ICICI Bank car loan

ICICI Bank Car Loan Eligibility:

1. Salaried Individuals
   
   • The applicant should be above 25 years old at the time of application, and upto 58 years of age at the time of maturity of the loan.
   • Gross annual income of at least Rs. 2.50 lakhs.
   • The total employment stability should be more than 2 years and current employment stability of minimum 1 year.
2. Self-employed Individuals
   
   • Any proprietor, partner, professional or director above 28 years but below 65 years at the time of the loan maturity.
   • Gross annual income of at least Rs. 2.00 lakhs.
   • Business stability should be more than 3 years.

How is your ICICI Bank car loan eligibility determined?
Based on the following aspects ICICI Bank will determine your loan eligibility:

• Your monthly income
• Cost of the vehicle
• Other EMI’s which you are paying for any other loan

Fill the form above to check your actual car loan amount eligibility.

ICICI Bank Car Loan documentation Checklist:

• Age Proof: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB, Employer certificate/ID, School/College Leaving certificate.
• Proof of Identity: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date, Photo ration card with DOB.
• Income Proof: Latest salary slip with latest form 16/latest ITR.
• Address Proof: Any one of Photo Ration card with DOB, Photo Driving licence with DOB, Voters ID card, Passport copy, Telephone bill, Electricity bill, PAN Card, Credit Card statement with credit card copy, Employer certificate/ID.
• Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date ( laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.
• Proforma invoice