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Eligibility

Documentation required:

Income proof:

Salaried individuals – Latest Salary slip or salary certificate. Form 16 of the previous Financial Year or Income tax returns

Self-Employed individuals – Income tax returns of 2 previous financial years

Partnership Firms, Societies & Companies – Income tax returns of 2 previous financial years along with profit & loss account and Balance Sheet of both years.

Documents supporting customer information:
Identity proof, Signature verification and Address proof as per approved list of ICICI Bank (Our representative will help you identify suitable documents)

Other documents:
Partnership Firms: Partnership deed and Letter signed by all partners authorizing one partner to execute the required documentation

Societies and Companies: Resolution by Board of Directors (or such managing body) & Memorandum & Articles of Association (or Society/Trust deed).

Our representative will help you with the formats and information required with respect to the above documents.

Following table gives the basic eligibility criteria for applying for a loan with ICICI Bank.

Particulars

Salaried Individual

Self-Employed Individual

Partnership Firm

Private / Public Ltd Co

Age Criteria

Atleast 21 years old at time of application, and below 60 years of age at time of maturity of the loan

Any Proprietor, partner, professional or director above 21 years of age but below 65 at the time of the loan's maturity

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Income Criteria

Gross annual salary above Rs 1 lakh p.a

Gross annual income above Rs 60,000

Firm should have a minimum PAT (profit after tax) income of Rs 60,000

Minimum PAT (profit after tax) of Rs 60,000

 

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