REPAYMENT OF ICICI BANK CAR LOAN

REPAYMENT OF ICICI BANK CAR LOAN

1)repayment tenture ranges from 1 to 5 years for new car loans

2)you may change the tenture of the loan before the loan is disburshed . The interest rate and emi would change accordingly .

3)the repayment due dates for the loan are 1st and 15th of every month and would depend on the date of disbursement paymemt due dates cannot changed .

5)you can make the payment through post dated cheques .

6)repayment option through direct debit mandates is also available for all ICICI bank account holders .

6) options of repayment through ECS is also available in some cities .

7)payment through cash or credit cards are not accepted .

8)a full pre-payment of the loan is accepted where as part of repayment of loan is not accepted .