ICICI Bank Personal Loan in Chennai

Last Updated : Aug. 30, 2018, 3:35 p.m.

ICICI Bank Personal loan in Chennai Interest Rate

Have a look at the important details about ICICI Bank Personal loan in Chennai here.

Apply Personal Loan @ 10.75%* Rate

ICICI Bank Branches in Chennai with IFSC Codes

The list of ICICI Bank branches in Chennai has been mentioned below along with their addresses, IFSC and MICR codes.

ICICI Bank Personal Loan Customer Care

1800 200 3344 is the customer care number that you need to dial so as to be in touch with the executives. However, the best part is that you can get in touch with these professionals anytime so as to get the best solutions of all your queries or complaints.

Eligibility Criteria

The eligibility norms for an ICICI Bank Personal loan Chennai have been given below. Check them out to see if you are eligible or not.

For Salaried employees:

• The applicant must fall in the age group of 23 to 58 years. This clearly means it is mandatory to have attained the age of 23 in order to avail a personal loan.
• The applicant should be living in his/her present residence for a period of at least one year
• The applicant must earn a stable income if he/she wishes to obtain a personal loan. The minimum salary every month should be ₹17,500. In case, the person lives in either Mumbai or New Delhi, then he/she needs to earn at least ₹25,000 each month. Those who reside in Pune, Kolkata, Hyderabad, Chennai and Bengaluru are supposed to earn at least ₹20,000 each month.
• He/she should be working in their current profession or job for a period of at least two years.

Self-employed individuals:

• The applicant should fall in the age bracket of 28 to 65 years. The loan needs to be fully repaid before the applicant completes 65 years of age. The bank has imposed the minimum age as 25 years for doctors.
• A business stability of a minimum of five years is required for self-employed individuals. Doctors should be employed in their profession for a minimum period of three years.
• A minimum turnover is compulsory to get a personal loan from the bank. For non- professionals, the turnover must be at least ₹ 40 lakhs and for professionals, it should be at least ₹15 Lakhs.
• A minimum profit after tax is also required for a hassle free disbursal of your loan. It must be ₹1 Lakh for non-professionals and ₹2 Lakhs for self-employed professionals or any partnership firm.
• A liability (savings or current account) relationship or an asset (loan) relationship must be there with the bank. The applicant must have such relationship for a minimum of one year for an account that is either opened or closed in the last three years.

ICICI Bank Personal Loan EMI Calculator

When it comes to availing the personal loan, EMI is one such critical aspect that you always need to look at. And, nothing is better than an EMI Calculator to understand the nitty and gritty of your personal loan EMI. Yes, with the help of this standalone device you can not only know the exact calculations of loan’s EMIs, Interest Outgo and Total Amount Payable, but can also take a calculative decision.

For your reference, below is a table, reflecting the calculations on a loan amount of ₹2 Lakh, taken for a tenure of 5 years at an interest rate of 15.65% per annum.

Documents Required to Apply

The list of important documents has been given below. Don’t forget to check them out.

Salaried individuals:

• Identity Proof- PAN card/ Voter ID card/ Passport/ Driving License
• Two Photographs of passport size
• Proof of Address- Leave and License agreement/ Passport/ Telephone bill/ Water bill/Electricity bill
• Bank statement of the last three months, where the applicant’s salary is being credited
• Salary slips of the previous three months

Self-employed individuals:

• Proof of Address- Leave and License agreement/ Passport/ Telephone bill/ Water bill/Electricity bill
• Age Proof- Birth certificate/ High school marksheet/ Passport
• Bank statement of the previous six months
• Proof of office address
• Identity Proof- PAN card/ Voter ID card/ Passport/ Driving License
• Proof of continuity of the business
• Income tax returns of the last two years
• Proof of ownership of office
• Audited Balance Sheet plus Profit & Loss account

In case you want more information, you can refer to Personal Loan Chennai .

About ICICI Bank Personal loan in Chennai

ICICI Bank is an acclaimed private sector bank in India which has acted as a safeguard for the wishes of so many people. The bank has provided financial aid to many customers in India since 1994. It was originally promoted as a banking subsidiary. The bank has covered every state of the country through its 4500 branches and 14,000 plus ATMs. It is the first Indian bank which was listed on the New York Stock Exchange. The headquarter of the bank is established in the entertainment capital of India, Mumbai. ICICI bank has a strong presence in 19 countries including our India. It has always delivered products which have kept the customer always happy and content. The bank has been appreciated for its outstanding products and services from the industry as well customers. The bank won the Best Retail bank in India at the 2016 Asian Banker International Excellence in Retail Financial Services Awards. It won the award for the third time at a stretch.

Chennai, the capital of Tamil Nadu is one of the metro cities of India. It is a major hub of trade, education, information technology, medical and tourism. The city is on growth spring and has received investment from various corners.ICICI bank has more than 100 branches in the city which are smoothly operating. People in the city of Chennai can now nurture any of their wishes through the aid of ICICI bank personal loan. The loan is useful for any purpose, whether, it is a medical emergency or a foreign travel or even a marriage. The product comes with easy monthly installments, lower interest rates and flexible repayment tenure.