Get a Personal Loan from ICICI Bank with Low

Personal Loan from ICICI Bank offers 10.99% to 16.25% p.a. personal loan interest rates. If you pick to pre-pay the loan amount, you’ll be charged 5% p.a. of the excellent loan amount. The processing charge might be waived off if the borrower has paid 12 EMIs and is the usage of his/her very own budget to pre-pay. The part pre-fee facility isn’t available. 

The bank gives a scheme for personal rates consisting of weddings, domestic renovations, and vacations to salaried individuals. The different scheme is solely for self-hired individuals, non-professionals, and doctors. 

Personal Loan from ICICI Bank

This is a multi-cause loan scheme that gives as much as Rs.20 lakhs and may be availed through salaried individuals that earn not less than Rs.17,500 in line with the month. ICICI Bank guarantees to disburse the loan amount in 3 seconds after online verification and very last reputation are done. The loan may be repaid in EMIs for the duration of the loan tenure which may be everywhere among 365 days and 60 months. 

Personal Loan from ICICI Bank schemes: 

• Wedding Loan: You can avail of a loan to attend to your wedding ceremony rates. No collateral desires to be pledged and the simplest minimum documentation is required. 
• Holiday Loan: You can avail of the vacation loan to attend to your excursion rates to any favored destination. The documentation is simple, and the loan amount is processed and dispensed quickly. 
• Home Renovation Loan: You can get a domestic preservation loan with minimum documentation and no protection as much as Rs.20 lakhs. 
• Top-up Loan: The top-up loans assist you to get an extra loan thru ICICI Bank. You can get the loan one by one and pay EMIs – one for the bottom loan and one for the brand-new loan. Alternatively, you may get a loan that consists of the last amount of the bottom loan plus an extra amount.  
• Fresher Funding: You can get a loan of as much as Rs.1.5 lakhs as a brisker investment with no collateral. Any character above the age of 21 years can get this loan with simplified documentation. 
• NRI Personal Loan: NRIs can avail as much as Rs.10 lakh as NRI Personal loan from ICICI Bank. This personal loan interest rate begins at 15.49%. The documentation is simple, and the most tenure is 36 months. 

Factors affecting Personal Loan from ICICI Bank

ICICI Bank makes a decision on the interest rate relevant on a loan and may extrude the rate now and again too. Here are some elements that decide the rate of interest in your Personal Loan from ICICI Bank: 

• Loan applicant’s ownership of the house 
• The salary bracket of the character 
• The profession of the applicant – salaried/self-hired 
• Credit rating of the loan applicant 
• Repayment potential of the person 
• Loan tenure 
• Various personal loan schemes – Personal Loan/Business Instalment Loan 

Documents Required for Personal Loan from ICICI Bank

If you’re a salaried applicant, right here are the documents you need to submit for a Personal Loan from ICICI Bank: 

• ID Proof: Anyone in all PAN cards, using a license, passport, or voter ID 
• Residence Proof: Anyone in all passport, current application bills, or rent or lease agreement 
• Salary slips for the final 3 months 
• Bank declaration for the final 3 months 
• 2 passport length photographs 

Here are the documents required for a Personal Loan from ICICI Bank for self-hired individuals: 

• KYC Documents: ID evidence, house evidence, evidence of the date of birth 
• Income Proof: Audited economic statements for the final 2 years 
• Proof of workplace or house ownership 
• Proof of workplace address 
• Bank statements for the final 6 months 
• Proof of continuity of business 

Conclusion: 

To conclude, you can get a low ICIC Bank personal loan interest rate with flexible repayment tenure. So, what are waiting for? Come to Afinoz.com and apply for ICICI Bank personal loan and get a high loan amount with a low personal loan interest rate.