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Service Charges for your Personal Loan

Enclosed find the service charges for an ICICI Bank Personal Loan

Prepayment of the loan is possible after 180 days of availing the loan.
Foreclosure charges as applicable would be levied on the outstanding loan.
Part pre-payment is not allowed.
No other fees or commitment charges are levied.

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