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ICICI Bank Personal Loan

ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI) , an Indian financial institution, as a wholly owned subsidiary in 1994. It is an Indian Multi-national banking and financial service provider headquartered in Mumbai.

ICICI Personal Loan is available easily without any security or collateral to ensure repayment of the loan amount. One can avail ICICI Personal Loan in a diverse variants and a hassle-free process. ICICI has an easy loan process, ensures easy approval of the loan and fast disbursement of the approved total loan amount.

ICICI Bank has its own rates, which makes the ICICI Personal loan best for any salaried or professional indivisiual.


ICICI bank Personal loan puposes:

Personal loan for dream vacation, a perfect wedding, home renovation or a much deired gadget, you no longer need to wait to realize your dreams. Make life picture perfect with ICICI Bank Personal Loans.

Introduction to ICICI Bank Personal Loan
  • Multi-purpose personal loan
  • Fixed rate of Interest, Interest charged on monthly reducing basis
  • Flexible tenures up to 60 months
  • No security, no collateral
  • Loan payable in easy installments
  • Repayment through Auto-debit / ECS / PDC

End use of the ICICI Bank Personal Loan can be House renovation, Holidays, Purchase of consumer durables, Education, Marriage, Short Term loan for equipment purchase, Short Term Working Capital, Any other personal emergency.

Benefits of ICICI Bank Personal Loan : Convenient and Fast

Get a personal loan without any security or guarantor with minimum documentation. Loan Disbursement within 72 hours* of document submission.

  • Interest rate remains unchanged throughout the loan tenure
  • Simple documentation - It can be accessed with minimal paperwork and documentation and doesn’t take much time.
  • Quick processing
  • Direct credit of the loan amount through Fund Transfer (FT)
  • Simple repayment options of ECS, AD or PDC. You can also choose duration as per your choice and tenure starts from minimum 12 months to maximum 60 months

Personal Loan EMI Calculator

Calculate your personal loan EMI payments and compound Interest

  • Get flexible repayment options of 12-60 months.
  • Pay interest 10.99% onwards.
  • Get Loan disbursement within 72 hours*

Get Rate of Interest Quote:

Personal Loan Eligibility

You can avail of an ICICI Bank Personal Loan if you meet the following criteria:


Eligibility Criteria for Salaried Individuals

Criteria for ICICI Personal Loan  Age:- Minimum 23 years to 60 Years.
Salary for ICICI Personal loan  Salary:- Minimum 17,500/-pm.
Salary for ICICI Personal loan  Mumbai and Delhi Residents:- Salary should be 25,000/-pm.
Salary for ICICI Personal loan  Metro City Residents:- Salary should be 20,000/-pm (Residents of Bangalore, Chennai, Hyderabad, Kolkata or Pune).
Salary for ICICI Personal loan  Work Experience:- The applicant must have a total work experience of 2 or more years.

Eligibility Criteria for Self Employed Individuals

Age Criteria for ICICI Personal Loan  Age :- Minimum 28 years to 65 Years.
Doctor age for Personal Loan  Doctors :- For professional doctor the minimum age is 25 years and they should be in the business for at least 3 years.
Professional's age for Personal Loan  Professional's Turnover :- Professional's minimum turnover should be 15,00,000/-.
Business Owner Turnover for ICICI  Business Turnover :- Professional's minimum turnover should be 40,00,000/-.
Self-Employed Profit for ICICI  Self-Employed Profit :- Professional's minimum turnover should be 2,00,000/-.
Bank Statement for ICICI  Business Period :- Applicant should be in the current business for a minimum of 5 years.

Documents Required for Personal Loans

List of documents for Salaried

  • Bank Statement for ICICI   Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  • Bank Statement for ICICI   Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Bank Statement for ICICI   Latest 3 months Bank Statement (where salary/income is credited).
  • Bank Statement for ICICI   Salary slips for last 3 months.
  • Bank Statement for ICICI   2 Passport Size photographs.

List of documents for Self-Employed

  • Bank Statement for ICICI   KYC Documents : Proof of Identity; Address proof; DOB proof.
  • Bank Statement for ICICI   Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  • Bank Statement for ICICI   Income proof (audited financials for the last two years).
  • Bank Statement for ICICI   Latest 6 months Bank statement.
  • Bank Statement for ICICI   Office address proof.
  • Bank Statement for ICICI   Proof of residence or office ownership.
  • Bank Statement for ICICI   Proof of continuity of business.

Fees and Service Charges

ICICI Bank offers higher loan eligibility and lower EMIs at attractive interest rates. Please click here to know more about fees and service charges applicable for ICICI Bank Personal Loan.

Disclaimer: The products, services and offers referred to herein are subject to the terms and conditions governing them as specified by ICICI Bank from time to time at www.icicibank.com.


Simple Loan Process

Turning Money Problem Into Solutions
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Choose Loan Amount

Choose your loan amount and terms to use loan

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Provide Document

Need to provide some basic document to verification

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Approved Loan

Our loan specialist ask fews question and verify docuements.

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Get your Money

Once loan aprroved you get loan amount credit.