ICICI Home Finance unveils loan against property for manufacturers and traders in Chandigarh

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Chandigarh, December 3, 2019: 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.

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.”

Date: 
Tuesday, December 3, 2019