Used Car Loan
Used Car Loan is provided against purchase of a pre owned car or is provided against any car where Invoice date of the car is more than 30 days old. A customer can Apply Online by providing asset details and complete the application.
Used car-sale purchase is extended to customers with Pre-Approved Car Loan with eligibility up to 80% of the offer amount subject to valuation of the Vehicle. Maximum tenure is up to 84 months. The customer can log in to Internet Banking and check pre-approved offers and get approval letter. Walk in to the nearest branch for further completion of the request.
The refinance option can be availed of provided your existing car is not hypothecated to any: Financial institution or where a Vehicle was financed through other financer - Loan matured - HP removed or not removed with nil outstanding.
ICICI Bank also provides Maxx Refinance. Option to get loan up to 140% of car valuation.
Car Loan Top-up
Availing of Top-up loans is easier. Customers with good repayment track record for existing Car Loan can avail a Top up loan. Loan proceeds from. Top-up can be utilised for meeting personal needs like business development, wedding expenses, personal engagements.
For dedicated assistance