#1
19th March 2016, 12:08 PM
| |||
| |||
ICICI Bank Personal Loan
Hi I would like to know the details of the personal Loan which is offered by the ICICI Bank as I am planning to take a personal loan?
|
#2
19th March 2016, 12:09 PM
| |||
| |||
Re: ICICI Bank Personal Loan
Dreaming of a vacation, a perfect wedding, home renovation or a much desired gadget, one no longer needs to wait to realize the dreams. Make life picture perfect with ICICI Bank Personal Loans. ICICI Bank Personal Loan Details: Personal Loan Eligibility: Criteria Salaried Age 23 years - 58 years. Net Salary Salaried 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/profession 2 Years Years in current residence 1 Year Criteria Self Employed Age 28 years (self employed individuals) and 25 years (for doctors); Maximum age - 65 years Minimum Turnover Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials Minimum Profit After Tax Rs. 2 lac for Proprietorship Firm/Self employed Individuals and Rs. 1 lac for non-professionals as per audited financials Business Stability In current business for at least 5 years and minimum 3 years for doctors Existing relationship with ICICI Bank Minimum 1 year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track as required. Personal Loan Interest Rates & Charges Loans & Advances - Indicative lending rates updated on March 01, 2015 Type of credit facility Interest Rate and Charges Applicable Personal Loans 11.49% to 22.00% Loan Processing Charges / Origination Charges (Non-Refundable) Upto 2.50% of loan amount plus service tax Prepayment Charges 5% of principal outstanding plus service tax Charges for Late Payment 2% per month plus service tax Cheque Swap Charges ₹ 500/- per transaction plus service tax Amortisation Schedule Charges ₹ 200/- per schedule plus service tax Statement of Account Charges ₹ 200/- per schedule plus service tax Prepayment/Foreclosure Statement Charges ₹ 100/- per schedule plus service tax Duplicate No Objection Certificate/ No Due Certificate ₹ 500/- per NOC plus service tax/₹ 200/- per NDC plus service tax Duplicate Prepayment/Foreclosure Statement Charges ₹ 200/- per schedule plus service tax Loan Cancellation Charges ₹ 3000/- plus service tax |
|