Loan for Privilege Banking Customers
Car Loans from ICICI Bank are extremely convenient, flexible and quick. We offer flexible schemes, attractive interest rates, and quick & hassle-free application process at the click of a mouse. At the same time, we ensure that the repayment terms are equally convenient for you.
Features of ICICI Bank Car Loans
- Repayment tenure ranges from 1 year to 5 years.
- You may change the tenure of the loan before the loan is disbursed. The interest rate & EMI would change accordingly.
- The repayment due dates for the loan are 1st and 15th of every month and would depend on the date of disbursement. Payment due dates cannot be changed.
- You can make the Payments through post-dated cheques (PDCs)
- Repayment option through Direct Debit Mandates is also available for all ICICI Bank account holders.
- Option of repaying through ECS is also available in select cities.
- Payments through cash or credit cards are not accepted.
- You may change the PDC's in case your Bank Account is changed . However, we would require verification of signatures by new banker. A nominal fee of Rs.500/- (Swap Charges) would be charged for exchange of cheques.
- A full pre-payment of the loan is accepted. Part pre-payment is not allowed.
- MySavings Reward points on every successful EMI payment through Auto-debit mode.
- Click here to calculate the EMI on your Home Loan.
- Click here to check ICICI Bank Home Loan rates.
Note: All charges are subject to Service Tax as applicable.
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