Loan Details

Interest Rate

17% onwards

Processing Fee

Up to 2.00%



Up to 5.00%


1 to 7 years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
ICICI Bank Business Loan
  • Age: From 25 to 65 years.
  • Credit score: 750 and above.
  • Employment: Salaried or self-employed
  • Income: ₹ 60,00,000 turnover for business and INR 15 lakh for salaried.
  • Work experience: For salaried- 2 years of job stability and For
    self-employed- 3 years of business stability 


All the applicants are required to submit the below-listed documents with ICICI Bank -

  • Filled up ICICI Bank business loan application form
  • Recent Photographs
  • ITR of previous 2 years
  • Proof of Identity
  • Proof of Residency
  • Proof of Signature Authenticity
  • Business Plan

Income/ Business related documents

  • Business plan
  • Proof of Business establishment
  • Proof of business continuity (Bank Statement, ITR, Certificate of Incorporation, Sales Tax Challan etc.)
  • C.A. Certified Financial documents (Profit and Loss Statements, Balance Sheet, Periodic Stock, Creditor’s Statement etc.)

Proof of Residential Address (for all borrowers)

  • Utility Bill
  • Receipt of Property Tax
  • Approved Building Plan
  • Valid Passport
  • Voter ID
  • Registered Rent Agreement

Birth Date Proof (for all borrowers)

  • Driving License
  • Valid Passport
  • Voter ID
  • Aadhar Card

Property documents (for all borrowers)

  • Registered Sale Deed
  • Lease Deed
  • Conveyance
  • Past Sale Deeds
  • Receipt of House Tax Return
  • Building Plan approved by Municipal Corporation

The loan verification process involves:

  • Complete the application form and upload it on the official website. Submit copies of all the documents needed for the application verification. It can be done by signing up on
  • Our representative will get back to you within 1 day and schedule visits for collecting the document copies.
  • The officials will verify the documents. They may visit the property if necessary.
  • Once your application is approved, the loan amount will be credited to your account, and you will get a copy containing all the details of loan interest, repayment tenure and so on.

ICICI Bank provides business loans at an interest rate of 16.49% onwards.