I have taken loan for buying my personal car from ICICI bank. The service is very good. Not just the employees are very polite but also my loan was sanctioned within 2 days. There was no hassle and everything went smooth. The Branch Manager was also very helpful. Usually bank workers don't have time to talk as the burden of work is very high but in ICICI bank, the Branch Manager was very patient and answered all my questions and cleared all my doubts. Earlier my opinion about bank loans was - full of tensions and lots of processing. But ICICI bank helped me change my thoughts and i could easily get my car on very easy installments. If you are actually looking for no problems and easy and quick loan, i will suggest ICICI bank is the place to reach out to. The interest rate is very nominal & the processing & documentation fee is also low. Documentation is high but it was not a pain in the neck. It's customer service is very good. Go for it and fulfil ur dreams :)
06:58 PM - Sep 02, 2014
My experience of applying for a personal loan with ICICI bank was good. The person whom I spoke with was very good and she explained me everything in detail however I couldn't make it because of too many documents requested from me. Otherwise the service and the response was quite good.
12:24 PM - Sep 02, 2014
I have applied through on line for a ICICI Bank car loan, unfortunately I did not receive any calls till date and I have no way of knowing what has happened to that application . Mean while, I got a better offer else where I switched over. Finally, when everything was over I got a call from ICICI, by that time everything was completed it could have been better if they have provided me proper response on time.
06:53 PM - Aug 30, 2014
I was recently planning to buy a new car and I had applied for a car loan with ICICI bank. Due to some tough financial situation I couldn't buy the car at this time and I let my application close with ICICI bank. May be I would go for the loan in the month of Oct'2014. I think ICICI bank did not have an attractive offer for me and the rate of interest is quite high.
06:19 PM - Sep 02, 2014
It was through the car dealer I have availed the car loan from State bank of Mysore. Everything went smooth and my loan was disbursed within 3 days of time once the documentation process complete. They offered me a good rate of interest around 10.5%.
04:16 PM - Sep 01, 2014
I Availed Car Loan from HDFC the disadvantage is they charge for pre payment, interest rate when compare to other banks was bit high, ECS option and reminder message is very helpful, loan approval process was done in 4 to 5 days. Overall the service was quick.
01:19 PM - Aug 30, 2014
Axis bank car loan: The customer service executive are very quick in responding to my queries. The whole process was completed with in two days. The customer service executive Mr Vijay who took the initiative in updating me on the status of the loan, collecting the documents and getting the agreement signed.
03:54 PM - Sep 02, 2014
My recent experience of applying for a car loan with ICICI bank was pretty good. Everything was alright with ICICI bank however it is me who cancelled the application and post ponded my plan for the next 3 months. ICICI bank was overall very good and I have no problem. I think the rate of interest was also somehow OK.
11:58 AM - Sep 01, 2014
At present I dont have any plans to purchase a new car, probably after 6 months I might purchase a new car. I am happy with the rate of interest what ICICI has offered me for the car loan and its much better when compared with other Banks. The reason why, I prefer ICICI is because I hold an account with them and I like their services.
11:51 AM - Aug 30, 2014
I had recently applied for a car loan with ICICI bank. Unfortunately I did not avail the loan because I have post ponded my plan for sometimes. Everything was excellent with ICICI bank and I don't have any complaint or difficulty with them. I am overall satisfied with all the services of ICICI bank and the response was prompt.
01:26 PM - Sep 02, 2014
It was a nice experience of availing a car loan from SBI. I have an account with SBI therefore I had visited the branch for availing a car loan. After I submitted all the required documents to the branch people they ensured my loan disbursement within 2 to 3 days. I was really happy with the rate of interest of 10.5%.
10:40 AM - Sep 01, 2014
I have approached ICICI for a car loan, unfortunately I have changed my plan. I have decided to purchase a used car, instead of new car . I am unable to comment more about ICICI, from my perspective they are very quick in response, as I got a call from them immediately with in an hourâ??s time. The rate of interest is 16% which is much higher, when compared with other Banks as other Banks are offering me at 13 to 15% interest.
10:35 AM - Aug 30, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Minimum income required
Rs.2,40,000 per annum
Loan capped @
85% Ex-Showroom price
EMIs of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 5 Yr years
|Interest Rate (Monthly reducing balance)||10.5% - 12.75%|
|Processing Fees||Rs. 500 to Rs 5,000|
|Loan Tenure||1 year to 5 years|
|Pre-closure Charges||2% to 4% on outstanding loan amount|
|Guarantor Requirement||No guarantor required|