Service Charges & Fees

  • Interest is charged only on the amount drawn and the period for which it is utilised.
  • Interest is calculated on a daily basis, and is payable in each month and will be included in the Amount Due.
  • Interest rate may be decided by ICICI Bank from time to time (the "Applicable Rate").
  • Description of ChargesPersonal Loans
    Prepayment Charges NA
    Solvency Certificate NA
    Charges for changing from fixed to floating rate of interest NA
    Charges for changing from floating to fixed rate of interest NA
    Renewal Fee INR 999
    Further interest on overdrawn amount 2% p.a. over and above Applicable Rate
    Late Payment Fee INR 500
    Cheque Representation Charges Nil
    Charges per Cheque return INR 250


    Note: Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges.