Benefits you get for opting for EMI on Internet Banking
You can choose upto 5 years as tenure for your EMI
One click step loan disbursal and email to customer.
Attractive interest rates
Freedom to pay at ease
Zero documents required since it is pre-approved
Avail customer service 24x7
Safe and secure payment
No credit card required
How to Avail EMI on Internet Banking
Choose Net Banking while checking out the shopping cart at website.
Login with your Net banking details
Choose “Pay with EMI” option
Choose your EMI tenure, loan amount and authorize the payment
ICICI Bank is giving an option to take the Insta Personal Loan with flexible EMI option on your online purchase.
You can pay the amount of item for shopping by taking a personal loan and paying back in flexible EMIs. Additional amount above transaction amount loan can be taken.
Only few chosen customers are eligible to avail this service for now. Only applicable for transactions above Rs 25,000
What is EMI on Internet Banking?
A pre-approved loan is usually offered by banks to customers who have a clean track record of repaying their dues. It is often offered at lower interest rates. It is also offered in case customer has no credit history basis parameters like income and savings history.
What is the pre-approved amount that can be sanctioned?
This is based on your credit history and loan repayment track.
How can I apply for EMI on Internet Banking?
While making payment for your online purchases, at the payment/checkout, select ‘ICICI Bank EMI on Internet Banking’ option to make the payment.
How much time does it take for pre-approved loan approval and disbursal?
This is a one-click step loan disbursal process.
Do I need security to avail of instant Personal Loan?
No, there is no requirement of security or guarantor for the pre-approved loan.