1. No Hidden cost. 2. Fast processing. 3. Attractive rate of interest with lowest emi. 4. No security/ no guarantor required. 5. Flexible repayment options of 12 -60 months. |
Interest Rates | 11.59 - 17.50% |
Processing Fee | Rs.999 for Special offers otherwise 1% - 2.5% |
Forclosure charges | Nil – 5.00% |
Repayment | 5 Years |
Loan Amount | 20 Lakh |
Min. Income | 20000 pm |
ICICI Bank Personal loan Interest Rates 2023 |
||
Interest Rates | Pre Payment Charges Charges |
Processing Fees |
16% (Salary Above 75,000) 16.5% (Salary 50,000 -75,000) 17% (Salary 35,000 - 50,000) 17.5% (Salary 20,000 -35,000) 11% - 14.99% (Special rates for Loan Amount b/w 5 lacs - 20 lacs) 11.29% - 11.7% (BT rates for listed company) |
Rs.999 for Special offers otherwise 1% - 2.5% | Rs.999 for Special offers otherwise 1% - 2.5% |
Eligibility Criteria | Salaried | Self Employed |
Age | 23 - 58 Years | 25 - 65 years |
Salary | Minimum 20,000 pm (Rs.25,000 for customers residing in Delhi & Mumbai) (Listed Companies) Rs. 40,000 for Non-Listed Companies in All Locations |
Rs.40 lac for non professionals, Rs.15 lac for professionals |
Profit After Tax |
|
Rs.2 lac for prop firm/self employed individuals, Rs 1 lac for non professionals |
Eligibility |
ICICI Bank Salary Account Holder, Customers having asset relationship with ICICI Bank (availed Home Loan, Car Loan and/or Auto Loan), Salaried customers with ICICI Bank Savings Account or Salaried customer having no relationship with ICICI Bank |
Minimum 1 Year liability relationship (current or savings account) or asset (loan) relationship, either live or closed in the last 6 months. |
Years in total job / profession | 2 Years | 3 years for Doctors & 5 years for others |
List of documents for Salaried: | List of documents for Self-Employed: |
|
|
Prepayment of loan: Yes, you can prepay the entire loan outstanding anytime after paying 6 installments.
How much time will it take for my loan to be approved?
Loans are approved within 72 hours of submission of complete documentation.
Available Products of ICICI Bank are:
• ICICI Personal Loan
• ICICI Home Loan
• ICICI Car Loan
• ICICI Credit Card
• ICICI NRI Home Loans