Description

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. 

  • Loan offerings to salaried and self-employed both
  • Paperless approval policy
  • Balance transfer and top-up available after 6 EMIs
  • Loan amount starting from ₹25,000 to ₹ 20 Lakh
  • No collateral required (Unsecured loan)
  • Instant e-approval

ICICI Bank Personal loan Interest Rates & Charges

What is the Personal Loan Interest Rate in Icici Bank ?
ICICI Bank Personal Loan General -Interest Rates For salaried and self-employed 10.99%-18.49% Per annum
ICICI Bank Personal Loan Tenure 12 to 60 months
ICICI Bank Personal Loan Processing Fee Up to 2.25% 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

ICICI Bank Personal Loan Fees and Charges

  • The icici personal loan interest rates start from 11.25 %
  • The processing fee charged for icici personal loan is up to 2.25 % of the loan amount , plus the applicable GST
  • The prepayment charge for an icici bank personal loan is fixed at 5 % of the principal outstanding , plus GST as applicable
  • Loan cancellation charge for an icici  personal loan is Rs 3000 in addition to the applicable GST
  • Additional interest levied on late payment of an icici bank personal loan is 24% per annum
  • The icici personal loan emi bounce charge is fixed at Rs 400 plus GST
  • The icici bank personal loan repayment mode swap charge is Rs 500 + GST

Apply for ICICI Personal Loan

ICICI Bank Personal Loan Eligibility Criteria

For getting a 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:

1#. ICICI bank personal loan Eligibility for Salaried Individuals

Age limit 23 - 58 Years
Net salary
  • Minimum monthly income of Rs.17,500 (Rs.25,000 for applicants residing in Mumbai and Delhi
  • Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune, and Kolkata)
Work Experience 2 years
Years in current residence 1 year
Maximum Loan Amount ₹ 50,000 to ₹ 30 Lakh

2#. ICICI bank personal loan eligibility for self-employed individuals

Age limit Minimum 28 years to maximum 65 years
Minimum turnover Rs. 40 lakh for non-professionals; Rs. 15 lakh for professionals; as per audited financials
Minimum profit after tax Rs. 2 lakh for Proprietorship Firm/Self-employed Individuals and Rs. 1 lakh for non-professionals as per audited financials
Business stability self-employed individuals should be in current business for at least 5 years, 3 years for doctors
Existing relation with ICICI bank Minimum 1-year liability relationship

 

Read More: ICICI Bank Personal loan Eligibility Criteria

ICICI Bank Personal Loan Document Required

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
  • Proof of Identity: Passport / Driving License / Voters ID / PAN Card (anyone)
  • Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (anyone)
  • Latest 3 months Bank Statement (where salary/income is credited)
  • Salary slips for last 3 months
  • 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 (anyone)
  • 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

Feature and Benefits of ICICI Bank Personal Loan

A personal loan from the ICICI bank can be availed at a very low cost and that too in no time, without an obligation of pledging a guarantee or a security. A personal loan can serve as a medium to pay for your long-awaited luxury holiday with your family or for a lavish wedding celebration.

Here are some of the unique features of the ICICI Personal Loan:

  • Affordable Rate of Interest – ICICI Bank offers one of the lowest interest rates in the market and ensures the rates will be fixed for a monthly reducing basis during the tenure of the repayment
  • Minimal Documentation – The documentation required by the bank is at minimum and constitutes of nominal income and residential documents
  • Fast Approval and Quick Disbursal – ICICI Bank claims that in case of an application duly filled and submitted, the bank requires as less as just 3 seconds to disburse the amount
  • Flexible Repayment Tenors – The ICICI Personal Loan comes with flexible repayment options starting from 12 months up-to 60 months
  • Easy Repay Structure – ICICI bank allows it’s customers to schedule their EMI payments through various modes like Post Dated Cheques (PDC), ECS or auto debit for automatic payment

Some of the benefits of the ICICI Personal Loan:

  • Personalized Loan Offer: ICICI Bank believes that for variable needs, customers require customized personal loans which will suit their monthly expenses and repayment period
  • Lowest EMI: ICICI Bank personal loan offers a lowest EMI of ₹ 2,187 on a loan amount of ₹ 1 Lakh, which includes all major fees and charges for the loan approval
  • Low processing fees: ICICI Bank levies only 2% of the entire loan amount as the processing fee
  • Balance Transfer and Top-up: ICICI Bank provides you an opportunity to transfer your existing high-cost loan to ICICI at a lower rate of interest. A top-up loan on an existing loan can also be availed after payment of 6 EMIs for the existing loan

ICICI Bank Personal Loan EMI Calculator

ICICI Bank Personal Loan EMI calculator is one of the simplest and easy to use feature made available to it’s customers. The formula which is used here includes the processing fees, the anticipated rate of interest and the tenure for which the amount of loan is to be availed. The EMI calculator will ask about the amount you wish to borrow and the total number of months over which the amount is to be repaid, on the basis of this information the calculator will provide various applicable monthly instalments varying according to the tenure of the loan repayment.

 

Amount of ₹ 2,00,000 @ 11.25% p.a

Loan Amount

ROI @ 11.25%

Tenure (Months)

Repayment

EMI

Interest

₹ 2,00,000

0.009(Effective rate per month)

12

₹ 2,12,395

₹ 17,699

₹ 12,395

₹ 3,00,000

₹ 3,18,593

₹ 26,549

₹ 18,593

₹ 4,00,000

₹ 4,24,791

₹ 35,399

₹ 24,791

₹ 5,00,000

₹ 5,30,989

₹ 44,249

₹ 30,989

₹ 10,00,000

₹ 10,61,979

₹ 88,498

₹ 61,979

 

Comparative:

Bank

Loan Amount

ROI

Tenure (Months)

Repayment

EMI

Interest

ICICI

₹ 2,00,000

11.25%

12

₹ 2,12,395

₹ 17,699

₹ 12,395

HDFC

15.50%

₹ 2,17,186

₹ 18,098

₹ 17,186

SBI

12.25%

₹ 2,13,517

₹ 17,793

₹ 13,517

IndusInd

14.5%

₹ 2,16,054

₹ 18,004

₹ 16,054

Axis

14.5%

₹ 2,15,489

₹ 17,957

₹ 15,489

 

Bank

Loan Amount

ROI

Tenure (Months)

Repayment

EMI

Interest

ICICI

₹ 5,00,000

11.25%

24

₹ 5,60,687

₹ 23,362

₹ 60,687

HDFC

15.50%

₹ 5,84,694

₹ 24,362

₹ 84,694

SBI

12.25%

₹ 5,66,283

₹ 23,595

₹ 66,283

IndusInd

14.5%

₹ 5,78,993

₹ 24,124

₹ 78,993

Axis

14.5%

₹ 5,76,154

₹ 24,006

₹ 76,154

How to Apply for ICICI Personal Loans at Afinoz?

While you do your ICICI Bank personal loan application through Afinoz, you should check the following: -

  • Check your ICICI Bank personal loan eligibility with the personal loan eligibility calculator at Afinoz.com. Simply visit Afinoz.com, fill in a few easy details and get an instant and accurate assessment of your personal loan eligibility.
  • Check your ICICI Bank personal loan EMI with the personal loan EMI calculator at Afinoz.com. This will help you to know the exact amount you need to pay every month towards the repayment of your loan.
  • Check the documentation required for your ICICI Bank personal loan application. Whether you are salaried or self-employed, applying with the proper set of documents will enhance your chances of getting your loan approved in the least possible time.
 

ICICI Bank Personal Loan Status

With ICICI Bank, one can easily track the status of your personal loan process application by taking a few steps. First, by visiting the online site or the mobile phone application, and log in using your credentials, one needs to enter the application number. Going forward, the page shows the account summary, where one easily tracks the loan application status, thus can know whether the loan has been approved, in-process or is rejected.

Read More: ICICI Bank Personal Loan Status

ICICI Bank Personal Loan Balance Transfer

One can easily transfer their outstanding loan balance to the ICICI Bank after subsequent payment of 12 EMIs at your existing bank. After a successful balance transfer, one can avail lower interest rates on the same. So, minimize your loan burden and enjoy a hassle-free loan journey with ICICI Bank personal loan balance transfer.

Read More: Personal Loan Balance Transfer

ICICI Bank Personal Loan Customer care

PAN India (Toll-free) – 1860 120 7777

At ICICI Bank, in case you have any queries or you require assistance, get in touch with the bank through a 24X7 toll free number, where an executive will serve you with all the details and information.

More: ICICI Bank Customer Care Number

ICICI Bank Personal Loan Login

At ICICI Bank, one can anytime log in-to their respective ICICI Bank personal account by using the credentials such as the mobile number and password. Once logged in, it is very convenient to check out all the activities of your account on the go. Through the app, you can enter your loan account number, or simply scroll through the webpage for all the information regarding your current account status

ICICI Bank Zonal Offices For Personal Loan Enquiries

City

Branch Address

Ahmedabad

JMC House, Opp. Parimal Gardens, Opposite Parimal Garden, Ambawadi, Ahmedabad - 380 006.

Ahmedabad

Shilp Square, Opposite ,Himalaya Mall, Drive- In Road, Ahmedabad

Allahabad

13, Sardar Patel, Marg, Civil Lines, Allahabad.

Amritsar

361, M.C International The Mall, Punjab.

Aurangabad( Maharashtra)

Ground Floor, Raghuvir Complex, Opp. District Court, Adalat Road, Aurangabad.

Bangalore

ICICI Bank Towers,1, Commissariat Road, Ground Floor, Bangalore

Bangalore

No.47,5th Cross Road,5thMain, Malleswaram,Bangalore

Bangalore

80-7, Elephant Rock Road, 3rd Block, Jayanagar, Bangalore

Bangalore

Salarpuria House, #496, CMH Road, Indira Nagar Bangalore

Bangalore

No.5, 80 Feet Road, 7th block, Kormangala Bangalore

Bangalore

No 11, 1st Cross, K G Road Extension, Opposite Menaka Theatre, Bangalore

Bangalore

No.1740, 17th Cross, Vijayanagar, Bangalore.

Bangalore

S R N G SAMPANNAPPA DIAMOND JUBILEE COMPLEX, 1091, O T C ROAD, BANGALORE

Bareilly

116, Civil lines, Barielly, Uttar Pradesh.

Bhopal

Plot No. 11, Zone,II, Alankar Palace Near Pragati Petrol Pump, M. P. Nagar, Bhopal.

Bhubaneshwar

OCCF Building, Opposite Sriya Talkies, Unit - III, Bhubaneswar

Chandigarh

SCO 9-10-11, Sector 9-D. Chandigarh, Pin Code - 160017.

Chandigarh

SCO 485-486, Sector 35C, Chandigarh.

Chennai

110, Prakash Presidium, Uthamar Gandhi Salai, (Nungambakkam High Road), Chennai.

Chennai

P.B.No. 1610, Dare House, Annexe 44, Moore Street, Chennai.

Chennai

459/1, Anna Salai Road, Teynampet, Chennai

Chennai

A-78, Plot No. 3211, 3rd Avenue, Anna Nagar, Chennai.

Chennai

7, Bazullah Road, T.Nagar, Chennai.

Coimbatore

Cheran Plaza, 1090, Trichy Road, Coimbatore, Pin Code - 641018.

Coimbatore

No.16, Shastri Road, Ramnagar, Coimbatore - 641009

Cuttack

Plot No. 1320, Bajrakabati Road, Cuttack

Dehradun

NCR, Plaza,24, New Cantt Road, Hathibarkala, Dehradun, Uttaranchal - 248001

Faridabad

Booth No. 104- 105, District Centre, Sector 16, Faridabad- 121007, Haryana

Gandhinagar

Plot No.315, Sector 16, Gandhinagar, Gujarat

Ghaziabad

R- 1/88, Raj Nagar, Ghaziabad, Uttar Pradesh.

Gurgaon

K-6 & K-7 + K-12 & KB -12, Qutub Plaza, DLF - Phase - 1, Gurgaon.

Guwahati

1st Floor, Shanti Complex, G S Road, Bhangagarh, Guwahati.

Hosur

ASL Plaza, Bye-pass Rd, opp. Hosur Bus Stand, Hosur.

Hubli

Eureka Junction, Travellers Bungalow Road, Hubli.

Hyderabad

6-2-1012, TGV Mansions, Opp. Institution of Engineers, Khairatabad, Hyderabad.

Hyderabad

3-6-268, opp. Telugu academy. Himayat Nagar, Hyderabad.

Hyderabad

7-102/5 & 12, Ground Floor, Sai Enclave, Ajay Chambers, Uppal Road, Habsiguda, Hyderabad.

Hyderabad

MIG-69, Dharmareddy Colony, Opposite JNTU, KPHB Colony, Kukkatpally, Hyderabad - 500 072

Indore

Malav parisar, 4 chhoti Khajrani, A B Road Indore

Jaipur

C-99, Shreeji Towers, Subhash Marg, NearAhimsa Circle, C Scheme, Jaipur

Jaipur

C-2, Saurav Towers, Vaishali Nagar,

Jaipur

A-34, Guru Nanak Marg, Moti Doongri scheme, Tilak Nagar, Raja Park, Jaipur

Jaipur

Bhagwan Mahavir Viklang Sahayta Samiti, Malviya Nagar, Jaipur

Jamshedpur

Natraj Mansion, Main Road, Bistupur, Jamshedpur

Jodhpur

Plot No. 10,11, Refugee Colony (Sindhi Colony), Near Jaljog Circle, Jodhpur

Kanpur

J.S Towers; 16/106 - The Mall

Kochi

Emgee Square, M.G.Road, Ernakulam, Kochi.

Kochi

B M Complex, Edappally, Kochi

Kochi

ADONAI TOWERS, S.A ROAD, KADAVANTHARAPO, KOCHI-682016

Kolhapur

Ground Floor, VasantPlaza, Rajaram Road, Rajarampuri, Kolhapur

Kolkata

22, R N Mukherjee Road, Kolkata, Pin Code - 700001.

Kolkata

BJ-140, Sector II, Salt Lake City, Kolkata

Kolkata

2/3, Hindustan Road, Gariahat, Kolkata.

Kolkata

City centre ,19 Synagogue Street,Brabourne Road Branch, Kolkata.

Kota

18, Jhalawal Road, Kota.

Lucknow

Shalimar Tower, 31/54 M.G. Marg, Hazratganj, Lucknow.

Ludhiana

S.C.O. 146 / 147, Feroze Gandhi Market, Ludhiana.

Madurai

31, Melur Main Road, K. K. Nagar, Madurai.

Mumbai

Ground Floor, Indraprastha, Opposite Premnarayan Indernarayan Chowk, Linking Road, Santacruz West, Mumbai.

Mumbai

Reis Magos,

Mumbai

Galleria Shopping Mall,

Mumbai

Kailash Plaza, Final, Plot 355, Vallabh Baug Lane, Opp. Odeon Cinema, Ghatkopar East, Mumbai.

Nagpur

Vishnu Vaibhav, 222, Palm Road, Civil Lines, Nagpur.

Nashik

Unit no-G- 19, Utility Center, Opposite Rajiv Gandhi Bhavan, Sharanpur Road, Nashik – 422 002.

Navi Mumbai

Shop No 14,15 & 16, Shri Ganesh CHS, Sector 1, Opp. Apna Bazar, Vashi - 400703, Navi Mumbai District

New Delhi

9A, Phelps Building, I nner Circle, Connaught Place, New Delhi

New Delhi

W-57. Greater Kailash, Part-I, New Delhi.

New Delhi

C-17, Local Shopping Centre, Paschimi Marg, Vasant Vihar, New Delhi.

New Delhi

F-11, Preet Vihar, New Delhi-110092

New Delhi

D-949, New Friends Colony, New Delhi.

New Delhi

C24-25, Acharya Niketan, Mayur Vihar, Phase -1, Delhi - 110091.

Noida

K-1, Senior Mall, Sector 18, NOIDA- 201301, Uttar Pradesh.

Panaji

65, Sindur Business Centre, Swami Vivekanand Road, Panaji

Patna

Shahi Bhawan Ground Floor Exihibition Road Patna

Pondicherry

47, Mission Street, Pondicherry

Pune

A-Wing, Shangrila Gardens, Bund Garden Road, Pune

Pune

1194/8, Ramchandra Sabhamandap, Ghole road, Shivaji Nagar,Pune.

Pune

Gulmohar Park, Plot 1 A, ITI Road, Aundh, Pune - 411 007.

Pune

Krishnakeval Commercial Complex, Main Kondhwa Road, Kondhwa, Pune.

Pune

CTS No.809/147, Nayantara, Paranjpe Schemes,

Raipur

Gore Parisar, Behind Raj Bhavan, Civil Lines, Raipur.

Rajkot

Jai Hind Press annexe, Opp. Shardabaug, Babubhai Shah Marg, Rajkot.

Ranchi

Main Road (near Ratanlal Petrol Pump), Ranchi, Jharkhand

Salem

Swarnambigai Plaza, S. F. No. 6/5, Block no. 7, Ward-C, Omalur Main Road, Near Bus Stand, Salem.

Sangli

Rajwada Chowk, P.O.Box No 2/157/158 , Sangli.

Surat

Anjan Shalaka, Lal Bungalow, Athwa Lines, Surat.

Surat

Shree Shyam Chambers,Opposite Subjail Ring Road, Surat.

Surat

Ground Floor, Om Shopping Complex, Anand Mahal Road, Adajan

Thane

Glenmorgan, Veer Savarkar Marg, Panchpakhadi,Thane-400602.

Thiruvananthapuram

TC.25/2491, M G Road, Pulimoodu, Thiruvananthapuram- 695 001, Kerala

Thrissur / Trichur

Delma Complex, Opp. Co-operative Hospital, Shornur Road, Thrissur

Tiruppur

AEPC BUILDING, GROUND FLOOR, 3/1,3RD STREET, INDIRA NAGAR, AVINASHI ROAD, TIRUPPUR 641 603

Trichy

New no - 58, West Bouleward Road, Trichy.

Udaipur

Madhubani, 2-C, Ground Floor, Madhuban, Udaipur, Rajasthan.

Vadodara

Landmark Building, Race Course Circle, Alkapuri, Vadodara, Pin Code - 390007.

Vadodara

AMRAPALI COMPLEX, WATER TANK ROAD, KARELIBAUG Vadodara

Vallabh

Flavours, Near Bhaikaka Statue, Mota Bazar, Vallabh Vidyanagar, Gujarat

Vapi

Sahara Market, Vapi Silvassa Road, Vapi

Varanasi

D-48/141-A, Ishwar Towers, Luxa Road,Gadowlia, Varanasi.

Vijayawada

#40-1-127,128 &129, Murali Chambers, M.G.Road,Vijayawada

Vishakhapatnam

47-14-18, Isnar Satyasri Complex, Main Road,Dwarkanagar, Vishakhapatnam.

FAQs

Q1 Why should I opt for ICICI bank while availing a personal loan?
Here are some of the compelling reasons why you should opt for a personal loan for icici bank whenever you need a personal loan- You can use the personal loan icici amount pretty much for any purpose. No questions asked! With icici online, you can have a flexible personal loan tenure to suit your need, up to 60 months You can opt for fixed personal loan interest rates in icici . The icici bank personal loan interest rate will be charged on a monthly reducing basis. You will not be asked to pledge collateral against the personal loan for icici bank With the personal loan icici , you may set up multiple options such as auto-debit, PDC or ECS for automatic payment of EMI on any given month. With icici online, you can check your icici bank personal loan status at every stage of the approval process.
Q2 How can I apply for ICICI Bank Personal Loan online?
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 0120-411-0376 or by emailing us at info@afinoz.com.
Q3 What is the minimum and maximum amount of personal loan that I can get with ICICI Bank?
ICICI Bank offers one of the highest quantum of the 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.
Q4 What is the maximum tenure for which I can avail a personal loan with ICICI Bank?
ICICI Bank offers personal loans with a flexible tenure ranging between 12 to 60 months.
Q5 Are the Personal Loan calculator tools of Afinoz.com free to use?
Yes, Afinoz.com loan calculator tools are completely free to use, as we don’t charge any fee for the services we provide.
Q6 Can I know the EMI amount for my personal loan in advance?
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.
Q7 What are the other facilities that can be availed through icici online?
In addition to the Personal loan icici, you can get the following facilities through icici online- Icici ifsc code- where you can check the ifsc code for icici bank for any branch in India. Personal loan calculator icici- You can calculate the amount of personal loan icici you can avail Icici credit card- With icici online, you can apply for an icici credit card and get instant approval.
Q8 Is my data safe with Afinoz.com?
Absolutely. Afinoz.com does not share data with any third party other than the financial institution you are applying. All data is sent with a high level of encryption making it safe and secure at all times.
Q9 After applying online with Afinoz.com, when will I get the loan amount and how long it will take?
Afinoz.com immediately submits your ICICI personal loan application at your nearest ICICI branch. A representative from 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.
Q10 What is the pre-closure criterion?
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.
Q11 What is the average processing time for ICICI personal loan?
The bank claims to process applications without guarantee or security requirements within 72 hours of receiving the application.
Q12 Can I have a top-up on existing personal loans?
Yes, you can. Personal loan icici offers top-up facility if you have paid at least 12 EMIs on your existing personal loan for icici bank. With icici online, you can place your request for a top up on your existing Personal loan ICICI.
Q13 What is the importance of CIBIL score in ICICI personal loan applications?
CIBIL score is a standard score, which ICICI Bank and other financial institutions use to determine the creditworthiness 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.
Q14 How much interest is charged by ICICI Bank on a personal loan?
ICICI bank personal loan interest rates today ranges from 10.99% to 18.49% p.a.