Loan Against Car

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

Customers can apply for a Loan Against a Car through ICICI Bank’s digital channels or by visiting a branch. The process involves submitting basic personal, income, and vehicle related details, followed by verification and assessment. Once approved, the loan is disbursed as per Bank guidelines.

Applicable charges may include processing fees, valuation charges, and other costs as per the ICICI Bank schedule of charges. Details are shared during the application.

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.

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

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.

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.

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.

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

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

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.

ICICI Bank offers a refinance of up to 140% of the car's value, subject to approval. The loan amount depends on factors such as the car’s value, age, condition, and the applicant’s repayment capacity, subject to ICICI Bank assessment norms. 

In most cases, a guarantor is not required. Final requirements depend on credit evaluation and internal policies.