ICICI Bank to organise 2000 Maha Loan Camps - Know how to avail big benefits

ICICI Bank has announced the launch of ‘Maha Loan Dhamaka’, an initiative to provide a bouquet of on-the-spot loan approvals and exclusive manufacturer-led offers including Hyundai Motors India Ltd. in semi urban and rural locations, and at large corporate premises to individuals, including non-customers of the Bank. The Bank will host around 2000 such ‘Maha Loan’ camps across the country by end of March 2020.

How to get Maha Loan:
Every camp will be a two-day affair where individuals can walk in with requisite documents and walk out with on-the-spot approval to finance their dream products. The Bank has kick-started the ‘Maha Loan Dhamaka’ today by inaugurating the first camp at Deesa at Banaskantha district in Gujarat.

Bank offers:
The Bank provides a comprehensive bouquet of exciting offerings and special packages on two and four wheelers, trucks, farming equipment and tractors, personal loan, gold loan and Kisan Credit Card at the ‘Maha Loan Dhamaka’. These ‘Maha Loan’ camps are one-stop shops for people from the surrounding towns/ villages to access the entire range of the Bank’s tailor-made products and services. In large corporate premises, the Bank offers instant approvals for loans---home, personal, two and four wheeler—and credit cards.

The ’Maha Loan’ camps put on display vehicles of reputed brands both at the rural locations as well as corporates.

Key highlights of the offers at the ‘Maha Loan Dhamaka’:

Benefits on two-wheeler, truck and equipment loans:
1. Zero processing fee
2. Easy EMI
3. Instant loan up to 100% of on-road price of two-wheeler, up to 95% of the truck cost, up to 85% of the equipment vehicle cost

Benefits on auto, gold, personal and tractor loans:
1. Flat processing fee of Rs. 999 on auto loan, Rs. 1499 on personal loans and Rs. 2000 on tractor loan (exclusive of taxes)
2. Special offers on select four-wheeler models from manufacturers including Hyundai Motors India Ltd.
3. One year subscription of Gaana.com and SONY LIV
4. 50% reduction on processing fees for gold loans above Rs. 2 lakh

Benefits on Kisan Credit Card:
1. 50% discount on processing fee and zero technical and legal verification charges
2. KCC overdraft facility for five years, subject to annual review

Watch Zee Business Live Video below:

Other highlight:
Interestingly, on taking a loan, customers can participate in a quiz through SMS. Where, top 100 winners of the quiz competition will get an opportunity to meet the Bank’s celebrity brand ambassador, Shah Rukh Khan