Car Loan

ICICI Bank Car Loan

Name: ICICI Bank Car Loan
Brand: ICICI Bank
Price: 8.75 INR

ICICI Bank

BANK · Since 1994

ICICI Bank Car Loan with instant iMobile sanction and up to 100% on-road-price financing for premium cars.

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Interest rate8.75%– 12.50%

Up to₹1 Crmax amount

Disbursal48 hours

Min CIBIL700+

Calculate your EMI

Move the sliders to see monthly EMI, total interest, and total cost of this loan.

Loan amount₹8,00,000

Tenure5 years

Interest rate8.75%

Your actual rate depends on your credit profile, income, and employer category.

Monthly EMI

₹16,510

Total interest

₹1,90,587

Total payment

₹9,90,587

Processing fee (0.5%)

₹4,000

Total cost of this loan

✨ interest + processing fee

₹1,94,587

Key features

iMobile-based instant sanction
Up to 100% on-road price for premium cars
Top-up loan option

Who is this loan best for?

ICICI customers wanting instant iMobile sanction with up to 100% on-road-price coverage on premium cars.

Rate and prepayment

This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).

Apply Now →Compare with other lenders →

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Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional

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Bank of Baroda

Bank of Baroda Car Loan

Rate from8.55%

Max amount₹1 Cr

EMI/L · 5y₹2,054

Disbursal5-7 business days

Among the lowest car loan starting rates
Government bank reliability

Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional

View details →Check eligibility

State Bank of India

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Rate from8.70%

Max amount₹1 Cr

EMI/L · 5y₹2,061

Disbursal3-5 business days

Zero processing fee on new cars (promotional)
Up to 90% of on-road price financed

Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional

View details →Check eligibility

Axis Bank

Axis Bank Car Loan

Rate from8.75%

Max amount₹1 Cr

EMI/L · 5y₹2,064

Disbursal3-5 business days

Existing-customer discounts
85% used-car financing

Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional

View details →Check eligibility

HDFC Bank

HDFC Bank Car Loan

Rate from8.75%

Max amount₹1.5 Cr

EMI/L · 5y₹2,064

Disbursal48 hours for pre-approved

48-hour approval for pre-approved profiles
Finances new and used cars

Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed · Professional

View details →Check eligibility