Thursday, February 14, 2008

Factors affecting your Car Loan Amount

Car Loans from ICICI Bank are extremely convenient, flexible and quick. With more than 1800 channel partners in over 1000 locations,
we reach out to millions of customers and help them realise their dream of possessing a car.


We offer Car Loans for new as well as used cars as per your need. We offer a minimum of Rs. 75,000 for a used car and Rs. 1,00,000 for
a new car. Higher car loan amounts are also disbursed according to the model of the car.

Car Loans

New car

We finance upto 95% of the ex-showroom cost of the car.
The Loan amount also depends on the car model. Higher loan amounts are available under specific enhanced income eligibility criteria.
Minimum loan amount for new car Loan is Rs.1 lac.

Used car

For a used car, we finance up to a maximum of 90% of the valuation of the car
Minimum loan amount for a used car loan is Rs. 75000/-



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