Used Car Loan
Used Car Loan is provided against purchase of a pre owned car or is provided against any car where Invoice date of the car is more than 30 days old. A customer can Apply Online by providing asset details and complete the application.
Used car-sale purchase is extended to customers with Pre-Approved Car Loan with eligibility up to 80% of the offer amount subject to valuation of the Vehicle. Maximum tenure is up to 84 months. The customer can log in to Internet Banking and check pre-approved offers and get approval letter. Walk in to the nearest branch for further completion of the request.
![img](/content/dam/icicibank/icici-assets/personal-banking/travel-insurance-dream-vacation-a.jpg)
Refinance
The refinance option can be availed of provided your existing car is not hypothecated to any: Financial institution or where a Vehicle was financed through other financer - Loan matured - HP removed or not removed with nil outstanding.
ICICI Bank also provides Maxx Refinance. Option to get loan up to 140% of car valuation.
![img](/content/dam/icicibank/icici-assets/personal-banking/travel-insurance-dream-vacation-c.jpg)
Car Loan Top-up
Availing of Top-up loans is easier. Customers with good repayment track record for existing Car Loan can avail a Top up loan. Loan proceeds from. Top-up can be utilised for meeting personal needs like business development, wedding expenses, personal engagements.
![Car-loan-topup](/content/dam/icicibank/icici-assets/personal-banking/travel-insurance-dream-vacation-b.jpg)
For dedicated assistance