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Repayment
The tenure of the loan will vary from 6 to 60 months and it will depend on nature of the deal, requirement and repayment capacity of the customer.
Repayment to the loan can be done through PDC or Non PDC arrangement or through Auto Debit (in case of ICICI Bank account holders).
Cheque bouncing charges would be as applicable.
The repayment schedule & the amortization schedule would be sent on disbursement of the loan.
Prepayment of the loan is allowed at a charge as given in Service Charges page.
In the event of an accident, our local representative needs to be informed of the same.