(Updated on 01.04.17) ICICI Personal Loan EMI Calculator April 2017: Get Instant Quick & Easy Approval on ICICI Personal Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan ✓ Eligibility ✓ Monthly EMI ✓ Loan Amount ✓ ROI ✓ Principal Amount ✓ Total Interest & more online.
ICICI Bank to Link with Paytm for Personal Loan
Payment services and e-commerce firm Paytm, in association with the ICICI Bank, will be offering micro-loans to its wallet-users soon.
After receiving the final approval from RBI to formally launch its own payment bank, Paytm will be offering micro-loans between ₹5,000 to ₹20,000.
The loan amount will be disbursed by the ICICI bank and will be credited to the paytm wallet.
Loan eligibility will be decided on the basis of transaction history, particularly electricity and mobile bill payments.
ICICI bank also tied up with Truecaller, to allow Truecaller users to make P2P payments.
ICICI PERSONAL LOAN – QUICK, EASY & INSTANT APPROVAL ONLINE
ICICI Personal Loan
ICICI Personal Loan is the widely preferred multi-purpose loan perfectly designed to help borrowers to fulfill their any immediate authentic financial emergency. ICICI Personal loan is extensively popular for its quick loan approval –Personal Loans are approved within 72 of complete documents submission. ICICI Personal Loan Eligibility Calculator is the best option to know your eligibility to choose the finest Personal Loan which can be availed at a feasible Fixed rate of Interest, with flexible loan tenures up to 60 months, Repayment through Auto-debit/ECS/PDC and lots more. ICICI Personal Loan can be utilized for House renovation, Holidays, Purchase of consumer durables, Education, Marriage, Short Term loan for equipment purchase, Short Term Working Capital, Any other personal emergency.
ICICI Bank Home Loan is the quickest and easiest Home Loan which has higher eligibility and low EMIs at attractive interest rates. Get your ICICI personal loan linked with Home Loan without any hassle.
ICICI Personal Loan Interest Rates March 2017
|Interest Rate||11.47% – 22.00%|
|Processing fee range||Upto 2.25% of loan amount plus service tax|
|Loan Amount||Loan up to Rs. 15 Lakhs|
|Tenure||Flexible tenures up to 60 months|
ICICI Personal Loan EMI Calculator
ICICI Bank Personal Loan EMI Calculator
|Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan emi within seconds.
ICICI Personal Loan Eligibility
ICICI Personal Loan for Salaried Individual
23 years – 58 years.
Monthly income of Rs.17,500 (Rs.25,000 for applicants residing in Mumbai & Delhi; Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata)
2 years in job/profession
1 years in current residence
ICICI Personal Loan for Self-employed Individuals
28 years (self-employed individuals) and 25 years (for doctors); Maximum age – 65 years
Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financial (Annual turn over)
In current business for at least 5 years and minimum 3 years for doctors.
Having regular transactions or proper relationship with ICICI Bank.
ICICI Personal Loan Documents Required
List of documents for Salaried Individuals
Passport / Driving License / Voters ID / PAN Card
Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport
Latest 3 months Bank Statement (where salary/income is credited)
List of documents for Self-Employed Individuals
KYC Documents : Proof of Identity; Address proof; DOB proof.
Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one)
Income proof (audited financial for the last two years)
Latest 6 months Bank statement.
Office address proof, Proof of residence or office ownership.
Proof of continuity of business.
ICICI Personal Loan Prepayments
5% of principal outstanding plus service tax
Other charges are also applicable as per bank’s norms.
ICICI BANK USER QUERIES APRIL 2017
If a customer opting Personal Loan of an amount ₹ 2,22,000, interest rate given by ICICI Bank is 14.50% for 3 years loan term. Now customer have to check what will be the exact emi, total interest amount per year, total outstanding amount per year & more.
|Loan Amount||Tenure||Interest Rate||Loan EMI|
|₹ 2,22,000.00||36 months (3 years)||14.50%||₹ 7641.46|
YEARLY & MONTHLY CALCULATED VALUES FOR ICICI BANK PERSONAL LOAN AMOUNT OF Rs. 2,22,000 @ INTEREST RATE OF 14.50% FOR 3 YEARS (36 MONTHS)
Note : Values calculated on 01.03.17
|YEAR||PRINCIPAL AMOUNT||INTEREST AMOUNT||OUTSTANDING AMOUNT|
|1||RS. 63,619||RS. 28,073||RS. 158,381|
|2||RS. 73,482||RS. 18,210||RS. 84,899|
|3||RS. 84,991||RS. 6,818||RS. 0|