Eligibility

Demat Shares

  • Only Individuals can apply. [Hindu Undivided Families (HUFs), Companies, Partnerships, Sole Proprietors are specifically excluded.]
  • Loans are granted only against the list of approved scripts, as determined by ICICI Bank.

Mutual Fund Units

  • For Equity oriented funds – Only Individuals can apply. [Hindu Undivided Families (HUFs), Companies, Partnerships, Sole Proprietors are specifically excluded.]
  • For Debt Funds/FMP/ETF – Individuals, Hindu Undivided Families (HUFs), Companies, Partnerships and Sole Proprietors can apply.
  • Loans are granted only against the list of approved Mutual Funds/ schemes, as determined by ICICI Bank.

Life Insurance Policies

  • For insurance policies, Individuals, Companies, Partnerships, Sole proprietorships, Hindu Undivided families (HUFs) can apply.
  • Loans are granted only against the list of approved insurance policies, as determined by ICICI Bank.

GOI Bonds

  • Individuals and Hindu Undivided Families (HUFs) can apply.

For all of the above

  • The applicant should be between 21 and 75 years of age.
  • The applicant should be a subscriber to a telephone (landline) either at residence or office.