ICICI Personal Loan Policy | Interest Rates | Documents | Eligbility | Information
ICICI Bank New Personal Loan Policy – Compare Documents, Eligibility and Interest Rates. New Product of ICICI for Salary Segments Profile. Apply Online For personal loan.
Eligibility ICICI Bank New Personal Loan:
A customer who meets any one of the following conditions is eligible.
1. Salaried individuals* with ICICI Bank corporate salary a/c
2. Salaried individuals (excluding Armed Forces) with other bank salary a/c & not
having any ICICI Bank asset relationship (New to Bank), meeting CIBIL criteria
3. Salaried individuals having ICICI Bank PL / AL / HL track & with other Bank
salary a/c
* – Employees of Govt Entities & Armed forces can be sourced.
Income Criteria For ICICI Bank-
|
Employees of |
ICICI Bank Corporate Salary a/c customers |
Salary a/c with other banks meeting CIBIL criteria |
|
Min 20,000 pm |
Min 40,000 pm |
Documents and Other Details as Follows –
- 2 years employment proof
- Salary Account vintage > 6 months
- Residence Stability – 1 year unless house is owned and documented
- Current employment – mimimum 1 year
Phone Connection – Phone connection mandatory at Residence and Office. Residence Landline No. or Post Paid Mobile Bill compulsory.
References: Two local references.
Relative includes: Spouse, father, mother including step-mother, son including step-son,son’s wife, daugter including step daughter, daughter’s husband,brother including ste-brother,brother’s wife,sister include step sister, sister’s husband,brother including step- brother of the spouse and sister including step- sister of the spouse.
Residence Norms:
Residence must be self owned subject to the following exceptions:
1. if the applicant is staying with family
2. if the applicants age is above 28 years and net salary >Rs. 50000/-
PA FI should be positive OR Tele-verification with documentary proof in family name at PA (RLG location) should be positive.
LOAN ELIGIBILITY
Loan Amount: Rs.1 lac to 15 lacs
Maximum Live Loans with ICICI Bank -2 personal loans.
Additional requirement for employees of software companies – Passport Copy, EmployeeID, personal and company email id
BPO- Manager gradeor above unless customer has a PL/HL/ALtrack
Additional Norms for Salaried Individual shaving Personal loan track with ICICI Bank
- ICICI PL track meeting the following norms:
◦ Minimum seasoning of 24 months
◦ Track should be live or closed within the last 12 months
◦ No cheque bounces
- Applicant should be officer / executive grade
- All existing PL with ICICI Bank needs to be foreclosed before disbursement of the proposed loan
Home loans should be fully disbursed/ RC book should be updated for Car Loans
