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ICICI Bank Loans

 

ICICI Bank

ICICI Bank is India's second largest bank with network of branches spread across India and global presence in 18 other countries of the world. ICICI Bank was promoted in 1994 by the leading Industrial Financial Company ICICI limited. This parent company later on merged with ICICI Bank Limited.

Today it is the leading private sector bank in India.

ICICI Bank offers wide range of banking products to retail and corporate segment. 

Some of the most popular products offered by ICICI Bank in retail segment are:- 

ICICI Bank Home Loan

ICICI ushered in the home loan revolution in India in 1999 when it pioneered the door delivery concept for home loans for the general mass of population. By 2006 it had become leader in the home loan segment. It is ICICI Bank which revolutionized the home loan products in India with its aggressive strategy. In recent years though the pace of growth in home loan has slowed down due to greater penetration of the market, it continues to be a significant player in the home loan business.

ICICI Loan for home is available for purchase of new or resale residential property. Even you can take ICICI Home Loan for the purpose of buying a piece of land for construction of house and cost of construction on that plot, repairs and renovations of existing property. Even one can approach ICICI bank for transfer of an existing outstanding home loan amount from another lender, which is termed as balance transfer or BT in banking terminology. 

ICICI Bank Car Loan

ICICI Bank is one of the leading players in India in financing loans for purchase of new and used passenger cars. ICICI Bank provides 90% finance on ex-showroom price for purchasing of new car. Thus borrower has to pay only 10% of car cost. In addition to that the borrower also has to pay for octroi, registration and insurance charges as down payment from his/her own sources.

ICICI Bank Car Loan can be repaid back in equated month installment (EMI) of 12 to 60 months.

ICICI Bank Personal Loan

ICICI Bank Personal Loan is available for any personal needs like renovating home, buying a computer, child education or marriage, dream vacation, etc. The ICICI loan is available to salaried individuals who have a salary account with the ICICI Bank. This loan is also extended to existing ICICI Bank personal loan customers. ICICI Bank does not offer personal loan to any self-employed individuals. The maximum tenure for repayment of ICICI loan is 48 months.

ICICI Bank Fixed Deposit Schemes

ICICI Bank offers very attractive rate of returns on it's various term deposit schemes with duration ranging from 7 days to 10 years. One can also borrow upto 90% of the value of his fixed deposit account. You can also get a secured credit card against this deposit account, an ideal card for people with poor CIBIL score or default history on their loans / credit cards.

ICICI Bank Credit Cards

ICICI Bank offers a very wide range of credit cards to suit the needs to various customers be it savings of fuel or dining, travel and shopping, deals on movies, golfing or complimentary access to airport lounges or just reward points. You just need to pick the right card that suits your personal requirement.

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