Top Banks 2024
ICICI Bank Kochi
Last Updated : Feb. 25, 2017, 11:56 a.m.
About ICICI Bank
There is a bank which is always there for you, whatever may be the situation or time. The name of that bank is ICICI Bank. ICICI Bank, in fact has always believed in supporting the dreams of the people of the country and thus has stood up for them by providing necessary financial assistance. All this has led to tremendous growth and success for the bank. The bank presently is part of the big league of private sector banks in India. This has not been achieved in a fortnight but the bank has accomplished the same over the few years. The bank has maintained the highest standard of facilities and service and has delivered quality loan products. This has attracted customers from all the corners of the country. The bank has been conducting operations in the India from the year 1994. The main head office of ICICI Bank is located in Mumbai.
The equity shares of the bank are listed on various stock exchanges including the likes of Bombay Stock Exchange, National Stock Exchange, Vadodara Stock Exchange and Kolkata Stock Exchange. Its AD is also listed on the New York Stock Exchange. The bank has always been ahead in its game. It introduced internet banking services in 1998 as part of its innovative strategy. Kochi is the financial capital of the state of Kerala and is an important centre of trade. ICICI Bank has more than 10 active branches in the city which are taking care of the needs of the people from time to time.
Address of ICICI Bank Kochi branches
| Branch | Address | IFSC | MICR | Contact details |
|---|---|---|---|---|
| Mahatma Gandhi Road | Emgee Square, M.G.Road, Ernakulam, Kochi. 682035 Kerala | ICIC0000010 | 682229002 | 9020667777 |
| Kadavanthara | Adonai Towers, S.A Road, Kadavanthara Po, Kochi - 682016 Kerala | ICIC0000277 | 682229004 | 9020667777 |
| Palarivattom | Modus Building, S.N Junction, Palarivattom, Kochi - 682037, Kerala | ICIC0001029 | 682229008 | 9020667777 |
| Edappally | B M Complex, Edappally, Ernakulam, Kochi Kerala 682024 | ICIC0006264 | 682229003 | 9020667777 |
| Thoppumpady | Ambal Building, Near Gammon Bridge, Thoppumpady, Kochi - 682006, Ernakulam Dist., Kerala. | ICIC0001691 | 682229010 | 9020667777 |
| Willingdon Island | Old Dlb Building, Willingdon Island, Kochi - 682 009.Kerala | ICIC0001164 | 682229016 | 9020667777 |
| Chembumukku | Palackal Building, Chembumukku, Kakkanad, Kochi - 682030, Ernakulam Dist., Kerala. | ICIC0001163 | 682229014 | 9020667777 |
| Ravi Puram | Teepeyem Tower, Opp. Shipyard, Ravi Puram, Kochi - 682020, Ernakulam Dist., Kerala. | ICIC0001162 | 682229013 | 9020667777 |
| Kaloor | Naduparambil House, Kaloor - Kadavanthra Road, Kaloor, Kochi - 682017, Ernakulam Dist., Kerala. | ICIC0001161 | 682229012 | 9020667777 |
| Kalamassery | Ward - 3, Door No.284 & 285, Rajagiri Road, Kalamassery, Kochi - 683104, Ernakulam Dist., Kerala. | ICIC0001159 | 682229011 | 9020667777 |
| Elamakkara | Broadways Arcade, Punnakkal Jun, Elamakkara, Kochi - 682026, Ernakulam Dist., Kerala | ICIC0001160 | 682229017 | 9020667777 |
| Vyttila | Parekkattil Towers, Opposite Welcare Hospital, Vyttila , Ernakulam - 682019, Ernakulam Dist., Kerala. | ICIC0001110 | 682229020 | 9020667777 |
Products offered by ICICI Bank
Residents of the city of Kochi can always look forward to ICICI bank for their financial needs. The bank is always more than willing to offer applicants a loan that suits their requirement. Name any product and that is available with the bank. Whether it is a personal loan, business loan, home loan, gold loan, car loan, education loan or loan against the property. What a better to earn good returns on your money than to invest the same with the ICICI bank in fixed deposits? For additional information about the products offered by the bank, feel free to check the tables below-
Basic details of ICICI bank loans in Kochi
| Product | Eligibility | Loan amount | Interest rate | Processing fee | Tenure |
|---|---|---|---|---|---|
| Home loan | 1.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% - 10.05% | 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 loan | Salaried 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 | 10.75% - 19.00% | 2.25% of the loan amount plus GST | One to five years |
| Car loan | Salaried 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 price | 7.90% Onwards | ₹ 2,500 to ₹ 5,000+GST | Seven years |
| Fixed deposits | Any 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 | 2.50% - 6.30% | NIL | 7 days to ten years |
| Loan against property | Anybody, 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 crore | Depending upon the value of the mortgage property | 0.50% of the loan amount plus GST | Up to 15 years |
| Business loan | 1.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 crore | As per the bank guidelines. It depends on the business profile, loan amount, previous track record and tenure period | 2% along with GST applicable | Up to seven years |
| Education Loan | 1. You can take an education loan against any one of the following- Securities Property Fixed deposits | ₹ 10 Lakh to ₹ 20 Lakh | Loan 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 Loan | You 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 lakhs | 10-16.50% | 1% of the sanctioned loan amount | 6 to 12 months |
Documents required
The documents needed for availing a loan from ICICI Bank Kochi have been mentioned below-
| Product | Documents |
|---|---|
| Home loan | Completely 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 loan | Salaried 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 loan | Photographs 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 deposit | Proof 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 property | Completely 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 loan | Completely 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 Loan | 1.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 Loan | Two 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. |