The rising traffic on Indian roads have made two-wheelers a go-to option in urban as well as rural areas of the country. They are light in weight, easy to manoeuvre, convenient to park, and highly affordable too.
ICICI Bank has always been a pioneer in financial inclusion. With the objective of including the rural segment, ICICI Bank provides Car Loans basis land ownership to derive income eligibility of the customer.
Used Car Loan is provided against purchase of a second-hand car or loan is provided against any car which is more than days old (basis invoice). A customer can Apply Online by providing asset details and complete the application.