ICICI Bank Personal Loan
✔️Proof of Identity: Passport/Driving License/Voter ID/PAN Card (Any)
✔️Proof of Residence: Leave and License Agreement/Utility Bill (not older than 3 months)/Passport (any)
✔️Latest 3 months bank statement (where salary/income is deposited)
✔️Salary slip for last 3 months
✔️2 passport size photographs.
Keep reading to learn how to apply for the ICICI Bank Personal Loan.
Interest Rates and Other Charges:
Personal loan interest rates can range from 10.75% to 19% per annum. Loan processing fee or origination fee is charged plus 2.50% on the loan amount. Prepayment charges For salaried customers, it is 3% plus on the principal outstanding after payment of the first EMI, while it is zero if 12 or more EMIs are paid.
For MSE classified customers, charges are nil for loan amount up to Rs 50 lakh after the first payment. Additional interest on delayed payment is 24% per annum. Keep reading to learn how to apply for the ICICI Bank Personal Loan.
How to apply for the ICICI Bank Personal Loan?
✔️Access the official website of ICICI Bank
✔️Click on the top tab “Loan”.
✔️Select loan type
✔️ “Apply Now”
✔️Check if you have a pre-approved offer here
✔️If you don’t, go to their personal loan application form, fill up your personal loan application
✔️Fill and submit and check your eligibility
✔️Select loan amount and tenure as per your requirement
✔️Check your personal loan approval status