICICI Bank New Car Loan offer.

About Car Loan Offer

As the year draws to a close, offers and discounts are being offered by banks and financial institutions on various loans. The best way to buy a car is with the help of bank car loans because this loan gives you complete cash at the time of buying. That’s why many banks offer car loans to their customers to fulfill their wishes and dreams.

ICICI Bank Car Loan offer

ICICI Bank Car Loan offer

ICICI Bank offers car loans to applicants which can go up to 100% of the ex-showroom price of the car.

  • The bank also provides loans for pre-owned vehicles.
  • You can repay the loan amount with an attractive interest rate of up to 7 years.
  • The amount of used car loans goes up to 80% of the valuation of the vehicle.
  • The interest rates offered for used car loans are attractive and the term of the loan can be up to 5 years.

It is very easy to fulfill your Dream Car at the Festival with the help of the ICICI Bank Car Loan offer.

Check more loan Scheme:  SBI bank  Offers Loans on Gold  

 

How to check pre-approved car loans in ICICI Bank?

ICICI Bank also offers preapproved car loans. With fast processing, ICICI Bank car makes it very convenient to own a wide range of pre-approved vehicles. You can go to the nearest Branch to check pre-approved car loans in ICICI Bank. And, on the other hand, you can visit the Pre-Owned (Used Car) Loan section on the ICICI Bank official website and click on EMI ELIGIBILITY CALCULATOR  or  APPLY NOW.

 

How to check ICICI Bank Car loan Eligibility?

Here is the basic Eligibility criteria of ICICI Bank Car Loan:

  1. The Age of the applicants(Salaried, Professional, and Businessman) must be between 21 years to years 65 old.
  2. If you are a salaried person, your Employments must be minimum of 2 years from your organization.
  3. The minimum net salary required for applying for a car loan depends on the bank policy.
  4. If you are a self-employed person or businessman, you must have a minimum of 2 years of work in the same domain.
  5. The loan amount is 100% of the car value provided the customer has the capacity to repay up to 7 years tenure.

In addition, you can also check the eligibility on the ICICI Bank Official website via their Car Loan Eligibility Calculator.

Check more loan Scheme:  HDFC bank  Offers Loans on Gold  

How to apply new car loan with ICICI Bank?

There are 2 ways you can apply for New car loan in ICICI Bank:

  1. Online Mode: Visit ICICI Bank’s official website and then go to the Car Loan Section and click on Apply Now Or Apply Online Button. Then Loan Executive will call you back for further process
  2. Offline Mode: Go to the nearest Branch and discuss the loan with the Bank Manager or Loan Department Employee. They will assist you with this Car Loan.

My Recommendation is Offline Mode.

 

What is the Interest Rate on Car Loan in ICICI bank?

The Interest rate of ICICI Bank Car Loan is Starting from 8% per annum.

 

What are the documents required for ICICI Bank Car Loan?

Here is the following Document to be required for ICICI Bank Car Loan.

 

Salaried Individuals:

  • Identity Proof (Aadhar Card/Passport/ Voter Card/PAN Card/ Driving License )
  • Address proof (Aadhar Card/Driving License /Passport /Voter Card/Electricity Bill)
  • Latest salary slip or Form 16 as income proof
  • Employment Stability Proof
  • Bank statement of the previous 6 months

 

Businessman/Businesswomen/Self Employed Professional Individuals:

  1. Identity Proof (Aadhar Card/Passport/ Voter Card/PAN Card/ Driving License )
  2. Address proof (Aadhar Card/Driving License /Passport /Voter Card/Electricity Bill)
  3. Bank statement of the previous 6 months
  4. Last 2 Financial Years Income Tax Returns file
  5. Business Stability proof or Ownership proof
  6. Partnership signed letter by all partners  

 

ICICI Bank car loan features 

New Car Loan Features:

  • The loan amount for up to 100% of the on-road price
  • Low processing fee
  • Minimal documentation
  • Longer loan tenure up to 7 years

Pre-Owned Car Loan Features:

  • Instant Car Loan applicants can get car loans up to 80% of the offer amount
  • Loan tenure up to 5 years with an attractive interest rate
  • Easy documentation

New loan offers:  Get Instant Loan personal loan online

 Content Source:  Offical Website of ICICI  Auto or Car 

Leave a Reply

Your email address will not be published.

error: Content is protected !!