Money, just when you need it

Bank unsecured smart business loan is convenient and collateral free. It provides working capital assistance in two attractive variants payable in the form of equated monthly installments:

                       • Overdraft Facility
                       • Term Loan
Truly, a no-fuss loan for your business needs.

How SBL overdraft works:

The bank extend your account limit and you can withdraw any amount upto the limit sanctioned. The bank charge interest only on the amount utilized.

How will you pay business installment loan:

You will pay an equated monthly installment.

Who is it for:

If you are a Proprietor /Partnership/Private/ Public Co. Company, ICICI Bank Smart Loans offers overdraft facility upto Rs. 25 lacs without any security. You benefit from an attractive floating rate of interest which is payable only on the amount utilized.

Features of the Business Installment loan :

    •   Easy access money
    •   Working capital as an overdraft facility
    •   Period of 12 months
    •   Interest levied on the amount utilized
    •   Enjoy the flexibility to pay minimum 5*% per month
    •   Flexibility to open accounts at local branches
    •   Availability of local cheques
    •    Queries resolved at local branches

Benefits of Business installment loan:

    •   Term loan in the form of equated monthly installment
    •   Repayment tenure of 12-36 months
    •   Plan and control your cash flows