icon_notification notification-animation 11
GET A CALL BACK

Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly

 

Working Capital Loans


ICICI Bank’s Rural and Inclusive Banking Group (RIBG) offers Overdraft (OD), Cash Credit and Term Loan facilities to traders, processors, aggregators and other businesses in rural and semi-urban locations with quick sanction basis simplified documentation. The OD or Cash Credit facility availed of is renewable every 12 months on satisfactory track record.

OD facility up to ₹ 5 million to micro enterprises with sanction based on banking transactions in any bank’s Current Account statement(s).


  • Assessment based on analysis of transactions in Current Account statement(s).
  • Business/Promoter vintage: 24 months.
  • Current Account vintage: 12 months.
  • Eligible entities: Individuals, proprietorship firms and partnership firms.
  • Collateral: Residential and commercial properties only.

 

OD facility up to ₹ 20.0 million to enterprises with sanction based on turnover reported in Goods and Services Tax (GST) returns.


  • Assessment based on turnover reported in GST returns.
  • Turnover: At least Rs ₹ 5.0 million.
  • Business/Promoter vintage: 24 months.
  • Eligible entities: Proprietorship firms, partnership firms, Limited Liability Partnerships (LLPs) and Companies.
  • Collateral: Self-occupied residential/ commercial/ industrial properties only.

OD facility up to ₹ 10.0 million to mandi traders with sanction based on banking transactions in any bank’s Current Account statement(s).


  • Assessment based on analysis of transactions in Current Account statement(s).
  • Business/Promoter vintage: 36 months.
  • Current Account vintage: 22 months.
  • Eligible entities: Proprietorship firms and partnership firms.
  • Collateral: Residential, commercial and/ or industrial properties.

Pre-qualified OD facility, up to ₹ 10.0 million, to micro enterprises based on ICICI Bank’s Current Account statement(s).


  • Pre-qualified limit basis transactions in Current Account.
  • Facility: OD/ Bank Guarantee/ Term Loan.
  • Business vintage: 36 months.
  • ICICI Bank’s Current Account vintage: 22 months.
  • Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
  • Collateral: Residential, commercial and/or industrial properties.

OD facility up to ₹ 20.0 million to Micro and Small Enterprises (MSE) based on simplified financial assessment.


  • Facility: OD / Bank Guarantee/ Term Loan/ Letter of Credit
  • Loan amount: Minimum of ₹ 1.0 million and maximum up to ₹ 20.0 million (Limited upto ₹ 10.0 million for first time borrower).
  • Business vintage: 36 months.
  • Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
  • Collateral: Residential, commercial and/ or industrial properties.

OD facility up to ₹ 50.0 million to Micro, Small and Medium Enterprises (MSMEs) based on simplified financial assessment.


  • Facility: OD/ Bank Guarantee/ Term Loan/Letter of Credit
  • Loan amount: Minimum of ₹ 1.0 million and maximum up to ₹ 50.0 million (Limited upto ₹ 10.0 million for first time borrower); Up to ₹ 60.0 million in case of enhancement
  • Tenure: 12 months, renewable on satisfactory track record.
  • Business vintage: 36 months.
  • Eligible entities: Proprietorship firms, partnership firms, private limited companies, public limited companies.
  • Collateral: Residential, commercial and/ or industrial properties.