Highlights
- Avail ICICI Personal Loan at an Attractive Interest Rate
- Reduce Your Loan Burden and Save More on Your EMI and Interest Outgo
Don’t know which bank gives the lowest interest rate for a personal loan? If yes, this page is for you. Want to avail a personal loan that comes with an attractive interest rate of 10.50% per annum? Yes, it is absolutely true! ICICI Personal Loan Interest Rates being lowest, allow you to enjoy the affordable EMIs, hence reduce your loan burden. If you are curious to know more, just go through the page further.
Apply ICICI Personal Loan @ 10.50%* Rate
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ICICI Personal Loan Interest Rates February 2023
To get more insights on the personal loan interest rates, just go through the table below.
| Particulars | Details |
|---|---|
| Interest Rate | 10.50% - 18.00% |
| Loan Amount | Upto INR 40 Lakh |
| Tenure | 5 Years |
| Processing Fees (Non-Refundable) | INR 4999(>=10 Lac) or 2% of the loan amount + GST |
| Prepayment Charges | 5% of principal outstanding + GST |
| Additional Interest on late payment | 24% per annum |
| Repayment Mode Swap Charges | INR 500 per transaction plus GST |
| Amortisation Schedule Charges | INR 200 per schedule plus GST |
| Statement of Account Charges | INR 200 per schedule plus GST |
| Prepayment/Foreclosure Statement Charges | INR 100 per schedule plus GST |
| Duplicate No Objection Certificate/ No Due Certificate | INR 500 per NOC plus GST INR 200 per NDC plus GST |
| Duplicate Prepayment/Foreclosure Statement Charges | INR 200 per schedule plus GST |
| Loan Cancellation Charges | INR 3000 plus GST |
| EMI Bounce Charges | INR 400 per bounce plus GST |
ICICI Interest Rates for Salaried Corporates
| Corporate | Salary Band | Special Corporate Offer (ICICI Bank Relationship) | Special Corporate Offer (Non ICICI Bank Relationship) | Processing Fee ((ICICI Bank Relationship) | Processing Fee ((Non ICICI Bank Relationship) |
|---|---|---|---|---|---|
| Emerald Corporates | NTH >/= 35 K | 10.99% | 10.99% | 0.99% | 0.99% |
| Emerald Corporates | NTH < 35 K | 11.49% | 11.49% | 1.25% | 1.25% |
| Diamond Corporates | NTH >/= 35 K | 10.99% | 10.99% | 0.99% | 0.99% |
| Diamond Corporates | NTH < 35 K | 12.49% | 12.49% | 1.25% | 1.25% |
| Pearl Corporates | All Bands | 13.99% | 14.75% | 0.99% | 1.25% |
| Ruby Corporates | All Bands | 15.50% | 15.75% | 1.50% | 1.75% |
| Topaz Corporates | All Bands | 15.50% | 15.75% | 1.50% | 1.75% |
For Group Offer
| Corporate | Salary Band | Special Corporate Offer (ICICI Bank Relationship) | Special Corporate Offer (Non ICICI Bank Relationship) | Processing Fee ((ICICI Bank Relationship) | Processing Fee ((Non ICICI Bank Relationship) |
|---|---|---|---|---|---|
| Reliance Group | All Bands | 12.99% | 12.99% | 0.75% | 0.75% |
| ICICI Group Employees | All Bands | 11.75% | 11.75% | ₹1,999 | ₹1,999 |
Special Industry Offer
| Corporate | Salary Band | Special Corporate Offer (ICICI Bank Relationship) | Special Corporate Offer (Non ICICI Bank Relationship) | Processing Fee ((ICICI Bank Relationship) | Processing Fee ((Non ICICI Bank Relationship) |
|---|---|---|---|---|---|
| BFSI | All Bands | 13.99% | 13.99% | 0.99% | 0.99% |
| Pharma | All Bands | 13.99% | 13.99% | 1.25% | 1.25% |
| Private Banks | NTH >/= 75 K | 12.75% | 12.75% | ₹2,999/- | ₹2,999/- |
| Private Banks | NTH 35K - 75K | 12.99% | 12.99% | ₹ 2,999/- | ₹2,999/- |
| Private Banks | NTH <35 K | 13.49% | 13.49% | ₹2,999/- | ₹2,999/- |
| PSU Banks | NTH >/= 50 K | 13.25% | 13.25% | 1.49% | 1.49% |
| PSU Banks | NTH 35K - 50K | 14.70% | 14.70% | 1.49% | 1.49% |
| PSU Banks | NTH <35 K | 15.75% | 15.75% | 1.49% | 1.49% |
Special Government Offer
| Corporate | Salary Band | Special Corporate Offer (ICICI Bank Relationship) | Special Corporate Offer (Non ICICI Bank Relationship) | Processing Fee ((ICICI Bank Relationship) | Processing Fee ((Non ICICI Bank Relationship) |
|---|---|---|---|---|---|
| Government-Diamond | NTH >/= 75 K | 11.29% | 11.29% | 1.50% | 1.50% |
| Government-Pearl | NTH 35K - 75K | 11.50% | 11.50% | 1.50% | 1.50% |
| Government-Ruby | NTH <35 K | 13.50% | 13.50% | 1.50% | 1.50% |
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
- Pre-payment 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 rates of personal loan balance transfer are low and are available if you have paid 12 EMIs in your existing bank. With the help of availing BT, you can save a lot on your EMIs and Interest, hence can further invest that saving in the future. By transferring your existing loan in ICICI, you can not only enjoy the best icici personal loan interest rates but can also get the benefit of pocket-friendly EMIs.
ICICI Bank Personal Loan EMI Calculator
With the help of a personal loan EMI Calculator online knowing your EMIs is no more a hassle. This smart and magical tool allows you to know the exact calculations of your EMIs, Interest and Total Amount Payable in just a few seconds. The device after taking into account-Loan Amount, Interest Rate and Tenure give you the accurate results in just a few seconds so that you can make a calculative and smart decision in the future. This is the reason why the ICICI Personal loan EMI Calculator is widely used by all the borrowers as it helps in clearing all the confusion by letting you know whether your EMIs are pocket-friendly or not so that you can take a calculative decision in the future.
ICICI Personal Loan Customer Care Number
Just dial 1860 120 7777 from your mobile or landline in order to get in touch with the bank. The bank executives with their expertise and knowledge are always there to solve all your queries and complaints 24×7. No matter what complex query, concern or complaint you have, the highly experienced and professional team members listen to your problem first and then give you the best solution/advice regarding the same. With their friendly nature and expertise. These professionals are always there to help and guide you, making your journey a hassle-free experience.
ICICI Personal Loan Status
If you are curious to know the real-time status of your ICICI Personal Loan. Don’t worry as everything can easily be done online. That’s Right! In just a few seconds, you can know the actual status of your personal loan application as all you need to do is simply login to your ICICI Account. Yes, just log-in to your account to know whether your loan application is approved, pending or rejected. It is that easy and fast!
ICICI Personal Loan Eligibility
There are certain eligibility norms that you need to know before availing this credit facility. The bank usually calculates the eligibility of an applicant after taking into account many factors such as age, income, credit score, job stability, work experience, etc. If an individual meets the criteria mentioned above. It would be a smooth journey for him to get the ICICI Personal Loan. However, different banks have different eligibility norms. So before you apply for a loan. Check the norms set by a lender so as to avoid the last minute hassle.
Frequently Asked Questions
1. What is the current ICICI personal loan interest rate?
Currently, the ICICI bank is charging an interest of 10.50% to 18% per annum on personal loans. You will know the exact interest rate from the bank at the time of applying for the loan.
2. What is the interest rate of ICICI personal loan 2022?
The interest rate of ICICI Personal loan 2022 is 10.50% to 18% per annum and you can get the lowest rate of interest if you have a high Cibil Score.
3. What is the rate of interest of 3 lakh in ICICI bank?
The rate of interest of 3 lakhs in ICICI bank is 10.50% to 18% per annum. The exact rate of interest will be between this slab.
4. What is the interest of 7 lakh in ICICI bank?
10.50% to 18% per annum is the rate of interest on an INR 7 lakhs ICICI Bank personal loan and it depends on your income and loan repaying capacity.
5. What is the interest of 5 lakhs in ICICI bank?
The ICICI bank charges an interest rate of 10.50% to 18% per annum on any personal loan amount. So it is the same on the loan amount of INR 5 lakhs.
6. What is the rate of interest of 10 lakh in ICICI bank?
You will have to pay interest at the rate of 10.50% to 18% per annum if you are borrowing a personal loan of INR 10 lakhs from the ICICI Bank.
7. What will be the interest rate of ICICI personal loans for senior citizens?
The rate of interest for senior citizens on ICICI Personal Loan starts from 10.50% per annum and it can be as high as 18% per annum.
8. What will be the interest rate of ICICI personal loans for women?
There is no fixed interest rate for women on the ICICI bank personal loan but there is a slab of 10.50% to 18% per annum. Your interest rate will be between this slab.
9. What is the ICICI Personal Loan Customer Care number?
The ICICI Bank Personal Loan Customer Care Number is 1800-120-7777 and it can be used for personal banking and loan inquiries.
10. How can I negotiate with ICICI on the personal loan interest rate?
If you have a high income and a high Cibil Score then you can negotiate with ICICI bank on the personal loan interest rate. You can get the loan at the lowest interest rate possible.