| Description of Charges |
Car Loans |
| Loan Processing Fees/Credit Facility Origination Charges |
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/- |
Used Car -
2.5% of gross loan amount.
Credit Facility Origination Charges (CFOC) of not exceeding 1.5% of loan amount for advance installment cases and not exceeding 0.75% of loan amount for cases without advance installment
|
| Stamp Duty |
Actuals |
| Prepayment Charges |
Lower amount of the two given below.
1. 5% of principal outstanding or
2. Interest outstanding for unexpired period of the loan |
| Solvency Certificate |
N.A. |
| Charges for late payment (loans) |
2% per month |
| Cheque Swap Charges |
Rs. 500/- |
| Document Retrieval Charges |
N.A. |
| Cheque bounce charges |
Rs. 200/- |
| Amortization Schedule Charges |
Rs. 100/- |
| Statement of Account Charges |
Rs. 100/- |
| Foreclosure Statement Charges |
Rs. 100/- |
| Duplicate NOC Charges |
Rs. 100/- |
| NOC for conversion from Petrol to LPG/CNG |
Rs. 500/- |
-
CFOC is included in advance/first installment and is adjusted from it.
-
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.