Service Charges for your Personal Loan
Enclosed find the service charges for an ICICI Bank Personal Loan
|
| Description of Charges |
|
Personal Loans |
| Loan Processing Charges / Origination Charges |
|
2* % of loan amount + Origination Charges of 1.5% of loan amoun |
| Prepayment Charges |
|
5% on the principal outstanding |
| Charges for late payment (loans) |
|
2% per month |
| Cheque Swap Charges |
|
Rs. 500/- |
| Cheque bounce charges |
|
Rs. 200/- |
Note :
1) Origination Charges are included in the Advance installments/ First installment.
2) Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges
* -Upto 5% for select categories
|