ICICI Bank Car Loan

ICICI Bank Car LoanICICI Bank Car Loan

ICICI Bank is one of Indian multinational and banking financial service company.  In market capitalization it is the second largest bank of India a total assets of Rs.7206.95 billion at March 31st 2016.  Now drive your dream car with up to 100% loan on the ex-showroom price. ICICI Bank offer Car loan on very attractive interest rate up to 7 year tenure.  ICICI Bank offer car loans for New Car and Pre owned car.


ICICI Car Loan Features

  • Loan available up to 100% on Ex-Showroom price
  • Loan available for pre owned car up to 80% of valuation of car.
  • Long loan tenure up to 7 years for new car & 5 years for pre owned car.
  • For ICICI Bank existing customer pre-qualified loan also available.
  • Check your eligibility online and get instant approval.
  • Pre Payment Facility for Salaried customer.
  • No guarantor required.

Eligibility for ICICI Car Loan

  • You should minimum 23 year old and maximum 70 years old.
  • Either you are salaried or self employed with regular income.

Fees and Charges

Tenure of Car Loan Up to 23 Months 24-35 months 36-84 months
Type of Car   Rate of Interest  

Loan on New Car








Loan on Pre Owned Car




  • Application Form with Photograph.
  • Photo Identity and age proof
  • Residential Address Proof
  • Bank Statement
  • For Salaried Person – Latest Salary Slip & Form !6
  • For Self Employed Professional – Previous 2 year ITR
  • For Self Employed – Previous 2 year ITR/Computation of Income
    • Business ownership proof.
    • Business continuity proof.
Processing Charges
Up to Rs. 2,50,000.00 Rs.2,500.00
Rs. 2,50,000.00  to Rs. 3,90,000.00 Rs.3,500.00
Rs.4,00,000.00 to Rs.4,90,000.00 Rs.4,000.00
Rs.5,00,000.00 to Rs.9,90,000.00 Rs.4,200.00
Above than 10,000,00.00 Rs.5,000.00
Documentation Charges Rs.250.00
CIBIL Report Charges Rs.50.00
RC Collection Charges Rs.200.00
Stamp Duty As Applicable
Pre Payment Charges


Loan up to 6 month No Pre Payment Allowed
6% Loan seasoning from 7 to 12 month.
5% Loan seasoning from 13 to 24 month.


3% Loan seasoning above than 24 months.


Late Payment Charges 2% of outstanding amount
Swap Charges Rs.500.00
Bouncing Charges Rs.500.00
Statement of Account Charges Rs.200.00
Loan Cancellation Charges Rs.3000.00
  • Note Service Tax and other Govt tax will be as applicable
  • Stamp Duty Charges will extra and as applicable

Now you can avail top up loan on your existing car loan. As an existing customer of ICICI Bank

You will get more benefit and fast processing services on your application.




You can send us an email and we'll get back to you, asap.


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