The No. 1 Financier for Car Loans in India
New Car
Turn your dream into reality. Own that new car you have always desired, with a little help from us. We offer loans up to 100% of ‘on-road’ cost on select models, and up to 95% of the ex-showroom price on others. Our interest rates would pleasantly surprise you. What’s more, you can take up to 7 years to repay the loan.
Worried about paperwork? Relax. The process for getting a loan involves only a few simple steps and we will tailor-make the loan to suit your needs.
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| 1. | Loan on Phone for Customers: Are you an ICICI Bank customer? Go for a pre-approved car loan. Call our Customer Care numbers or by send an sms “carloan ” to 5676766. (e.g., If you are in Mumbai, “carloan mumbai”). | |
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| 2. | Loan on the Strength of Your Income: Submit income proofs as required and avail of finance up to 100% of the ‘on-road’ cost of the car!* | |
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| 3. | Contribute 20%. No Need for Income Proof: Can you contribute 20% or more of the ex-showroom price of the car? No need for any income proof then! Walk away with the car keys. | |
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| 4. | Instant Funding for Credit Card Holders: Do you hold a credit card for more than a year with a good repayment record? Get a loan up to 90% of the ex-showroom price of the car. No need for any income documents! And no field investigation too. | |
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| 5. | 100% Loan for Fixed Deposit Holders: If you have a fixed deposit with ICICI Bank, you can get a loan up to 100% of the ex-showroom price of the car. No need for income proofs. | |
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| We also have several other car loan options based on your life insurance premium receipts, bank statements, RC Book, etc. |
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| Used Cars |
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Would you prefer to go for a used car? We are here to help you with ‘ICICI Bank Used Car Loans’. We offer up to 90% of the car value, and up to a 7-year repayment duration. We finance cars which are up to 10 years old at the end of the loan tenure. You can also take a loan on a car you already bought or transfer your loan to ICICI Bank from another financier. |
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| Car Overdraft |
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A current account on wheels! Convert your car into cash by taking an overdraft up to 90% of the assessed value of the car. |
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 | Pay interest only on the funds you withdraw. |
 | Pay only a minimum of 5 % of the utilised amount. No fixed EMIs. |
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| Arm yourself with these tools: |
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 | A Roaming Current account |
 | Multicity Cheque Book |
 | Internet Banking Access |
 | Access to 24-hour Customer Care |
Want us to contact you or want to know more? Just fill up your contact details in the form to the side . We will send a representative to meet you at your convenience.
Important: All loans are at the sole discretion of ICICI Bank. Car loan offerings mentioned in these pages are subject to change without prior notice.
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