Benefits of ICICI Bank Business Loan
Who can be funded under Business Loan?
On what basis Business Loan can be availed?
Audited financials
Banking relationship with ICICI Bank or other banks
Goods and Services Tax (GST) filed
Income Tax Returns (ITR) filed
Turnover of the business
Existing Home Loan
Existing Auto Loan
Eligible Under Self-Employed

Pre closure or pre-payment of Business Loans
You can pre-close or pre-pay your Business Loan (BL) by paying the applicable pre-closure charges after payment of 12 Equated Monthly Instalment (EMI). Currently, the applicable pre-closure charge is 5% of the outstanding loan amount (plus applicable tax).
If you have an existing Home Loan or Auto Loan or current account in any bank*, then availing ICICI Bank Business Loan becomes easier. Click here to
POPULAR BUSINESS INSTALMENT LOAN FAQS
Can I get a Personal Loan for business purpose?
What is the minimum business vintage required under BIL?
What is the eligibility for ICICI Bank Business Instalment Loan?
What is a Business Instalment Loan?
Can my partner and I, as owners in our partnership firm, apply together for ICICI Bank Business Instalment Loan?
What is the maximum tenure under BIL?
What type of entity can be funded under BIL?
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