ICICI Bank Personal Loan Online in 2025 - Up to ₹50 Lakhs

Eligibility Criteria for ICICI Personal Loan

Salaried applicants:

Age	20 years to 58 years
Net salary	Minimum monthly income of Rs.30,000
Number of years in current residence	1 year
Number of years in job/profession	2 years

Also, Know more about ICICI Personal Loan Interest Rate

Self-employed applicants:

Age	25 years (for doctors) and 28 years (for self-employed individuals) to 65 years
Minimum turnover	Rs.15 lakh for professionals and Rs.40 lakh for non-professionals as per audited financials
Minimum profit after tax	Rs.1 lakh for non-professionals and Rs.2 lakh for self-employed individuals or proprietorship firms as per audited financials
Business stability	At least 3 years for doctors and 5 years for professionals in their current business
Existing relationship with the bank	Minimum of one year's worth of obligations (current or savings accounts) or assets (loans) that have been open or closed within the last 36 months, with required payback documentation.

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Documents Required for ICICI Bank Personal Loan

If you are a salaried applicant, here are the documents you need to submit for a personal loan from ICICI Bank:

1. ID Proof: Any one of PAN card, driving license, passport, or Voters ID
2. Residence Proof: Any one of passport, recent utility bills, or lease or rent agreement
3. Salary slips for the last 3 months
4. Bank statement for the last 3 months
5. 2 passport size photographs

Here are the documents required for ICICI Bank personal loans for self-employed individuals:

1. KYC Documents: ID proof, residence proof, proof of date of birth
2. Income Proof: Audited financial statements for the last 2 years
3. Proof of office or residence ownership
4. Proof of office address
5. Bank statements for the last 6 months
6. Proof of continuity of business

ICICI Personal Loan Fees and Charges

Maximum Loan Amount	Rs.50 lakh
Tenure	12 months to 72 months
Interest Rate	10.60% p.a. to 16.50% p.a.
Processing Fees	Up to 2.00% p.a. of the loan amount + GST
Prepayment Charges	3% p.a. of principal outstanding amount + GST
Loan Cancellation Charges	Rs.3,000 + GST

Other Charges and Penalties

Additional interest on late payment	24% p.a.
Repayment mode swap charges	Rs.500 per transaction + GST
EMI bounce charges	Rs.500 per bounce + GST

ICICI Bank Personal Loan EMI Calculation

You can use BankBazaar ICICI Bank Personal Loan EMI Calculator to check your monthly prepayment amount. All you need to do is enter your preferred loan amount, tenure, interest rate and processing fee Hit “Calculate” to check your EMI and processing fee.

Let’s take a personal loan of Rs.1 lakh for a tenure of 1 year. Assume that ICICI Bank charges an interest rate of 10.60% p.a. For the repayment tenure, you must pay an EMI of Rs.8,815. The loan repayment schedule is given as follows:

Year	Principal Paid (A)	Interest Paid (B)	Total Payment (A+B)	Outstanding Loan Balance
2025	Rs.20,194	Rs.1,856	Rs.22,050	Rs.29,805
Aug	Rs.3,968	Rs.442	Rs.4,410	Rs.46,032
Sep	Rs.4,003	Rs.407	Rs.4,410	Rs.42,028
Oct	Rs.4,039	Rs.371	Rs.4,410	Rs.37,990
Nov	Rs.4,074	Rs.336	Rs.4,410	Rs.33,915
Dec	Rs.4,110	Rs.300	Rs.4,410	Rs.29,805
2026	Rs.29,804	Rs.1,063	Rs.30,867	Rs.0
Jan	Rs.4,147	Rs.263	Rs.4,410	Rs.25,658
Feb	Rs.4,183	Rs.227	Rs.4,410	Rs.21,475
Mar	Rs.4,220	Rs.190	Rs.4,410	Rs.17,254
Apr	Rs.4,258	Rs.152	Rs.4,410	Rs.12,997
May	Rs.4,295	Rs.115	Rs.4,410	Rs.8,702
Jun	Rs.4,333	Rs.77	Rs.4,410	Rs.4,368
Jul	Rs.4,368	Rs.39	Rs.4,407	Rs.0

Personal Loan Offered by other Banks in India

1. HDFC Personal Loan
2. SBI Personal Loan
3. Axis Bank Personal Loan
4. Bank of Maharashtra Personal loan
5. City Union Bank Personal Loan
6. Deutsche Bank Personal Loan
7. Dhanlaxmi Bank Personal Loan
8. Federal Bank Personal Loan
9. Indian Bank Personal Loan
10. IDBI Personal Loan
11. IndusInd Bank Personal Loan
12. Canara Bank Personal Loan
13. Karnataka Bank Personal Loan
14. KVB Personal Loan
15. Jammu and Kashmir Bank Personal loan
16. PSB Personal Loan
17. Punjab National Bank (PNB) Personal Loan
18. Bank of Baroda Personal Loan
19. Kotak Mahindra Bank Personal Loan
20. IDFC Bank Personal Loan
21. Yes Bank Personal Loan
22. Union Bank Personal Loan
23. Abhyudaya Bank Personal Loan
24. HSBC Personal Loan
25. IIFL Personal Loan
26. HDBFS Personal Loan
27. IOB Personal Loan
28. DBS Bank Personal Loan
29. Ujjivan Bank Personal Loan
30. Bandhan Bank Personal Loan
31. UCO Personal Loan
32. BOI Personal Loan
33. Citibank Personal Loan
34. Central Bank of India Personal Loan
35. Nainital Bank Personal Loan
36. South Indian Bank Personal Loan
37. Standard Chartered Personal Loan
38. Syndicate Bank Personal Loan
39. RBL Bank Personal Loan

Compare ICICI Personal Loan with Other Lenders

Bank Name	Interest rate	Processing fee	Foreclosure charges	Late payment fee
ICICI bank Personal Loan	10.60% p.a. to 16.50% p.a.	2.00% + GST	3% of the outstanding loan amount	2% of the overdue amount per month
HDFC Bank Personal Loan	10.90% to 24%	Rs.6,500 plus GST	2% to 4% of the outstanding loan amount	2% of the overdue amount per month
Bank of Baroda Personal Loan	10.90% p.a. onwards	Up to 2% + GST	N/A	2% of the overdue amount per month
Citibank Personal Loan	7.99% p.a. onwards	3.00% + GST	4% of the principal outstanding	N/A

Other Loan Products by ICICI Bank

1. ICICI Loan Against Property
2. ICICI Agriculture Loan
3. ICICI Bank SME Loans

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FAQs on ICICI Bank Personal Loan

• How can I apply for an ICICI Bank personal loan?

  To apply for a personal loan from ICICI Bank, you will have to visit the website of the bank and go to the personal loan section, or call the bank’s customer care on 18601207777 from 8:00 a.m. to 8:00 p.m., or visit a branch of the bank.

• How to check ICICI Personal loan status?

  The status of ICICI personal loan status can be tracked by visiting the website of the bank. There, you need to enter the mobile number, application number and date of birth in order to view the status of the loan application.

• How can I repay my ICICI Bank personal loan?

  The repayment of your ICICI Bank personal loan can be done through Equated Monthly Instalments (EMIs). Customers who have an account with ICICI Bank can repay the loan using the direct debit facility. Customers of other banks can repay their loans through NACH mandate.

• How to contact ICICI personal loan customer care?

  The customer care executives can be contacted by calling on the toll-free number 1860 120 7777 or by writing to them. Alternatively, you can also call on 011 – 33667777for Delhi, 033 – 33667777 for Kolkata, 022 – 33667777 for Mumbai and 044 – 33667777 for Chennai.

• Am I allowed to prepay or foreclose my ICICI Bank personal loan?

  The whole outstanding amount can be repaid at any time over the course of the loan tenure. However, you will have to pay at least one instalment before you foreclose your loan. You will also have to pay a fee of 3% of the outstanding loan amount plus GST at the time of prepayment/foreclosure.

• Can I prepay my ICICI Bank personal loan partly?

  ICICI Bank does not allow part prepayment, but for full prepayment/foreclosure, you will have to submit a duly signed request letter to the bank along with your PAN card in case you are making the payment by cash. You can also prepay your personal loan through demand draft or cheque.

• Can I get a top up on my current ICICI Bank personal loan?

  ICICI Bank offers the top up facility to customers who have made 12 EMI payments on their current personal loans. The request for a top up can be placed through net banking, by calling customer care, or by visiting a branch of the bank.

• Does the bank offer the balance transfer facility?

  Yes, customers who have made at least 12 EMI payments are eligible for the balance transfer facility. To avail the same, you will have to contact customer care or visit the nearest branch of ICICI Bank.

• Does the bank require a guarantor or security for personal loans?

  No, you can avail a personal loan without having to pledge any security or signing up a guarantor.