Dec 1 2008

Information on ICICI Bank Personal loans

This blog post put down few key facts on ICICI Bank personal loans.

  1. Prepayment of the loan is possible after 180 days of availing the loan.
  2. Foreclosure charges as applicable would be levied on the outstanding loan.
  3. Foreclosure charges as applicable would be levied on the outstanding loan.
  4. No other fees or commitment charges are levied.
  5. Loan Processing Charges / Origination Charges2% or 3 % depending on the location of loan amount + Origination Charges of 1.5% of loan amount
  6. Prepayment Charges5% on the principal outstanding
  7. Charges for late payment2% per month
  8. Interest rates for the personal loans in ICICI Bank – 14%

http://icicibank.com/Pfsuser/loans/personalloans/plhomepage.htm


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1 Comments on this post

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  1. Kumar said:

    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.

    June 17th, 2009 at 2:56 am

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