Attractive Rate of Interest starting from 11.25% p.a
|Type of credit facility||Interest Rate and Charges Applicable|
|Personal Loan Interest Rates||10.5% to 19% per annum|
|Loan Processing Charges / Origination Charges (Non-Refundable)||Upto 2.50% of loan amount plus GST|
|Prepayment Charges||5% on principal outstanding plus GST (for salaried customers)
Nil, if loan is closed using own funds (MSME classified customers)
|Additional Interest on late payment||24% per annum|
|Repayment Mode Swap Charges||₹500/- per transaction plus GST|
|Loan Cancellation Charges||₹3000/- plus GST|
|^EMI Bounce Charges||₹400/- per bounce plus GST|
Enclosed find the service charges for an ICICI Bank Personal Loan
|Type of credit facility||Max||Min||Mean|
|Personal Loan Interest Rates||19.00% p.a.||10.25% p.a.||12.29% p.a.|
The Annual Percentage Rate (APR) is a method to compute annualised credit cost which includes interest rate and processing fee.
The APR calculator does not include charges such as prepayment charges, etc.
To calculate the same, please click here to download the APR calculator.
Any person who has a stable job with a steady monthly income, is eligible for Personal Loan. If you are looking for an urgent fund but a low salary stops you from opting for a Personal Loan, then here’s what you need to do for a quick approval.
Avail an unsecured loan at EMI as low as Rs 1878 / lakh.
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