To help customers buy vehicles during the festival season, ICICI Bank has launched a pre-approved loan facility for its savings account holders. The loan of up to ₹20 lakh will cover as much as 100 per cent of the on-road price of the car.

“The bank disburses the loan amount within four working hours,” ICICI Bank said in a statement on Wednesday. Customers can avail the car loan facility at any auto-dealership across the country and check their pre-approved loan eligibility using their account number.

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