ICICI Bank
PERSONAL LOAN
We all have dreams. We often dream of a refreshing holiday trip, a perfect wedding, to renovate our home or to buy that cool gadget. You can realise all your dreams with ICICI Personal Loan scheme. Some of the salient features of ICICI Personal Loan are
- Fixed reducing rate of interest
- No collateral required
- Easy and speedy paperwork
- Loan tenure of upto 60 months
ICICI offers customized personal loan solutions for salaried, self-employed and Doctors. Upper limit of loan a salaried person can get is 20 lakh. The figure for self-employed is 30 lakh and for Doctors it is 40 lakh.
Eligibility Criteria
|
Salaried |
Self-employed |
|
23-58 years |
28-65 years (Self-employed) and 25-65 years (Doctors) |
|
25,000 INR (Residents of Mumbai & Delhi) and 17,500 INR otherwise |
Min. turnover 40 lakh per annum for non-professional, 15 lakh for professional |
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Min. 2 years of work experience |
5 years for self-employed, 3 years for Doctors |
|
Min. 1 year in current residence |
2 lakh profit after tax |
Documentation Required
|
Salaried |
Self-employed |
|
Proof of Identity- Passport/ Driving License/ Pan Card/ Voter ID Card |
Proof of Identity- Passport/ Driving License/ Pan Card/ Voter ID Card |
|
Proof of Residence- Leave and License Agreement/ Utility Bill/ Passport |
Proof of Residence- Leave and License Agreement/ Utility Bill/ Passport |
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Last 3 months bank statement |
Last 6 months bank statement |
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Salary slip for 6 months |
Audited income proof (ITR) for last 2 years |
|
- |
Office address proof |
Interest Rates & Other Charges
|
Interest Rates |
11.49% - 22% |
|
Processing Fee |
0-2.5% of loan amount |
|
Prepayment Charges |
5% of Principal Outstanding |
|
Late Payment Charge |
24% per annum |
|
Loan cancellation Charge |
3000 INR |
|
EMI Bounce Charge |
400 INR Per Bounce |
So, whatever your dream is, don’t wait anymore and apply at ICICI Personal Loan to get hassle free loans.
HOME LOAN
ICICI Home Loan provides easy loans to realise your dream of having your own beautiful home. ICICI home loans provide flexible interest rates, easy payment options and fast disbursal. ICICI also offers pre-approved home loans for chosen projects.
Eligibility Criteria
Applying for home loan depends on several factors. Some of the factors are
- City where property is located
- Purpose of loan, whether to buy or renovate, refinance a home loan or to acquire home loan without finalizing the property
- Current address
- Nature of employment and Income
- Co-applicant to enhance eligibility
Documents Required
|
Salaried |
Self-employed Professional |
Self-employed Non-professional |
|
Application form |
Application form |
Application form |
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Identity, Address proof |
Identity, Address proof |
Identity, Address proof |
|
Last 6 months bank statement |
Last 6 months bank statement |
Last 6 months bank statement |
|
Last 3 months salary slip |
Last 3 months salary slip |
Last 3 months salary slip |
|
- |
Proof of Business existence |
Proof of Business existence |
|
- |
Last 3 years IT returns |
Last 3 years IT returns |
|
- |
Last 3 years audited P & L statement |
Last 3 years audited P & L statement |
Interest Rates and Other Charges
|
Interest Rates |
9.40% - 11.0% |
|
Loan Processing Fee |
0.5% - 1.0% |
|
Prepayment Fee |
0 % - 4% |
|
Late Payment Charge |
1.5% |
|
Conversion Charge |
0.5% - 1.5% |
|
Cheque Bounce Charge |
500 INR |
ICICI also has pre-approved projects in various cities across India. Check out various cities that have pre-approved projects from ICICI Home Loan. he disbursal is quick and hassle free.
GOLD LOAN
ICICI Gold Loan offers spectrum of opportunities. ICICI Gold Loan can be used to serve plethora of needs such as
- Education for children
- Business expansion or working capital needs
- Down payment for purchase of property and vehicle
- Agricultural needs
- Medical emergency and others
Eligibility Criteria
ICICI allows its patrons to walk into any of its Gold Loan counters and avail loan amount of 10,000 INR - 15,00,000 INR by depositing their gold at attractive interest rates. ICICI Gold Loan offers most attractive per gram rate coupled with fast documentation process.
Interest Rates and Other Charges
|
Loan Amount |
10,000 INR - 15,00,000 INR |
|
Interest Rates |
10.0% - 16.5% |
|
Loan Tenure |
6 -12 months |
|
Processing Fee |
1% |
|
Prepayment Fee |
1% of Principal Outstanding |
Documentation Required
- Two passport size photograph
- Identity proof such as Passport, PAN Card, Driving License, Aadhaar Card, Voter Card
- Address proof such as Passport, Lease Agreement, Utility Bills
- Proof of land holding in case of agricultural loan of more than 1 Lakh
If you need to avail a short-term loan at lower interest rates, ICICI Gold Loan is a very useful financial instrument to go with.
LOAN AGAINST PROPERTY
ICICI Loan Against Property (LAP) offers mortgage loan against property at attractive interest rates for long tenures. So, if your loan requirement is high and you want a longer payout period ICICI Loan Against Property is the best loan instrument for you. ICICI offers quick disbursal and hassle-free documentation process for the ICICI Loan Against Property.
Some of the key features of ICICI Loan Against Property are
- Loan upto 75 Lakh and above
- Flexible interest rates ranging from 11% - 14%
- QUick disbursal
- Hassle-free documentations
- 1% Processing fee
If you want to avail higher loan amount for any of your personal or business needs for a longer loan tenure, ICICI Loan Against Property is the right financial tool for you.