ICICI Personal loan: A quick insight into its handful of charges

ICICI bank which was originally promoted in 1994 by ICICI limited provides a wide range of products and services with a true banking composition. Ranging from home loan to personal loan, car loan to education loan, retail banking, mutual funds etc., it provides an exotic range of interest rates and other charges as well. One among the largest private sector banks, ICICI bank has proven itself worth for its customers with easy processing, doorstep services, easy finance and many more. One of its major loan part covers personal loan, which is in high demand among a common man today.

ICICI Personal loan is a loan that covers all urgent needs and other contingency needs for a common man, Now a days, where cost of living is too high, demand is  at its peak, inflation has touched the sky, we as common man would always struggle for liquid cash in our accounts. And that is hardly possible. Therefore, to meet our petty expenses or contingencies, we, sometimes feel helpless or bankrupt. But, now everything is possible. Be it a personal expense, down payment of your house, car, a loud marriage reception, renovation of your house or any other contingency expense, you need not to worry. Yes, ICICI personal loan will do it for you. ICICI bank personal loan will provide you a loan up to 60 months for the amount you need at very competitive and low interest rates.

What all you get with ICICI personal loan

? Have a look below:

·         Low interest rates

·         Low processing fees

·         Transparency

·         Quick disbursal

·         Loan tenure up to 60 months

·         No guarantor required

And above all a commitment and a lifelong relationship.

Bank bazaar.com will assist you all the way in getting ICICI Bank personal loan, right from searching a best loan, eligibility check, documentation required, filling up application form, and customer service executive personal assistance till you get your loan.

Check your eligibility now!

Now, let’s have a quick look into different charges levied on ICICI bank personal loan:

CHARGES	RATES
Interest rates 1	13.99% - 18.00% (on reducing balance)
Processing Fees 2	Up to 2.25% of loan amount in addition to service tax
Prepayment charges	Least of the following: ·         5% of the outstanding principle amount ·         Amount of interest outstanding for unexpired period of time
Late payment charges	2% per month
Cheque swap charges 3	Rs500 per transaction
Charges for Amortization schedule	Rs200 per schedule including service tax
Charges for account statement	Rs200 per statement including service tax
Prepayment/Foreclosure Statement Charges	Rs100 per statement including service tax
Duplicate No objection certificate Duplicate No due certificate	Rs500 per certificate including service tax Rs200 per certificate including service tax
Duplicate statement for foreclosure/repayment	Rs200 per statement including service tax

Notes:

1: Interest rates depends upon asset category, location and particular segment. Rates are subject to change any time.

2: Processing fees/origination charges are Nonrefundable.

3: This is rate is applicable to the loans acquired effective from August 1, 2009. Prior to this the rate is Rs200 per transaction + service tax.

4: Service tax rate is 12.36% applicable at the prevailing rate. Anything charged over and above this will be at the sole discretion of ICICI bank ltd.

Therefore, have a look onto these charges and apply now for ICICI personal loan with bankbazaar.com.

Bank bazaar acts as your guide throughout your loan process tenure as your right hand in helping you make a right choice for yourself.

So, Grab the opportunity and Apply now!