ICICI Bank Personal Loan ICICI Bank Personal Loan

ICICI Bank offers wide variety of loans products to suit your requirements. ICICI Bank personal loans are easy to get and absolutely hassle free. With minimum documentation you can now secure a Loan for an amount upto Rs.20 lakhs. An ICICI Bank Personal Loan is your one-stop-shop for fulfilling all your financial aspirations!

Features and benefits of ICICI Personal Loan
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.
₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 03 October 2023)
Instant Apply for ICICI Bank Personal Loan @ Lowest Rates & your CIBIL score absolutely FREE.
Loan Amount
Employment Status

ICICI personal loan details:
Interest Rates11.59 - 17.50%
Processing FeeRs.999 for Special offers otherwise 1% - 2.5%
Forclosure chargesNil – 5.00%
Repayment5 Years
Loan Amount20 Lakh
Min. Income20000 pm

ICICI Bank Personal loan Interest Rates 2023

Interest Rates Pre Payment Charges
(Salary Above 75,000)
(Salary 50,000 -75,000)
(Salary 35,000 - 50,000)
(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 for ICICI Personal Loan

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


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

Documentation required for ICICI Bank Personal Loans:

List of documents for Salaried: List of documents for Self-Employed:
  • Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Latest 3 months Bank Statement (where salary/income is credited).
  • Salary slips for last 3 months.
  • 2 Passport Size photographs.
  • KYC Documents : Proof of Identity; Address proof; DOB proof.
  • Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Income proof (audited financials for the last two years).
  • Latest 6 months Bank statement.
  • Office address proof.
  • Proof of residence or office ownership.
  • Proof of continuity of business.

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

Head Office :
ICICI Towers
Bandra Kurla Complex, Bandra (EAST)
Mumbai- 400051
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

Know the Rate of interest charged by major banks for Personal Loan