ICICI Bank

If you apply instant ICICI Bank personal Loan online then you get a convenient rate of interest ranging from 10.5% to 19% p.a. And the loan amount can range up to 25 lakh that the lender can disburse within 3 seconds. The Benefits You Get When You Apply Instant ICICI Bank Personal Loan Online You’ll …

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Written by Roopya

If you apply instant ICICI Bank personal Loan online then you get a convenient rate of interest ranging from 10.5% to 19% p.a. And the loan amount can range up to 25 lakh that the lender can disburse within 3 seconds.

The Benefits You Get When You Apply Instant ICICI Bank Personal Loan Online

  • You’ll get a multi-purpose collateral-free loan within 3 seconds of approval.
  • Long tenure makes the repayment easy.
  • Minimum documents are required for the online application process.
  • The lender provides 24×7 customer service.
  • Competitive and convenient rates of interest are applicable on the loan amount.

The Loan Criteria You Get When You Apply ICICI Bank Personal Loan Online

Loan Amount Up to 25 lakh
Loan Tenure Up to 72 months
ROI 10.5% to 19%
Loan Processing Fees Up to 2.25% (GST applicable)
Penal Charges for Late Payment 24% p.a.
Prepayment fees 5% on the outstanding principal (GST applicable)
Charges for Repayment Mode Swap Rs. 500 per event (GST applicable)
Charges for EMI Bounce Rs. 400 per event (GST applicable)
Loan Cancellation Charges Rs. 3,000 (GST applicable)
Other charges At actuals

 

Eligibility Criteria 

Salaried individuals have to meet the following criteria to apply ICICI Bank Personal Loan Online.

  • Age- 23 years to 58 years
  • Minimum Net Monthly Salary- Rs. 30,000
  • Age of current job/ employment- 2 years
  • Years passed in current residence- 1 year

Self-employed professionals or individuals have to meet some other eligibility criteria to apply ICICI Bank Personal Loan online.

  • Age- 28 years to 65 years (self-employed individuals), 25 years to 65 years for doctors.
  • Minimum Annual Turnover- Rs. 40 lakh (non-professionals), Rs. 15 lakh (professionals).
  • Minimum Profit (After tax)- Rs. 2 lakh (self-employed individuals and proprietorship firms), Rs. 1 lakh (non-professionals)
  • Age of profession/ business- 3 years for doctors, 5 years for business

Documents Required 

Salaried employees and self-employed individuals will need to submit different documents to apply for instant ICICI Bank Personal Loan Online.

Salaried Employees Self-employed Individuals
·         Identity Proof

·         Address Proof

·         Salary slips (past 3 months)

·         Bank Statements (past 3 months)

·         Passport Size Photographs (2 copies)

·         ID proof

·         Address proof

·         DOB proof for KYC

·         Last 2 years’ audited financial statements

·         Proof of office address and its ownership

·         Proof of ownership of the residence

·         Proof of the continuity of your business

·         Bank Statements (last 3 months)

 

Use The EMI Calculator When You Apply ICICI Bank Personal Loan Online

When you apply instant ICICI Bank Personal Loan online through Roopya, you can avail of the opportunity to calculate the EMI before applying for the loan. Enter your loan requirements such as loan quantum, tenure, and ROI, and click on the calculate tab to see the output.

FAQs

  • How can I check the application status if I apply instant ICICI Bank Personal Loan Online?

Visit the official website of ICICI Bank and enter your mobile number, DOB, and application number to see the application status when you apply ICICI Bank Personal Loan online.

  • Can I foreclose my loan account if I apply instant ICICI Bank Personal Loan online?

Yes, you can avail of the conditional foreclosure facility and 5% interest will be charged on the outstanding principal.

  • Is there any top-up loan facility available?

When you apply instant ICICI Bank Personal Loan online, you can avail of the top-up loan facility offered by the bank. But you have to repay at least 12 EMIs to be eligible for a top-up loan.

  • How to contact customer care?

Whether you apply instant ICICI Bank personal loan online or offline you can call on the toll-free number 1860 120 7777. Or you can write to them to resolve your queries.

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