ICICI bank the country’s largest private sector bank in the country is offering personal loan under unsecured loan category. Personal loan can be had without any collateral as security for the loan. The borrowers need to have high credit rating, in order to get this loan approved. Personal loans are the smart way for the borrowers looking to fulfill their needs and having the ability repay it over the period of specified timeline.
Personal loan Interest rate: 11.49% to 22.00%
Loan processing fees: Up to 2.50% of the loans mount
Prepayment charges: 5% of the outstanding out.
Personal loans up to Rs. 20 lakh for salaried people, with a minimum salary of Rs.20000 per month and Rs. 30 lakh for self employed persons
Prepayment, foreclosure statement charges: Rs.100 per schedule
Late payment charges: 2% per month
No guarantor, Security needed
Flexible repayment options available
Multipurpose loan can be used for any purpose.
For more information on ICICI Personal loan interest rates, get in touch.