ICICI Bank provides personal loans of approximately Rs. 20 lakh, which can be easily availed with very little paperwork for a tenure of 12 to 60 months. Relying on your requirement you can choose from different kinds of individual finances offered by ICICI Financial institution consisting of Wedding event Car loan, Vacation Car Loan, House Renovation Loan, Better Financing and also NRI Personal Loan. Keep reading to know various details regarding ICICI Bank Personal Loan.
Personal loan Interest rates of ICICI Bank ranging from 11.25% to 17.99% p.a. Special interest rates are applicable to personal loan for NRIs which start from 15.49% p.a. Specific personal loan interest rates applicable to an applicant are dependent upon multiple factors including but not limited to credit score, loan amount, customer segment and location.
Depending on the end-use, personal loans can belong to one of the following categories:
ICICI Bank Wedding celebration Loan supplies you the added funds that you may require to deal with the last minute immediate wedding costs like venue reservation, guest accommodation, food catering, buying, jewelry, invite cards, and so on. The application procedure is straightforward and requires minimal paperwork. Some crucial functions of ICICI Bank’s Wedding celebration Finance are as adheres to:
ICICI Financial institution supplies house restoration car loan for individuals who desire to get their residence remodelled. This personal Loan can money essential repairs or aid the applicant obtain new fittings, components and furnishings for their house. Some crucial functions of ICICI Financial institution House Restoration Car Loan are:
ICICI Financial institution’s Vacation Financing can aid you arrange for your desire vacation with marginal trouble. This individual finance from ICICI can money a series of vacation-related costs consisting of trip ticket booking, hotel holiday accommodations, guided scenic tours, etc. Key functions of ICICI’s Holiday Financing are:
A bulk of unprotected personal loans are targeted at individuals with a normal revenue nonetheless ICICI Bank’s Fresher Loan is various. This finance option from ICICI Bank is designed to aid betters i.e. a current graduates seeking their very first task. Some vital attributes of ICICI Bank Better Financing personal loan are as follows:.
Understanding the needs and also dreams of NRIs, ICICI Bank supplies a personal loan especially for NRIs. The primary finance candidate needs to be an Indian local and the co-applicant NRI must be a close relative. Individual Loan for NRIs consists of the following features.
ICICI Bank provides top-up loan on existing personal car loans to help people fulfill their step-by-step financial requirements. There are two leading up loan alternatives used by ICICI Bank to an applicant. You can either select to obtain a new financing along with your existing personal Loan to fulfill a new financial need or obtain a top-up on your existing individual financing. In case you opt for 2 different Loan, you will require to pay separate EMIs– one for the existing financing and also an additional for the new finance. However, if you choose a top-up on the existing loan quantity you pay a single combined EMI on the whole loan amount. A Leading up Financing consists of the following attributes:.
The following documents are required to avail ICICI Bank Personal Loan:
For salaried professionals:
For self- employed individuals: