{"id":14482,"date":"2024-08-10T16:25:38","date_gmt":"2024-08-10T10:55:38","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=14482"},"modified":"2025-05-31T18:56:23","modified_gmt":"2025-05-31T13:26:23","slug":"icici-bank-personal-loan","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/","title":{"rendered":"ICICI Bank Personal Loan: Its Features, Eligibility &amp; How to Apply"},"content":{"rendered":"\n<p>ICICI Bank offers personal loans that provide quick and flexible financing for various needs, such as weddings, education, travel, or medical emergencies. With loan amounts up to INR 50 lakhs, competitive interest rates starting at 10.80% p.a., and a hassle-free application process, ICICI Bank personal loans are designed to meet diverse financial requirements. <\/p>\n\n\n\n<p>This comprehensive guide explores all about ICICI Bank personal loan, its features, benefits, eligibility, and application process to help you make an informed decision. So, let\u2019s begin.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-overview-of-icici-bank-personal-loan\" data-level=\"2\">Overview of ICICI Bank Personal Loan<\/a><\/li><li><a href=\"#h-benefits-of-icici-bank-personal-loan\" data-level=\"2\">Benefits of ICICI Bank Personal Loan<\/a><\/li><li><a href=\"#h-icici-bank-personal-loan-interest-rates-and-charges\" data-level=\"2\">ICICI Bank Personal Loan Interest Rates and Charges<\/a><\/li><li><a href=\"#h-eligibility-criteria-for-icici-bank-personal-loan\" data-level=\"2\">Eligibility Criteria for ICICI Bank Personal Loan<\/a><ul><li><a href=\"#h-eligibility-for-salaried-individuals\" data-level=\"3\">Eligibility for Salaried Individuals<\/a><\/li><li><a href=\"#h-eligibility-for-self-employed-individuals\" data-level=\"3\">Eligibility for Self-Employed Individuals<\/a><\/li><li><a href=\"#h-how-to-check-icici-personal-loan-eligibility\" data-level=\"3\">How to Check ICICI Personal Loan Eligibility?<\/a><\/li><\/ul><\/li><li><a href=\"#h-documents-required-for-icici-bank-personal-loan\" data-level=\"2\">Documents Required for ICICI Bank Personal Loan<\/a><ul><li><a href=\"#h-for-salaried\" data-level=\"3\">For Salaried<\/a><\/li><li><a href=\"#h-for-self-employed\" data-level=\"3\">For Self-Employed<\/a><\/li><\/ul><\/li><li><a href=\"#h-icici-bank-personal-loan-for-students\" data-level=\"2\">ICICI Bank Personal Loan for Students<\/a><\/li><li><a href=\"#h-how-to-apply-for-an-icici-bank-personal-loan\" data-level=\"2\">How to Apply for an ICICI Bank Personal Loan?<\/a><ul><li><a href=\"#h-internet-banking\" data-level=\"3\">Internet Banking<\/a><\/li><li><a href=\"#h-imobile-pay\" data-level=\"3\">iMobile Pay<\/a><\/li><li><a href=\"#h-official-website\" data-level=\"3\">Official Website<\/a><\/li><\/ul><\/li><li><a href=\"#h-top-up-facility-on-personal-loans-from-icici-bank\" data-level=\"2\">Top-Up Facility on Personal Loans from ICICI Bank<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-icici-bank-personal-loan\"><span id=\"overview-of-icici-bank-personal-loan\">Overview of ICICI Bank Personal Loan<\/span><\/h2>\n\n\n\n<p>ICICI Bank offers personal loans up to INR 50 lakhs with interest rates starting from 10.80% onwards. These are <a href=\"https:\/\/fly.finance\/blog\/education-loan\/list-of-unsecured-loans-for-study-abroad\/\"><strong>unsecured loans<\/strong><\/a>, so you don\u2019t have to mortgage collateral with the bank. The repayment period for ICICI Bank personal loans ranges from 12 to 72 months.<\/p>\n\n\n\n<p>You can get an instant e-approval for a <a href=\"https:\/\/fly.finance\/blog\/education-loan\/personal-loan-for-education\/\"><strong>personal loan for education<\/strong><\/a> or other purposes on the ICICI official website, subject to eligibility criteria. The loan processing requires minimal documentation, and there are no prepayment charges after payment of 12 EMIs. Check the major features of the ICICI Bank personal loan below:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Basis<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Loan Amount<\/td><td>INR 50,000 to INR 50 lakhs<\/td><\/tr><tr><td>Interest Rates<\/td><td>10.80% to 16.15% p.a<\/td><\/tr><tr><td>Repayment Tenure<\/td><td>12 to 72 months<\/td><\/tr><tr><td>Mode of Application<\/td><td>&#8211; Offline via Branch Visit<br>&#8211; Online via Official Website, Mobile Banking (iMobile Pay), and ICICI Internet Banking<\/td><\/tr><tr><td>Types of ICICI Personal Loans<\/td><td>NRI Personal Loans, Pre-approved Instant Personal Loans, Business Installment Loans, Top-up Personal Loans, Flexicash, etc.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out all the details related to the&nbsp;<\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/icici-bank-interest-certificate\/\"><strong>ICICI Bank interest certificate<\/strong><\/a><strong>&nbsp;and learn how to avail it to claim tax benefits.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-icici-bank-personal-loan\"><span id=\"benefits-of-icici-bank-personal-loan\">Benefits of ICICI Bank Personal Loan<\/span><\/h2>\n\n\n\n<p>ICICI Bank personal loans provide the funds needed for personal use. You can avail of instant funds for multiple purposes. Whether it&#8217;s a dream vacation, home renovation, higher education, or a medical emergency, you can get instant, quick cash. <\/p>\n\n\n\n<p>Let\u2019s explore some benefits and see why ICICI Bank personal loans are a perfect financial solution for you-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No collateral is required, and you can apply for unsecured personal loans without pledging assets.<\/li>\n\n\n\n<li>Fixed interest rates on ICICI personal loans provide you with the benefit of stable ROI and consistent EMIs.<\/li>\n\n\n\n<li>The application process is straightforward, and minimal documentation is required. This reduces the paperwork and lets you apply online or offline quickly.<\/li>\n\n\n\n<li>You can choose the repayment tenure based on your financial capacity.<\/li>\n\n\n\n<li>You can foreclose the loan if funds are available and the bank won\u2019t charge anything after the payment of the first 12 EMIs.<\/li>\n\n\n\n<li>There are no cancellation charges if the loan is cancelled within 15 days of disbursement, also called the Free Look or Cooling Period.<\/li>\n\n\n\n<li>You can claim ICICI\u00a0<a href=\"https:\/\/fly.finance\/blog\/education-loan\/personal-loan-and-tax-benefit\/\"><strong>personal loan tax benefits<\/strong><\/a>\u00a0and claim deductions.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-icici-bank-personal-loan-interest-rates-and-charges\"><span id=\"icici-bank-personal-loan-interest-rates-and-charges\">ICICI Bank Personal Loan Interest Rates and Charges<\/span><\/h2>\n\n\n\n<p>ICICI Bank offers personal loans at competitive interest rates. It ranges from\u00a0<em>10.80% p.a to 16.15% p.a<\/em>. The exact interest rate would depend on your creditworthiness and market conditions. For the ICICI Bank personal loan, the bank calculates interest every month, adding one-twelfth of the annual interest rate to the outstanding loan amount. <\/p>\n\n\n\n<p>You must make monthly payments that cover both the principal and accrued interest. Check the table below to understand the charges applicable to ICICI Bank personal loans-<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Charge Type<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Loan Processing Charges<\/td><td>2% of the loan amount (Non-refundable)<\/td><\/tr><tr><td>Pre-payment\/ Foreclosure charges<\/td><td>&#8211; 3% on the outstanding loan amount- NIL if 12 EMIs are paid<\/td><\/tr><tr><td>Cheque\/ AD\/ECS bounce Charges\/ SAL OD (Late payment fees)<\/td><td>INR 500<\/td><\/tr><tr><td>Repayment mode swap Charges<\/td><td>INR 500<\/td><\/tr><tr><td>Loan Cancellation Charges<\/td><td>&#8211; NIL if cancelled within 15 days from Disbursement- INR 2,500 on cancellation post-cooling period<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Planning to pursue higher education abroad? Know all about&nbsp;<\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loans-without-collateral\/\"><strong>education loans without collateral<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-criteria-for-icici-bank-personal-loan\"><span id=\"eligibility-criteria-for-icici-bank-personal-loan\">Eligibility Criteria for ICICI Bank Personal Loan<\/span><\/h2>\n\n\n\n<p>ICICI Bank offers personal loans to both salaried and self-employed individuals with a stable source of income and a good\u00a0<a href=\"https:\/\/fly.finance\/blog\/personal-loan\/cibil-score-for-personal-loans\/\"><strong>CIBIL score for personal loans<\/strong><\/a>. Factors like age, net salary, total years of professional work experience, and duration of residence at the current address determine the ICICI Bank personal loan eligibility for salaried employees.<\/p>\n\n\n\n<p>For self-employed individuals, ICICI Bank personal loan eligibility depends on age, minimum turnover, minimum profit after tax, business stability, and existing relationship with ICICI Bank. Given below are the eligibility criteria for salaried and self-employed individuals; however, it is subject to change as per RBI guidelines.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-eligibility-for-salaried-individuals\"><span id=\"eligibility-for-salaried-individuals\">Eligibility for Salaried Individuals<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Age between 20 to 58 years<\/li>\n\n\n\n<li>Minimum monthly income of INR 30,000<\/li>\n\n\n\n<li>At least 2 years of work experience<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-eligibility-for-self-employed-individuals\"><span id=\"eligibility-for-self-employed-individuals\">Eligibility for Self-Employed Individuals<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Age between 23 to 65 years (at the end of the loan tenure)<\/li>\n\n\n\n<li>Minimum turnover and profit requirements (vary based on profession)<\/li>\n\n\n\n<li>Business stability with 2 years in the currency business and a total experience of more than 3 years<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-to-check-icici-personal-loan-eligibility\"><span id=\"how-to-check-icici-personal-loan-eligibility\">How to Check ICICI Personal Loan Eligibility?<\/span><\/h3>\n\n\n\n<p>The ICICI Bank Personal loan eligibility calculator lets you check the eligibility criteria. You can use the online calculator to estimate the loan amount you qualify for. These calculators consider factors like your income, expenses, and existing loans to provide a potential loan amount. This helps you plan your finances effectively.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-documents-required-for-icici-bank-personal-loan\"><span id=\"documents-required-for-icici-bank-personal-loan\">Documents Required for ICICI Bank Personal Loan<\/span><\/h2>\n\n\n\n<p>When applying for ICICI Bank personal loans, you must submit some documents with the application form. This lets the bank assess your personal and financial background and proceed with the loan processing after verification. Check out the list of documents required for the ICICI Bank personal loan-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-salaried\"><span id=\"for-salaried\">For Salaried<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Passport\/ Aadhaar Card\/ Driving License\/ Voter\u2019s ID<\/li>\n\n\n\n<li>Last 3 months\u2019 salary slips<\/li>\n\n\n\n<li>Last 3 months&#8217; bank statement where the salary is credited<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-for-self-employed\"><span id=\"for-self-employed\">For Self-Employed<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Passport\/ Aadhaar Card\/ Driving License\/ Voter\u2019s ID\/ NREGA Card<\/li>\n\n\n\n<li>Audited financial statements for the last 2 years<\/li>\n\n\n\n<li>Bank statements for the last 6 months<\/li>\n\n\n\n<li>Address proof of the office<\/li>\n\n\n\n<li>Proof of residence or office ownership<\/li>\n\n\n\n<li>Proof of continuity of business<\/li>\n<\/ul>\n\n\n\n<p>Please note that additional documents may be required by the bank at its discretion.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out this blog to know how to avail\u00a0of <\/strong><a href=\"https:\/\/fly.finance\/blog\/personal-loan\/personal-loan-with-low-cibil-score\/\"><strong>personal loans with a low CIBIL score<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-icici-bank-personal-loan-for-students\"><span id=\"icici-bank-personal-loan-for-students\">ICICI Bank Personal Loan for Students<\/span><\/h2>\n\n\n\n<p>Aspiring students who wish to pursue higher education in India or abroad can apply for an&nbsp;<a href=\"https:\/\/fly.finance\/blog\/education-loan\/icici-bank-education-loan\/\"><strong>ICICI Bank education loan<\/strong><\/a>&nbsp;under its dedicated scheme. You can also avail of a personal loan from ICICI Bank for online courses.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>One can get an ICICI Bank personal loan up to INR 50 lakhs.<\/li>\n\n\n\n<li>Interest rates starting from 10.80% p.a.<\/li>\n\n\n\n<li><a href=\"https:\/\/fly.finance\/blog\/education-loan\/icici-bank-education-loan-disbursement-process\/\"><strong>ICICI Bank&#8217;s education loan disbursement process<\/strong><\/a>&nbsp;is transparent, safe, and quick, enabling you to pursue academics without any worries.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-apply-for-an-icici-bank-personal-loan\"><span id=\"how-to-apply-for-an-icici-bank-personal-loan\">How to Apply for an ICICI Bank Personal Loan?<\/span><\/h2>\n\n\n\n<p>You can apply for ICICI Bank personal loans by visiting the nearest bank branch. Fill out the application form and attach the required documents. Submit it to the bank representative and wait for verification. To apply online for an ICICI Bank personal loan, you can log in to internet banking, the iMobile Pay app, or visit the official website and follow the simple steps given below-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-internet-banking\"><span id=\"internet-banking\">Internet Banking<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Log in to ICICI Bank Internet Banking with your User ID and password.<\/li>\n\n\n\n<li>Click on \u2018Loans\u2019 under the \u2018Cards and Loans\u2019 section.<\/li>\n\n\n\n<li>Scroll to the \u2018Offers\u2019 section.<\/li>\n\n\n\n<li>Select the \u2018Instant Disbursal\u2019 option under Personal Loan.<\/li>\n\n\n\n<li>Choose the loan amount and tenure and re-check your loan details.<\/li>\n\n\n\n<li>Accept the \u2018terms and conditions\u2019, and click on \u2018Confirm\u2019.<\/li>\n\n\n\n<li>Now, accept the documents and declarations.<\/li>\n\n\n\n<li>Authenticate with your Debit Card Grid values.<\/li>\n\n\n\n<li>Click \u2018Disburse Now\u2019.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-imobile-pay\"><span id=\"imobile-pay\">iMobile Pay<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Login to iMobile Pay.<\/li>\n\n\n\n<li>Click on \u2018Pre-approved Loans\/ Offers\u2019<\/li>\n\n\n\n<li>Tap on \u2018Avail Now\u2019 under \u2018Pre-approved Personal Loan\u2019.<\/li>\n\n\n\n<li>Customise your loan amount and tenure.<\/li>\n\n\n\n<li>Click on \u2018Proceed\u2019.<\/li>\n\n\n\n<li>Review your loan details and click on \u2018Disburse Now\u2019.<\/li>\n\n\n\n<li>Enter Debit Card details in the grid for authentication.<\/li>\n\n\n\n<li>Click on \u2018Submit\u2019.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-official-website\"><span id=\"official-website\">Official Website<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the official website of ICICI Bank.<\/li>\n\n\n\n<li>Click on \u2018Loans\u2019 and select \u2018ICICI Bank personal loan\u2019.<\/li>\n\n\n\n<li>Click on \u2018Avail Now\u2019.<\/li>\n\n\n\n<li>Enter the loan amount and tenure.<\/li>\n\n\n\n<li>Now, give the details as asked, including phone number, PAN number, and DOB.<\/li>\n\n\n\n<li>Enter the Aadhaar Number and verify by providing OTP.<\/li>\n\n\n\n<li>Provide personal details and verify.<\/li>\n\n\n\n<li>Confirm your loan application.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out this blog to learn more about the&nbsp;<\/strong><a href=\"https:\/\/fly.finance\/blog\/personal-loan\/sbi-personal-loan-application-process\/\"><strong>SBI personal loan application process<\/strong><\/a><strong>&nbsp;and how to apply.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-top-up-facility-on-personal-loans-from-icici-bank\"><span id=\"top-up-facility-on-personal-loans-from-icici-bank\">Top-Up Facility on Personal Loans from ICICI Bank<\/span><\/h2>\n\n\n\n<p>ICICI Bank offers the top-up facility for those who want to increase their existing loan amount. You can take advantage of this facility if you have already made 12 EMI payments on the current personal loan from ICICI Bank. Here&#8217;s how to request a Top-Up with the bank-<\/p>\n\n\n\n<p><strong>Online<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Log in to your ICICI Bank account.<\/li>\n\n\n\n<li>Navigate to \u2018My Accounts\u2019 and select \u2018Loans\u2019.<\/li>\n\n\n\n<li>Click on \u2018Apply for Loans\u2019 and choose \u2018Personal Loan\u2019 followed by \u2018Apply Now\u2019.<\/li>\n\n\n\n<li>Check your eligibility and proceed with the application for a Top-Up.<\/li>\n<\/ul>\n\n\n\n<p><strong>Offline (Branch Visit)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit your nearest ICICI Bank Loan servicing branch<\/li>\n\n\n\n<li>Carry valid ID proof, address proof, your latest 3-month salary slips, and Form-16 for the current\/previous financial year (for income verification).<\/li>\n<\/ul>\n\n\n\n<p><strong>Phone<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Call ICICI Bank Customer Care at 1800 1080 between 8:00 AM and 8:00 PM.<\/li>\n<\/ul>\n\n\n\n<p>This was all about the ICICI Bank Personal loan. Make sure to check the eligibility criteria and apply for the loan after going through the terms and conditions and comparing the personal loan interest rates of other banks. Feel free to drop your comments in case of further queries.<\/p>\n\n\n\n<p>To know more about\u00a0<a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, the best\u00a0<a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>,\u00a0<a href=\"https:\/\/fly.finance\/forex\"><strong>forex<\/strong><\/a>\u00a0and banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1723286508937\"><strong class=\"schema-faq-question\"><strong>What is an ICICI Bank personal loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">A personal loan from ICICI Bank lets you avail of instant funds for multiple purposes like marriage, education, travel, medical expenses, and home construction or renovation. You get an ICICI Bank personal loan up to INR 50 lakhs with interest rates of 10.80% onwards.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1723286510303\"><strong class=\"schema-faq-question\"><strong>How can I apply for ICICI Bank personal loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">You can apply for an ICICI Bank personal loan in 5 simple steps online. Visit their official website, select the loan amount and tenure, and provide basic details and work-related information. Review your application and confirm it. Once done, the amount will be disbursed.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1723286539871\"><strong class=\"schema-faq-question\"><strong>Who is eligible for ICICI Bank personal loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">ICICI Bank offers personal loans to both salaried and self-employed individuals with a stable source of income and a good credit score. To be eligible for an ICICI Bank personal loan, the borrower\u2019s minimum monthly salary must be INR 30,000 and more than 2 years of professional work experience.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1723286554463\"><strong class=\"schema-faq-question\"><strong>What is the interest rate on ICICI Bank personal loans?<\/strong><\/strong> <p class=\"schema-faq-answer\">ICICI Bank offers personal loans at competitive interest rates. It ranges from\u00a0<em>10.80% p.a to 16.15% p.a<\/em>. However, the exact interest rate on ICICI Bank personal loan would depend on your creditworthiness and market conditions.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1723286567262\"><strong class=\"schema-faq-question\"><strong>Is a top-up facility available on ICICI Bank personal loans?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes. ICICI Bank offers top-up facility for those who want to increase their existing loan amount. You can take advantage of this facility if you have already made 12 EMI payments on the current personal loan from ICICI Bank.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1723286599374\"><strong class=\"schema-faq-question\"><strong>Does ICICI Bank offer personal loans for students?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes. Students who wish to pursue higher education in India or abroad can avail of ICICI Bank personal loans for education. You can also utilise the loan amount for online courses.<\/p> <\/div> <\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Related Blogs<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loans-for-mba-in-usa\/\"><strong>Education Loan for MBA in the USA<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-pilot-training\/\"><strong>Education Loan for Pilot Training<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/loan-against-mutual-funds\/\"><strong>Education Loan against Mutual Funds<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-extension-letter\/\"><strong>Education Loan Extension Letter to Bank<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-against-fixed-deposit\/\"><strong>Education Loan against Fixed Deposits<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loans-for-ms-in-usa\/\"><strong>Education Loan for MS in the USA<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-after-12th\/\"><strong>Education Loan after 12th<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-online-degree\/\"><strong>Education Loan for Online Degree<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-medical-courses\/\"><strong>Education Loan for Medical Courses Abroad<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/what-happens-to-the-education-loan-if-the-borrower-dies\/\"><strong>What Happens to Education Loan if the Borrower Dies?<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Bank offers personal loans that provide quick and flexible financing for various needs, such as weddings, education, travel, or medical emergencies. With loan amounts up to INR 50 lakhs, competitive interest rates starting at 10.80% p.a., and a hassle-free application process, ICICI Bank personal loans are designed to meet diverse financial requirements. This comprehensive &#8230; <a title=\"ICICI Bank Personal Loan: Its Features, Eligibility &amp; How to Apply\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/\" aria-label=\"Read more about ICICI Bank Personal Loan: Its Features, Eligibility &amp; How to Apply\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":20042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[],"class_list":["post-14482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ICICI Bank Personal Loan: Its Features, Eligibility &amp; How to Apply<\/title>\n<meta name=\"description\" content=\"Check here for all about the ICICI Bank Personal Loan. 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I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286508937","position":1,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286508937","name":"What is an ICICI Bank personal loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A personal loan from ICICI Bank lets you avail of instant funds for multiple purposes like marriage, education, travel, medical expenses, and home construction or renovation. You get an ICICI Bank personal loan up to INR 50 lakhs with interest rates of 10.80% onwards.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286510303","position":2,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286510303","name":"How can I apply for ICICI Bank personal loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can apply for an ICICI Bank personal loan in 5 simple steps online. Visit their official website, select the loan amount and tenure, and provide basic details and work-related information. Review your application and confirm it. Once done, the amount will be disbursed.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286539871","position":3,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286539871","name":"Who is eligible for ICICI Bank personal loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"ICICI Bank offers personal loans to both salaried and self-employed individuals with a stable source of income and a good credit score. To be eligible for an ICICI Bank personal loan, the borrower\u2019s minimum monthly salary must be INR 30,000 and more than 2 years of professional work experience.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286554463","position":4,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286554463","name":"What is the interest rate on ICICI Bank personal loans?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"ICICI Bank offers personal loans at competitive interest rates. It ranges from\u00a0<em>10.80% p.a to 16.15% p.a<\/em>. However, the exact interest rate on ICICI Bank personal loan would depend on your creditworthiness and market conditions.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286567262","position":5,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286567262","name":"Is a top-up facility available on ICICI Bank personal loans?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes. ICICI Bank offers top-up facility for those who want to increase their existing loan amount. You can take advantage of this facility if you have already made 12 EMI payments on the current personal loan from ICICI Bank.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286599374","position":6,"url":"https:\/\/fly.finance\/blog\/personal-loan\/icici-bank-personal-loan\/#faq-question-1723286599374","name":"Does ICICI Bank offer personal loans for students?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes. Students who wish to pursue higher education in India or abroad can avail of ICICI Bank personal loans for education. You can also utilise the loan amount for online courses.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=14482"}],"version-history":[{"count":5,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14482\/revisions"}],"predecessor-version":[{"id":20039,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14482\/revisions\/20039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/20042"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=14482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=14482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=14482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}