Eligibility
- The applicant should be between 18 and 75 years of age.
- The applicant should have Valid Email id and Mobile no.
Demat Shares
- Only Individuals can apply. [Hindu Undivided Families (HUFs), Companies, Partnerships, Sole Proprietors are specifically excluded.]
- Loans are granted only against the list of approved scripts, as determined by ICICI Bank.
Mutual Fund Units
- For Equity oriented funds – Only Individuals can apply. [Hindu Undivided Families (HUFs), Companies, Partnerships, Sole Proprietors are specifically excluded.]
- For Debt Funds/FMP/ETF – Individuals, Hindu Undivided Families (HUFs), Companies, Partnerships and Sole Proprietors can apply.
- Loans are granted only against the list of approved Mutual Funds/ schemes, as determined by ICICI Bank.
Life Insurance Policies
- For life insurance policies, Individuals, Companies, Partnerships, Sole proprietorships, Hindu Undivided families (HUFs) can apply.
- Loans are granted only against the list of approved insurance policies, as determined by ICICI Bank.
GOI Bonds
- Individuals and Hindu Undivided Families (HUFs) can apply.
Sanctioning
- Your loan will be sanctioned on completion of all the documents.
- You will be asked to fill the loan agreement and complete the account opening formalities.
You will be able to enjoy all the benefits of a current account such as a
- A personalized cheque book
- Mobile banking facility
- Phone banking facility
- Internet Banking facility