ICICI Personal loan

ICICI  Personal loan

Introducing the ICICI Bank Personal Loan – your key to fulfilling all your financial aspirations without the need for collateral. This unsecured loan is designed to cater to your diverse needs, be it a dream vacation, renovating your home, enrolling in online courses, handling medical emergencies, or planning a memorable wedding.

With our easy online application process, you can apply for a Personal Loan of up to Rs 50 lakh, depending on your eligibility. Say goodbye to the worries of providing collateral, as this loan is specifically tailored to offer you financial support without any security requirements.

Whether it’s exploring new destinations, upgrading your living space, upskilling yourself, dealing with unexpected medical expenses, or creating lasting memories on your special day, the ICICI Bank Personal Loan is here to empower you.

Benefits and Features of a Personal Loan:

  1. No restriction on fund usage:

    You have complete freedom to use the funds as per your needs. Whether it’s paying for your child’s education, covering wedding expenses, buying something special, or going on a vacation, the choice is entirely yours. With a Personal Loan, you can borrow up to Rs 50 lakh to fulfill your goals and dreams. No restrictions, just the financial support you need, for whatever purpose you have in mind.

  2. Instant approval:

    At ICICI Bank, we want to make borrowing easy for you. Once your loan is approved, the money will be in your account within just three seconds. No stress, no waiting – we’ve got you covered!

  3. Flexible tenure:

    We give you the flexibility to choose the loan tenure; you can apply for a loan from 12 to 72 months, as per your repayment capacity.

  4. Online services:

    At ICICI Bank, applying for a Personal Loan is quick and effortless. With just a few clicks, you can complete the loan application process. Simply provide your address, select the loan amount and repayment duration you prefer, and follow a few more steps. If you have any questions or need help, you can reach out to ICICI Bank anytime, as they are available 24×7 to assist you.

  5. Minimum documents:

    a simple and easy documentation process, making it a breeze for everyone to apply.

  6. Fixed Interest:

    ICICI Bank Personal Loans have fixed interest rates, which means the interest amount remains the same throughout the entire loan period. There are no fluctuations in the interest rates; they stay constant from the beginning until the end of the loan.

Personal Loan Interest Rates:

When thinking about getting a Personal Loan in India, it’s crucial to consider the interest rates and other important factors like how quickly the loan is approved, processing charges, and additional fees.

For instance, ICICI Bank provides Personal Loans up to Rs 50 lakh with appealing interest rates and a simple documentation process. However, it’s essential to review all the rates and charges that apply and be aware of any extra fees that may be charged. To understand the total cost of the loan and make a well-informed decision, you can use the “Personal Loan EMI calculator.”

By using the calculator, you can get a clear idea of how much the loan will cost you overall, helping you make the best choice for your financial needs

Personal Loan Eligibility Criteria:

To apply for a Personal Loan, you must be

Over 21 years old and a resident of India.
Salaried individual, having a regular monthly income.
Having a good bureau score.
Having a Savings Account with any of the banks in India.


  1. Loan for Medical Emergency:

    To avoid depleting your savings, you can consider taking a loan for medical emergencies. With ICICI Bank, you have the option to get a Personal Loan specifically for medical emergencies, ensuring your savings stay protected.

  2. Loan for marriage expenses:

    Taking a loan for your wedding allows you to keep your savings safe while still having the wedding you’ve always wanted. So, go ahead and get a Personal Loan for your wedding, and make your dream wedding a reality!

  3. Home renovation:

    Turning your house into a cozy home can be a bit costly, but it’s definitely worth it. With ICICI Bank’s Personal Loans, we make it easier for you to fund your home renovation. You can take this home renovation loan in addition to your Home Loan. So, go ahead and avail a Personal Loan from ICICI Bank for renovating your home

  4. Loans for appliances and gadgets:

    With ICICI Bank’s Personal Loan, the process becomes even smoother. You can use the Personal Loan for home appliances to buy new gadgets, upgrade your home appliances, get a new freezer, and so much more. Take advantage of this opportunity to make your life more convenient and enjoyable!

  5. Loan for Travel:

    Travel experiences are truly priceless, and anyone who loves to travel would understand the joy it brings. Sometimes, the money we save may not be enough for our entire trip. That’s where a Personal Loan for travel comes in handy. It can cover any shortage of funds, so you can fully enjoy your trip without worries. Take a Personal Loan for travel and create unforgettable memories that will enrich your life.

  6. Loan for online courses:

    With a Personal Loan for online courses, you can pursue the courses you want and improve your skills. If you dream of getting a higher degree, you can make it happen with a Personal Loan for education. Take this opportunity to upgrade your skills and achieve your goals!


  1. Expert Financial Inclusion:

    Fayda Pay understands the unique needs of rural communities and offers ICICI Personal Loan services designed to empower local shop retailers and individuals with access to convenient and flexible personal loan solutions.

  2. Simple Application Process:

    With Fayda Pay, applying for an ICICI Personal Loan is hassle-free. We guide you through the process, making it quick and convenient.

  3. Wide Range of Loan Options:

    Fayda Pay provides access to a diverse range of ICICI Personal Loans, each tailored to cater to various financial needs, such as home renovation, education, medical emergencies, and more.

  4. Local Understanding:

    As a rural-focused service provider, we possess in-depth knowledge of the region’s dynamics, enabling us to cater to your specific loan requirements effectively.

  5. Competitive Interest Rates:

    Fayda Pay ensures that you get access to ICICI Personal Loans with competitive interest rates, making repayments affordable and manageable.

  6. Flexible Repayment Terms:

    We understand the varying income patterns in rural areas, and our ICICI Personal Loans come with flexible repayment terms to suit your financial capabilities.


A Personal Loan is an unsecured loan that you can use for various purposes like travel, medical emergencies, wedding expenses, home renovation, etc. It doesn’t require any collateral.

The loan amount you can get depends on your eligibility, income, credit score, and other factors. ICICI Bank offers Personal Loans up to Rs 50 lakh.

The interest rate for ICICI Personal Loan is determined based on factors like loan amount, tenure, and your creditworthiness.

ICICI Bank provides flexible repayment tenures, typically ranging from a few months to several years. You can choose a tenure that suits your repayment capacity.

The eligibility criteria include factors like age, income, employment status, credit score, and others. You need to fulfill these criteria to be eligible for a loan.

You can apply for an ICICI Personal Loan online through their official website or visit the nearest ICICI Bank branch. The online application process is easy and convenient.

Commonly required documents include identity proof, address proof, income proof, bank statements, and passport-sized photographs. Additional documents may be needed based on the bank’s policies.