ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified financial services group offering a wide variety of products and services, both directly and through a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI become the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE.
About Personal Loan
ICICI Bank is the second largest bank in India by assets and by market capitalization. ICICI Bank India offers instant personal loans for a wide range of your personal needs at attractive interest rates.
Eligibility Criteria
- Please refer bank’s specific website for eligibility criteria.
Documents Required
- Signed application form with photograph
- Copy of passport/voter ID card/driving license
- Processing fee cheque
- Salaried
- Latest 3 months Bank Statement (where salary/income is credited)
- Self Employed
- Latest 6 months Bank statement
- Documentation for salaried applicants:
- Salary slips for last 3 months
- Documentation for self-employed applicants:
- Income proof (audited financials for the last two years)
Do’s and Dont’s
Do’s
- Make your mortgage or rent payments on time
- Stay current on all existing accounts
- Continue to work for the same employer
- Continue living at your current residence
- Keep credit card balances at or below 40% of credit limits
- Call us before doing anything regarding your employment, credit cards or assets.
Don't
- Don’t make a major purchase (car, boat, etc.)
- Don’t apply for new credit or loans of any kind
- Don’t change bank accounts or banks unless advised
- Don’t consolidate your debt into fewer accounts
- Don’t Deposit cash or non-traceable funds
- Don’t close credit card accounts
- Don’t borrow money
- Don’t transfer checking or savings balances from one account to another
- Do not give notice to your landlord before consulting with your loan officer
APPLY
About Business Loan
Get loans to match your specific business needs. Our tailor made loans let you choose the option most convenient and suitable for your business.
Eligibility Criteria
- Please refer bank’s specific website for eligibility criteria.
Documents Required
Depending on whether you are salaried, or a self-employed professional, or a self-employed businessman, banks ask for different set of documents when offering an LAP.
The documents to be submitted when applying for an LAP are as follows:
- For salaried individuals:
- Proof of identity or residence
- Latest salary slips
- Form-16 issued by present employer
- Bank statements of six months preceding the month in which loan is applied for
- A cheque covering the administrative costs incurred by the bank in processing the application
- A cheque covering the processing fee charged by the bank
- For Self-employed Professionals:
- Proof of identity or residence
- Educational qualification certificates, degrees, diplomas, and other academic credentials
- IT Returns of the three years preceding the one in which loan is applied for
- Bank statements of six months preceding the one in which loan is applied for
- For Self-employed Businesspersons:
- Proof of identity or residence
- Educational qualification certificates, degrees, diplomas, and other academic credentials
- Proof of existence of business
- Detailed business profile
- Profit and loss sheet and balance sheets of the company for the three years preceding the one in which loan is applied for
- IT Returns (of both self and the company) of the three years preceding the one in which loan is applied for
- Bank statements of the six months preceding the one in which loan is applied for
Do’s and Dont’s
Do’s
- Make your mortgage or rent payments on time
- Stay current on all existing accounts
- Continue to work for the same employer
- Continue living at your current residence
- Keep credit card balances at or below 40% of credit limits
- Call us before doing anything regarding your employment, credit cards or assets.
Don't
- Don’t make a major purchase (car, boat, etc.)
- Don’t apply for new credit or loans of any kind
- Don’t change bank accounts or banks unless advised
- Don’t consolidate your debt into fewer accounts
- Don’t Deposit cash or non-traceable funds
- Don’t close credit card accounts
- Don’t borrow money
- Don’t transfer checking or savings balances from one account to another
- Do not give notice to your landlord before consulting with your loan officer
APPLY
About Car Loan
Car loan helps you overcome your budget constraints and purchase the car you desire. The financial institutions offer car loan for both new and used cars.
Eligibility Criteria
- Please refer bank’s specific website for eligibility criteria.
Documents Required
- Duly signed and filled application form
- Passport Size Photograph
- Identity and signature proof - Passport, Pan card, Driving License, Voter ID card, Adhar card, employee identity card in case of government employees.
- Address Proof - Bank statement, Rent Agreement, Voter ID card, Ration card, Passport, Driving License, telephone/ electricity/ water/ credit card bill or Property tax.
- Age Proof - Voter ID card, Secondary school leaving certificate (class 10), birth certificate, Passport, Adhar Card, pension payment order or receipt of LIC policy.
- Income proof
Salaried Individual
- Latest 3 months salary slips
- Form 16 with proper computation of income
- Salary account bank statement for six months
- Latest acknowledged IT return
Self-employed persons
- Business stability and ownership proof
- Last two years' computation of income, Profit and Loss statement, and balance sheet certified by a C.A.
- Latest six months' bank statement
- Last two years' sales and copies of acknowledged IT returns as proof of turnover
Do’s and Dont’s
Do’s
- Make your mortgage or rent payments on time
- Stay current on all existing accounts
- Continue to work for the same employer
- Continue living at your current residence
- Keep credit card balances at or below 40% of credit limits
- Call us before doing anything regarding your employment, credit cards or assets.
Don't
- Don’t make a major purchase (car, boat, etc.)
- Don’t apply for new credit or loans of any kind
- Don’t change bank accounts or banks unless advised
- Don’t consolidate your debt into fewer accounts
- Don’t Deposit cash or non-traceable funds
- Don’t close credit card accounts
- Don’t borrow money
- Don’t transfer checking or savings balances from one account to another
- Do not give notice to your landlord before consulting with your loan officer
APPLY
About Home Loan
Getting a home loan from ICICI Bank is easy and quick. We keep the paperwork and other formalities to a minimum. Proof of your identity, address and income are some of the key documents that are required to be submitted for ICICI Bank home loan.
Eligibility Criteria
- Please refer bank’s specific website for eligibility criteria.
Documents Required
- Signed application form with photograph
- ID and residence proof
- Processing fee cheque
- Last 6 months bank statements
Documentation for salaried applicants:
- Last 3 months salary-slips
- Form 16 or Income Tax Returns
Documentation for self-employed applicants:
- Education qualification certificate & proof of business existence
- Last 3 years Income Tax Returns with computation of Income
- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
Do’s and Dont’s
Do’s
- Make your mortgage or rent payments on time
- Stay current on all existing accounts
- Continue to work for the same employer
- Continue living at your current residence
- Keep credit card balances at or below 40% of credit limits
- Call us before doing anything regarding your employment, credit cards or assets.
Don't
- Don’t make a major purchase (car, boat, etc.)
- Don’t apply for new credit or loans of any kind
- Don’t change bank accounts or banks unless advised
- Don’t consolidate your debt into fewer accounts
- Don’t Deposit cash or non-traceable funds
- Don’t close credit card accounts
- Don’t borrow money
- Don’t transfer checking or savings balances from one account to another
- Do not give notice to your landlord before consulting with your loan officer
APPLY
About Loan against property
Let your property be a shelter to your dreams. ICICI Bank Loan against Property is a multi-purpose loan that can be used for your business or personal needs.
Eligibility Criteria
- Please refer bank’s specific website for eligibility criteria.
Documents Required
- Know Your Customer (KYC) documents are required for initiating the process. Based on the product selected, the other requirements are communicated by a company executive during a personal visit. Other than this the basic documents as per RBI guidelines are required.
Do’s and Dont’s
Do’s
- Make your mortgage or rent payments on time
- Stay current on all existing accounts
- Continue to work for the same employer
- Continue living at your current residence
- Keep credit card balances at or below 40% of credit limits
- Call us before doing anything regarding your employment, credit cards or assets.
Don't
- Don’t make a major purchase (car, boat, etc.)
- Don’t apply for new credit or loans of any kind
- Don’t change bank accounts or banks unless advised
- Don’t consolidate your debt into fewer accounts
- Don’t Deposit cash or non-traceable funds
- Don’t close credit card accounts
- Don’t borrow money
- Don’t transfer checking or savings balances from one account to another
- Do not give notice to your landlord before consulting with your loan officer
APPLY