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 Car Segment, CIBIL Score, Customer Relationship, Tenure of Loan, etc
- • User Car: Interest rate* is based on Customer Relationship, Age and Segment of Car, Product Variant like Purchase, Top up, Refinance, etc
Car Loans - Indicative lending rates effective from 16th Jun, 2022
|Tenure of credit facility||12-35 months||36-38 months||39-96 months|
|New Car Loans||Starting 8.80%||Starting 8.3%||7.85%* onwards based on CIBIL score and car model.|
|Used Car Loans||11 % to 15.50% based on car segment|