ICICI Bank Car Loan in Patna

About ICICI Bank Car Loan in Patna

ICICI bank offers eligible salaried employees and self-employed people in Patna a car loan so that they can buy a car of their own. The product comes with benefits like lower EMIs, affordable interest rates and longest repayment tenure. ICICI bank has opened up more than 15 branches in the capital of Bihar so that a customer can purchase a car and later repay the amount as monthly installments.

ICICI Bank Car loan Patna at a glance

The important details of ICICI Bank Car Loan Patna 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 Patna 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 Patna

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

Have a look at Car Loan Patna for more information.

Address of ICICI Bank Branches in Patna

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

BranchAddressIFSCMICRContact details
KankarbaghH - 39 Doctors Colony, Kankarbagh, Patna, Bihar 800020 ICIC00003078002290036123366777
Boring RoadSumitra Sadan, West Boring Canal Road, Patna 800001 BiharICIC00004048002290046123366777
BSFC Fraser Road Bihar State Financial Corporation, Fraser Road, Old Jakkanpur, Rajaji Salai, Indira Nagar, Patna, Bihar 800001ICIC00005798002290056123366777
Shahi Bhawan Exhibition Road, Ground Floor Shahi Bhawan, Patna, Bihar 800001ICIC00062598002290016123366777
AnisabadHullas Vihar, H 1, Opposite - Police Colony, Anisabad, Patna, Bihar 800002ICIC00013338002290076123366777
Ashiana NagarTawheed Complex, Ashiana Nagar, Ashiana Digha Road, Patna, Bihar 800014ICIC00019438002290096123366777
Bhootnath RoadBahadurpur Housing Colony, New Colony, Mahatma Gandhi Nagar, Chitragupta Nagar, Patna, Bihar 800026ICIC00023828002290126123366777
Patna cityKesari Tola, Khajekala Post Jhauganj, Patna, Bihar 800008ICIC00023838002290136123366777
DanapurMoti Darbar, Opp. Vishal Mega Mart Danapur, Gola Road, Danapur Nizamat, Danapur, District- Patna Bihar 801503ICIC00024368002290106123366777
Ashok RajpathDraupadi Baranwal Complex, Opp. Of Pmch Gate, Ashok Rajpath, Patna, Bihar 800004ICIC00023858002290116123366777
MahendruGandhi Chowk, Above SBI, Mahendru, Patna, Bihar 800006ICIC00033408002290146123366777
MithapurViswanath Plaza,, Khagaul Road, Mithapur, Patna, Bihar 800001ICIC00033438002290176123366777

People Also Look For

Personal Loan Interest Rates August 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.25%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank10.99% - 14.49%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates August 2018
State Bank of India/SBI8.45% - 9.00%
HDFC8.70% - 9.40%
Bank of Baroda8.50% - 9.50%
LIC Housing8.45% - 8.90%
PNB Housing Finance8.99% - 10.75%
ICICI Bank8.55% - 8.80%
Axis Bank8.50% - 8.85%
Citibank8.85% - 9.65%
Indiabulls Housing Finance Limited8.70% - 9.85%
Kotak Bank8.65% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 10.00%
EMI Calculator