ICICI Bank Personal Loan Fees and Charges
Other Charges and Penalties
Documents Required for ICICI Bank Personal Loan
If you are a salaried applicant, here are the documents you need to submit for a personal loan from ICICI Bank:
- ID Proof: Any one of PAN card, driving license, passport, or voters ID
- Residence Proof: Any one of passport, recent utility bills, or lease or rent agreement
- Salary slips for the last 3 months
- Bank statement for the last 3 months
- 2 passport size photographs
Here are the documents required for ICICI Bank personal loans for self-employed individuals:
- KYC Documents: ID proof, residence proof, proof of date of birth
- Income Proof: Audited financial statements for the last 2 years
- Proof of office or residence ownership
- Proof of office address
- Bank statements for the last 6 months
- Proof of continuity of business
How to calculate EMI for ICICI Bank Personal Loan?
Creditupchar.com offers users a unique tool to calculate your EMI for all loans. This helps you to understand how much a loan would cost you, and plan your budgets accordingly before applying for a loan.
With our loan calculator tool, all you need to do is to enter the amount you wish to apply and the preferred tenure. The loan calculator then calculates the EMI based on the applicable rate of interest and displays your monthly EMI.
Let’s consider an example to check how the EMI calculation works for your ICICI personal loan. You take a personal loan of Rs.1 lakh from ICICI at an interest of 11.25% p.a. for a period of 1 year. For this loan, your loan repayment EMI is set at Rs.8,850. The repayment schedule for this loan is given as follows:
Compare ICICI personal loan with loans from other lenders?
ICICI Bank is not only the largest private sector banks in the country but also one of the largest facilitators of personal loans in India. It offers personal loans to help borrowers ride over any immediate financial requirements. ICICI Banks understand that time is of paramount significance when faced with financial crisis and hence fast tracks all its personal loan applications resulting in quick loan approval and facilitation.
Whether you wish to take off on a dream vacation to an exotic overseas destination or finance a grand wedding for yourself or a loved one, ICICI Bank personal loans can help you fulfil your financial goals with relative ease. Thanks to easy-to-meet eligibility criteria in addition to low interest rates and flexible repayment tenures, repaying the loan is just as borrowing it.