ICL offers two wheeler vehicle loan up to 75% value of the vehicle with attractive interest rate for a period of one year. The repayment is calculated on EMI basis. Such loans are extended to select customers only who are salaried, professionals or self-employed.
In the year 1991, the Company forayed into the non-banking financial sector (NBFC) with the approval of the Reserve Bank of India. Today, ICL Fincorp, is one of the leading Gold Loan oriented Non-Banking Finance Companies (NBFC) in South India. Few decades back on a strong launching in Chennai and Kerala, ICL Fincorp has expanded its operations in terms of business volume and also geographical reach.