ICICI Bank Car Loan in Lucknow

About ICICI Bank Car Loan in Lucknow

Lucknow is one of the upcoming cities of India. The city has an emerging population which requires various means of transport for itself. Many people in the city of Nawabs want to buy a car of their choice. They can do so now with the help of an ICICI bank car loan. The bank offers the product to people who want to purchase any kind of new or used car. The bank charges a fixed rate of interest from the customer. It has opened up over 20 branches in the capital city of Uttar Pradesh.

ICICI Bank Car loan Lucknow at a glance

The important details of ICICI Bank Car Loan Lucknow have been given below.

ParticularDetails
Interest rate10.75% - 15.50%
Loan amountFor New Cars

Min amount : Lesser than ₹2,50,000

Max. amount : upto ₹ 10,00,000

For Pre-owned Cars: up to 80% on the valuation of the car.
TenureNew Cars: Upto 7 years

Pre-owned Cars: Upto 5 years
Processing feeNew Cars : ₹ 2,500 to ₹ 5,000

Pre-Owned Cars: 2% of loan amount or ₹6,000 whichever is lower
Pre-payment charge5% on principal outstanding or interest outstanding for unexpired period of loan (whichever is lower)

Eligibility criteria

The eligibility norms for an ICICI Bank Car Loan Lucknow have been mentioned below. An applicant can only avail a loan from the bank if he/she is able to meet the said criteria.

For a salaried employee

  • The applicant should be between the age group of 23 to 58 years. It means he/she should be at least 23 years old whenever the loan is applied
  • The applicant should earn an annual income of at least ₹ 2,50,000
  • The employment stability should be more than two years
  • The applicant should be working with the current employer for a minimum period of one year

For a self-employed professional

  • The applicant should fall between the age bracket of 28 to 65 years old. It means he/she should have attained the age of 28 whenever the loan is applied. The loan has to be fully repaid by the time the applicant turns 65 years
  • The annual income of the applicant should be at least ₹ 2 Lakhs
  • The business should be stable for period of over three years

For a self-employed non-professional

  • The business should be stable for period of over three years
  • The Profit after Tax (PAT) should be at least ₹ 2 Lakhs

In case of Limited Companies, the Profit after Tax (PAT) should be at least ₹ 2 Lakhs and they must be existing for a period of at least three years.

Documents needed for ICICI Bank Car Loan Lucknow

An applicant who wishes to successfully avail a car loan from the bank has to complete the process of documentation on time. The list of important documents for every category has been given below. Check it out.

For a salaried employee

  • Completely filled application form
  • Proof of Age- Birth certificate/ PAN card/  High school marksheet/ Passport
  • Proof of Identity- Aadhar card/ Passport/ Voter ID card/ Driving License/ PAN card
  • Photographs of passport size
  • Verification of the applicant’s signature- Passport/ Driving License/ PAN card
  • Proof of Address- Ration card/ Passport/ Telephone bill/ Electricity bill/ Rent agreement/ Water bill
  • Proof of Employment stability
  • Bank statement of the last six months
  • Proof of Income- Latest salary slip of the previous three months and Form 16

For a self-employed professional

  • Completely filled application form
  • Proof of Identity- Aadhar card/ Passport/ Voter ID card/ Driving License/ PAN card
  • Photographs of passport size
  • Proof of Age- Birth certificate/ PAN card/  High school marksheet/ Passport
  • Verification of the applicant’s signature- Passport/ Driving License/ PAN card
  • Proof of Address- Ration card/ Passport/ Telephone bill/ Electricity bill/ Rent agreement/ Water bill
  • Proof of Business stability
  • Bank statement of the last six months
  • Proof of Income- Income tax returns of the last three years

For a self-employed non-professional

  • Completely filled application form
  • Proof of Identity- Aadhar card/ Passport/ Voter ID card/ Driving License/ PAN card
  • Proof of Age- Birth certificate/ PAN card/  High school marksheet/ Passport
  • Proof of Ownership
  • Verification of the applicant’s signature- Passport/ Driving License/ PAN card
  • Proof of Address- Ration card/ Passport/ Telephone bill/ Electricity bill/ Rent agreement/ Water bill
  • Proof of Business stability
  • Proof of Income- Income Tax returns of the past two years and Profit & Loss account and Balance Sheet which is duly audited
  • Bank statement of the last six months
  • In case of partnership firms- Partnership deed along with a letter which has to be duly signed by all the available partners, thereby giving authority to one partner
  • In case of companies and societies- Memorandum and Articles of Association plus a Resolution by the board of directors

Read more at Car Loan Lucknow.

Address of ICICI Bank Branches in Lucknow

The list of ICICI Bank branches in Lucknow has been given below along with their addresses, IFSC & MICR details and contact numbers.

BranchAddressIFSCMICRContact details
Gomtinagar3/64 Vivek Khand, Gomtinagar, Lucknow, Uttar Pradesh 226010ICIC000021422622900305223366777 / 05224445500
AlambaghShop No. 1, 569 Ka/199, Sneh Nagar, Alambagh Lucknow Uttar Pradesh 226005 ICIC000031822622900405223366777 / 05224445500
AliganjAarohi Complex, Aliganj Mahabirji Mandir Marg, Kapoorthla, Sector-A, Sector L, Chandralok, Lucknow, Uttar Pradesh 226024ICIC000032522622900505223366777 / 05224445500
Indira Nagar19/753, Ring Road, Indira Nagar, Lucknow Uttar Pradesh 226016ICIC000059122622900605223366777 / 05224445500
Naka HindolaGuru Teg Bahadur Complex, Cp - 4, Upil Scheme, Naka Hindola, Lucknow - 226004 Uttar PradeshICIC000083322622900705223366777 / 05224445500
Aminabad35 Aminabad, Opp. Amino Doula Park, Near Canara Bank, Lucknow - 226018, Uttar PradeshICIC000103322622900805223366777 / 05224445500
Mahanagar939/A, Sector A, Mahanagar, Lucknow 226004 Uttar PradeshICIC000104822622901005223366777 / 05224445500
MG MargM G Marg, Shalimar Tower, Hazratganj, Lucknow, Uttar Pradesh 226001ICIC000628122622900205223366777 / 05224445500
AashianaA - 1669, Sector I, Lda Colony, Aashiana, Lucknow - 226012, Lucknow District Uttar Pradesh.ICIC000126022622901105223366777 / 05224445500
Faizabad RoadShop No. 17, 18, 18A & 19, Lekhraj Khajana Complex, Plot No. D - 2, Sector - 4, Indira Nagar, Faizabad Road, Lucknow – 226016, Lucknow Dist., Uttar Pradesh.ICIC000126422622901205223366777 / 05224445500
Nadan Mahal Road53/24, Nadan Mahal Road, Lucknow - 226003, Lucknow Dist., Uttar Pradesh.ICIC000126222622901405223366777 / 05224445500
Nirala NagarA - 29, Nirala Nagar, Lucknow - 226020, Lucknow Dist., Uttar PradeshICIC000126322622901505223366777 / 05224445500

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