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Express Car Loans


Service Charges for Car Loans

If you are looking for flexible schemes, quick processing of your loans, attractive interest rates at the click of a mouse, then your search ends here. ICICI Bank Car Loans is the Most Preferred Financier for car loans in the country and offers you all the above with unbelievable ease.

Our car loan interest charges differ according to the car model, the tenure of the loan, the customer and his location.

Description of Charges Car Loans
Loan Processing Fees

New Car

Gross Loan Amt Processing Fee Amt Documentation Charges
<2.5 L
Rs.2500/-
Rs.350/-
2.5 L to 5 L
Rs.3100/-
Rs.350/-
5 L to 10 L
Rs.4000/-
Rs.350/-
>10 L
Rs.5000/-
Rs.350/-



Stamp Duty Actuals
Prepayment Charges Lower of the two amount given below.
1. 5% of principal outstanding or
2. Interest outstanding for unexpired period of the loan.
Charges for late payment (loans) 2% per month on the outstanding installment
Cheque Swap Charges Rs. 500/- per transaction
Cheque bounce charges Rs. 200/- per bounce
Amortization Schedule Charges Rs. 200/- per schedule
Statement of Account Charges Rs. 200/- per statement
Foreclosure Statement Charges Rs. 100/- per statement
Duplicate NOC Charges Rs. 500/- per NOC
NOC for conversion from Petrol to LPG/CNG Rs. 500/- per NOC
Revalidation of NOC Charges Rs. 500/- per NOC
NOC to convert from Private to Commercial Registration Rs. 2000/- per NOC
NOC to convert from Commercial to Private Registration Rs. 2000/- per NOC

Note :

  • Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate may be charged over and above these charges at the discretion of ICICI Bank.
  • The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over this site.


 

   
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