Ready to Drive Green? Apply for Your EV Car Loan Today!

ICICI Bank believes in empowering customers to make sustainable choices. Apply for an EV Car Loan today and join in the revolution of eco-friendly driving. With minimal documentation, competitive interest rates, and quick approvals, your electric vehicle journey begins here. Embrace green mobility and drive smart with ICICI Bank's EV Car Loan.

Why Choose an Electric Vehicle Car Loan from ICICI Bank?

Eco-friendly Commute

Eco-friendly Commute

Reduce your carbon footprint and contribute to a sustainable future with an electric vehicle financed through ICICI Bank.

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Competitive Rates

Competitive Rates

Enjoy competitive interest rates, ensuring affordability and value for your investment.

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Minimal Documentation

Minimal Documentation

Streamlined digital application process requires minimal documentation, making it hassle-free for you to get behind the wheel of your new EV.

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Quick Approvals

Quick Approvals

Experience quick loan approvals, allowing you to embrace electric mobility sooner.

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Car Loan EMI Calculator

  • ₹1L
  • ₹5Cr
%
  • 7%
  • 20%
  • 1 Year
  • 10 Years
  • ₹ 2,00,000

  • ₹ 22,605

  • ₹ 2,22,605

Your Monthly EMI is ₹9,275

Enter a valid input

Apply for an EV Car Loan

Avail Your EV Car Loan in 4 Simple Steps.

You can search for EVs that suit you

Use our car comparision tool to help you decide which vehicle best meets your needs and purchase it

EV Car Loan FAQs

Why Choose an Electric Vehicle Car Loan from ICICI Bank?

Eco-friendly Commute: Reduce your carbon footprint and contribute to a sustainable future.

Competitive Rates: Enjoy competitive interest rates, ensuring affordability and value.

Minimal Documentation: The digital application process requires minimal documentation, making it hassle-free.

Quick Approvals: Experience quick loan approvals with ICICI Bank.

How Do I Apply for an EV Car Loan?

Applying for an EV Car Loan is straightforward:

  • Online Application: Apply conveniently on the ICICI Bank website.
  • On the App: Log into the iMobile Pay App and apply for a car loan conveniently.
  • Branch Visit: Walk into your nearest ICICI Bank branch for in-person guidance.
  • Customer Care: Call 24-hour Customer Care for assistance and queries.

Is ICICI Bank's EV Car Loan Available for All Electric Vehicle Models?

Yes, our EV Car Loan is designed to finance a wide range of electric vehicle models, ensuring you have options to choose from while making the environmentally responsible choice.

What Are the Benefits of an Electric Vehicle Car Loan?

In addition to contributing to a cleaner environment, an EV Car Loan will naturally translate to more benefits, such as reduced operating costs, lower maintenance expenses, and potential government incentives, making it a smart and eco-conscious choice.

What interest rates can applicants expect for a Car Loan at ICICI Bank?

Interest for new Car Loans depends on the tenure of the loan, and the applicant’s CIBIL score also plays a role in determining what rate they get. For more information, click here.

How much car loan can I get from ICICI Bank?

ICICI Bank provides a loan of up to 100% of the valuation of a vehicle.