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    We found 1 ICICI Bank Personal Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 17.99% Fixed
    2.25% (min. ₹1499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews

    ICICI Bank Personal Loan is Rated as "Great!" by 14857 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    ICICI Bank is the second largest bank in India by assets and by market capitalization. ICICI Bank India offers instant personal loans for a wide range of your personal needs at attractive interest rates. ICICI Bank has partnered with BankBazaar to offer personal loans at the lowest interest rates for salaried and self-employed individuals. In addition you can apply online instantly and get e-approved. Check below to know your eligibility and documentation needed for ICICI personal loans.


    You're probably eligible for an ICICI Bank Personal Loan if you are

    01
    02
    03
    04

    At least 23 years old

    Less than 65 years old

    Salaried / Self “ Employed
    with regular income

    Earn more than the minimum
    income required


    Your ICICI Bank Personal Loan amount eligibility is based on these factors

    01
    02
    03

    Minimum income required
    Rs.15,000 per month

    Maximum allowed personal loan is Rs. 20 lakhs

    EMIs of other loans lower
    your eligibility


    Increase your eligible ICICI Bank Personal Loan amount by these steps

    01
    02

    Pay off your credit card bills

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an ICICI Bank Personal Loan

    • 1. Signed application form with photograph
    • 2. Copy of passport/voter ID card/driving license
    • 3. Processing fee cheque
    • 4. Salaried
      • Latest 3 months Bank Statement (where salary/income is credited)
      Self Employed
      • Latest 6 months Bank statement
    • 5. Documentation for salaried applicants:

      Salary slips for last 3 months

    • 6. Documentation for self-employed applicants:

      Income proof (audited financials for the last two years)


    ICICI Bank Personal Loan Interest RatesUpdated on 23 Aug 2017

    ICICI Bank Personal Loan Details
    Interest Rate (Monthly reducing balance) 10.99% to 17.99%
    Processing Fees Rs.1499 + applicable tax to 2.25% of the loan amount
    Loan Tenure 1 year to 5 years
    Pre-closure Charges Preclosure permitted after 6 months. 5% of principal outstanding (plus GST)
    Guarantor Requirement No guarantor required

    About ICICI Bank Personal Loan

    ICICI Bank is not only the largest private sector banks in the country but also one of the largest facilitators of personal loans in India. ICICI Bank offers personal loans to help borrowers to ride over any immediate financial requirements. ICICI Banks understand that time is of paramount significance when faced with financial crisis and hence fast tracks all its personal loan applications resulting in quick loan approval and facilitation. Nominal documentation is required to apply for ICICI Personal Loan with a maximum loan limit of up to Rs. 20 Lakhs available for eligible borrowers. ICICI Banks personal loans do not require ant security or guarantor for personal loans. The money available through ICICI Bank Personal Loans can be used as per the individual needs and requirements of the applicant including medical expenses, foreign travel, home repair or renovation, wedding expenses or any other miscellaneous expenses.

    ICICI Personal Loans are available for both salaried as well as self employed individuals and working professionals. ICICI Bank employs a quick loan approval system making sure that all personal loan requests are approved within 72 hours of submission of complete documentation.

    The bank offers very lucrative interest rates for personal loans with a tenure period ranging between 12 to 60 months. ICICI Bank offers loan liability cover for personal loan applicants by insuring all personal loan liability with ICICI’s 'All Safe' Insurance.

    Why choose ICICI Personal Loan?

    Customized Personal Loans: Unlike a lot of other banks, ICICI Bank offers customized personal loans for every loan applicant. Everything from loan tenure to maximum loan amount is fixed as per the individual financial track record of the borrower. Salaried individuals can get a maximum loan up to Rs. 15 lakhs while self-employed individuals can get a loan up to Rs. 30 lakhs. For professionals like doctors and chartered accountants, the maximum personal loan limit is Rs. 40 lakhs and a flexible tenure of 12 to 60 months for all applicants.

    Attractive Rate of Interest: ICICI Bank offers personal loans at an attractive rate of interest, starting with as low as 13.99% interest rate.

    Fast Loan Approval: ICICI Bank facilitates quick loan approval and disbursal making it one of the most popular banks for personal loan applicants.

    Minimal Documentation: ICICI Personal Loans do not require large documentation process and loans are facilitated after minimal documentation increasing the loan disbursal time substantially.

    Cover for Loan Liability: In a unique benefit offered by ICICI Bank, all personal loan applicants can now insure their loan liability with an 'All Safe' insurance provided at no extra cost.

    Instant E-Approval: ICICI Bank offers its users the advantage of applying for a personal loan online sitting at their home or office directly and through its partnering site BankBazaar.com The bank sends an instant e-approval for all successful online personal loan applicants in real time.

    ICICI Bank offer customized personal loans for every applicant, thereby making sure that each loan applicant gets the best deal. From low interest rates to quick loan approval and minimal documentation, ICICI Bank offers dedicated loan schemes for personal loans for self employed professionals, self employed non-professionals as well as salaried individuals. Some of the apparent benefits of ICICI Personal Loan include:

    High Quantum of Loan: ICICI Bank offers one of the highest quanta of loan amount for personal loan applicants. Salaried individuals can attain a loan of up Rs. 15 lakhs while specialized working professionals like doctors can get a personal loan of up to Rs. 40 lakhs. ICICI Bank offers personal loan according to the financial overview for each individual applicant.

    Lucrative Rate of Interest: ICICI Bank offers one of the lowest interest rates for personal loans. The bank personal loan starts from as low as 13.99%. ICICI Bank however reserves the right to revise the rate of interest and processing fee from time to time, at its sole discretion.

    Online Loan Requests: ICICI bank has been one of the first banks to embrace technology and offers online loan requests from applicants. Personal loan applicants can apply for a loan by sitting in the comfort of their home and office through BankBazaar.com. After submission of online loan application, the bank sends an instant e-approval notice to the successful applicants.

    Low Prepayment Charges: ICICI bank offers lowest prepayment charges for all personal loans as compared to other private sector banks in the country.

    24/7 Customer Support: ICICI Bank has a dedicated customer support helpline for its loan department making it accessible for any query or requirement 24 hours a day.

    ICICI Bank has joined hands with BankBazaar.com, India's premier financial marketplace portal for making the bank’s personal loans available for all. Users can now apply for personal loans with ICICI Bank using the state of the art online loan application tool of BankBazaar.com. The loan tool automatically checks for loan eligibility and lists out customized personal loan details from ICICI Bank.

    Instant Eligibility Check Facility: The loan calculator tool of BankBazaar.com checks for personal loan eligibility for each applicant according ICICI Bank’s prescribed criteria and offers personalized loan offers instantly.

    Customized Quotes: The eligible loan applicants are offered instant quotes customized as per their profile and with a discounted interest rate.

    Loan Comparisons in Real Time: Successful applicants can choose their personal loan from the various loan option provided by the loan calculator tool of BankBazaar.com. Users can also customize their personal loan plans by altering their tenure and loan amount subject to the maximum loan amount calculated as per their financial history.

    E-Approval Facility: Every loan applicant at BankBazaar.com gets an instant e-approval after successfully submitting his or her loan application.

    Assured Privacy: BankBazaar.com assures complete privacy for all loan applications made through us. We send applications electronically to the concerned loan section of ICICI Bank.

    Applying for an ICICI Personal Loan at BankBazaar.com involves three simple steps.

    Step 1: The loan applicant must fill the loan eligibility form with correct personal data including financial records like salary/ monthly income, other liabilities etc. Once submitted, the tool automatically checks for personal loan eligibility of the applicant and personalized personal loan options are displayed instantly.

    Step 2: In the second step, the applicant is given a list of loan options as per his or her financial history. The users can compare various loan options and choose the most appropriate one.

    Step 3: In the third and final step, the applicant receives an instant e-approval from BankBazaar.com after successful submission of personal loan application online.

    BankBazaar.com instantly submits the loan application electronically to the loan department of your nearest ICICI Bank branch, and the bank gets in touch with you directly. Users can also check the status of their loan application through SMS alters as well as emails.

    ICICI Personal Loan Interest Rates are extremely competitive. The bank uses MCLR and Base Rates to determine the final interest. The new benchmark adopted by the bank, MCLR, reflects current financial conditions. Existing borrowers can choose to move to the method of using MCLR and all new borrowers are charged interest based on MCLR, automatically.

    ICICI Personal Loan Marginal Cost of Funds Based Lending Rate (MCLR) (For new borrowers)

    The table below highlights the MCLR rates at ICICI Bank for the current month. These rates are indicative and are liable to change on a monthly basis.

    MCLR Benchmark Tenure (Period)Benchmark Rates (MCLR)
    Overnight8.95%
    1 month8.95%
    3 months9.05%
    6 months9.10%
    1 year9.15%

    ICICI Bank Base (For existing borrowers)

    Base Rate9.35%, effective 05/10/2015

    ICICI Bank interest rate for personal loans (Based on Base Rate)

    As an existing customer you may choose not to move to MCLR, in which case you will continue paying interest as per the base rate. The bank can choose to modify this rate, with borrowers typically paying a certain percentage over and above the base rate. Tenure, relationship with the bank and loan amount is considered while calculating the final interest.

    Note: ICICI reserves the right to modify/alter interest rates without prior notice. All rates mentioned here are as of April 29, 2016. Eligible individuals should check the rates prevailing at the time of application.

    ICICI Bank offers personal loans to all applicants fulfilling the basic eligibility criteria.

    Eligibility Criteria for Salaried Individuals

    If the applicant is a salaried individual then the following eligibility criteria will apply.

    • The person applying for a personal loan from ICICI Bank must be of a minimum age of 23 years and a maximum age of 58 years.
    • The person must have a monthly income of Rs.17,500 or more.
    • If the person resides in Delhi or Mumbai then they must have a minimum monthly income of Rs.25,000 per month.
    • If the person is a resident of Bangalore, Chennai, Hyderabad, Kolkata or Pune then they must have a minimum monthly income of Rs. 20,000 per month.
    • The applicant must have a total of 2 or more years of work experience.
    • They should also have a minimum of 1 year of work experience with the current employer.
    Age23 years - 58 years
    Minimum IncomeSalaried individuals with minimum monthly income Rs.17,500 (Rs.25,000 for applicants residing in Mumbai & Delhi; Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata)
    Total years in job/profession2 Years
    Years in current residence1 Year

    Eligibility Criteria for Self Employed Individuals and Working Professionals:

    If the applicant is self-employed then the eligibility criteria for an ICICI personal loan will be as follows:

    • The minimum age for self-employed individuals is 28 years old and the maximum age is 65 years.
    • In case the applicant is a doctor then the minimum age is 25 years.
    • The minimum turnover of the business of the applicant must be, as per audited financial statements, Rs. 40 lakhs in case of non- professionals and Rs. 15 lakhs in case of professionals.
    • The minimum profit after tax should be Rs. 2 lakhs for self-employed individuals and proprietors while for non-professionals it has to be a minimum of Rs.1 lakh.
    • The person applying for the loan has to have been in the current business for a minimum of 5 years. In the case of doctors, they need to have been in business for at least 3 years.
    • The applicant also needs to have had a relationship with ICICI Bank for a minimum of 1 year. This could be in the form of a savings or current account or even in the form of a loan that is still being paid or was completed within the preceding 36 months.

    Age28 years (self employed individuals) and 25 years (for doctors); Maximum age - 65 years
    Minimum TurnoverRs. 40 Lakhs for non-professionals; Rs. 15 Lakhs for professionals; as per audited financials
    Minimum Profit After TaxRs. 2 Lakhs for Proprietorship Firm/Self employed Individuals and Rs. 1 Lakhs for non-professionals as per audited financials
    Business StabilityIn current business for at least 5 years and minimum 3 years for doctors

      BankBazaar.com offers users a unique tool to calculate your EMI for all loans. This helps you to understand how much a loan would cost you, and plan your budgets accordingly before applying for a loan.

      With BankBazaar’s loan calculator tool, all you need to do is to enter the amount you wish to apply and the preferred tenure. The Personal Loan Calculator then calculates the EMI based on the applicable rate of interest and displays your EMI liability for the loan.

      BankBazaar.com offers users a unique tool to calculate your EMI for all loans. This helps you to understand how much a loan would cost you, and plan your budgets accordingly before applying for a loan.

      With BankBazaar’s loan calculator tool, all you need to do is to enter the amount you wish to apply and the preferred tenure. The Personal Loan Calculator then calculates the EMI based on the applicable rate of interest and displays your EMI liability for the loan.

      1. How can I apply for ICICI Bank Personal Loan online?

        All you need to do is to simply enter your personal and financial details on our site. It takes only 2-3 minutes. Our loan calculator tool automatically checks for your loan eligibility based on the details you provided and as per the banks norms and offers personalized loan offers as per your financial credentials. You can choose the best suited plan and apply for a loan instantly with a click.

      2. What is the minimum and maximum amount of personal loan that I can get with ICICI Bank?

        ICICI Bank offers one of the highest quanta of loan amounts for personal loan applicants. Salaried individuals can avail a loan of up Rs. 15 lakhs while self employed professionals can get a personal loan of up to Rs. 40 lakhs. ICICI Bank offers personal loan according to the financial overview for each individual applicant.

      3. What is the maximum tenure for which I can avail a personal loan with ICICI Bank?

        ICICI Bank offers personal loans with a tenure period ranging between 12 to 48 months and in some cases it can be extended for up to 60 months.

      4. Is BankBazaar.com Personal Loan Tool Free?

        Yes BankBazaar.com loan calculator tool is completely FREE and we are not charging any fee for the services we provide.

      5. Can I track my loan application?

        BankBazaar.com offers all loan applicants, an active tracking tool through both email and SMS. You will receive daily updates of your loan application.

      6. Can I know the EMI amount for my personal loan in advance?

        Yes BankBazaar.com has developed a unique EMI calculator tool that offers EMI breakup for all loans by entering the loan amount, tenure and rate of interest. You can compare the EMI for different loan amounts and tenures with our tool and finalize the best suited plan for your budgets before applying.

      7. Is my data safe with BankBazaar.com?

        Absolutely yes. BankBazaar.com does not share data with any third party other than the financial institution. All data is sent in electronic form with high level of encryption making it safe and secure at all times.

      8. After applying online with BankBazaar.com, when will I get the loan amount and how long it will take?

        BankBazaar.com instantly submits your personal loan application at your nearest ICICI bank branch in an electronic format. A representative from the bank will get in touch with you soon to collect documents like salary certificate, identity proof etc. On submitting these, the bank initiates verification process and checks your CIBIL score and disburses the loan if all are fine. The process may take 48-72 hours.

      9. Can I check the loan application status online?

        Yes, the loan application status can be checked on the official portal. There is a dedicated section titled ˜Track Application Status Online which will show you the application status on entering a few details about the application. If you have applied through BankBazaar, the loan application can be tracked online at all stages of the processing and disbursal.

      10. Where can I get the loan application form?

        The loan application form is available both online and offline. You can download the form online or get it from any of the branches of ICICI Bank.

      11. What is the preclosure criteria?

        The preclosure charges are typically low for ICICI Bank when compared to other private banks in the country. The bank levies a penalty of 5% of overall principal outstanding on preclosure of personal loans. You have to pay an additional Rs.100 to get the prepayment/foreclosure statement charges. Prepayment is possible on payment of at least 6 EMIs. Borrowers cannot part prepay their loans.

      12. What is the average processing time for ICICI personal loan?

        The bank claims to process applications without guarantee or security requirements within 72 hours of receiving the application.

      13. Is there a top-up option for the personal loan?

        Yes, you can opt for a top up loan with minimal formalities once you have received a personal loan from ICICI Bank. The top up loan can be availed any time after the payment of the first 12 EMIs.

      14. What is the importance of CIBIL score in ICICI personal loan applications?

        CIBIL score is the benchmark which ICICI Bank and other financial institutions use to ascertain the credit worthiness of an applicant. As such, the bank will most likely request for your credit profile from CIBIL while processing loan applications. The interest rate and other technical are decided after the credit score of the applicant is taken into account.

      15. What is the minimum and maximum amount provided as personal loan?

        The loan amount limits are decided as per the applicant category. Salaried individuals can avail loans up to Rs.15 lakhs and self-employed individuals are eligible for loan up to Rs.40 lakhs on satisfying related criteria.

      16. What is the minimum and maximum tenure for loan repayment?

        The personal loans from ICICI have a tenure limit from 12 months to 48 months in general. The bank also repayment tenures up to 60 months if related criteria are satisfied.

    Be it your marriage or home renovation, the NRI personal loan facility from ICICI bank come in handy for your immediate financial requirements. You can apply online to avail the loan through the ICICI bank website. Here are some of the key benefits of the plan:

    • No collateral required to avail the loan
    • Maximum loan amount offered is Rs.10 lakhs
    • Simple and hassle-free documentation
    • Interest rates start from 15.49% per annum
    • The applicant however must be an Indian and the NRI co-applicant should be a family member or close relative
    • Quick sanctioning and disbursal

    You can apply for the loan through various channels such as iMobile app or website or by visiting the nearest ICICI Bank branch.

    The ICICI Pru Loan Protect Plus plan which provides protection to your family against the burden of paying loans, in case of your untimely death. The policy provides a lump sum payment which will be at par with the loan amount. The plan allows you to pay premiums as per your comfort by allowing you to choose the years for premium payment. You can opt for lump sum payment or limited pay option. The policy also offers additional pay-outs in case of events such as accidents, major illness, disability, and the like. Income tax benefits are available on premium payments up to Rs.1.5 lakh per year.

    ICICI bank offers a personal loan top-up linked to a home loan. It provides you an opportunity to meet a wide range of your necessities such as home furnishing, marriage expenses, holiday expenses, etc. Below are some of the key benefits of the scheme:

    • Personal loan amount up to 100% of the originally sanctioned home loan
    • Repayment tenure of 20 years
    • Attractive interest rates
    • Lower EMIs
    • Simple documentation

    You can visit the nearest ICICI Bank branch for prepayment of your personal loan. You should carry the following documents to complete the prepayment process:

    • The request letter
    • PAN card (for all transactions above Rs.50,000)
    • The payments can be made through cash, cheque, or DD

    Note: In case you are not able to visit the bank for preclosure procedures, you can send a person on your behalf along with an authority letter signed by the applicant.

    The personal loan on credit card is a service offered by ICICI Bank through which customers can take loans for a variety of requirements. It is offered only to select customers and is sanctioned based on the spending, transaction history, and repayment record if any. Customers who have maintained a good track record with respect to credit card spend will be allowed the loan. The eligibility criteria may keep changing from time to time depending on the internal policies of the bank.

    Find ICICI Bank IFSC Code:
    Before you apply for the loan, Check your CIBIL Score for ICICI Personal Loan

    News About ICICI Bank Personal Loan

    • ICICI Bank gives its salaried customers the option of availing loans via its ATMs

      In what would be the most convenient way to avail a loan yet, ICICI Bank has given its salaried customers the option of availing pre-qualified loans up to Rs.15 lakh from their ATMs. Provided that the customers is a salaried customer and has pre-checked CIBIL scores, he/she can receive the money immediately in their account for a fixed tenure of 5 years. Customers can avail this loan at any ICICI Bank ATM in four steps- select the required pre-approved loan offer, multiple amounts may be shown depending on the customer’s eligibility. Accept the auto populated interest rate, processing fee and EMI (Equated Monthly Installment) amount and confirm on the terms and conditions displayed. Lastly, enter debit card PIN.

      24th July 2017

    • ICICI Bank opens its 10th operational branch in Agra

      A new branch of ICICI Bank has been inaugurated at Belanganj, Agra. This is the 10th branch of the bank in the city, and it has a 24x7 ATM at its premises. The branch was inaugurated by Er. Satyavir Singh Rathore, MD, Dakshinanchal Vidyut Vitran Nigam Ltd. The branch operates between 9.30 am and 4.30 pm on all weekdays, and on the 1st, 3rd and 5th Saturday of the month. It will offer an extensive range of products like loans, deposits, savings and current accounts and locker facility. As of 30th June 2016, ICICI Bank has 4451 branches and 14073 ATMs across the country.

      26th August 2016

    • ICICI Bank launches new branches in Karnataka

      The Indian banking scene has witnessed a host of changes over the last few years, with banks aiming to ramp up their presence across the country. One way to increase their customer base is to increase the number of branches they have, ensuring people have direct access to their services. ICICI Bank recently inaugurated 5 new branches in Karnataka, aiming to improve customer relations and provide better service. These branches were set up in Harihar, Devadurga, Lingasugur, Channagiri and Sagar and will offer a host of products, including deposits and loans. In addition, they will also be home to a 24x7 ATM.

      27th July 2016

    • Meerut gets a new ICICI bank branch

      Kankar Khera has recently seen the opening of ICICI Banks 12th branch in the Meerut region. As Indias largest and most widespread private sector bank, ICICI is working tirelessly to improve its presence and outreach throughout the country and this is new bank branch opening is a step in that direction. The branch will maintain the standard banking timings of 9:30 am to 4:30 pm, and will house a 24-hour ATM for the convenience of its customers. The bank branch will offer the entire range of banking services offered by any other ICICI Bank branch. Lockers, gold loans, personal loans, savings bank accounts, current accounts, fixed deposits, term deposits and other loans can be opened and maintained at this branch.

      29th June 2016

    • ICICI Bank opens a new branch in J&K

      ICICI Bank has opened a new branch at Kargil in Jammu and Kashmir. The branch also has an ATM at its premises. The branch offers personal loans and all other loans. ICICI Bank is the largest private sector bank in India and the bank has its presence in 17 countries.

      7th October 2015

    • ICICI Bank termed as Systemically Important Bank (SIB) by RBI

      ICICI Bank, along with SBI, has been named a domestic systemically important bank (D-SIB) by RBI. As a D-SIB, ICICI Bank will have to comply with a tighter risk framework. As part of this framework, ICICI Bank will have to satisfy higher Tier One capital requirements. Additional capital for this purpose will have to be provided for from April 1, 2016.

      As a SIB, ICICI Bank is now considered a bank that is too important to be allowed to fail given the impact a fallout will have on the banking industry. The FSB set out certain recommendations in order to help contain risks associated with SIBs.

      Four other banks besides ICICI Bank and SBI have been identified as potential candidate on the list of D-SIBs. ICICI Bank is the countrys largest player in the private sector of the banking industry and offers a number of services including retail products such a fixed deposits, savings and current accounts, home loans, auto loans and personal loans besides a wide range of corporate offerings.

      4th September 2015

    • ICICI & Alibaba Team Up To Finance Small Business

      Indian banking giant ICICI has teamed up with Alibaba to provide funding solutions for small businesses. The plan is to extend services like loans, finance management solutions, forex solutions, etc. to entrepreneurs who are already members of Alibabas marketplace. The services extended to them will also include letters of credit, accounts and help with logistics.


      The plan is to provide these facilities to attract more young Indian businessmen to the platform offered by Alibaba. To make personal finance for small traders the bank has also worked out schemes that offer discounts on charges and interest rates on loans that are more attractive.

      24th June 2015

    • ICICI Bank christens Tap-n-Pay

      Tap-n-Pay is a payment service introduced by ICICI Bank in collaboration with Tech Mahindra. This service is based on near-field communication (NFC) enabling customers to make payments without using cash. You have to merely tap a NFC-enabled phone or a tag to the cash counter. This service is provided only to the closed groups. The user will have the customer for the service before enrolling then for using it.


      This reduces the dependency on cash. The service is not limited to ICICI customers, customer having any bank account can avail the NFC tag or can configure it to their mobile phones. Rajeev Sabharwal, Executive Director of ICICI Bank, said that the customer doesnt have to visit any branch to register nor is there any documentation required.

      23rd April 2015

    • ICICI Bank Decides to Restart its Special Asset Management Group to Recover its Bad Debt

      Indias largest private-sector bank ICICI Bank is going to restart its Special Asset Management Group by April, which was shut down a decade ago. The main reason for reviving this unit is to initiate a drive to recover its bad debts. Given that the banks bad debts soared in the fourth quarter, Chanda Kochhar, the Chief Executive Officer of the bank decided to restart this special unit. In this venture, ICICI Bank joins State Bank of India, the largest public sector bank in India. SBI also has a similar unit dedicated to recover badloans. By reviving this unit, ICICI Bank is expected to improve its asset quality.

      13th March 2015

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  • ICICI Bank Personal Loan Reviews

    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied personal loan with 2 different banks, so I got loan approved with YES bank so that was the reason I haven't opted the personal loan with ICICI ,. The customer service with ICICI is good. The personal process with ICICI is very good. The interest rate offered with ICICI bank was the reasonable as per the market rate.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Below Average Service"
      0.5 2.0/5 "Expected more"
      The ICICI executives has not gave proper response in regards to my personal loan application so that was the reason I haven't opted the loan from ICICI bank. The response need to be improved with ICICI bank. The ICICI bank need improvement in their customer service and in their process.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      service part was really really good and helpfull for me and even the executives were resposible in processing my request but the only problem i faced with ICICI personal loan was their intrest rate was really high compare to others which was an disappointment for me
      Was this review helpful? 0
      , kolhapur
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      Due to the personal reasons I have asked ICIC bank to cancel my persona loan application. The customer service and the ICIC bank personal loan process was good. The interest rate which was offered by ICICI bank was nominal . I am satisfied with the ICICI bank service.
      Was this review helpful? 0
      , sikar
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Response need to be improved "
      0.5 1.0/5 "Really Bad"
      The ICICI bank response was not satisfactory. Most of the response was not up to the mark from ICICI . The ICICI executive was not not aware of the loan details . The response was the reason I haven't got the loan from ICICI bank. The response part need to be improved with ICICI bank rather the response need to be professional in future with ICICI bank.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Interest rate should be competitive"
      0.5 3.0/5 "Satisfactory"
      ICICI didn't give best interest, they offered me 14.75%, it is not competitive but I was looking the interest rate around 13% on personal loan. Even I requested the bank to reduce the rate but were not in a position to reduce it. Service wise its good and satisfied.
      Was this review helpful? 0
      , bhandara
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      Currently I have dropped the plan to avail personal loan, because I would like to take home loan from same bank. ICICI response was good on personal loan request. They have called me and confirmed my requirement. But interest rate was higher side for personal loan.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "ICICI Bank should understand the customer's need"
      0.5 2.0/5 "Expected more"
      My net salary was around Rs.18,000 based on the salary norms, ICICI did not approve my personal loan. I really need loan at this point of time, if they would have provide loan for affordable principal amount it would have been better but ICICI was totally rejected my application. I am very disappointed with their service.
      Was this review helpful? 0
      , aurangabad
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Good bank"
      0.5 4.0/5 "Great!"
      When I applied for a loan executive from ICICI bank contacted me for verification and they said that the wont provide loan without having account with ICICI, apart from that the service was very good from ICICI
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      , pondicherry
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Not good service"
      0.5 1.0/5 "Really Bad"
      I dont know when my application got closed. Lon application got closed before two months but till now I had not received a call from ICICI bank. The told me that my documents are not enough and did no suggest me with any other alternative solution. From their side ICICI closed my loan application with out giving any information and at the end they said they wont provide loan for customer who does not hold an account with ICICI.
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      , chennai
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Good banking"
      0.5 4.0/5 "Great!"
      My application got closed because i was out of station when person from ICICI came to collect documents, Rather that I am very much happy with the rate of interest provided by ICICI bank. Customer service was good they follow up was very good
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      , chennai
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Not good service"
      0.5 3.0/5 "Satisfactory"
      Actually when I applied for the loan people from ICICI bank called to get all the required information, they asked how much loan I want. I asked them loan amount five lakhs they said that they will give a call back with in two days, till now I dint receive a call yet from ICICI bank till date. I am very much disappointed with ICICI customer service.
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      , guntur
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have asked the ICICI bank executive to cancel my personal loan process , because I am holding HDFC bank personal loan which is running at present, so this was the reason I have cancelled my persona loan with ICICI bank. The customer service was good with ICICI .
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      , visakhapatnam
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "ROI is high and services are good"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with ICICI Bank for the personal loan, as I received the funds on time and as expected. The interest rate was on the higher side. I got a rate of around 14% and the processing charges was high too. The tenure is for five years, it would have been better if it was a lesser tenure period.
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      , shimla
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Need to decrease the Interest rate in future."
      0.5 3.0/5 "Satisfactory"
      The Rate of interest which was offered by ICICI bank was high when compared with others. I have stopped the process because of the Interest rate which they have offered. The rate of interest needs to be reduced with ICICI in future, so that the personal loan process can move smooth with ICICI bank.
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      , hyderabad
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Its Good"
      0.5 2.5/5 "Just OK"
      My loan was rejected from ICICI because of credit score, I have checked my score, hope its not upto the mark. But I didn't any alternate option or suggestion from Bank. I am fine with the initial process when called and spoke but when they came to know my loan was not possible they didn't contact me.
      Was this review helpful? 0
      , amravati
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I am really happy as icici as offered me a personal loan the entire process was very simple documentation procedure was easy, no special offers or schemes they have given to me but what ever I asked they have given especially loan amount and interest rate the loan amount I have opted is around 1.5 lakhs and the rate of interest they have offered me around is 15.99% and the loan got disbursed with 6 days of time.
      Was this review helpful? 0
      , surat
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      The ICICI executive told that my salary haven't met their eligibility criteria in concern to my personal loan application. The ICICI bank customer service was very good. The gave good response . The interest rate and the charges are very high when compared with other banks.
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      , thrissur
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      ICICI bank has offered me high Interest rate in my personal loan when compared with HDFC bank, so that was the reason I haven't got the loan from ICICI bank. Other than that the process with ICICI bank was good. The customer service and the ICICI bank executive gave good response in regards to my personal loan application.
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      , ankleshwar
      Reviewed on Aug 22, 2017
    • ICICI Bank Personal Loan
      "Average"
      0.5 2.5/5 "Just OK"
      Executive from the ICICI bank contacted me and confirmed that I have not met their terms and conditions, so I did not go ahead with them. Customer service provided by them is a good one with the ICICI bank like wise they have contacted me on an immediate basis.
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      , bangalore
      Reviewed on Aug 22, 2017
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