An ICICI Bank Personal Loan helps you meet your diverse financial needs during an urgent situation or emergency. It is an unsecured loan and can be used for marriage expenses, paying the medical bills, going for your dream vacation or renovating your home. Irrespective of what your personal financial goals are, ICICI Bank Personal Loan offers you the perfect solution.
Apply for a Personal Loan of up to Rs 25 lakh and meet personal expenses that can crop up anytime in life. The quick approval process of ICICI Bank Personal Loans ensures you have an easy borrowing experience. Also, with our instant Personal Loan online services, you can get instant approvals.
Following individuals are eligible to apply for an ICICI Bank Personal Loan:
Bank | ICICI Bank |
Interest Rate (PA) | 10.25% to 16.75% |
Loan Amount | 50 Thousand to 25 Lakhs |
Processing Fees | Up to 2.25% per annum of loan amount Plus GST |
Part-Payment | Not available |
Pre-closure charges | 5% per annum of Principal outstanding plus GST |
Lock-in Perod | 6 Months |
Tenure | 12-60 Months |
If a person borrow a loan of Rs 10,00,000/- with a rate of interest 10.75% per annum for 60 months. Then monthly EMI is Rs.21,618/- per month.