What are the Car OD product features?
• Revolving Credit Facility: Only product which offers a clean revolving credit facility in a Banking account based on any one or more of the following • Income base (Based on income of the applicant) • Credit behaviour (past repayment track records with approved financiers) • Surrogates (Credit Card / Bank Statements of applicant) • Cash Advance: This product provides the customer Car overdraft through ICICI Bank and ICICI Bank ATMs across the country. The entire credit limit can be withdrawn as a Cash advance. Cash can also be withdrawn through the Bank’s branches across the country. • Multicity Banking: Customer will be issued Multicity chequebooks on request at no additional cost. • Repayment: Customer will have the flexibility of paying the entire outstanding lumpsum or repaying the minimum outstanding of 5% as billed each month, till the end of the tenor of the OD facility. • Cheque Drop Box Facility: Cheque Drop Boxes are placed at convenient locations; customers can use these D
