- Multi-purpose loan
- Fixed rate of Interest, Interest charged on monthly reducing basis
- Flexible tenures up to 60 months
- No security, no collateral
- Loan payable in easy installments
- Repayment through Auto-debit / ECS / PDC
End use of the ICICI Bank Personal Loan can be House renovation, Holidays, Purchase of consumer durables, Education, Marriage, Short Term loan for equipment purchase, Short Term Working Capital, Any other personal emergency.
- Interest rate remains unchanged throughout the loan tenure
- Simple documentation - It can be accessed with minimal paperwork and documentation and doesn’t take much time.
- Direct credit of the loan amount through Fund Transfer (FT)
- Simple repayment options of ECS, AD or PDC. You can also choose duration as per your choice and tenure starts from minimum 12 months to maximum 60 months