Personal Loans

Personal Loan Eligibility


You can avail of an ICICI Bank Personal Loan if you meet the following criteria:

Criteria* Salaried
Age 23 years - 58 years.
Net Salary** Salaried Individuals with minimum monthly income - Rs. 20,000 p.m.
(Rs. 25,000 for customers residing in Mumbai and Delhi)
Eligibilty ICICI Bank Salary Account Holder,
Customers having asset relationship with ICICI Bank (availed Home Loan, Car Loan and/or Auto Loan),
Salaried customers with ICICI Bank Savings Account or
Salaried customer having no relationship with ICICI Bank.
Years in total job / profession 2 Year
Years in current residence 1 Year

**The minimum salary requirement will differ depending on the profile (Type of employer, having relationship with ICICI Bank etc.) of the customer.

Criteria* Self Employed
Age 28 years (self employed individuals) and 25 years (for doctors); Maximum- 65 years
Minimum Turnover Rs. 40 lac (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 (loan) relationship, either live or closed in the last 6 months.

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Note: * Conditions apply.

ICICI Bank provides Personal Loans to Self-Employed Individuals under Business Installment Loan