ICICI Bank Private Limited comes in the second position in the largest private Bank sectors. When it comes to providing personal loan, ICICI bank offer instant personal loan to the applicant with quick amount disbursement. ICICI Bank Personal Loan has got the highest preference from people as it provided competitive rate of interest. ICICI Bank has partnered with LoanMoney to give personal loan at lower interest rate to individuals like salaried, self-employed and professional. In addition, to get quick loan approval you may fill a quick form on our website and also you may read below to check your eligibility and documentation you have to provide.
LoanMoney is the leading loan provider agency in Delhi NCR and it has partnered with various largest banks. If you want to obtain a loan, apply on our website and we offer you benefits like, hassle free loan, fast loan approval, transparency in working, and lower interest rates.
ICICI Bank is not only the second largest bank in India but also one of the biggest personal loan provider among the common individual. Over the time, it has helped a lot of people when they were in the need of money. ICICI Bank trust their customer and applicant, sometimes applicant did not make up to the eligibility criteria, to help them ICICI Bank customize their loan schemes in order to help applicants with urgent money requirement.
Customized Personal Loans: ICICI Bank is not like other banks, it provides customized personal to every applicant who wants to obtain loan. There are fixed figures and calculation from maximum loan tenure to maximum loan quantum the applicant can avail as per his financial track record. Basically, the bank ICICI provides according to three types, for salaried individuals the maximum amount can be availed in 15 lakhs, for self employed the maximum amount can be availed in 30 lakhs.
Attractive Rate of Interest: ICICI Bank offers personal loans at an attractive rate of interest, starting with as low as 13.99% interest rate.
Fast Loan Approval: ICICI Bank is most popular because it is famous for providing quick loan approval and fast amount disbursal.
Easy and Minimal Documentation: ICICI Bank do not make the applicant to go through large documentation process, because they do not want waste the time of applicant. So, they have made a quick and easy documentation process.
Top up Loan facility: ICICI bank facilitates their personal loan with top up loan option. This feature allow the applicant to borrow a certain amount on their existing loan with the same interest rate.
No Guarantor Required: ICICI Bank does not need any applicant to pledge their personal assets as security or collateral to them.
|Age||-||23 years - 58 years.|
|Net Salary**||-||Salaried individuals with minimum monthly income Rs.17,500 (Rs.25,000 for applicants residing in Mumbai & Delhi; Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata)|
|Total years in job/profession||-||2 Years|
|Years in current residence||-||1 Years|
|Age||-||28 years (self employed individuals) and 25 years (for doctors); Maximum age - 65 years|
|Minimum Turnover||-||Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials|
|Minimum Profit After Tax||-||Rs. 2 lac for Proprietorship Firm/Self employed Individuals and Rs. 1 lac for non-professionals as per audited financials|
|Business Stability||-||In current business for at least 5 years and minimum 3 years for doctors|
|Existing relationship with ICICI Bank||-||Minimum 1 year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track as required|
|Interest Rate||-||10.99% to 17.99%|
|Processing Fees||-||Rs.1499 + applicable tax to 2.25% of the loan amount|
|Loan Amount||-||15 lakhs for Salaried, 30 Lakhs for Self-employed|
|Loan Tenure||-||1 year to 5 years|
|Pre-closure Charges||-||Preclosure permitted after 6 months. 5% of principal outstanding (plus GST)|
|Guarantor Requirement||-||No guarantor required|
Latest salary slip
current dated salary certificate with the latest Form 16
Latest Bank statement
Latest ITR or Form 16