Sanctioning

Loans are sanctioned for all approved assets at locations where the ICICI Bank infrastructure is available – be it direct or indirect or Direct Marketing Associates and authorised distributors.

While we generally undertake Hypothecation funding, we also do Hypothecation transactions. We also look into cases of taking over an old high-interest loan and converting it into low interest loan.

Once all the details are in our possession, the loan can be sanctioned within 4 hours.