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Home Loan (Upto 5 crore)	9.45*%	Apply Now
Personal Loan (Upto 20 lacs)	11.49*%	Apply Now

Personal ›Loans › Personal Loan ›Service Charges & Fees

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Service Charges & Fees for Personal Loans

Enclosed find the service charges for an ICICI Bank Personal Loan

Description of Charges	Charges applicable
Loan Processing Charges / Origination Charges (Non-Refundable)	Upto 2.25% of loan amount plus service tax
Prepayment Charges	5% of principal outstanding plus service tax
Charges for Late Payment	24% per annum plus service tax
Repayment Mode Swap Charges	₹ 500/- per transaction plus service tax
Amortisation Schedule Charges	₹ 200/- per schedule plus service tax
Statement of Account Charges	₹ 200/- per schedule plus service tax
Prepayment/Foreclosure Statement Charges	₹ 100/- per schedule plus service tax
Duplicate No Objection Certificate/ No Due Certificate	₹ 500/- per NOC plus service tax/₹ 200/- per NDC plus service tax
Duplicate Prepayment/Foreclosure Statement Charges	₹ 200/- per schedule plus service tax
Loan Cancellation Charges	₹ 3000/- plus service tax
^EMI Bounce Charges	₹ 400/- per bounce plus service tax

Notes:

Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges at the discretion of ICICI Bank ltd.
The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over this site.
^Effective for loans availed from August 1st, 2009. For loans availed prior to the said date, the cheque return charge is ₹ 200 + applicable service tax
Current Service Tax applicable is 15.00% with effect from June 01, 2016.

Interest Rate Range for Personal Loans for period April 2016 – June 2016:

Type of credit facility	Max	Min	Mean
Personal Loans	22.00%	11.47%	14.39%

Notes:

It includes various categories like loan amount, customer relationships, type of corporate/business, etc
It excludes subsidy, government schemes
Mean rate = Sum of rate of all loan accounts / Number of all loan amounts

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.