Experience is good with ICICI in availing personal loan. Customer service team within 48 hours, responded well and provided the information. Rate of interest is too higher, if its less it would be fine. I did liked the way the response was there,
Actually, still now I am not aware about the exact reason of my personal loan why it was not processed by ICICI bank. There was an initial call for some verification, however there was not even a single call after that. It was just an single message stating its been rejected. Even the interest rate is higher. It would be fine if the response could be provided whatever the status.
Personal loan with ICICI bank, I don't have any issues with them as per their norms they are unable to process the loan. I was expecting 5 lakhs loan amount based on my take home salary after deducting EMIS I use to get 23k in hand. But they need minimum 28k to process 5 lakhs loan amount. Interest rate and charges is quite reasonable.
I have applied for ICICI Bank personal loan the cibil scores were not matching, that is why I was unable to take a personal loan with ICICI. Everything was good, overall its been a great experience. I have not applied for the personal loan with some other Bank also and I might re-apply it later.
Personal loan with ICICI it was good experience I got loan approval in 8 days. Thing is Interest rate was bit high they offered 18% which is quite high and processing fee they charged 1.75%. Pre closure charges is 5%. It would be nice if they reduce rate of interest and keep pre closure charges at least 2.5%.