ICICI Bank to organise ‘Maha Loan Dhamaka’ camp in Bhubaneswar

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• The Bank to approve a variety of loans on the spot to individuals, including non-customers
• Top 100 winners of a quiz competition meet the Bank’s brand ambassador Shah Rukh Khan
• This is a part of the Bank’s initiative to organize 2000 ‘Maha Loan’ camps this financial year

Bhubaneswar : ICICI Bank today announced that it will organise ‘Maha Loan Dhamaka’ at Sahid Nagar Durga Puja field in Bhubaneswar, between December 20 to 21, 2019 to give individuals, including non-customers, access to a comprehensive bouquet of exciting offerings and special packages on two and four wheelers, trucks, farming equipment and tractors, gold loan and Kisan Credit Card.

Individuals can walk in with requisite documents and walk out with on-the-spot approvals to finance their dream products at the ‘Maha Loan’ camp at Sahid Nagar, which will remain open from 9:00 AM to 6:00 PM.

The Bank will approve a bouquet of loans on the spot to individuals after doing proper due diligence. It will also provide some exclusive offers from manufacturers including Hyundai Motors India Ltd . In other words, the ‘Maha Loan Dhamaka’ at Bhubaneswar will be a one-stop shop for people from the surrounding towns/ villages to access the entire range of the Bank’s tailor-made products and services. On taking loan, customers can participate in a quiz through SMS. Top 100 winners of the quiz competition will get an opportunity to meet the Bank’s celebrity brand ambassador, Shah Rukh Khan.

The camp at Bhubaneswar is part of the Bank’s drive to host around 2000 ‘Maha Loan Dhamaka’ in semi urban and rural locations as well as large corporate premises to individuals, including non-customers.

Speaking on the initiative, Mr. Anup Bagchi, Executive Director, ICICI Bank said, “We are hosting the ‘Maha Loan Dhamaka’ with the objective of providing easy access to loans to people across the country. In this endeavor, we are taking our unique proposition of instant loans and on-the-spot-approvals to the doorstep of potential customers across the country in semi-urban and rural areas, as well as to salaried employees of corporates. We believe that we are offering an unparalleled experience of a unique combination of easy access to finance, exclusive deals on vehicles from manufacturers and an array of further benefits, including meeting the Bollywood superstar. We aim to undertake around 2000 such camps by end of March 2020.”

The ’Maha Loan’ camp at Bhubaneswar will put on display vehicles of reputed brands.

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

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

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

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

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