Amount and Tenure
The pre-approved Personal Loan amount differs for every individual. The maximum pre-approved amount can go up to Rs 50 lakhs* which considers customer’s credit history as well as loan repayment cycle. To repay the loan, you can opt for tenure ranging from 12 months to 60 months which will make the loan repayment process easy for ICICI Bank customers.
Sample Personal Loan Calculation
Loan Amount |
Rs. 1,000,000 |
Interest Rate |
11.25% per annum |
Loan Term |
60 Months |
Monthly EMI |
Rs. 21,867 |
Processing Fees |
1.25% of loan amount plus GST |
*The values shown are for representation purposes only. Actual values may differ.
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