The extensive range of car loans available in the market has made it possible for everyone to own a car. Even people with modest income are now buying their dream cars with the help of these car loans. Among the top financial service providers who offer car loans, ICICI offers a car loan product with attractive features. ICICI’s car loan is available for both ICICI account holders as well as non account holders. However, people with an ICICI Bank account can get access to various additional features offered by the bank.
ICICI aims to provide hassle-free service for its customers when they apply for a loan in the company website. For people who are not Internet savvy, there is always an option of visiting the nearest ICICI branch to apply for a car loan. However, the online application process for ICICI car loan is pretty simple and straightforward. Customers can find any kind of information from the company website and get a clear understanding before they apply for a loan. Once they have applied, it may take a while before the car loan gets processed by the bank. During this period, customers can track the status of their loan in multiple ways.
ICICI Car Loan
ICICI car loan is available for both new cars as well as pre-owned vehicles. Customers can avail this car loan in flexible terms offered by the company. Loans are available for up to 100% of a vehicle’s ex-showroom price. The term for repayment ranges from 1 year to 7 years depending upon the specific requirement of the customer. When choosing the loan term, it is advisable to consider one’s affordability and budget. Loan amount is offered from Rs.1 lakh to Rs.50 lakh under this car loan product. Interest rate for ICICI car loan varies based on the repayment term chosen by the customer. The interest rate for new cars is 12.75% for a period up to 23 months. For 36 months to 84 months, the interest rate for new cars is 10.75%. Used car loans are available at a flat interest rate of 15.5% irrespective of the repayment term.
ICICI car loan can be availed by both salaried and self-employed professionals. The documentation process might differ based on the nature of employment of these professionals. For instance, self-employed professionals may have to provide income tax reports of two previous financial years. Certain documents like identity proof, address proof, age proof, address proof, signature verification, etc. are common for both salaried and self-employed professionals. Individuals who fit the eligibility criteria set forth by the company can apply for a car loan from ICICI Bank with the help of the documents listed above.
In order to apply for a car loan from ICICI, you can visit the company’s website directly and fill in the required details. The website also provides various information about the types of loan you can avail, interest rates, EMI, etc. You can check the expected EMI of your loan with the help of ICICI car loan EMI calculator. Existing customers of ICICI can get access to the pre-qualified loan offered by the bank. Moreover, existing customers can also get special interest rates from the bank along with minimal documentation for the entire application process. The car loan application with ICICI may take a while to process. However, users can check the status of their loan during this period with the help of the following methods.
Check ICICI Car Loan Status Online
It is possible to check the status of your ICICI car loan simply by visiting the company website. Online users of ICICI Bank can access the company’s loan tracker tool in multiple ways and get a clear picture of their loan status. By knowing the status of their loans, users can plan ahead and make arrangements on their vehicle purchase. An application number will be provided to the user at the time of loan application. This number is useful when it comes to tracking the status of your car loan online.
How to Check ICICI Car Loan Application Status?
ICICI Bank offers many simple and effective ways to check the status of your car loan application. If you have access to the Internet, you can check the status of your car loan directly by visiting the company website. The company also has a separate portal for managing all loan products. In addition to applying for car loans, users can also check the status of their loans through this portal. You can also check the status of your loan application by contacting the company’s customer service. Your loan application number can be helpful when tracking the status of your car loan. However, you can also use other ways to check the status even if you lose your application number. The detailed process involved in tracking the status of your loan application can be given as follows.
Track ICICI Car Loan Status by Loan Application Number
The loan application number will be generated as soon as the application is made. Online users can generate the loan application number instantly. Even when applying offline, a reference number or application number will be provided to the customer. This number is crucial if you want to track the application status easily through the company website. Here is the step-by-step method for tracking a car loan status with the help of the loan application number.
Step 1: Visit the bank’s official website at https://www.icicibank.com.
Step 2: Under the ‘personal banking’ tab click on loans and then ‘car loan’. This will take you to the main page of car loans.
Step 3: In the car loan page, expand the tab that says ‘more’ and click on ‘check loan application status’.
Step 4: In the loan application status tool, fill in your car loan reference number or form number and click on ‘submit’.
Step 5: The resulting page will display the status of your car loan.
Note: If you have forgot the reference number, you can also check the status of your loan by providing other details like name, date of birth, loan type, loan amount requested, and PAN number. Enter the details provided here and click on ‘submit’. You can check the status of your car loan application in the resulting page.
Disclaimer: You can avoid the steps given here and directly access the status check tool from the Internet. Once you have reached the page, you can provide the required details and get the status.
Track ICICI Car Loan Status through Portal
ICICI offers a separate portal for managing all loan products offered by the company. This portal is common for all loan products, and you can choose your product by clicking on the appropriate page. This portal can also be used to track the status of a loan application. The step-by-step process for tracking a car loan application status can be given as follows.
Step 1: Visit the website https://loan.icicibank.com.
Step 2: Click on ‘track my application’ in the top right corner of the page.
Step 3: Fill in the mobile number, application, number, and date of birth.
Step 4: Fill in the mobile number, date of birth, and request for a one-time password. Enter the password in the appropriate tab.
Step 5: Click on ‘continue’.
Step 6: The resulting page will display the status of your loan.
Note: You can check the status of any loan product (personal loan, home loan, etc.) with this method. Even if you lose your application number, this link will help you find the status of your car loan with your mobile number. You can also visit this website directly by doing a simple internet search.
Know ICICI Car Loan Status through Customer Care Numbers
ICICI Bank operates a customer care that offers friendly solutions for all types of queries. The company’s customer service department can be accessed by calling the number provided for this service. While contacting the customer care, it is necessary to have the loan application number handy. You can also ask the customer care executive to check the status with the help of your mobile number if you have misplaced the application number.
- You can reach the customer service department by dialing 1800 200 3344 from anywhere in India between 9 A.M. and 6 P.M. on weekdays (Monday to Friday).
- If you visit the ‘Contact Us’ section of ICICI website, you can get access to a list of numbers for all major cities in the country. You can choose the number for your city or state and call the ICICI customer care department.
It is best to call the customer service number on a working day in order to get a prompt reply. When you contact the customer service, make sure that you provide all the required details clearly.
The methods listed here are some of the best ways in which you can access the status of your car loan application. ICICI Bank ensures that customers have the information they require when opting for any product from the bank. With the information available to them, customers can keep track of their loan status and make their purchase decisions accordingly.