The bank which you can trust for the best banking product and services is ICICI Bank. And, for your urgent fund requirements, it helps you by offering a personal loan. Using the ICICI personal loan you can borrow a desired loan amount and can satisfy your fund needs. The personal loan interest rates are attractive and bring a longer repayment duration maximum up to 60 months. To know about ICICI personal loan features and details read the given article
Attractive ICICI personal loan interest rate, longer tenure and desired loan amount
ICICI Bank provides loans to the customer up to INR 10 lakh at an interest rate of 11.25% per annum. The loan amount can be paid in equated monthly loan installments and any salaried or self-employed individual is eligible for ICICI personal loan. To get a loan from ICICI Bank your minimum age must be 23 years and net income should be INR 25,000. And, self-employed applicants should have a minimum turnover of INR 15 lakh in the last financial year and age must be 28 years during the loan application. If you meet the loan eligibility criteria then instantly you can get your borrowed amount at a lower interest rate.
Are there any online tools for EMI and loan calculation?
You can use the ICICI personal loan EMI and eligibility calculators to make your loan process easier and better. The online tools are accessible for all customers and you can use it by visiting the bank official website. The EMI calculator computes an approx. loan installments of the borrowed amount by taking into account your loan details such as principal amount, interest rate and loan tenure. The same is done by the ICICI personal loan eligibility calculator you just need to insert your details such as monthly income, source of income, residing state, relationship with the bank, etc.
Submit a few charges and documents and get ICICI personal loan
The loan application process is easier and you can apply for it by going to your nearest ICICI Bank branch or using its online service. You just required to submit a few documents for the loan process such as Aadhar card, PAN Card, Driving License and other ID proof. Also, you need to submit a few income proofs like salary slip, bank statement, ITR report and Form 16. After the submission of the documents, you have to pay certain charges for your ICICI personal loan for instance processing. The processing fee is 2.25% of your borrowed amount and it is non-refundable.
So, apply for a personal loan from ICICI Bank and make your wedding, medical or child’s education expenses manageable. The loan amount and the applied interest rate can be paid using ECs, NACS, PDCs or auto-debit payment methods. You can also make prepayment of the loan outstanding amount when you meet with a lump sum amount. To make prepayment you need to pay a 5% loan outstanding amount as prepayment or foreclosure charge to the bank. All in all, ICICI personal loan is the most suitable for your financial needs and you can apply for it to solve your problems.