ICICI Bank Car Loans are highly convenient, versatile and quick. Get a wide range of plans, flexible interest rates as well as fast approval of loan with minimum documentation with just a single click. Car Loan from HDFC Bank would help to meet the dream of owning a car whether it is used or new. The bank offers appealing EMI plans which can match almost anyone's budget. Nearly all bank provide car loans but Hdfc bank offers innovative offers such as 100% financing, adjustable tenures and easy EMIs. Loans can be taken by both salaried and non-salaried applicants.
|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|ICICI Bank Car Loan||8.65% - 18.00%, Fixed||3,500||up to 100% of show room price of the new car||7 Years|
For Salaried Employees
For Self Employed Professionals
For Self -employed Non Professionals
For Salaried Applicants
For Self Employed
Private / Public Ltd Co.
(For Salaried Applicants)
ICICI Car Loan includes a fixed rate of interest and is based on various conditions such as customer relationship, car segment and tenure of loan etc. Interest rate for used car loan is based on period and segment of car, tenure of loan and product variant like top-up, refinance etc. Below mentioned are the interest rates for different segments.
For New Car Loan
Minimum Interest Rate- 8.80%
Maximum Interest Rate- 15.00%
For Used Car Loan
Minimum Interest Rate- 10.90%
Maximum Interest Rate- 18.50%
Note: Mean rate = Sum of rate of interest of all loan accounts / Number of all loan accounts.
Q: What are the documents required to avail the car loan from ICICI bank?
A: ICICI bank offers car loans up to 100% of the on-road price with attractive interest rates and the required documents are listed below:
Q: What are the types of cars that ICICI Bank finance for customers?
A: ICICI Bank offering a car loan for all types of passenger cars along with pre-owned cars and used cars.
Q: Does ICICI Bank provide the joint application facility to car loan borrowers?
A: Yes, joint applications can be done for an ICICI Bank car loans by customers along with their spouses or any family member from the same residential address.
Q: What are the charges that customer has to pay to avail the car loan from the ICICI bank?
A: Customers have to pay stamp duty, documentation charges and application processing charges to avail a car loan from ICICI bank.
Q: Does ICICI Bank provide top-up loans for existing car loan customers?
A: Yes, ICICI Bank provides top-up loan facilities for existing car loan customers with quick processing and easy documentation.