ICICI Bank Personal Loan
Based on 277 Customer Reviews
Published on: January 18, 2018
Based on 277 Customer Reviews
Published on: January 18, 2018
About the bank
ICICI bank was founded in 1994 and presently it is the third largest bank in India both in terms of assets and market capitalization. It offers a varied range of banking and financial products to retail and corporate customers. The bank has a network of over 4,050 branches and 14,050 ATMs across the country and has a presence in 19 countries including India. Their range of products and services cover bank accounts, credit cards, loans, insurance, trading and investments. ICICI bank is constantly recognized as one of India’s leading financial institutions.
ICICI Bank Personal Loans
If you are dreaming of a vacation, a grand wedding for your daughter or home renovation and need finances? Then there is no other easy and genuine way of getting the desired money then taking Personal Loan. ICICI bank personal loans can be taken by salaried individuals, self employed individuals and working professionals. ICICI bank offers personal loans with a flexible tenure, low interest rates and higher loan amount facility, all that a personal loan seeker would want in a personal loan scheme. The loan amount offered by ICICI bank will be credited to your account within a short period of time if you meet all of the bank’s personal loan eligibility criteria.What is Afinoz?
Afinoz.com is India's topmost online financial marketplace for availing loans and investments. Our main objective is to make the process of getting a loan or making an investment safer, convenient and hassle-free for individuals. We work with public and private banks, NBFCs and mutual fund houses across the entire country and offer an unbiased quotation on financial products. You can contact our team to get more information or apply for a loan or investment by calling on +918795021552 or by emailing at email@example.com. Afinoz.com provides solutions which are quick, reliable, transparent, confidential and above all free.
Feature and Benefits of ICICI Bank Personal Loan:
Personal loans are unsecured loan, which means there is no requirement of collateral. The loan amount offered can be used for any genuine purpose. Having such an advantage makes a personal loan the most opted and favorable one. Here are some features and benefits of taking a personal loan from ICICI Bank:
ICICI bank personal loan eligibility or ICICI bank personal loan interest rates can be easily assessed with Afinoz.com. If there is any query about ICICI bank personal loan application, you can log on to Afinoz.com or call us at +918795021552 or mail us at firstname.lastname@example.org and get all the details quickly.
We also offer other financial products such as Business Loan, Home loan, Personal Loan By SBI, Auto loan, Education loan, PNB Business Loan etc. from the top banks and NBFCs at the lowest possible interest rate with no hassle. Our aim is to make financial products reasonable and easily accessib to everyone. We promise to provide quick, reliable, transparent and confidential solutions without any charge. We provide Best Personal Loan In India.
For getting personal loan from ICICI bank, borrower’s need to fulfill certain parameters in order to be eligible for a personal loan from ICICI bank. The eligibility criterion for a salaried individual is different from that of a self-employed individual as follows:
ICICI bank personal loan eligibility for salaried individuals
ICICI bank personal loan eligibility for self-employed individuals
ICICI bank personal loan is an unsecured loan and therefore, there is no involvement of asset verification in the documentation process. For obtaining the maximum amount of loan, a borrower should produce the following documents according to their business profiles:
List of documents for Salaried Individuals
List of documents for Self-Employed Individuals
Apply for ICICI bank personal loan online at Afinoz.com. You can call us at +918795021552 or email us at email@example.com.You can check your eligibility and tentative EMI for ICICI bank personal loan using our utility tools like personal loan eligibility calculator and personal loan EMI calculator. We assure you of our best services without any hassle and effort at the click of a button from the comfort of your home or office. Once you complete and submit your Axis bank loan application throughAfinoz.com, you can effortlessly track your loan application status on our website on a real time basis, 24x7.
|ICICI Bank Personal loan Interest Rates, Jan 2018|
|ICICI Bank Personal Loan General -Interest Rates||For salaried and self employed 11.49 TO 22% PER ANNUM|
|ICICI Bank Personal Loan Tenure||12 TO 60 MONTHS|
|ICICI Bank Personal Loan Processing Fee||Up to 2.5% of the total loan amount + service tax|
|ICICI Bank Personal Loan Prepayment charges||5% per annum of principal outstanding + service tax|
|Minimum Income For ICICI Bank Personal Loan||Rs. 17500 PER MONTH|
|ICICI Bank Personal Loan Amount||UP TO 20 LAKHS|
|ICICI Bank Personal Loan Repayment |
Mode Swap Charges
|Rs. 500 per transaction + service tax|
|Additional Interest on late payment of ICICI Bank Personal Loan||24% per annum|
|ICICI Bank Personal Loan of Amortisation Schedule Charges||Rs. 200 per schedule + service tax|
|ICICI Bank Personal Loan Statement of Account Charges||Rs. 200 per schedule + service tax|
|ICICI Bank Personal Loan Prepayment/Foreclosure Statement Charges||Rs. 100 per schedule + service tax|
|ICICI Bank Personal Loan Duplicate No Objection Certificate/ No Due Certificate||Rs. 500 per NOC + service tax and Rs. 200 per NDC + service tax|
|ICICI Bank Personal Loan Duplicate Prepayment/Foreclosure Statement Charges||Rs. 200 per schedule + service tax|
|ICICI Bank Personal Loan Loan Cancellation Charges||Rs. 3000 + service tax|
|ICICI Bank Personal Loan EMI Bounce Charges||Rs. 400 per bounce + service tax|
Special Note: Rates are subject to periodic change. Personal loan interest rates in ICICI Bank and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score, to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with ICICI bank etc.
Why should you apply for ICICI Bank Personal Loan through Afinoz.com
Afinoz.com is one of India's leading personalized financial marketplace. It has created a personal loan platform which lets you choose the best personal loan from the multiple options available to you. All the options are system generated taking into consideration your specific needs and requirements.
Query-How can I apply for ICICI Bank Personal Loan online?
Reply-You can apply for ICICI bank personal loan online by simply entering your personal and financial details on our website or you can directly contact our team by calling us at +918795021552 or by emailing us at firstname.lastname@example.org.
Query-What is the minimum and maximum amount of personal loan that I can get with ICICI Bank?
Reply-ICICI Bank offers one of the highest quantum of loan amount to personal loan applicants. Salaried individuals can avail a loan of up Rs. 20 lakhs while self employed professionals can avail a personal loan of up to Rs. 40 lakhs. ICICI Bank provides personal loan according to the financial requirement of each applicant.
Query-What is the maximum tenure for which I can avail a personal loan with ICICI Bank?
Reply- ICICI Bank offers personal loans with a flexible tenure ranging between 12 to 60 months.
Query-Are the Personal Loan calculator tools of Afinoz.com free to use?
Reply- Yes, Afinoz.com loan calculator tools are completely free to use, as we don’t charge any fee for the services we provide.
Query-Can I know the EMI amount for my personal loan in advance?
Reply- Afinoz.com has a unique EMI calculator tool that offers EMI breakup for all loans by entering the loan amount, tenure and rate of interest. You can compare the EMI for different loan amounts and tenures with our tool and finalize the best suited plan as per your budget before applying for ICICI bank personal loan.
Query-Is my data safe with Afinoz.com?
Reply- Absolutely. Afinoz.com does not share data with any third party other than the financial institution you are applying. All data is sent with high level of encryption making it safe and secure at all times.
Query-After applying online with Afinoz.com, when will I get the loan amount and how long it will take ?
Reply- Afinoz.com immediately submits your ICICI personal loan application at your nearest ICICI branch. A representative from the us will get in touch with you soon to collect documents like salary certificate, identity proof etc. On submitting these documents, the bank initiates verification process and checks your CIBIL score and disburses the loan if you are deemed eligible. The process may take 48 to 72 hours.
Query-What is the pre-closure criterion?
Reply- The pre-closure charges are typically low for ICICI Bank when compared to other private banks in India. The bank levies a penalty of 5% on the remaining principal amount on pre-closure of personal loan. Prepayment is possible only after 6 EMIs. Part prepayment is not allowed.
Query-What is the average processing time for ICICI personal loan?
Reply- The bank claims to process applications without guarantee or security requirements within 72 hours of receiving the application.
Query-Is there a top-up option for personal loan from ICICI bank?
Reply: Yes, you can choose top up loan with minimal formalities once you have received a personal loan from ICICI Bank. The top up loan can be availed any time after the payment of the first 12 EMIs.
Query-What is the importance of CIBIL score in ICICI personal loan applications?
Reply: CIBIL score is a standard score, which ICICI Bank and other financial institutions use to determine the credit worthiness of an applicant. The bank will most likely request for your credit profile from CIBIL while processing loan applications. The interest rate and the loan amount are decided after the credit score of the applicant is taken into consideration.
Query-How much interest is charged by ICICI Bank on personal loan?
Reply: ICICI bank personal loan interest rates today ranges from 11.29% to 22.00% p.a.
Query-How much processing fee is charged by ICICI Bank on personal loan?
Reply: ICICI Bank charges a processing fee of 2.25% with applicable service tax on the total loan amount.
For any query about ICICI Bank personal loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at email@example.com.