2001 Ford Ikon Engine Noise

Have local guy check it out

Unfortunately we don't have those cars here in U.S. Where we are based so have no info on them. However, remove the fan belt and start the engine if the noise disappears then it's in the drive or alternator water pump etc. You should never ever pour oil on a belt like you did as it ruins the belt. If you have serpentine drive which is a wide belt recommended replacement is 60k along with the tensioner if it's an automatic tensioner. 60k=60,000 miles if it makes noise while you drive then check wheel bearings and brakes, it could be rust on brakes or a dust shield rubbing against the rotor. A screeching noise isn't very describable to us especially since we can't hear it for one nor do you say when it happens like all the time or when driving etc. So do what I've suggested but I can't help much more.

Then disconnect the fan belt and if noise persists it's in the engine which if an overhead cam engine pull the valve cover and look at cam and cam bearings.

Ok I thought this car has it's own starter instead of one run by a belt. Unfortunately you'll have to use the long screwdriver trick to see if you can single out where the noise is coming from. Or take it to a mechanic where you are and have him have a go. But try the screwdriver trick around valve cover and it may let you hear the noise better if it's from there then it's a lack of oil from the valve train and should be looked at. Like I said we don't have those cars in U.S. And being a ford product I didn't think they would have that kind of starting system on it.

I have any further comments because I'm not familiar enough with it.