### ICICI Personal Loan

ICICI Bank offers personal loans with annual percentage rates as high as 10.50 percent for loan amounts ranging from Rs 50,000 to Rs 25 lakh with terms as long as six years. Pre-approved rapid personal loans are available to ICICI Bank customers, with loan payout occurring within three seconds after loan acceptance. Existing personal loans from other banks or non-banking financial institutions (NBFIs) may be transferred to ICICI Bank at a lower interest rate using the bank's balance transfer service. Customers with ICICI Bank pay accounts may also use the bank's overdraft facility.

#### Types of ICICI Bank Personal Loans

##### Top-up Personal Loan

Purpose: The borrower's personal demands may be met with a fast-processing and fast-disbursement loan that supplements their existing borrowing capacity.

Loan Amount: From Rs 50,000 to Rs 25 lakh

##### Personal Loan Balance Transfer

Purpose: Transferring an existing personal loan to ICICI Bank at a lower interest rate from another bank or NBFC.

Loan Amount: It is up to Rs 1,50.000

##### FlexiCash

Purpose: In order to help ICICI Bank salary account holders meet any unforeseen expenses that may occur, the bank offers a short-term credit or overdraft option

Processing Fee: From Rs 1,999 + taxes.

##### NRI Personal Loan

Purpose: Non-resident Indians are the target audience for this programme.

Loan Amount: It is up to Rs 10 lakh

Pre-Approved Personal Loan

Purpose: ICICI customers may take use of a three-second loan disbursement option for personal loans.

Loan Amount: It is up to Rs 50 lakh

Tenure: its if 1 to5 years

Pre-Qualified Loan

Purpose: Online personal loans are accessible with a simple application and a quick turnaround time.

### Why Choose ICICI Bank Personal Loan?

- Loans for personal use may be applied for online in a simple manner with a quick response time.
- Interest rates that are affordable and flexible.
- Loan acceptance in as little as 24 hours .
- Simple documentation process and complete transparency.
- Loan amounts up to Rs. 25 lakhs
- Flexible repayment choices ranging from 1 to 5 years
- No hidden fees and low processing fee
- Money in your account in as little as 2 days

### Prepayment of ICICI personal loan

After making six monthly payments, a borrower has the option of paying off the whole loan amount at any time. No provision for partial repayment and prepayment penalties would be applied to the outstanding loan sum. 5 percent of the outstanding balance + GST are the prepayment penalty for the ICICI personal loans.

If you need to make a payment on your loan, you may stop by an ICICI bank branch. There is no need to provide anything more other than the loan application and a signed Request letter from the applicant.An identity card provided by the government, the PAN card is known as (if the mode of payment is cash and the amount exceeds Rs 50,000). A demand draught may be used to pay in cash, via check, or in any other manner.

#### What makes Credit right platform to apply for an Individual Loan?

##### Most trustworthy lenders

In order to present you with the best loan alternatives from various lenders in one place, Credit has partnered with more than 30 banks, non-bank financial institutions, and fintech businesses.

##### Make comparisons

What's the best option? Using a few mouse clicks, you can research and compare personal loan offers from India's leading banks, non-banking financial institutions (NBFCs), all on one screen.

##### Personalised options available

With a high degree of acceptance assurance, we provide customised solutions Credit ranks personal loan offers based on your credit score and other qualifying factors to determine which ones are most relevant to you. Your loan application will be accepted if you use this information to help you choose the best deal.

##### Can gain benefit from Pre-approved loans

These loans are those that have already been authorised. Once you've joined the Credit community, you'll get personalised pre-approval offers for personal loans based on your credit score and history. There is minimal to no verification required for these loans and the processing expenses are inexpensive.

##### Right advice

Credit's team of experts will assist you in every stage of the procedure, coordinate with lending banks/NBFCs, and help you get the best personal loan for your needs.

When it comes to applying for a personal loan, credit.nsserver.in is a 100% digital-only company, which means that you can apply from the comfort of your own home with zero to little paperwork and an entirely digital experience.

##### End-to-end Assistance

After you complete your loan application, Credit representatives will visit your home or place of business at a mutually agreed-upon time and day to pick up any physical papers that is needed. Credit takes care of everything for you, so you don't have to go to a lending institution in person to submit your documentation. Comprehensive Help from Start to Finish Credit's team is always by your side, working with the lenders to make sure you have an excellent experience from beginning to finish, from searching for a loan choice to getting the sanctioned money in your bank account.

###### Personal Loan by Top Banks

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