ICICI Home Finance unveils Loan Against Property for manufacturers & traders in Chandigarh


ICICI Home Finance unveils Loan Against Property for manufacturers and traders in Chandigarh


Traders can avail loans from INR 3 lacs upto INR 15 lacs

Minimum income required for salaried – 84,000 p.a.; self-employed – 1 lakh p.a.

ICICI Home Finance Company Limited (ICICI HFC) announces the launch of Loan Against Property (LAP) scheme for self-employed individuals – automotive parts manufacturers and traders, textile manufacturers and traders, shopkeepers, kirana shops, dentists, other traders and salaried residents in Chandigarh. This will help them open new businesses, expand their current operations or settle immediate financial requirements. The ICICI Home Finance LAP scheme can be availed by residents with a salaried income of Rs. 84,000 per annum and more or by those self-employed (businessmen, traders) earning Rs. 1 lakh per annum and more.

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For quick and easy sanction process the company is organizing a two-day LAP camp at their Chandigarh branch at ‘2nd floor, SCO 337-38, Sector 35-B, Chandigarh – 160022’ on December 5 & 6.

Salaried employees, businessmen and traders should carry their ITR, PAN Card, Aadhar Card to check their eligibility. Also, first time borrowers and customers with no formal proof of income (ITR), requiring a loan for their house or business expansion can walk-in to ICICI HFC branch.


Speaking about the launch of LAP in Chandigarh, Mr. Anirudh Kamani, MD & CEO, ICICI Home Finance Company Limited, said, “Our Loan Against Property scheme is aimed to help the ambitious businessmen and traders who are keen expand their business’ or settle their financial needs. Chandigarh is well known for its automotive parts manufacturer, textiles and furniture industries and we look forward to help the SME sector and these businessmen scale new heights.”

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ICICI Home Finance unveils Loan Against Property for manufacturers & traders in Chandigarh

About ICICI Home Finance Company Limited


ICICI Home Finance Company Limited (ICICI HFC) is a Housing Finance Company registered with National Housing Bank (NHB) and is a wholly-owned subsidiary of ICICI Bank Ltd.

A part of the 65-year old ICICI Group, the vision of ICICI Home Finance is to make the dream of owning a new home come true, for millions of Indians. The primary business of the Company is to provide a range of home loans and home improvement loans, office premises loans, home equity loans to customers and construction finance to developers. It also offers services related to these loans like home and commercial property search service. Today, the Company has over 1,590 employees and 140 standalone branches, including 16 zonal offices in the country.

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