ICICI Bank personal loan offers low-interest rates starting at 10.50% p.a. You can avail a loan instantly and through online with Buddy Loan App. Get a loan amount of up to Rs. 50 Lakhs, with flexible repayment tenure extending up to 72 months. Why wait, check whether you’re eligibility on personal loan for ICICI Bank is your best fit for you.
ICICI Bank Online Personal Loan Details
Take advantage of the low-interest rate and get your loan approved from the comfort of your home. Let’s go through the highlights of ICICI Bank personal loan from below:
| Interest rate | Starting at 10.50% p.a. up to 16.00% p.a. |
| Loan Amount | Up to ₹50 lakhs |
| Tenure | Up to 5 years |
| Minimum Salary | ₹30,000 per month |
| Processing Fee | Up to 2.50% |
ICICI Bank Personal Loan Interest Rates & Charges
ICICI Bank personal loans have interest rates starting from 10.50% p.a. to 16.00% p.a. Borrowers who have strong credit histories and sound financial profiles typically qualify for cheaper rates, while those who are bigger risks or have less-than-stellar credit may pay higher interest rates.
Here are the interest rates for various types of personal loans from ICICI Bank:
| ICICI Bank Personal Loan Scheme | Interest Rates (p.a.) | Processing Fees |
|---|---|---|
| ICICI Bank FlexiCash | 12% p.a. onwards | Starting at Rs 1,999 + GST |
| ICICI Bank Personal Loan for NRI | 15.4% p.a Onwards | At the discretion of the bank |
| ICICI Bank Pre-Approved Personal Loan | 10.50% p.a. onwards | 2.50% of the loan amount |
| ICICI Bank Pre-Qualified Loan | 10.50% p.a. onwards | 2.50% of the loan amount |
| ICICI Bank Top-up Personal Loans | 10.50% p.a. onwards | 2.50% of the loan amount |
| ICICI Bank Fresher Funding | 10.75% p.a. onwards | 2.50% of the loan amount |
Note: The current rates may vary marginally and are inclusive of prepayment charges of 3% and penal interest of 2% p.m. for ICICI Bank XPRESS Credit & ICICI Bank Quick Personal loan.
Get Personal Loan Online Up to ₹15 Lakhs By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
Types of ICICI Bank Personal Loans & Features
ICICI Bank offers the go-to personal finance solution for all of your needs with varied types of ICICI Bank personal loan. Apply right away for easy loans and repayments.
ICICI Bank FlexiCash
- Short-term instant loan for existing ICICI Bank customers with a salary account.
- Low processing fees
- No documents required
- 100% digital process
- Interest rates on amount and tenure of utilisation
ICICI Bank Personal Loan for NRI
- Loan for Non-Resident Indians
- Quick disbursal, minimal documentation
- Interest rates starting from 15.49% p.a.
- Loan amount up to ₹10 lakh
ICICI Bank Pre-Approved Personal Loan
- Loan for selected existing customers
- Fastest disbursal within 3 seconds
- Loan amount up to 50 lakh
- Repayment tenure ranges from 1 to 5 years
ICICI Bank Pre-Qualified Loan
- Pre-qualified personal loan for select existing customers.
- Easy online application procedure
- Fast processing
ICICI Bank Top-up Personal Loans
- Top-up loan on existing loan from ICICI Bank
- Consolidated EMI covering the entire value
- Loan amount ranging from ₹50,000 to ₹50 lakhs
ICICI Bank Personal Loan Balance Transfer
- Allows consolidation of existing debts into one loan with a lower interest rate
- Flexible repayment period
- Easy application process and quick disbursal
ICICI Bank Fresher Funding
- Loan for freshers and new employees to finance personal expenses
- Loan amount upto ₹1,50,000
- Repayment tenure upto 60 months
ICICI Bank Personal Loan EMI Calculation
Want to avail personal loan from ICICI Bank? Calculate EMI with ICICI Bank personal loan calculator
here. Easy and quick to calculate your monthly installment with this handy tool.
All you need to do is enter the loan amount, interest rate, and tenure, and get an instant estimate of your monthly installment. With this tool, you can make informed financial decisions and manage your budget effectively.
Comparison of ICICI Bank Personal Loan Vs Other Banks
Here is a table showing the comparison of ICICI Bank Personal Loan rates with other banks:
| Lender | Interest Rates | Processing Fees |
|---|---|---|
| ICICI Bank | 10.50%-16.00% | Up to 2.50% |
| HDFC | 11.00% onwards | Up to 2.50% |
| Citibank | 9.99% p.a. To 16.49% p.a. | 0.25% to 3.00% |
| Axis | 10.25% onwards | 1.5% to 2% |
| IndusInd | 11.00% | 2.5% onwards |
| Yes Bank | 10.99% per annum onwards | 2.50% (one-time fee) |
| Shriram City | 11.49% p.a. To 23% p.a. | 2.50% |
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ICICI Bank Personal Loan Eligibility
Discover your eligibility for ICICI Bank Personal Loan at ease! Use the eligibility calculator from ICICI Bank Personal Loan, and calculate your loan amount, EMI, etc you’re eligible for by inserting your income, monthly expenses.
Check now, if you’re eligible for based on the criteria set by ICICI Bank
| Factors | General Eligibility Criteria |
|---|---|
| Age | 23 yrs to 58 yrs |
| Monthly Income | Minimum ₹30,000 |
| Work Experience | Minimum 1 year completed at the current organization |
Get Personal Loan Online Up to ₹15 Lakhs By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
ICICI Bank Personal Loan Eligibility for Salaried Employee
- Age – 23 yrs to 58 yrs
- Monthly Income – Minimum ₹30,000
- Work Experience – Minimum 2 year completed at the current organization
- Years in Current Residence – 1 year
ICICI Personal Loan Eligibility for Self-Employed
- Age – 28 yrs to 58 yrs
- Minimum Turnover – Rs. 40 lakh (for non-professionals); Rs. 15 lac (for professionals)
- Minimum Profit After Tax – Rs. 2 lac for Proprietorship Firm/Self employed Individuals
- Business Stability – In current business for at least 5 years and minimum 3 years for doctors
- Minimum 1 year liability relationship or asset relationship with ICICI Bank
Features of ICICI Bank Personal Loan
Here are the exclusive features and benefits of an ICICI Bank personal loan
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ICICI Bank Personal Loan Documents Required
Here is a table for ICICI Bank Personal Loan documents required when applying for a personal loan from ICICI bank:
Identity Proof: PAN Card, Voter ID, Driving License, Passport
Income Proof: Bank statement and salary slips for last 3 month
Address Proof: Landline Bill, Electricity Bill, Ration Card, Voter ID, Passport
Other Documents: Duly signed loan application form and 2 passport size photographs
Easy Steps to Apply for ICICI Bank Personal Loan with Buddy Loan
Steps To Apply For a Personal Loan with Buddy Loan
- Step 1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).
- Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.
- Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
- Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
- Step 5: Enter your work details (Including company name, years of service and Designation)
- Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
- Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.
Ready to take the next step ?
Get Personal Loan Online Up to ₹15 Lakhs By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.