ICICI Bank Chandigarh

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About ICICI Bank

ICICI Bank is a bank which has from time to time, taken care of the financial needs of the people of the country. The bank stands today, as one of the largest private sector banks in India because of a reason. ICICI Bank is offering various services to its customers that are even exceeding their expectations. The bank which has its main headquarter in Mumbai was formerly promoted as a wholly own subsidiary in 1994 by ICICI Limited. It has a vast network consisting of 14,271 ATM’s and 4,501 branches which are always ready with their services. The bank has made its presence felt in 18 other foreign nations. The bank launched its internet banking operations in the year 1998.

ICICI Bank has won several awards, the most prominent being the Most Innovative use of Multi–Channel Infrastructure’ and ‘Most Innovative Bank’. It won the two awards at the Indian Bank Association (IBA) BANCON Innovation Awards in 2013. It was the first runner up in the category of ‘Best Bank’ at the Outlook Money Awards held in 2015. Chandigarh is considered as one of the most developed cities in the bank. To speed up the growth even further, ICICI Bank has opened more than 15 branches in the city.

Address of ICICI Bank Chandigarh branches

BranchAddressIFSCMICRContact details
Chandigarh Sector- 9DSco 9 - 10 - 11, Sector 9 - D. Chandigarh 160017 ICIC000001316022900101723366777/01724445500
ManimajraSco - 36, Pocket - 1, Manimajra, Chandigarh 160101 ICIC000036216022900601723366777/01724445500
Sector - 34/ASco - 218 - 219, Sector - 34/A, Chandigarh, Punjab 160022 ICIC000040316022900701723366777/01724445500
Sector 38 DSec 38D, SCO 319, Chandigarh, 160036ICIC000078216022901001723366777/01724445500
Sector 28 DSector 28/D, SCO 145, Chandigarh, 160028ICIC000096416022901101723366777/01724445500
Sector 46 CSector 46C, SCO-82, Chandigarh, 160047ICIC000108416022901601723366777/01724445500
Sector 35 CSector SCO 485-486, 35C, Sector 35, Chandigarh, 160022ICIC000632216022900401723366777/01724445500
Sector 17 BSco 99 - 100, Ground Floor, Sector 17 B, Chandigarh - 160017ICIC000134316022902101723366777/01724445500
Sector 19 CSector 19C, SCO 23, Chandigarh, 160019ICIC000134016022902201723366777/01724445500
Sector 26Sector 26, Madhya Marg, Showroom No 45, Chandigarh, 160026ICIC000134216022902001723366777/01724445500
Sector 17 CSector 17/C, SCO-127/128, Chandigarh, 160017ICIC000659116022902401723366777/01724445500
Sector 32 Sector 32 C-D, SCO 70-71, Chandigarh, 160031ICIC000181316022903001723366777/01724445500

Products offered by ICICI Bank

ICICI Bank has specially designed loan products that are capable enough to meet the needs of the customers. Applicants can apply for a home loan, car loan, education loan, gold loan business loan, personal loan, loan against property and a fixed deposit account. In case you are interested in availing any of these loans, you have to fulfill the eligibility norms and complete the much-needed documentation work.

Basic details of ICICI bank loans in Chandigarh

ProductEligibilityLoan amountInterest rateProcessing feeTenure
Home loan1.The applicant should have obtained at least 21 years of age when the loan is sanctioned.

2.65 years is the age when the loan should be fully repaid.
3.The applicant should be salaried individual or a self-employed.

4.The co-applicant must at least be 18 years old.

5. In order to enhance his loan eligibility, the applicant can add his/her spouse, who is earning well, as a co-applicant
From ₹ 30 lakhs to above ₹ 5 crore ( for few cases)9.00% - 9.25%0.50 to 1% of the loan amount or ₹ 1,500 along with GST

New Delhi, Mumbai and Bengaluru- ₹2,000+GST
30 years
Personal loanSalaried employee-
1. The applicant should be between the age group of 23 to 58 years.

2. Monthly Income requirement:
New Delhi and Mumbai-₹ 25,000
Kolkata, Bengaluru, Hyderabad, Pune, Chennai- Kolkata, Bengaluru, Hyderabad, Pune and Chennai ₹ 20,000
For other cities- at least ₹ 17,500

3.Work experience of two years

4. Should live in the current residence for at least on year.

Self-employed individual
1. The applicant should be between the age group of 28 to 65 years. For doctors, the minimum age has been kept at 25 years

2. A business stability of five years is needed. For Doctors it is three years.

3. Liability or Asset relationship with the bank for a period of at least one year is required.

4. Minimum profit after tax:
-Self- employed/proprietorship firm: ₹2 Lakhs
-Non-Professional: ₹1 Lakh

5. Minimum turnover-
Non-Professional- ₹40 Lakhs
Professional- ₹ 15 Lakhs
Salaried- ₹20 Lakhs

Self-employed- ₹30 Lakhs

Doctor- ₹40 Lakhs
10.99% - 18.49%2.25% of the loan amount plus GSTOne to five years
Car loanSalaried employee
1.The age of the applicant should be between 23 to 58 years.

2.Annual income should be at least ₹ 2.5 Lakhs

3.Employment stability of more than two years is needed.

4.Applicant should be working with the current employer for a period of at least one year.

Self-employed Professional
1.The applicant needs to fall the age bracket of 28 to 65 years. The loan has to be fully repaid by the age of 65.

2.Annual income should be at least ₹ 2 Lakhs.

3.Business stability of more than three years

Self-employed Non-Professional
1.Profit after Tax of a minimum of ₹ 2 Lakhs.

2.Business stability of more than three years
100% of ex-showroom price10.75% - 15.50%₹ 2,500 to ₹ 5,000+GSTSeven years
Fixed depositsAny resident Indian can open a fixed deposit account.₹ 10,000 and above.


You can avail a loan up to 90% of the principal and accrued interest
4.00% - 7.55%NIL7 days to ten years
Loan against propertyAnybody, whether a self-employed professional or a salaried individual can apply for a loan.

The applicant should fall in the age bracket of 21 to 65 years.

The applicant should have a property which he/she can mortgage.

He/she must earn sufficient enough to repay the loan.

Proprietors, partnership firms and companies can apply too.
Up to ₹ 5 croreDepending upon the value of the mortgage property0.50% of the loan amount plus GSTUp to 15 years
Business loan1.Anybody who is engaged in service, manufacturing or trade can apply for a business loan.

2.Must belong to any of the following segments-
-Sole Proprietorship
-Private Limited Company
-Partnership firm
-Public Limited Company
Up to ₹ 1 croreAs per the bank guidelines.

It depends on the business profile, loan amount, previous track record and tenure period
2% along with GST applicableUp to seven years
Education Loan1. You can take an education loan against any one of the following-
Securities
Property
Fixed deposits
₹ 10 Lakh to ₹ 20 LakhLoan against securities- 11%

Loan against property- As per the bank guidelines

Loan against fixed deposits- Upto 90% of the Fixed Deposits
Up to seven years ( securities)


Up to 15 years ( against property)
Gold LoanYou need to be an individual falling in the age bracket of 18 to 70 years and you must own a gold ornament₹ 10,000 to ₹ 15 lakhs10-16.50%1% of the sanctioned loan amount6 to 12 months

Documents required

The documents needed for availing a loan from ICICI Bank Chandigarh have been mentioned below-

ProductDocuments
Home loanCompletely filled application which is duly signed
Photographs of passport size
Identity Proof:- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
Proof of Residence:- Utility Bill / Passport/Leave and License Agreement
Proof of Age- Passport/Birth certificate/ High school marksheet
Bank statement of the last six months
Salary slip of the past three months
Processing fee cheque

Extra documents needed are given under-
For Self-employed Professional:
Proof of existence of Business
Education qualification certificate
Income tax returns of the past three years

For Self-employed Non Professional:
Proof of existence of Business
Education qualification certificate
Business Profile
Income tax returns of the past three years
P&L account and Audited Balance Sheet of the previous three years which has been certified by a CA

Other documents related to property-
Power of Attorney Format
In case, the loan account holder dies, documents required are:
Request letter
Letter of relinquishment
Personal loanSalaried employee
Identity Proof:- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
Two Photographs of Passport size
Proof of Residence:- Utility Bill / Passport/Leave and License Agreement
Bank Statement of the past three months in which the salary is credited
Salary slips of the past three months.
Self-employed Individuals:
Proof of Identity- Aadhar card/PAN card/ Passport/Voter ID card
Address Proof- Utility Bill / Passport/Leave and License Agreement
Proof of Age- Passport/Birth certificate/ High school marksheet
Bank statement of the previous six months
Proof of continuity of business.
Proof of Income- Audited Balance Sheet and Profit & Loss account of the previous two years
Proof of Office address
Proof of office ownership
Car loanPhotographs of passport size
Completely filled application form
Proof of Identity- Aadhar card/Voter ID card/PAN Card/Passport/Driving License
Proof of Age- Birth certificate/Passport/High school marksheet/PAN card
Proof of Residence- Allotment letter/Passport/Telephone Bill/Electricity Bill/Leave and license agreement
Bank statement with verification of signature
Proof of Income-
Salaried employee: Latest salary slip and Form 16
Self-employed Professional: Income tax (IT) returns of the previous two years
Self-employed Non Professional: Income tax returns of the last two financial years along with audited Balance Sheet and Profit & Loss account

Proof of ownership or Proof of business stability (Self-employed)

Partnership deed and a letter duly signed by the present partners whereby they give complete authority to one partner (Self-employed Non Professional).

For companies and societies two things are needed -Memorandum & Articles of Association plus Resolution by board of directors
Fixed depositProof of Identity- Passport/Voter ID card/PAN card/Aadhar card/Driving License/Government ID card/Senior citizen ID card/
Photo Ration card.

Proof of Address- Passport/Telephone Bill/Bank statement with cheque/Electricity Bill/Leave and license agreement/ID card issued by a Post Office
Loan against propertyCompletely filled application which is duly signed
Photographs of passport size
Identity Proof:- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
Proof of Residence:- Utility Bill / Passport/Leave and License Agreement
Proof of Age- Passport/Birth certificate/ High school marksheet
Bank statement of the last six months
Salary slip of the past three months
Processing fee cheque

Extra documents needed are given under-
For Self-employed Professional:
Proof of existence of Business
Education qualification certificate
Income tax returns of the past three years

For Self-employed Non Professional:
Proof of existence of Business
Education qualification certificate
Business Profile
Income tax returns of the past three years
P&L account and Audited Balance Sheet of the previous three years which has been certified by a CA

Property documents-
Agreement for Sale & construction,
Letter of Allotment,
Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession,
Detailed cost of construction and Land tax receipt.
Business loanCompletely filled Application form
Proof of Entity – Partnership deed/Shops and Establishment certificate/Certificate of Incorporation
PAN Card copy of Entity, Partners/Proprietors/Directors, guarantors and Security providers
Proof of Address of Entity, Partners/Proprietors/Directors, guarantors and Security providers
Bank statement of the last six months
Audited Balance Sheet and Profit & Loss account of the last three financial years
The performance of the current year and estimated turnover on the letterhead of the entity
Income Tax returns of the past one year of the borrowing entity
Education Loan1.For Loan against security-
Passport size photographs
Proof of Residence- Electricity Bill/Telephone Bill/Passport/Rent and Lease agreement
PAN card copy is mandatory
Proof of Identity- Aadhar card/PAN card/Voter ID card/Passport/Driving license
Processing fee cheque
Demat statement

2. For Loan against property- Same documents as given above in the section of LAP (Loan against Property)

3. For Loan against fixed or recurring deposits-
Completely filled application form which is signed by both the FD holder and borrower
Original FD receipts which should be discharged by the holder
Gold LoanTwo photographs of passport size
Proof of Identity- Aadhar card/Voter ID card/PAN Card/Passport/Driving License
Proof of Residence- Allotment letter/Passport/Telephone Bill/Electricity Bill/Leave and license agreement
Land holding proof in case of agriculture loan above ₹ 1 Lakh.

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