Icici Bank Car Loan
Features: One can get a car loan for a new as well as an old vehicle at fixed as well as floating rates for about 90 to 95 per cent of the cost of vehicle. Credit cards holders who have been using the card for more than a year and have a good repayment track record can get instant funding. One can also avail of a loan against Fixed Deposit to buy the car.
Processing Fees: upto Rs 2.5 lakh: Rs 2500, above Rs 2.5 lakh- Rs 5 lakh: Rs 3100, above Rs 5 lakh- Rs 10 lakh: Rs 4000, above Rs 10 lakh: 5000
Prepayment Charges: 5% on principal amount prepaid.
Down-payment: 10%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
ICICI Bank - New - Floating
9.5
13.0
2512 - 2683
upto Rs 2.5 lakh: Rs 2500, above Rs 2.5 lakh- Rs 5 lakh: Rs 3100, above Rs 5 lakh- Rs 10 lakh: Rs 4000, above Rs 10 lakh: 5000
| ICICI Bank - New - Floating | 9.5 | 13.0 | 2512 - 2683 | upto Rs 2.5 lakh: Rs 2500, above Rs 2.5 lakh- Rs 5 lakh: Rs 3100, above Rs 5 lakh- Rs 10 lakh: Rs 4000, above Rs 10 lakh: 5000 |


