Commercial Vehicle Loans FAQs

Interest is charged on a flat rate based on the scheme applicable for the particular product.

Interest is charged on a flat rate based on the scheme applicable for the particular product.

You can approach us in any of the following ways:

• Apply online
• Write to us using the "Email Us" option
• Call us at our 24 hour Customer Care Centre.
• You can just walk into any of our branches.
• Contact any of our direct sales agents.

• The tenure of the loan may vary from 12 to 60 months, depending upon the nature of the deal and the repayment capacity
• Repayment can be made through post-dated cheques (PDCs) / ECS or through Auto-Debit (in the case of ICICI Bank account holders)
• Prepayment of the loan is allowed, at a charge indicated on the ‘Service Charges’ page
• In the event of an accident, you need to inform our local representative of it

• Prepayment of the loan is allowed, at a charge indicated on the ‘Service Charges’ page. Click here to navigate.

To avail a Commercial Vehicle Loan you will have to submit the following documents:

• Proof of Address e.g. Passport, Ration Card, Voters ID
• Proof of Experience in the relevant area
• Track Record of past loans if availed
• Bank Statement
• ITR in case of specific category of customers
• Additional documents like the Financial statements for the last two years
• Transportation Contracts to be submitted for higher quantum of funding.

Yes you can, your application will be considered based on the credit strength of your co-applicant Approval will be at the sole discretion of ICICI Bank Ltd.