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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