This blog post put down few key facts on ICICI Bank personal loans.
- Prepayment of the loan is possible after 180 days of availing the loan.
- Foreclosure charges as applicable would be levied on the outstanding loan.
- Foreclosure charges as applicable would be levied on the outstanding loan.
- No other fees or commitment charges are levied.
- Loan Processing Charges / Origination Charges – 2% or 3 % depending on the location of loan amount + Origination Charges of 1.5% of loan amount
- Prepayment Charges – 5% on the principal outstanding
- Charges for late payment – 2% per month
- Interest rates for the personal loans in ICICI Bank – 14%
http://icicibank.com/Pfsuser/loans/personalloans/plhomepage.htm
June 17, 2009 at 2:56 am
I am having perosnal loan in ICICI Bank. For the past 10 months I made a payment regularly.
Last we I made a request to foreclose my personal loan. But I am not able to arrange the fund.
NO I want to Cancel that request and willing to pay as EMI.
How can I cancel that request.