ICICI Bank offers Personal Loans up to Rs 20 lakh for a variety of requirements. All you need to do is apply online with InvestmentCover or visit any of the ICICI Bank branches, fill up the personal loan form and get the loan approval process started.
ICICI Bank Personal Loans is available for the following categories:
- Wedding Loans: money for a wedding in your family - self/siblings/kids
- Home Renovation Loans: renovate/upgrade your home
- Holiday Loans: go visit the city/country/tourist location you have always dreamed of
- Fresher Funding: just started your career and received your first salary and need a personal loan
- NRI Personal Loan: take care of the expenses back home in India easily with easy NRI personal loans.
Key features of ICICI Bank Personal Loans
- Get cash in your account in 3 seconds (applicable for select customers upon completion of online verification and acceptance of the final offer)
- The interest rate will not increase during the loan tenure.
- Minimal documentation.
- Choice of tenure between 12 to 60 months.
What Kind of Documentation Required for Personal Loan:
| Salaried |
Self Employed |
- Proof of Identity: Passport / Driving License / Voters ID / PAN Card (any one)
- Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one)
- Latest 3 Months Bank Statement (where salary/income is credited)
- Salary slips for last 3 months
- 2 Passport Size photographs
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- 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 (any one)
- 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.
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Interest Rate and Charges
Prepayment of your ICICI Personal loan is possible any time during loan tenure subject to payment of standard pre-closure charges of 5% + GST-payment or Part-payment
- ICICI Bank provides a waiver of the prepayment charges provided:
- The customer has paid 12 or more EMIs;
- The pre-payment of the loan is done using customer’s own funds; and
- A waiver on pre-payment charges is not applicable in cases of a balance transfer.)
- ICICI Bank does not allow part pre-payment of personal loans.
Top-Up Loan
If you need more money to support your existing ICICI Bank Personal Loans? You can “Top-up” your personal loans at attractive rates and fulfill the increased need for money easily. You can “Top Up” either by combining it with the existing personal loan or treating the “Top Up” as a completely separate loan.
The “Top Up” facility is available once you have paid 12 EMIs on your existing Personal Loan. You can Place the request for “Top up” on existing Personal Loan through ICICI Bank Internet Banking or by calling ICICI Bank Customer Care or by visiting a ICICI Branch.
Customer Care: Dial *your STD code* followed by 33667777 between (8am to 8pm)
Nearest ICICI Bank Loan Servicing Branch: www.icicibank.com >> Find ATM/Branch.
Internet Banking: Log in to www.icicibank.com with your user ID and password--> Main Page --> Select Loans options in My Accounts --> Click on Apply for Loans --> Under Personal loan option - Click on Apply now --> Check the Eligibility and Click on Apply Now
Eligibility Check
