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Loan Against Gold and Gold Ornaments
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Rates & Fees

Rates & Fees
  • Interest rate for agricultural advances is 13% p.a.
  • Interest rate for allied agricultural advances is 14% p.a.
  • Interest rate for non agricultural advances is 16.5% p.a.
  • Processing fees, as applicable (currently at 1% of sanction limit), is payable at the time of sanction of facility.
  • In the case of default in repayment, penal interest (as the case may be) will be charged at the rate of 6% per annum over and above the normal rate of interest.

Loans & Advances - Indicative Lending Rates
updated on June 6th, 2012
Retail Loans
Type of Credit Facility Interest Rate Processing Fee*
Agriculture Allied Agricultural Non Agriculture
Loan Against Gold Ornaments & Gold Coins 13% 14% 16.5% 1% of sanctioned amount

Note:
  • *Processing fees are NIL for agricultural loan upto Rs 25,000 per customer
  • Interest charged is simple interest
  • ICICI Bank reserves the right to revise the rate of interest and processing fee from time to time, at its sole discretion