ICICI BANK
ICICI Bank (Loan Against Securities)
        
Loan Against Securities offers you instant liquidity. You donít have to sell your securities. All you have to do is pledge your securities in favour of ICICI Bank. We will then grant you an overdraft facility up to a value determined on the basis of the securities pledged by you. A current account will be opened and you can withdraw money as and when you require. Interest will be charged only on the amount withdrawn and for the time span utilised. Read the terms and conditions and make an application today. Click here for more information.
Location: India
Lender/Broker: Lender
Advantages:
1. This facility is available against the several securities
2. Easily apply online
3. You donít have to sell your securities
Disadvantages:
1. The rates vary according to the product-variant.
Services:
You need to open an ICICI Bank Overdraft Current Account, in which the credit limit for you will be set.

APR: Ask on applicationInterest Type: Fixed Rate
Min Tenure: 1 YearMax Tenure: Renew
Loan Amount: Up to Rs.5 CroreProcessing Fee: Rs.3000
Min Annual Income: Ask on app
EMI Equated Monthly Instalment: Ask on app

Secured Loan: YesUnsecured Loan: No

Terms and Conditions:
The applicant should be between 18 and 75 years of age.
Identification:
You will be asked to fill the loan agreement and complete the account opening formalities.
Suitable:
If you do not want to sell your securities.
Restrictions:
The applicant should be a subscriber to a telephone (landline) either at residence or office.
        
REVIEWS
ICICI Bank (Which Way To Pay India - 15/8/2013)
ICICI Bank is ranked 4 out of 5. Based on 1 review.

4 Star Rating
ICICI Bank (Which Way to Pay India - 28/5/2013)
ICICI Bank is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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