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2 mins Read | 5 Years Ago

Get ‘pre-approved’ for a Car Loan

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ICICI Bank has introduced new operations to enable faster Car Loan processing, for existing ICICI Bank customers as well as New to Bank customers. Existing customers have extra mileage as the requisite documents for credit assessment have been reduced to a minimum.

Existing customers can check out the offer by sending an SMS CAR to 5676766 from their ICICI Bank registered mobile number. A Pre-approved Car Loan customer can generate approval letter online by following these steps:

  • Log in to Internet Banking

  • Select location, car and dealer

  • Customise and review your loan

  • eSign your agreement

  • Disburse to dealer’s account

  • Download delivery order

  • Hand over the delivery note to the dealer and take delivery of your Dream Car.

Pre-approved customers can avail Car Loan with the following exclusive features:

  • End to end digital process

  • Paperless journey

  • 100% on-road funding

  • Tenure up to 7 years.

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