Upto Rs.40 Lakhs – ICICI Personal Loan | Apply Now

ICICI Bank owns about 5000+ branches all over India. You can just search on google by typing the branch IFSC code, phone number, etc. details to visit and get your work done instantly.

In this post, we’re going to cover the in-depth details of how to apply for a personal loan in ICICI, its procedure, and lastly the FAQs related to the post details that will clear all your questions related to ICICI loan.

Loan Details

Sr. No.CategoriesValues
1Maximum amount of loanUp to 40 Lakhs
2Minimum amount of loanRs 25,000
3Tenure10 to 40 months
4Interest rates10.5-20 percent
5Lowest EMIsRs 2137 per lakh
6Processing FeesTill 2.25% + Extra charges
7Minimum/Maximum Age23/75 years old
8Penal interest6% per annum
9Cheque swap chargeRs 500 + GST
10IncomeRs 25,000 or above

Features of ICICI Bank Personal Loans:

  • A maximum loan amount up to 25 lakhs
  • Repayment period till 72 months
  • Easy balance transfer available
  • Lowest EMI as compared to other banks
See also  Upto Rs.15 Lakhs - Induslnd Bank Personal Loan | Apply Now

How to apply for ICICI Personal Loan?

Kindly follow the steps below to apply for a personal loan instantly at ICICI bank:

Step-1: Check once if you have a pre-approved offer– If you don’t yet have on, go on the site to fill out a personalized loan request.

Step-2: Fill up then make an application for a private loan, and verify your suitability– Choose the amount of the loan and the term that best suits your needs.

Step-3: Track the progress of your personalized loan acceptance– If your request is successful, your loan amount will be deposited into your current savings account.

Eligibility Criteria

The following are the eligibility criteria to get personal loan from ICICI bank

For salaried applicants:

  1. Age should be between 23 to 75
  2. Minimum 2 years of professional experience
  3. Monthly income should be of 30,000rs

For Self-employed applicants:

  1. Age should be between 23 to 75 and for doctors it should be of 28 to 75
  2. Minimum 5 years of professional experience and for doctors it should be of 3 years
  3. Minimum turnover should be of 40 lakhs per annum and 15 lakhs per annum for non-professionals and professionals respectively
See also  A to Z about ICICI Lombard Health Insurance | Buy Now

Why should you get a personalized loan from ICICI?

  • Instantaneous digital procedure
  • Assistance as quickly as possible
  • There are no restrictions on how you can use it, and the interest rate is low
  • Various tenure possibilities are available
  • The EMI is low

ICICI Bank comparison with other banks

Sr. No.Bank NameRate of InterestTenureProcessing charges
1Axis10.4 – 25%12 to 55 months2% +GST
2HDFC10.5 – 21.6%12 to 60 months2.5% +GST
3CitiBegin from 10.5%12 to 60 months2.5% +GST
4BajajBegin from 13%12 to 55 months2.23% +GST
5SBI9 – 16%12 to 60 months1.5% +GST

Mandatory Documents for the application of ICICI Personal Loan

To apply and gain a personal loan in ICICI, some essential documents are needed by the authorities to verify the existence and true details of an applicant. The list of the documents mandatory are mentioned as:

See also  Interest Rate @2% - Nira Instant Personal Loan

For salaried applicants:

  1. 2 Passport sized photographs
  2. Identity Proof (Voter id/Adhar card/Driving license)
  3. Residential proof (License/Passport)
  4. Income proof (Bank statements/Salary slips)

For self-employed applicants:

  1. KYC (Identity proof/DOB proof/Address proof)
  2. Residential proof (License/Passport)
  3. Income proof (Bank statements/Salary slips)
  4. Other proof (Office address)

What type of Personalized Loans do ICICI Bank offer?

  1. New Personal Loan
  2. Top-up Loan
  3. Balance Transfer
  4. Fresher Funding
  5. Flexicash
  6. NRI Personal Loan
  7. Pre-Approved Loan
  8. Business Loan
  9. Pre-Qualified Loan

Contact Details of ICICI

Number: +91-265-6722286

Official webpage: Visit now

Download app: Download Now

Check the status of Personal Loan

You can easily keep a track of your application for a personal loan in ICICI bank through this mentioned button:

FAQs

1]. What is the procedure for activating my user id?

If you already created an account, your Online Account User ID/Password can be found in the Welcome Material you received at the time of account opening.
If you have forgotten your User ID ID or password and have a registered phone number, you can receive your User ID and set the new password immediately right away.

2]. Is there a way for me to sign up for Banking Notifications?

Yes, you can sign up for all or some of the services:

  • Account is being debited
  • Accounts are being credited
  • Salary credit data
  • Check bounce alert

3]. What online transactions can I carry out with ICICI?

You can carry out the online transactions of Banking, Bill Payments, Credit cards, Demat.

4]. Does ICICI provide any pre-approved offer plan for personal Loans?

Yes, ICICI does provide it. Visit the site or any nearer branch for further info.

5]. Is any collateral or security needed to get a personal loan?

No, collateral or security is not required for getting a personal loan.

Leave a Comment