Documentation
Pre-sanction documents
- Filled-in application form
- Last 3 years' IT returns
- Last 3 years' audited balance sheet
- Last 12 months' bank statements for all operative accounts
- Proof for signature verification - passport / driving licence / PAN card / Bank's verification
- Identity proof
- Address proof
- Constitutional documents
- Business licenses etc
Pre-disbursement documents
- Duly executed loan documents
- Property documents as applicable
- Title deeds (sale deed, lease deed, share certificates, etc) and prior title deeds
- Land revenue records
- Property tax receipts
- Approved construction/building plan
- NOC from development authorities for lease properties
Sanction and Limit Set up Process
- Contact our Sales/ Relationship Manager
- Submit a filled-in application form and pre-sanction documents
- Once eligibility is assessed, a credit arrangement letter (CAL) is dispatched
- Applicants submit property documents, Legal and technical assessment of the property is undertaken by ICICI Bank
- Limit is set and the customer is ready to use his account
Benefits
- Minimum documentation and speedy loan sanction
- One-stop solution with bouquet of products
- Attractive rate of interest
- At-par multi-city cheque book
- Internet banking facility
