Schedule of Fees and Charges

Processing fee

Rs 99 + Goods and Services Tax (GST) applicable. Processing fees will be charged which is non-refundable

Auto-Debit return fee

Rs 450 + Goods and Services Tax (GST)

Interest Charges

Interest rate is 16% + Goods and Services Tax (GST) .

The rate of interest may be changed at the sole discretion of ICICI Bank.

In case of default, interest charges may increase up to a maximum of 3.50% per month (42% per annum).

Late Payment Charges (LPC)

The LPC on account will be a function of the total outstanding balance and will be as follows:

Fore closure charges

2% of current total outstanding balance + Goods and Services Tax (GST) applicable and 1 month interest charges applicable in advance while foreclosure.