Yes, you can prepay or foreclose your Personal Loan after the payment of at least one EMI. However, charges (and taxes) will be applicable for foreclosing a personal loan.
Part prepayment is allowed. For prepayment of your Personal Loan, please visit the nearest ICICI Bank branch. We request you to carry the following documents to complete the process:
For prepayment of your Personal Loan, please visit the nearest ICICI Bank Asset Servicing Branch. We request you to carry the following documents to complete the process:
In case you are unable to visit our branch for prepayment of your loan, you can send your representative along with an authority letter duly signed by the loan applicant, for payment. The co-applicant or third party visiting the branch for closing the loan needs to carry the documents mentioned below:
A processing fee is levied on loan, basis the defined pricing matrix followed by the bank. This fee will be deducted from the disbursal amount payable to you.
Loans are approved within 72 hours* of submission of complete documentation.
*Loan Cancellation Charges
*Acceptance of request for cancellation of loan is at the sole discretion of the Bank.
You can repay the loan in Equated Monthly Instalments (EMIs). If you have an ICICI Bank Account, you can mandate us to directly debit the same through auto debit mandate or if you have an alternate bank account, then through NACH mandate.
Personal Loan interest rates are applied basis the defined pricing matrix followed and standardised by the bank as per customer’s profile. Personal Loan rates vary from 10.85% to 16.25% per annum.
Please click any of the links below or type your query if you don’t see the right option.
The loan can be repaid over a period of 12 to 72 months
We offer Top-up facility if you have paid 6 Equated Monthly Instalments (EMIs) on the existing Personal Loan. You can make a request for Top up on existing Personal Loan through the following modes:
Based on your kind of business and your relationship with ICICI Bank, the final loan amount is decided.
To check your loan amount, please Click here
Yes. You can pre-close or pre-pay your Business Instalment Loan (BIL) by paying the applicable pre-closure charges after payment of one Equated Monthly Instalment (EMI).
We offer Balance Transfer Facility if you have paid 12 EMI. Please contact your nearest branch or our call center for further details.
To check the maximum tenure under BIL, please CLICK HERE
EMI is short form “Equated Monthly Instalment” or the Amount that is payable per month if you take a personal loan of a certain amount for a certain period. The calculation of EMI depends on 3 main factors:
You can Place the request for New Personal Loan through the following Channels:
Online process without login:
Log in to www.icicibank.com --> Main Page --> Click on Products -->Loans--> Select Personal loan--> Request a call
Internet banking:
Log in to www.icicibank.com with your user ID and password--> Main Page --> Select Loans options in My Accounts --> Click on Apply for Loans --> Under Personal loan option - Click on Apply now --> Check the Eligibility and Click on Apply Now
Log in to www.icicibank.com --> Main Page--> You can see the Pre qualified offers for Personal loan --> click on Instant approval
Customer Care:
You may also call our Customer Care on 1800 1080 between 8:00 a.m. to 8:00 p.m.
To know the Customer Care numbers, we request you to click here.
ICICI Bank branch :
Please visit the nearest ICICI Bank Loan servicing branch along with your valid ID proof, Address Proof, 3 Months bank statement in which his salary is credited, Latest 3 months Salary slips and Form -16 for the current / previous financial year.
We request you to look for the nearest ICICI Bank Loan Servicing Branch in our website: www.icicibank.com >> Find ATM/Branch.
The documents required are KYC Documents and Income Documentation.
Yes. We offer Personal Loan for business purpose. To apply for Business Loan, please visit the nearest ICICI Bank branch along with your valid ID proof.
There are 7 types of BIL Programme
For more details please CLICK HERE
You may update your mailing address, mobile number or e-mail ID with below:
You can make a request for Personal Loan through the following modes:
Internet Banking:
Click here to apply for a Personal Loan.
Customer Care:
You may call our Customer Care on 1800 1080 between 08:00 a.m. and 08:00 p.m. (Monday-Saturday) To know the Customer Care numbers, please click here .
ICICI Bank branch:
Please visit the nearest ICICI Bank Asset Servicing Branch along with your valid ID proof, address proof, 3 months bank statement in which your salary is credited, last 3 months' salary slips and Form -16 for the current/ previous financial year. To locate the nearest ICICI Bank Asset Servicing Branch, visit maps.icicibank.com/mobile .
Insta Personal Loan (PL) offer will be visible to customers during the first 10 completed transactions. Additionally, after availing the Insta Personal Loan through the ATM, the offer will not be shown.
We offer Top Up facility if you have paid 12 EMI on the existing Personal Loan. You can Place the request for Top up on existing Personal Loan through the following Channels:
Internet Banking
Log in to www.icicibank.com with your user ID and password--> Main Page --> Select Loans options in My Accounts --> Click on Apply for Loans --> Under Personal loan option - Click on Apply now --> Check the Eligibility and Click on Apply Now
Customer Care:
You may also call our Customer Care on 1800 1080 between 8:00 a.m. and 8:00 p.m.
To know the Customer Care numbers, we request you to click here
ICICI Bank branch :
Please visit the nearest ICICI Bank Loan servicing branch along with your valid ID proof, Address Proof, 3 Months bank statement in which his salary is credited, Latest 3 months Salary slips and Form -16 for the current / previous financial year.
We request you to look for the nearest ICICI Bank Loan Servicing Branch in our website: www.icicibank.com >> Find ATM/Branch.
No. ICICI Bank Business Instalment Loan doesn’t require any collateral or security guarantee. It is an unsecured loan.
The minimum business vintage required under BIL is 5 years. Current 2 years and Total >= 3years