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| Banksloanonline » Banks Loans » Personal loans » ICICI Bank Personal Loans |
ICICI Bank Personal Loans |
| ICICI bank personal loans take care of all your expenses pertaining to your dream holiday, renovation of your home, marriage expenses and even admission into colleges or institutes for higher education. In short, personal loans from ICICI bank relieve you of worries related to all your personal issues in the most efficient manner, so that you could be left to enjoy the experience, thoroughly. No wonder, this feature of the bank has therefore been christened as a boon for all, assisting one on all personal financial issues. |
There are a number of features that accompany the ICICI bank personal loans. Some of the most significant ones have been mentioned below:
- Minimum documents are required while applying for the loan, thus highlighting the fact that is quite a convenient task with no paper work hassles.
- No security is expected to be deposited while applying for the same. The need of any guarantor is also ruled out in this genre.
- Promising rates of interest make the task all the more a comfortable affair.
- An efficient group of professionals assists you on the approval and other process of the ICIC bank personal loans, thereby vouching for faster processing of the same.
- Easy repayment options ranging between a - 12 - 60 months tenure.
- Good repayment records of home loans, car loans and even personal loans, also testify one for being eligible for applying for further ICICI bank personal loans.
- Personal loans up to Rs. 15 Lakhs can be availed of from the ICICI Bank Ltd.
- According to the norms of ICICI Bank Ltd, a customer of minimum 6 months duration of the bank is also eligible for pre- approved personal loans.
- Loan processing charges ranging between 2% - 5% (depending on categories) is charged on all personal loans from ICICI bank.
- A penalty of Rs. 200/- is charged incase a cheque that you have issued, bounces.
- Late payment fees of 2% is applicable for each month
- The first repayment installment of the personal loan has to be accompanied by 1% of the total amount as origination charges.
- Incase you are not able to repay any particular installment and have fixed deposits or shares in the ICICI bank or their group companies, the amount could be directly deducted from your shares/ fixed deposits.
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