|Tenure of credit facility||Up to 23 months||24-35 months||36-84 months|
|Type of credit facility||Rate of interest|
|New Car Loans||12.85%||12.85%||9.30%|
|Used Car Loans||14.25%|
Car Loan Interest Rates
ICICI Bank offers new car loans with fixed interest rate. In fixed interest rate, the interest rate on the car loan will remain fixed during the tenure of the loan.
- New Car: Interest rate is based on factors such as customer relationship, car segment and tenure of loan etc.
- User Car: Interest rate is based on age and segment of car, tenure of loan and product variant like top up, refinance etc.
Car Loans - Indicative lending rates effective from 1st Aug,2018
Explore the power of simpler and smarter banking. Bank online with over 250 services
Bank on the go with our Mobile Banking services. Download app or use SMS
Pockets by ICICI Bank
VISA powered Universal payment wallet. Download today
Bank 24/7 through a widespread network of over 4,850 branches and 15,101 ATMs