What is the eligibility criteria for applying for a loan with ICICI Bank Canada?

Asked 6 months ago
To be eligible for a loan with ICICI Bank Canada, certain criteria must be met. Firstly, applicants must be at least 18 years old and have a valid Canadian Social Insurance Number. Additionally, applicants need to have a steady source of income, whether they are salaried employees or self-employed individuals. The minimum income requirement varies based on the type of loan being applied for. Furthermore, applicants must have a good credit history, as ICICI Bank Canada takes into account an individual's creditworthiness when considering loan applications. Finally, applicants should have a Canadian residential address and a Canadian bank account. Meeting these eligibility criteria will increase the chances of loan approval with ICICI Bank Canada. For more detailed information, potential borrowers are recommended to contact the bank directly.
Answered Nov 2, 2023

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