Smart EMI Car Loan
ICICI Bank’s new car loan scheme:
- The first bank in the country to introduce this facility
- ICICI Bank’s new car loan, is available for both corporates and salaried individuals
Private sector lender ICICI Bank has announced a new car loan facility, in association with TranzLease, an automobile leasing and mobility solutions company. Termed as ‘Smart EMI’, this next-generation auto loan will enable customers to drive a new car home at lower cost.This new loan facility by ICICI Bank will take care of the insurance and maintenance requirement of the vehicle during the financing period. This specialised and unique experience to the car enthusiasts and are happy to introduce ‘Smart EMI’ facility. A first-of-its-kind innovative financing option developed for the car enthusiasts to help them to take home a car of their choice on lease without having to worry about financing, insurance and maintenance. We believe, with introduction of this new proposition, customers will have a unique and hassle-free vehicle purchase experience.”
Here is all you need to know about ICICI Bank‘s Car loan:
Benefits of SMART EMI:
- Lower EMI versus same tenure Auto Loan
- All-inclusive EMI with full tenure insurance and maintenance
- No more unbudgeted and unforeseen expenses
- No risk of resale value
- Investing in depreciating assets zero
- Automotive experience