If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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ICICI Bank Car Loan

ICICI Bank is one of the biggest and most preferred banks in the country thanks to its provision of quality financial products and services. Car loans from ICICI Bank come with flexible tenures and competitive interest rates.

We found 1 ICICI Bank Car Loan
Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
8.95% - 13.40% Fixed
Up to ₹ 5,000 One time fee
1L Min
1-7 Years
Response Time : Within 30 minutes
Rs.2,500 Amazon Voucher
What you'll love
Documents
Perks
Fees & Charges
Good to Know
Eligibility Criteria
ICICI Bank Car Loan is Rated as "Great!" by 2456 Users

Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Car Loan BYTES FROM OUR KITCHEN

ICICI Bank offers low-interest rate new car loan, used car loan, and loan against car for the purchase new/used cars of most makes and models available in the Indian market. Existing ICICI Bank customers can get pre-qualified car loans. Select few from the existing customer list can benefit from special car loan offers at ICICI Bank. You can own your dream car by availing up to 100% ex-showroom price of the car for a maximum loan tenure of 7 years. Apply for a car loan online in order to get instant approval and speedy processing of the loan amount.


You’re probably eligible for an ICICI Bank Car Loan if you are

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02
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ICICI Bank Car Loan Minimum Age

At least 23 years old

ICICI Bank Car Loan Maximum Age

Less than 70 years old

ICICI Bank Car Loan Eligible Employment Type

Salaried or self-employed
with regular income

ICICI Bank Car Loan Minimum Income

Earn more than the minimum
income required


Your ICICI Bank Car Loan amount eligibility is based on these factors

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02
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ICICI Bank Car Loan Minimum Salary

Minimum income required
Rs.16,700 per month

ICICI Bank Car Loan Maximum Loan to Value

Loan capped @
80% of the Ex-Showroom price of Car value

ICICI Bank Car Loan EMI

EMIs of other loans lower
your eligibility


Increase your eligible ICICI Bank Car Loan amount by these steps

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ICICI Bank Car Loan Payoff Outstanding Credit Card Bills

Pay off your credit card bills

ICICI Bank Car Loan Maximum Tenure

Choose longer tenure loan up to 7 years


Documentation needed to apply for an ICICI Bank Car Loan

  • 1. Residence proof
  • 2. Photo ID and age proof
  • 3. Signed application form with photograph
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary – slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:
    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

ICICI Bank Car Loan Interest RatesUpdated on 16 Dec 2018

ICICI Bank Car Loan Details
Interest Rate (Monthly reducing balance) 8.95% to 13.40%
Processing Fees Upto Rs.5000
Loan Tenure 1 year to 7 years
Pre-closure Charges Nil Preclosure charges applicable after 18 months
Guarantor Requirement No guarantor required

Overview About ICICI Car Loan

As India’s largest private sector bank, ICICI has a widespread clientele comprising of retail and corporate customers. Formed in 1994, ICICI bank was originally promoted by ICICI Limited and was the first financial institution from India to be listed in the New York Stock Exchange. In a bid to effectively manage costs, ICICI has been encouraging customers to use internet and mobile modes of banking for managing their accounts and for transferring funds.

ICICI is a pioneer in promoting banking via social media with its latest innovation ‘icicibankpay’ , a funds transfer platform using the social networking site, Twitter. ICICI has also launched a new digital wallet application, Pockets, which can be downloaded onto an Android phone and funds can be transferred to any contact listed on a customer’s smartphone. ICICI and its group companies provide a wide range of products and services consolidated through various delivery channels. As a key part of its product listing, ICICI car loans are offered with attractive interest rates and easy approvals.

ICICI Bank is an Indian multinational banking and financial services company head quartered in Mumbai. It is the second largest bank in India by assets and by market capitalization. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels. Car Loans from ICICI Bank are extremely convenient, flexible and quick. They offer flexible schemes, attractive interest rates, and quick & hassle-free application. Read on to get details on Interest Rates, EMI, Documents and Eligibility for ICICI Car loan.

Why choose an ICICI Bank Car Loan?

ICICI Bank car loans are sanctioned quickly with instant approvals and are available with a lot of benefits. ICICI car loans can be easily applied on the ICICI bank website or on BankBazaar.com and an instant e-approval can be obtained. Existing ICICI bank customers can procure pre-approved car loans with the benefit of minimum documentation.

ICICI Bank Car Loan Interest Rates

ICICI Bank offers car loans at fixed interest rates wherein the interest rate remains the same throughout the loan tenure. The interest rate of a new car loan depends on customer relationship, loan tenure, and model of car. The interest rate of a used car loan depends on the age and model of the car, loan tenure, and refinancing details (if any).

Type of car loan Up to 23 months24-35 months36-84 months
Type of car loan Up to 23 months 24-35 months 36-84 months
New car loan 12.75% 12% 10%
Used car loan 15% 15% 15%

ICICI Bank New Car Loan

From passenger vehicles to commercial vehicles, ICICI Bank offers new car loans for the purchase of most makes and models of cars in the market. You can take home your dream car with a low-interest rate new car loan from ICICI Bank. Here are some important features of ICICI Bank New Car Loan:

Services charges levied on ICICI Bank car loans

Charges New Car LoanUsed Car Loan
Processing fee
  • Rs.2,500 for car loans less than Rs.2.5 lakh
  • Rs.3,500 for car loans of Rs.2.5-3.9 lakh
  • Rs.4,000 for car loans of Rs.4-4.9 lakh
  • Rs.4,200 for car loans of Rs.5-9.9 lakh
  • Rs.5,000 for car loans above Rs.10 lakh
Rs.6,000 or 2% of the loan amount, whichever is lower
Part prepayment charges
  • 6% of the loan amount for part prepayment between 7 and 12 months
  • 5% of the loan amount for part prepayment between 13 and 24 months
  • 3% of the loan amount for part prepayment above 24 months
  • 6% of the loan amount for part prepayment between 7 and 12 months
  • 5% of the loan amount for part prepayment between 13 and 24 months
  • 3% of the loan amount for part prepayment above 24 months
Loan cancellation charges Rs.3,000 per loan Rs.3,000 per loan
Revalidation of NOC charges Rs.500 per NOC Rs.500 per NOC
No Objection Certificate (NOC) or No Due Certificate (NDC) charges Rs.500 per duplicate certificate Rs.500 per duplicate certificate
Prepayment statement charges Rs.200 per statement Rs.200 per statement
Statement of account charges Rs.200 per statement Rs.200 per statement
CIBIL report charges Rs.50 Rs.50
Late payment charges 2% per month on the outstanding installment 2% per month on the outstanding installment
Amortisation schedule charges Rs.500 per schedule Rs.500 per schedule
Bounce charges Rs.500 per transaction Rs.500 per transaction
Swap charges Rs.500 per transaction Rs.500 per transaction
Full prepayment charges 5% on principal/interest outstanding for the remaining loan tenure, whichever is lower 5% on principal/interest outstanding for the remaining loan tenure, whichever is lower
Documentation charges Rs.250 Rs.250
Stamp Duty Actuals Actuals
Registration Certificate collection charges Rs.200 Rs.200
  • You can avail a new car loan up to 100% of ex-showroom price of the car.
  • A new car loan is available for a loan tenure of up to 7 years.
  • ICICI Bank offers new cars loans at attractive rate of interests depending on the loan tenure, existing customer relationship and the model of car.
  • Keeping the customer's convenience in mind, the bank offers easy documentation for the application of new car loans.
  • The bank also offers insurance cover for loan liability which is repayable along with the car loan EMI.

Check ICICI Bank Car Loan Application Status

You can check your ICICI bank car loan application status on the bank website by entering the reference number or form number and clicking on the 'Submit' button. If you have forgotten the reference number, then you can submit an online form with details such as your name, date of birth, loan amount, and PAN number to get the reference number.

ICICI Bank Car Loan For Existing Customers

Existing customers of ICICI Bank can avail car loans to purchase their dream car. In addition, they can enjoy minimal documentation and faster processing of car loan application. ICICI Bank also extends top-up loan on existing car loan to help the existing customers fulfill their financial needs such as home renovation, child education, family vacation, business development, etc.

ICICI Bank Car Loan Prepayment

Part prepayment of car loan is allowed only after 6 successful EMIs. The minimum amount that the borrower can prepay must be equivalent to 1 EMI. The maximum amount that can be prepaid is 25% of the principal outstanding due. Part prepayment of car loan is allowed only 2 times over the loan tenure and 1 time during a year

Features of an ICICI Car Loan

ICICI makes owning a car very easy for individuals by offering attractive car loan schemes that can be procured with fast documentation procedures and instant e-approvals.

  • ICICI Bank finances up to 100% of the ex-showroom price of the new vehicle making it very convenient for a customer to manage his finances.
  • ICICI car loan tenures can be generally extended up to 7 years for new cars.
  • ICICI car loans are non-refundable loans and the bank charges the following processing fees based on the loan amount taken. The documentation charges remain the same at Rs 350/- for any quantum of loan.
    Loan Amount Availed Processing Charges
    Less than 2.5 lakhs Rs.2500/-
    2.5 Lakhs to 3.9 Lakhs Rs.3500/-
    4 Lakhs to 4.9 Lakhs Rs.4000/-
    5 Lakhs to 9.9 Lakhs Rs.4200/-
    Greater than 10 Lakhs Rs.5000/-
  • Part repayment of an ICICI car loan is not allowed by the bank, but customers can repay the loan in full with certain charges levied. ICICI charges 5% of the outstanding principal amount from the car loan or the outstanding interest for the remaining period of the loan, whichever is lower.
  • ICICI bank also levies charges for late payment of monthly installments and customers are charged 2% of the outstanding loan balance.
  • ICICI offers an additional insurance coverage for loan liability which can be repaid along with the monthly installments.
  • The bank has separate charges for getting loan and prepayment account statements, duplicate NOCs, Amortization Schedule, revalidation of NOC and also for getting NOC documents.
  • ICICI bank customers can also take top-up loans on their existing car loans with easy processing of loan applications
ICICI Bank Car Loan

How to apply for ICICI Bank Car Loan?

At ICICI Bank, you can apply for a car loan through 4 methods:

  • Online method: Visit the bank website to download the application form. Submit the duly-filled and signed application form along with the above-mentioned necessary document proofs to the bank. By applying online for ICICI Bank car loan, you can get instant loan approval and enjoy speedy processing of your loan amount.
  • Offline method: You can also visit the nearest ICICI Bank branch to submit your car loan application and document proofs. A bank executive will help you with the car loan application process. Upon approval, the loan amount will be disbursed to your bank account within a matter of a few hours. The list of bank branches that can process your car loan application is listed on the bank webpage through the bank branch locator facility or tool.
  • Call back facility: You can also request a call back from the bank by submitting an online form with details such as name, contact number, city/state, convenient date and time to call, etc. This call back facility is only for product inquiries.
  • SMS: You can apply for an ICICI Bank car loan through SMS CAR to 5676766.

Any individual aged between 21 and 65 years with a good credit score, a steady income, and a stable occupation can apply for a car loan. 750 and above are considered to be good credit scores. Car loan eligibility criteria varies from lender to lender. Visit the ICICI Bank’ website to check your car loan eligibility. It is important to check your eligibility before applying for a car loan so as to avoid rejection. Multiple loan rejections can have a negative impact on your credit score.

Car loans are repaid through Equated Monthly Installments (EMIs) over a specified loan tenure. EMI consists of interest and principal amount. Using the ICICI Bank Car Loan EMI Calculator available on the bank website, you can find out how much your car loan will cost you on a monthly basis. It is simple and easy to use. All you have to do is enter the chosen loan amount, loan tenure, interest rate, and processing fee into the tool. Then, click on the ‘Calculate’ button. You will get instant and accurate EMI results consisting of details such as the principal loan amount, interest payments, EMIs, and the outstanding due after each EMI payment

Customers who wish to avail a car loan from HDFC Bank can check their eligibility on the company’s website and make a loan application online within a minute. Once the documents have been submitted, the loan application process can be completed within a few minutes. The EMI towards the car loan can also be calculated on the bank’s website. Moreover, customers can also make the most of special discounts on the processing fee by applying for the loan online.

The processing fee for the loan will be non-refundable. For amounts under Rs.2.5 lakhs, the processing fee will be Rs.2,500. For amounts between Rs.2.5 lakhs and Rs.3.9 lakhs, the processing fee will be Rs.3,500. For amounts ranging from Rs.4 lakhs to Rs.4.9 lakhs, the processing fee will be Rs.4,000. For amounts between Rs.5 lakhs and Rs.9.9 lakhs, the processing fee will be Rs.4,200. And for amounts in excess of Rs.10 lakhs, the processing fee will be Rs.5,000. The processing fee for second hand cars will be 2% of the loan amount or Rs.6,000, whichever is lesser

Customers who wish to prepay their car loans from ICICI Bank partly will have to pay a fee for the same. Part prepayment will not be allowed for loans with tenures up to six months, but part prepayments thereafter will cost you a small fee. In case the loan is paid between seven months and 12 months after it was availed, the prepayment fee will be 6% of the loan amount. In case the loan is paid between 13 and 24 months after it was sanctioned, the fee will be 5% of the loan amount. For prepayments made after 24 months of availing the loan, the fee will be 3% of the loan amount. The maximum amount that the bank allows customers to prepay is 25% of principal outstanding, and you will only be allowed to make part prepayments twice during the loan tenure, subject to a maximum of once per year.

In case of full prepayment, the charge applicable will be 5% on principal outstanding or interest outstanding for unexpired period of loan, whichever is lesser.

The verification process for a car loan from ICICI Bank can be completed in within a few minutes. To get the process started, customers will have to furnish a few documents as follow:

  • For Salaried Applicants: The documents required for salaried applicants who wish to avail a car loan from ICICI Bank include the application form, KYC documents such as photographs, identity proof, age proof, and address proof, bank statements for signature verification, income proof in the form of Form 16 or latest salary slip, and employment stability proof.
  • For Self-Employed Professionals: The documents required for self-employed professionals who wish to avail a car loan from ICICI Bank include the application form, KYC documents such as photographs, identity proof, age proof, and address proof, bank statements for signature verification, income proof in the form of income tax returns of the two previous fiscal years, and business stability proof / ownership proof.
  • For Self-Employed Non Professionals: The documents required for self-employed non-professionals who wish to avail a car loan from ICICI Bank include the application form, KYC documents such as identity proof, age proof, and address proof, bank statements for signature verification, income proof in the form of income tax returns of the previous two fiscal years along with complete audit / financial report, partnership deed along with a letter signed by all partners authorising one partner, ownership proof / business stability proof, and resolution by board of directors or a relevant managing body along with Articles and Memorandum of Association in case of societies and companies.

Following are some of the tips that can be used to effectively manage your car loan:

  • Try to make a big down payment as doing so can help in reducing the EMIs applicable to your loan.
  • Be wise when selecting a car as the interest rates vary from car to car. Purchasing a cheap car for the moment will ensure that you pay lower interest as opposed to the massive rates applicable to luxury cars.
  • Choose a shorter tenure as doing so will mean that you pay lesser interest. Although you will be paying more every month, the overall cost of the loan will be lower as you will be making interest payments for a short while.
  • Make EMI payments on time as failure to do so can result in complications and can even see the bank cease your vehicle due to defaulting on payments.
  • Communicate with the bank in case you are unable to make an EMI payment on time as banks will be more understanding instead of declaring you as a defaulter.
  1. Can a customer complete his ICICI car loan application online?

    ICICI bank offers a customer the comfortable option of completing the entire process of availing a car loan from application to getting the loan approved in just a few clicks. The ICICI car loan application form is available on the ICICI bank portal and car loan applications can also be made using BankBazaar.com. Any customer applying via either of the two channels will get an instant e-approval for his loan application.

  2. What is the lending rate for ICICI Bank car loan?

    The lending rate varies depending on the model of the car and the chosen loan tenure. ICICI Bank offers car loans at fixed interest rates. The interest rate remains the same throughout the loan tenure.

  3. Can I use my existing car as collateral to secure a loan?

    Yes, ICICI Bank offers Loan against Car. You can avail a loan on your old car for the purpose of fulfilling any financial need such as wedding expense, education fees, home renovation expense, and vacation expense.

  4. What is monthly reducing balance in car loan?

    Car loans are repaid through EMIs over a specified loan tenure. EMI consists of principal and interest amount. A monthly reducing balance in car loan is when the principal loan amount decreases at every month end and the interest is calculated on the outstanding principal.

  5. Does an applicant have the option of checking his ICICI car loan status online?

    Customers can easily track and check their ICICI car loan application status using the ICICI bank portal or via SMS and email alerts if they have applied through BankBazaar.

  6. Are ICICI car loan statements accessible online?

    Yes, ICICI also provides the convenient option of viewing and downloading ICICI car loan statements online from the ICICI web portal. Customers need to create a login to access their accounts containing their loan statements.

  7. What are the ICICI car loan prepayment charges levied on customers?

    ICICI levies a charge of 5% of the outstanding principal amount from the car loan or the outstanding interest for the remaining period of the loan, whichever is lower. Part prepayment of ICICI car loans are not permitted by the bank.

  8. What benefits does an existing ICICI bank customer get while availing an ICICI car loan?

    Pre-approved ICICI car loans are available for select ICICI bank customers with the additional benefit of processing the car loan with minimum documentation.

  9. How does an applicant contact the customer care for queries on ICICI car loans?

    Individuals facing any challenges or having queries with respect to ICICI car loans can easily contact our friendly customer care help desk at xxxxxxxxxx.

  10. Can customers check the status of their ICICI Bank car loan application online?

    Yes, ICICI Bank does provide the option of checking the status of their car loan application status on the bank’s website using NetBanking. The details that have to be entered are the reference number and the form number.

  11. Where can customers get the ICICI Bank car loan application form?

    The ICICI Bank car loan application can be procured from ICICI branches and is also available on the bank’s website.

  12. Does ICICI Bank provide the joint application facility to car loan applicants?

    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.

  13. What are the processing fees charged by ICICI Bank for new car loans?

    The processing fees charged by ICICI Bank changes depending on the loan amount and is as follows -

    Loan Amount Processing Fees
    Below Rs. 2.5 Lakhs Rs.2500
    Rs. 2.5 Lakhs - Rs. 3.9 Lakhs Rs.3500
    Rs. 4 Lakhs - Rs. 4.9 Lakhs Rs.4000
    Rs. 5 Lakhs to Rs. 9.9 Lakhs Rs.4200
    Greater than Rs. 10 Lakhs Rs.5000
  14. Does the applicant’s CIBIL score play a role in determining the eligibility criteria for ICICI Bank car loans?

    Yes, ICICI Bank does consider the CIBIL score while sanctioning car loans for customers.

  15. What are the income documents that have to be furnished while applying for an ICICI Bank car loan?

    As per the category of the car loan applicant the following income documents have to be submitted -

    • Salaried Individuals - Form 16/ Recent Pay Slip
    • Self Employed Professionals - IT Returns Statements for the past two years / Audit Reports
    • Self Employed Non-Professionals - IT Returns Statements for the past two years
  16. Does ICICI Bank offer pre-approved car loans for existing customers?

    Yes, ICICI Bank does offer pre-approved car loans for existing customers with minimal documentation.

  17. What is the maximum car loan amount that will be approved by ICICI Bank?

    The maximum car loan amount that will be approved by ICICI Bank is 100% of the vehicle value.

  18. What is the minimum tenure that can be chosen by an ICICI Bank car loan borrower?

    The minimum tenure that can be chosen by borrowers for an ICICI Bank car loan is one year.

  19. What is the maximum tenure that can be chosen by an ICICI Bank car loan borrower?

    The maximum tenure that can be chosen by borrowers for an ICICI Bank car loan is up to seven years.

  20. Does ICICI Bank charge any foreclosure penalty for borrowers pre-closing their car loans before the completion of the tenure?

    Yes, ICICI Bank charges a penalty of 5% of the outstanding principal amount or the interest amount for the remaining period of the car loan, whichever is lower when a foreclosure is done. Part-prepayment of the car loan is not allowed by ICICI Bank.

  21. Can customers transfer the balance from an existing car loan to a new ICICI Bank car loan account?

    Yes, other bank customers can make balance transfers to a new ICICI Bank car loan account.

  22. Does ICICI Bank provide top-up loans for existing car loan borrowers?

    Yes, ICICI Bank provides top-up loans for existing car loan borrowers with quick processing and easy documentation.

  23. What is the verification process done by ICICI Bank when a car loan application is made?

    ICICI Bank customers can make instant online applications, upload documents and ICICI Bank will e-approve the customer’s application with immediate verification.

  24. How long does it take for ICICI Bank to process a car loan application?

    ICICI Bank generally approves car loans within 24 hours, after the required documentation has been submitted by the applicant.

  25. How is the interest rate determined for car loan refinance?

    Depending on the type of refinance availed by the customer, the interest rate is determined for car loans.

  26. Can ICICI Bank car loan customers contact the customer care helpdesk for any queries and concerns?

    Yes, ICICI Bank car loan customers can contact the toll-free customer care helpdesk number - 1800 102 4242 or the state-wise numbers for addressing any queries.

  27. How are the lending rates decided by ICICI Bank for car loan borrowers?

    The lending rates for ICICI Bank car loans are decided based on the car model chosen and the loan tenure opted by borrowers.

  28. How is the interest rate calculated for an ICICI Bank car loan?

    The interest rate is calculated on a monthly reducing basis, where the principal reduces every month and the interest is then levied on the outstanding principal amount at the month end.

  29. What are the various charges that ICICI Bank car loan customers have to pay when an application is made?

    The other types of charges that have to be paid by car loans borrowers are - Stamp duty, documentation charges and processing charges.

  30. How can customers apply for an ICICI Bank car loan?

    Customers can apply online, contact the bank via email, call the 24/7 customer care centre, visit an ICICI branch or contact a direct sales agent to apply for an ICICI Bank car loan.

  31. Does ICICI Bank require a guarantor for new car loans?

    No, a guarantor is not required while applying for ICICI Bank car loans.

  32. Do customers have to provide any security or collateral while applying for new car loans with ICICI Bank?

    No, customers do not have to provide any security and collateral for ICICI Bank car loans, except the car which is hypothecated to the bank.

  33. What are the methods that can be used by customers to repay ICICI Bank car loans?

    An ICICI Bank car loan can be repaid using post-dated cheques, through ICICI Bank accounts, direct debits from ICICI bank accounts or through ECS.

  34. Do new car loan borrowers have to open a bank account with ICICI Bank while applying?

    No, it is not mandatory for new car loan borrowers to open a bank account with ICICI Bank, when they avail a car loan.

  35. What are the steps involved in processing an ICICI Bank car loan?

    An ICICI Bank car loan is processed in five steps namely - Application, Processing, Documentation, Loan Sanction and Disbursement.

  36. What are the kinds of cars that ICICI Bank finance for customers?

    ICICI Bank finances all types of passenger cars along with pre-owned and used cars.

  37. How can ICICI Bank customers pre-close their car loans?

    ICICI Bank customers have to visit an ICICI Bank Asset Servicing branch and complete the prepayment process by submitting the following documents. The prepayment can be done in the form of cheques, cash or demand drafts.

    • Pre-payment Statement
    • Request letter with the loan applicant’s signature
    • Bank statement showing the settlement of the last monthly installment
    • PAN Card - if the amount is more than Rs. 50,000
    • Vehicle Registration Certificate / Copy of RC Book
    • Vehicle Insurance
  38. Does ICICI Bank levy any charges on car loan customers changing from floating interest rates to fixed interest rates?

    Yes, ICICI Bank levies a fee of 1.75% of the outstanding principal amount, when a change from floating interest rate to fixed interest rate is done.

  39. What are the KYC documents that have to be submitted by ICICI Bank car loan applicants?

    The KYC documents that have to be submitted by car loan applicants are - Photographs, Age Proof, Address proof and Identity proof.

ICICI Bank Car Loan Reviews

  • ICICI Bank Car Loan
    "Good car loan with ICICI"
    0.5 5.0/5 "Blown Away!"
    I bought my car loan around April. I have got the loan amount of Rs. 10 lakhs. The documentation process was very easy. The total tenure period of the loan is 10 years. I have been paying the EMI of Rs. 15000. Within a week i have received the car loan. I make the payment through ECS.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 13, 2018
  • ICICI Bank Car Loan
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have applied my car loan with ICICI bank recently, i have been using this loan from past 5-6 months only, and i took my car three years back only but loan i have took recently, and the loan amount they have given me was sufficient , and the rate of interest they have charged me was nominal.
    Was this review helpful? 0
    , mumbai
    Reviewed on Dec 12, 2018
  • ICICI Bank Car Loan
    "Very Easy process"
    0.5 5.0/5 "Blown Away!"
    ICICI bank provides the best banking solutions. 1 year i have purchased the care loan. I got the loan amount of Rs. 4.50 lakhs. Within 3 days, i have received the loan amount. I pay the premium amount of Rs. 30500 and i have chosen the tenure period of 36 months. The documentation process was also very easy.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 11, 2018
  • ICICI Bank Car Loan
    "Good Experience on car loan"
    0.5 4.0/5 "Great!"
    My experience with ICICI of the car is good, they taken 7 to 10 days to disbursed the amount to the dealer, I have purchase Renault kwit 2013 model, the loan amount is sufficient as I expected, customer support is good. The interest rate is little higher.
    Was this review helpful? 0
    , jabalpur
    Reviewed on Dec 10, 2018
  • ICICI Bank Car Loan
    "Good service"
    0.5 4.0/5 "Great!"
    I have been holding my car loan with ICICI bank for long time, they have given me sufficient loan amount, and they have charged me nominal rate of interest in this loan and they have not charged any processing fee in this loan , overall experience was too good in this card.
    Was this review helpful? 5
    , bhubaneshwar
    Reviewed on Dec 07, 2018
  • ICICI Bank Car Loan
    "Good Financial service"
    0.5 5.0/5 "Blown Away!"
    I have taken car loan form the ICICI bank and they are giving good service . They have given nominal rate of interest which am satisfied with it .They instantly responded very well and approved the loan instantly . Overall satisfied with the my car loan from the ICICI bank .
    Was this review helpful? 0
    , lucknow
    Reviewed on Dec 07, 2018
  • ICICI Bank Car Loan
    "Better"
    0.5 5.0/5 "Blown Away!"
    I took my a car loan with ICICI Bank before 8 to 9 months. The rate of interest and charges are reasonable. The customer service and response was better. I have purchased a Maruti Suzuki car and I made some down payment. The documents are collected by the executive.
    Was this review helpful? 1
    , new delhi
    Reviewed on Dec 02, 2018
  • ICICI Bank Car Loan
    "Hassle free experience"
    0.5 5.0/5 "Blown Away!"
    3 years back, i have purchased the car loan with ICICI. The loan got disbursed without any hassles. It took 3 days to sanctioned the amount. The documentation process was smooth. They have accepted different types of documents also. I have applied the loan amount of Rs. 8 lakhs and the interest rate was 9.75%. I have been paying the EMI of Rs. 15465.
    Was this review helpful? 1
    , pune
    Reviewed on Nov 26, 2018
  • ICICI Bank Car Loan
    "GoodGood"
    0.5 3.5/5 "Pretty good"
    I have taken car loan with ICICI Bank through online channel. The interest rate was more and the processing charges are very costly. I have purchased MARUTI SUZUKI VITARA BREZZA VDI. The loan duration is 5 years. There is an option for part payment and pre closure.
    Was this review helpful? 3
    , bangalore
    Reviewed on Nov 23, 2018
  • ICICI Bank Car Loan
    "Good In Service"
    0.5 3.0/5 "Satisfactory"
    I have taken a car loan with ICICI. The tenuity period is 4 years, my application was taken care by ICICI and they processed it keeping my documents . Rate of interest if i see its reasonable compare to market value. I am happy with Overall services..
    Was this review helpful? 0
    , lucknow
    Reviewed on Nov 22, 2018
  • ICICI Bank Car Loan
    "Average loan services"
    0.5 2.0/5 "Expected more"
    They do share my data to many companies. After i completed my car loan, i used to get 5 calls per day against the loan services. It was pathetic from ICICI. I purchased the loan amount of 9.90 lakhs. It was not easy to get a loan from ICICI. I have to make couple calls to negotiate the interest rate. There was no processing fee. I have taken the loan in March 2017. I have been paying the EMI of 21 K with a tenure period of 5 years.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Nov 22, 2018
  • ICICI Bank Car Loan
    "Faster approval"
    0.5 4.0/5 "Great!"
    I have taken a car loan in ICICI Bank. They are charging high interest rate. I have purchased a Ertica. The car loan was closed before 3 or 4 months. They have provided 100% on road price. The documents are submitted to the executive. They are providing a good service to the customers.
    Was this review helpful? 0
    , kochi
    Reviewed on Nov 21, 2018
  • ICICI Bank Car Loan
    "Good service"
    0.5 4.0/5 "Great!"
    My card loan has taken with ICICI BANK , the tenure period is 5year . The experience during my car loan has been good and the loan amount which they had provided has been sufficient as well. . The interest rate which they had been charging had been nominal when compared.
    Was this review helpful? 1
    , chennai
    Reviewed on Nov 19, 2018
  • ICICI Bank Car Loan
    "Very Good Service"
    0.5 4.0/5 "Great!"
    It was a good experience in getting my Car loan through them and the process has been easy in getting the loan. The loan amount which they had provided has been sufficient and the interest rate has been nominal as well. There has not been any extra charges which has been made by them for this loan.
    Was this review helpful? 0
    , kochi
    Reviewed on Nov 18, 2018
  • ICICI Bank Car Loan
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    The experience during my car loan has been good and the loan amount whcih they had provided has been sufficient as well. The interest rate whcih they had been charging had been nominal when compared. There has not been any sort of charges which they had made as well.
    Was this review helpful? 2
    , noida
    Reviewed on Nov 15, 2018
  • ICICI Bank Car Loan
    "Good services from ICICI"
    0.5 5.0/5 "Blown Away!"
    They have provided me a 9.5% interest rate for my car loan. I have bought the car loan by last month. The process of the loan was easy and the same day itself they have approved the loan and sanctioned to the dealer. I have applied the car loan of Rs. 8 lakhs. I'm yet to pay the first month EMI and it will be deducted from my account.
    Was this review helpful? 3
    , ahmedabad
    Reviewed on Nov 13, 2018
  • ICICI Bank Car Loan
    "Good service"
    0.5 3.0/5 "Satisfactory"
    It has been a good experience i had with this loan and the loan amount whcih they had provided has also been sufficient. The interest rate with them has also been nominal and there has not been any additional charges which they had been made. Overall it had been a good experience.
    Was this review helpful? 0
    , patna
    Reviewed on Oct 31, 2018
  • ICICI Bank Car Loan
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I took a car loan from the ICICI bank . The whole process was easy and hassle free. The loan was applied at the showroom and was processed with in 2 days. The documentation was also very smooth. Overall it has been a smooth car loan experience with the ICICI bank.
    Was this review helpful? 1
    , jaipur
    Reviewed on Oct 30, 2018
  • ICICI Bank Car Loan
    "Not satisfied with the service"
    0.5 1.0/5 "Really Bad"
    I had chosen to go with them since i already had an existing loan with them. The process has been smooth and easy and there has not been any hassle faced. The interest rate with them has been nominal and there has been some processing fee has been there, but they did not explain me with any of the charges.
    Was this review helpful? 1
    , bangalore
    Reviewed on Oct 30, 2018
  • ICICI Bank Car Loan
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    The process in getting this Car loan has been smooth and easy and there has not been any hassle during the whole process. The loan amount whcih they had provided has been sufficient and the interest rate with them has been nominal when compared with the market rate. But the processing fee and the charges with them has been high.
    Was this review helpful? 1
    , lucknow
    Reviewed on Oct 29, 2018
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