"Logo of ICIC Bank with a circular 'i' symbol in maroon and the bank name in white font." "Logo of ICIC Bank with a circular 'i' symbol in maroon and the bank name in white font."

SUITABLE FOR

Getting quick funds without selling your car

  • Competitive interest rates

  • Minimal documentation

  • Quick & easy processing

  • No additional collateral.

About Loan Against Your Car

Loan Against Your Car

Get funds without selling your car. Avail competitive interest rates and flexible repayment options for your business / personal needs.

Easy Eligibility

Existing ICICI Bank Car Loan customers can apply. The application process is quick and hassle-free.

Simple Documentation

Provide identity proof, address proof, income proof and vehicle details.

Car Loan Refinance

Get a loan up to 140% of your car’s value. Available for cars with no outstanding loans and that are not already in use as collateral.

Car Loan Top Up

Get extra funds on your existing ICICI Bank Car Loan for your needs without additional collateral.

FAQs

What is Loan Against Car?

ICICI Bank offers a Loan Against Car for existing car owners to meet personal or business expenses. You can access funds without selling your car or providing additional collateral, with competitive interest rates and flexible repayment options.

Can I apply for a Top-up Loan on my existing Car Loan?

Yes, ICICI Bank offers a Car Loan Top-Up for existing customers. This Loan can be used for personal or business needs such as home renovation, weddings or business expansion. It comes with attractive interest rates, minimal documentation and fast processing.

What is Car Loan Refinance and how does it work?

Car Loan Refinance allows you to get a loan on your existing car. It should not be hypothecated to a bank or have any outstanding loan. ICICI Bank provides up to 140% of the car’s valuation with quick approval, competitive interest rates and simple documentation.

What are the uses of a Loan Against Car?

You can use the Loan for various financial needs, including:

  • Home renovation
  • Business expansion
  • Wedding expenses
  • Medical emergencies
  • Education fees.

How can I use the EMI Calculator for Loan Against Car?

The EMI Calculator helps you plan repayments by:

  • Estimating monthly EMIs based on loan amount, tenure and interest rate
  • Comparing different loan options to choose the best fit
  • Ensuring affordability by adjusting loan parameters as per your budget.

Disclaimer

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