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Managing finance is unarguably the most important component of any business. For SMEs, timely finance is the key to making the most of business opportunities. Keeping this in mind, ICICI Bank have designed a package of loans to best suit their business. ICICI Bank decentralized operations ensure fast processing and quick availability of Business loans. ICICI Bank offer competitive interest rates, commission and charges. ICICI Bank’s 3,000+ branch network and Anywhere Banking facility ensure ease of operations, collections and payments.

For years Delhi has been known for its culture of entrepreneurship and business. With the expansion of the city and the rise of new commercial hubs in the NCR region like Gurgaon and Noida, the appetite for business has expanded manifold. LoanMoney understand that expanding and growing your business is extremely essential for you. Through LoanMoney, ICICI Banks Business Loans will help you to meet your working capital requirements.


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Type of Loan - Busines Loan

Max & Min Amt - 5 - 25 Lacs

ROI /PF/IMD - Rate:17 -19% / Fees: 2%
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  • Net Profit Plus Non cash Expenses Qualify as EMI payable per Month

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BENEFITS

1. Collateral free loan - No collateral is taken providing ease to customers.

2. Fast processing - De-centralised operations and simple documentation enabling fast

turnaround time.

3. Convenient Documentation - Convenient documentation process to offer ease and flexibility

4. Hassle -free loan - No third party guarantee required


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DOCUMENTATION

Financial Documents

-2 years audited financial statements along with Income Tax Returns of the entity and the promoters -Sanction letter of all existing bank loans

-Last 6 months bank statement of the entity -Declarations for investment in plant & machinery .

KYC documents


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  • ICICI Bank says mobile app malware not a threat to customers

    Days after a cyber security firm warned of mobile alications being breached by a malware attack, ICICI Bank on Saturday said that there is no significant1 threat to its customers. Whatever we have seen, the malware seems to be not very significant,1 bank17s chief technology and digital officer B. Madhivanan told reorters over a conference call. Quickheal, a Pune-based cyber Read More

  • ICICI Bank says mobile app malware not a threat to customers

    According to media reorts, Quickheal had sotted a malware that imitates over as, including some offered by some of domestic banks. Days after a cyber security firm warned of a malware breaching into mobile alications, ICICI Bank said there is no 4significant4 threat from it to its customers. 4Whatever we have seen, the malware seems to be not very Read More

  • Indian ADRs: ICICI Bank, Tata Motors, HDFC Bank, Dr Reddy’s Lab down

    Indian ADRs ended lower on Wednesday. In the IT sace, Infosys rose 1.49 ercent at USD 16.99 and Wiro added 1.9 ercent at USD 5.1. In the banking sace, ICICI Bank shed 1.1 ercent at USD 9.71 and HDFC Bank declined .9 ercent at USD 11.. In the other sectors, Tata Motors slied 1.4 ercent at USD .75 and Dr Read More

  • Ola and ICICI Bank have signed an MoU to integrate offers for customers as well as driver partners

    India9s largest taxi aggregator Ola and16ICICI Bank16on Tuesday signed a MoU to bring forth a range of integrated offers for their customers and driver artners. 4This alliance will rovide increased convenience to customers on both the latforms as well as hundreds of thousands of driver artners,4 Bhavish Aggarwal, co-founder and CEO of16Ola, said in a statement. Through this alliance, both Read More


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About ICICI Bank:

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 13,082 ATM's across India.

ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI) , an Indian financial institution, as a wholly owned subsidiary in 1994. The parent company was formed in 1955 as a joint-venture of the World Bank, India's public-sector banks and public-sector insurance companies to provide project financing to Indian industry.

The bank was initially known as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to the abbreviated ICICI Bank. The parent company was later merged with the bank.

Apply ICICI Bank Business Loan
It is a type of unsecured loan and helps to meet your current financial needs. You don't need any security/collateral while availing it. Personal Loan is your solution for instant cash and can be used for travelling, wedding, medical emergency, home renovation, or anything else.
Home Loan is a Secured loan offered against the security of a house/property which is funded by the banks and NBFCs the property could be a personal property or a commercial one. Home loans consist of an adjustable or fixed interest rate and payment terms.
Loan Against Property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. Banks and financial institutions offer this LAP, which can either be a residential/commercial building or a piece of land.
A Business Loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. Banks and other financial institutions are there to provide you with suitable lending assistance.
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