ICICI Bank Pune
Last Updated : March 18, 2017, 5:35 p.m.
Products Offered by ICICI Bank
ICICI Bank has kept many products for the people of Pune. Those who wish to avail a loan from the bank have to meet the norms of eligibility which is imposed by the bank itself. Then they will have to follow the process of completing the documentation work. Interested in knowing about the products offered? They are a business loan, car loan education loan, gold loan, loan against property, home loan and personal loan. You can compare the various loan products with the help of the table which is given below.
Basic details of ICICI bank loans in Pune
| 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 |
ICICI Bank Pune Branches with IFSC Codes
| Branch | Address | IFSC | MICR | Contact details |
| Bund Garden | A-Wing, Shangrila Gardens, Bund Garden Road, Pune, Maharashtra 411001 | ICIC0000005 | 411229002 | 9021667777 |
| Shivaji Nagar | 1240 - A, Subhadra Bhavan, Apte Road, Shivaji Nagar, Pune. 411004 Maharashtra | ICIC0000039 | 411229003 | 9021667777 |
| Aundh | Gulmohar Villa II, ITI Rd, Ward No. 8, Pushpak Park, Aundh, Pune, Maharashtra 411007 | ICIC0000073 | 411229004 | 9021667777 |
| Kondhwa | Krishna Keval Commercial Complex, Main Kondhwa Road, Kondhwa, Pune, Maharashtra 411048 | ICIC0000074 | 411229005 | 9021667777 |
| Chinchwad | Old Mumbai Pune Highway, Chinchwad Shop No 3 To 8, Ground Floor, F Wing Premier Plaza, Pune, Maharashtra 411019 | ICIC0000321 | 411229008 | 9021667777 |
| Satara Road | Somshankar Chambers, Survey No 46, Plot No 1, Kaka Halwai Estate, Opp City Pride, Pune, Maharashtra 411009 | ICIC0000337 | 411229010 | 9021667777 |
| Kothrud | Plot No. 1, S. No. 18/1, Sarthak Terrace, Opp. Gandhi Lawns, Kothrud, Pune, Maharashtra 411038 | ICIC0000338 | 411229009 | 9021667777 |
| Senapati Bapat Road | ICC Tech Park, Show Room No. 1, Senapati Bapat Road, Model Colony, Pune - 411016. Maharashtra | ICIC0000424 | 411229011 | 9021667777 |
| Chakan | Baravkar chambers, Ambethan chowk, Pune nasik highway, Chakan, Pune Maharashtra 410501 | ICIC0000508 | 411229012 | 9021667777 |
| Kalyani Nagar | Shop No. 1-6, Harmony Co-op Housing Society Ltd, Kalyani Nagar, Pune, Maharashtra 411006 | ICIC0000566 | 411229024 | 9021667777 |
| Infosys Phase-I | Inside Infosys Tech. Limited, Rajiv Gandhi IT Park, Phase-1, Hinjawadi, Pune, Maharashtra, 411057 | ICIC0000569 | 411229028 | 9021667777 |
| Infosys Phase-II | Infosys Tech Ltd, Plot No 24, Rajiv Gandhi Infotech Park Phase I, Hinjewadi, Pune Maharashtra 411057 | ICIC0000570 | 411229029 | 9021667777 |
ICICI Bank Pune Customer Care
In case you have any concern, query or complaint related to any product or service of ICICI, all you need to do is just dial a toll-free number-1800 200 3344 between 9 a.m. to 6 p.m. from Monday to Friday. The experienced and skilled professionals with their rich experience and expertise, are always there to help you.
EMI Calculator
Recently decided to avail a loan, but confused about the EMIs of the same? Well, if yes, now no more confusion as an EMI Calculator is here to help. This well-designed, smart device with its fastest process and simple algorithm gives you the exact calculations of your EMIs, Interest Outgo and Total Amount Payable in the easiest manner. After entering the loan amount, tenure and interest rate, this device churns out the results for you, ensuring that you have a hassle-free experience.
For your reference, below is a table, showing the calculations on a loan amount of ₹3 Lakh, taken for a tenure of up to 4 years at an interest rate of 12.75% per annum.
Table Showing EMI, Interest Outgo, and Total Repayment Amount
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
| Year | Principal | Interest | Balance Amount |
|---|---|---|---|
| 1 | ₹ 61,388 | ₹ 34,745 | ₹ 2,38,611 |
| 2 | ₹ 69,689 | ₹ 26,444 | ₹ 1,68,922 |
| 3 | ₹ 79,112 | ₹ 17,020 | ₹ 89,810 |
| 4 | ₹ 89,894 | ₹ 6323 | ₹ 0 |
Documents Needed
The documents needed for availing a loan from ICICI Bank Pune 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. |
About ICICI Bank
ICICI Bank is one of the country’s prominent commercial private sector banks. It has been recognized as a trusted and worthy financial institution because of the exceptional performance it has shown and the innovative marketing strategy it has implied. The bank mindblowing journey in the banking world started during the year of 1994. Before that, it was a banking subsidiary, which was being promoted by Industrial Credit and investment Corporation of India Limited. ICICI bank has covered each and every state of India with its wide network. The network consists of over 4500 branches and 14,000 ATMs. It has taken all steps to ensure that the facility of banking reaches even in the remote areas of the country.
ICICI Bank has centered its focus on becoming not only a leading provider of financial products and services in the nation but in foreign countries as well. The bank is present in about 18 countries of the world and is delivering as per the expectations of the customer. It is now concentrating on ways to move to the next phase of expansion of business to new countries. As a matter of fact, the country’s first internet banking facility was launched by ICICI bank in 1998. The bank has been constantly using digital technology since then. Pune is an important city in terms of education and information technology. It is attracting investment from all the corners. ICICI bank has opened up more than 40 branches in the city that have employees who working to deliver the products on time.