ICICI Personal Loan Interest Rates
Interest Rates 2017 222 views
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Table of Contents
About ICICI Personal Loan Interest Rate
| Particulars | Details |
|---|---|
| Interest Rate | 11.00% - 18.49% per annum |
| Loan Amount | For Salaried: Up to ₹ 20 lakhs. For Self-employed: Up to ₹ 30 lakhs For Doctors: Up to ₹ 40 lakhs |
| Tenure | 5 Years |
| Processing Fees (Non-Refundable) | Upto 2.25% per annum of loan amount plus GST |
| Prepayment Charges | 5% per annum of principal outstanding plus GST |
| Additional Interest on late payment | 24% per annum |
| Repayment Mode Swap Charges | ₹ 500/- per transaction plus GST |
| Amortisation Schedule Charges | ₹ 200/- per schedule plus GST |
| Statement of Account Charges | ₹ 200/- per schedule plus GST |
| Prepayment/Foreclosure Statement Charges | ₹ 100/- per schedule plus GST |
| Duplicate No Objection Certificate/ No Due Certificate | ₹ 500/- per NOC plus GST/₹ 200/- per NDC plus GST |
| Duplicate Prepayment/Foreclosure Statement Charges | ₹ 200/- per schedule plus GST |
| Loan Cancellation Charges | ₹ 3000/- plus GST |
| EMI Bounce Charges | ₹ 400/- per bounce plus GST |
Note: Current GST applicable is 18.00% with effect from July 01, 2017.
Fees & Charges on ICICI Personal Loan
- Prepayment of the loan is possible any time during the loan tenure subject to payment of standard pre-closure charges of 5%+GST
- Prepayment charges (if any) will be waived off if the customer has paid 12 or more EMIs
- Prepayment charges are not applicable in case of balance transfer
ICICI Bank Personal Loan Balance Transfer Interest Rate
There is a balance transfer facility for personal loans at ICICI Bank. The interest rate for the personal loan balance transfer is low and is available if you have paid 12 EMIs in your existing bank.