ICICI Car Loan Service Charges | Loan Processing Fees

ICICI Bank Car Loans is the Most Preferred Financier for car loans in the country and offers you all the above with unbelievable ease.

Car Loans from ICICI Bank are extremely convenient, flexible and quick. With more than 1,000 channel partners in over 200 locations, we reach out to millions of customers and help them realise their dream of possessing a car.

If you are looking for flexible schemes, quick processing of your loans, attractive interest rates at the click of a mouse, then your search ends here. ICICI Bank Car Loans is the Most Preferred Financier for car loans in the country and offers you all the above with unbelievable ease.

ICICI car loan interest rates charges differ according to the car model, the tenure of the loan, the customer and his location.

Loan Processing Fees: New Car

Gross Loan Amt

Processing Fee Amt

Documentation Charges

<2.5 L Rs.2500/- Rs.350/-
2.5 L to 5 L Rs.3100/- Rs.350/-
5 L to 10 L Rs.4000/- Rs.350/-
>10 L Rs.5000/- Rs.350/-

Description of Charges Car Loans
Stamp Duty

Actuals

Prepayment Charges Lower of the two amount given below.
1. 5% of principal outstanding or
2. Interest outstanding for unexpired period of the loan.
Charges for late payment (loans) 2% per month on the outstanding installment
Cheque Swap Charges Rs. 500/- per transaction
Cheque return charges^ Rs. 400/- per return
Amortisation Schedule Charges Rs. 200/- per statement
Statement of Account Charges Rs. 200/- per statement
Prepayment Statement Charges Rs. 100/- per statement
Duplicate NOC Charges Rs. 500/- per NOC
NOC for conversion from Petrol to LPG/CNG Rs. 500/- per NOC
Revalidation of NOC Charges Rs. 500/- per NOC
NOC to convert from Private to Commercial Registration Rs. 2000/- per NOC
NOC to convert from Commercial to Private Registration Rs. 2000/- per NOC

Note:

  • Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate may be charged over and above these charges at the discretion of ICICI Bank.
  • The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over this site.

Available Products of ICICI Bank are:

Note: The above information is collected from various sources. The website www.deal4loans.com is not responsible for any change in the service charges and loan processing fees of the ICICI car loan.

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