Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.
ICICI Bank personal loans provide financial support to individuals to fulfil their personal requirements such as wedding, medical emergency, travel, home renovation, education, etc. The lender provides balance transfer and overdraft facility to its personal loan borrowers. Compare various personal loan offers of ICICI Bank with other lenders and apply for ICICI Bank personal loan through Paisabazaar.
Competitive Rates
Lower Total Cost of Credit
Everything Digital
End-to-end Digital Journey
100% Paperless Process
No Physical Documents Required
Hassle-free Experience
Easy Application with Faster Disbursal
Customer Rating
2839 Reviews
Voucher on disbursalCheck Personal Loan Offers Online
Customer Rating
2839 Reviews
Competitive Rates
Lower Total Cost of Credit
Everything Digital
End-to-end Digital Journey
100% Paperless Process
No Physical Documents Required
Hassle-free Experience
Easy Application with Faster Disbursal
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
| Interest Rate | *11.00% - 13.00% p.a. |
| Loan Amount | *Up to Rs. 25 lakh |
| Tenure | *Up to 5 years |
| Processing Fees | *2% of loan amount |
| Prepayment Charges | 3% of outstanding principal (NIL after 12 EMIs) |
| Minimum Monthly Salary | Rs. 30,000 |
*when applied through Paisabazaar
ICICI Bank Personal Loan interest rates vary on the basis of the personal loan subtypes. However, ICICI Bank has not disclosed its personal loan interest rate matrix based on credit score, minimum monthly income, occupation profile, employers’ profiles, etc., of its personal loan applicants, as many lenders have done.
| Minimum Interest Rate | 11% p.a. |
| Maximum Interest Rate | 13% p.a. |
Before applying for a personal loan, borrowers can also check personal loan interest rates offered by other lenders at Paisabazaar to make a well-informed decision.
| Banks/NBFCs | Interest Rates | Processing Fees |
|---|---|---|
| HDFC Bank | 9.99% - 12.5% | Rs. 3499 to Rs. 6500 |
| Axis Bank | 9.99% - 17.15% | 1% - 1.5% |
| Kotak Mahindra Bank | 9.98% - 17.2% | 1.1% - 1.5% |
| IndusInd Bank | 10.35% - 16.5% | 1.3% - 2% |
| IDFC FIRST Bank | 9.99% onwards | Up to 2% |
| Federal Bank | 12.0% - 19.5% | Up to 2% |
| YES Bank | 13% - 16% | 1.5% - 2.25% |
| Tata Capital | 11.99% - 13.99% | Up to 1.25% |
| Aditya Birla Finance | 10.99% p.a. onwards | Up to 4% |
| L&T Finance | 11.00% p.a. onwards | Up to 3% |
| Hero Fincorp | 19.75% - 30.00% p.a. | 2.3% - 3% |
| Piramal Finance | 12.90% p.a. onwards | Up to 5% |
| Poonawalla Fincorp | 18% - 36% p.a. | Up to 3% |
| Moneyview | 14% - 36% p.a. | Up to 2% |
Flexicash is an overdraft facility offered to salary account holders of ICICI Bank to finance their personal requirements. The interest rates are charged only on the amount used.
Existing personal loan borrowers of other banks and NBFCs can transfer their existing personal loan accounts to ICICI Bank at low interest rates. The lender also offers top up personal loan alongwith balance transfer to meet their personal requirements.
NRIs can avail personal loans from ICICI Bank to meet their personal requirements without any hassle and with minimal documentation. A blood relative of NRI can be a co-applicant.
Individuals can apply for instant personal loan through the iMobile app of ICICI Bank. The process is completely digital and transparent with quick approvals.
ICICI Bank levies the following fees and charges on personal loans:-
| Particulars | Charges |
|---|---|
| Processing Fee | 2% |
| Pre-payment Charges | For salaried customers- 3% plus applicable taxes on principal outstanding after payment of 1st EMI; Nil if 12 EMIs are paid. For MSE classified customers, charges are Nil after payment of the 1st EMI for loan amount of up to Rs. 50 lakh |
| Loan Cancellation Charges | a. Nil – If the loan is cancelled within the cooling off period (i.e., 15 days from the date of disbursement)
b. Cancellation fee of Rs. 2,500 if the loan is cancelled after the cooling off period |
| Part payment charges | 3% plus GST on the part payment amount paid for the loan repayment tenure of up to 24 months; Nil for a loan repayment tenure of above 24 months |
| Charges of late payment | 5% p.a. on the overdue EMI until repayment |
| EMI Bounce Charges | Rs. 500 per bounce + GST |
| Repayment mode swap charges | Rs. 500 per transaction + GST |
ICICI Bank has set its personal loan eligibility criteria based on the job profile, age, minimum monthly income, total work experience and business vintage (in the case of self-employed individuals) of its personal loan applicants. Below-mentioned are the ICICI Bank Personal Loan eligibility criteria set by ICICI Bank.
The documents required by ICICI Bank during personal loan application are given below:-
ICICI Bank has partnered with Paisabazaar for personal loans. Whether you’re looking for quick funds or exploring better loan options, Paisabazaar lets you apply for ICICI Bank personal loans alongside offers from other top lenders such as IDFC FIRST Bank, Axis Bank, and IndusInd Bank and more – all in one place.
Here’s how you can get started:
Below are the customer care details of ICICI Bank:-
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Got loan yesterday
Great Customer support and response
Got personal loan from Paisabazaar
Got personal loan from Paisabazaar
Feedback - Customer support
Exceptional Support During Loan Process
Outstanding Assistance from Ms. Seema Kumari
Excellent Support and Guidance from Ms. Yashi Saxena
Loan from paisabaAar
Compare and Applied
Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
*Applicable for selected customers
