ICICI Bank Personal Loan

Personal Loan at 9.99%*

Apply & Get Instant Approval

ICICI Bank Personal Loan Features

Eligibility Criteria Details
ICICI Bank Personal Loan Interest Rate 9.99% p.a.
Lowest EMI per lakh Rs 2124
Tenure 12 to 60 months
ICICI Bank Personal Loan Processing Fee 1% to 2% of Loan Amount
Prepayment Charges Allowed after 12 Months (2 – 4 %)
Part Payment Charges Allowed after 12 Months (2 – 4 %) 
Min Loan Amt ₹ 50,000
Max Loan Amt ₹ 75 Lakh

Features:

  1. Loan up to 15 Lac*
  2. Attractive Interest Rate & Processing charges
  3. Easy documentation
  4. Speedy loan processing
  5. Hassle free loans – No security/collateral required.
  6. Flexible repayment options
  7. Part Payment Option upto 25% of principle outstanding in a year*
  8. Personalized and professional service
  9. Special Schemes for salary account holders with ICICI Bank.

Documents Required

ICICI Bank provides you with personal loan to fulfill your dreams with minimum documentation*:

List of documents for Salaried:

  1. Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  2. Latest 3 months Bank Statement (where salary/income is credited).
  3. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  4. 2 Passport Size photographs
  5. Salary slips for last 3 months.

List of documents for Self-Employed:

  1. KYC Documents: Proof of Identity; Address proof; DOB proof.
  2. Income proof (audited financials for the last two years).
  3. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  4. Latest 6 months Bank statement.
  5. Office address proof.
  6. Proof of continuity of business
  7. Proof of residence or office ownership.

Eligibility Criteria

Eligibility Criteria for Salaried Individuals

Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies.

  1. Minimum age of Applicant: 25 years
  2. Maximum age of Applicant at loan maturity: 60 years
  3. Minimum employment: Minimum 3 years in employment and minimum 1 year in the current organization
  4. Minimum Net Monthly Income: Rs. 30,000/- ( Rs. 3.6 Lac Annual Income)

Eligibility Criteria for Self Employed

Self employed (Professionals) include self – employed Doctors, Chartered Accountants.

  1. Minimum age of Applicant: 25 years for Chartered Accountants and 27 years for Doctors.
  2. Maximum age of Applicant at loan maturity: 65 years
  3. Years in profession: 3 to 5 years depending on profession
  4. Minimum Annual Income: Rs. 200000/- p.a.

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