• Home Page
  • Icici Bank Personal Loan Case Study

Icici Bank Personal Loan Case Study

Great Essays
Show More
ICICI Bank Personal Loan

ICICI Bank Personal Loan Details
Interest Rate Processing Fees Loan Tenure Loan Amount Part Payment Charges Foreclosure Charges
11.49% to 18.49%
Fixed 2.5% or ( min 1149)
One Time Fee 1 -5 Years Up to Rs.20 Lack Nil 5% of the Principle Outstanding

About ICICI Bank Personal Loan
ICICI Bank is one of the largest Private Sector Banks in India and is also one of the largest facilitators of Personal Loans in India. ICICI Bank provides Personal Loan to its customer for any immediate financial requirement. ICICI Bank understands that the customer time is extremely valuable. Hence, they ensure that loan processing takes place in an expedited time frame. ICICI Bank provides Personal Loan to its customer individual needs …show more content…
 Salaried Individuals can get Loan of Rs.15 Lack and Professionals like doctors can get of up Rs.40 Lack.
 The interest rate of ICICI Bank personal Loan starts from as low as 13.99%.
 Customers can request for Personal Loan through Online.
 ICICI Bank offers lowest prepayment charges for all Personal Loan.
ICICI Bank Personal Loan Advantages
 Getting a Personal Loan from ICICI Bank is not difficult task.
 You can request a Personal Loan through online in ICICI Bank.
 Processing fees is very less in ICICI Bank as compared to other Banks.
 Customer can avail Personal Loan for immediate needs and requirements.
 Salaried Individuals can get Loan of Rs.15 Lack and Professionals like doctors can get of up Rs.40 Lack.
 ICICI Bank offers lowest prepayment charges for all Personal Loan.
Type of Credit Facility
Personal Loan Maximum Interest Rate Minimum Interest Rate
For Women (Any Loan Amount) 22% 11.47%
ICICI Bank Personal Loan Interest Rate

CTA: APPLY

Related Documents

  • Improved Essays

    Persuasive Essay On Payday Loans
    • 646 Words
    • 3 Pages

    Persuasive Essay On Payday Loans

    Well, you can certainly come up with a clever scheme of robbing the local bank, but it would be much safer for you to look for ways of getting one of the numerous cheap payday loans. Payday loans are cash advances that are given for a relatively short-term, from one to two weeks. These loans are usually quite small, from $100 up…

    • 646 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Summerland's Unsecured Personal Loans: A Case Study
    • 674 Words
    • 3 Pages

    Summerland's Unsecured Personal Loans: A Case Study

    It has an advertised interest rate of 5.99%, but as this is a variable loan, the rate can differ from market influence. G&C's interest rate can climb up to 16.99%, this a substantial increase of 11%. Although the bank only charges $150 in extra costs for an application fee, the lowest compared to Community First Credit Union and Summerland's unsecured personal loans. Additionally, the bank has a minimum lending amount of $1000 and no maximum which caters to my friend's needs. The bank allows has no minimum in regards to the length of the term, but a 7 years maximum.…

    • 674 Words
    • 3 Pages
    Improved Essays
    Read More
  • Decent Essays

    Machakos Country Bus
    • 683 Words
    • 3 Pages

    Machakos Country Bus

    If you frequent Machakos Country bus, I am sure you have seen these guys who sell boiled eggs and smokies on wheeled carts. This business involves buying eggs and smokies for sale to customers after boiling and frying respectively. This is done using mobile carts that are either pushed or pulled around the area of operation. Now you are on your way to setting up this business.... here is the juice part!…

    • 683 Words
    • 3 Pages
    Decent Essays
    Read More
  • Improved Essays

    Buy Earned Rac Case Study
    • 657 Words
    • 3 Pages

    Buy Earned Rac Case Study

    They comprehend the procedure and have associations with loan specialists to complete things rapidly 20 - 45 days. The truth will surface eventually on the phase of business, exchange lines . Do you home work, look the web solicit parcels from inquiries, like who you are working with, meet with them if conceivable, they will be a stretched out accomplice for quite a long time to come. On the off chance that this is the first occasion when you have considered an ELOC - Equity lines of Credit the average first round is 200,000 to 300,000 money lines of credit not business credit exchange lines.…

    • 657 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Persuasive Essay On Success Before College
    • 1590 Words
    • 7 Pages

    Persuasive Essay On Success Before College

    For most high school graduates there are two options. Go to college or join the workforce. Finances play a giant role on which option a graduate will choose. If college is chosen, how is it going to be paid for? Not every student will have the money necessary to pay for college, so then it is either a student loan or financial aid.…

    • 1590 Words
    • 7 Pages
    Improved Essays
    Read More
  • Improved Essays

    Check Advance Loans
    • 500 Words
    • 2 Pages

    Check Advance Loans

    These loans are usually for small amounts, ranging from fifty to a couple thousand dollars. Another…

    • 500 Words
    • 2 Pages
    Improved Essays
    Read More
  • Improved Essays

    Bad Credit Business Loans
    • 526 Words
    • 3 Pages

    Bad Credit Business Loans

    Welcome to Bad Credit Business Loans! We are the easiest and fastest way for any business owner who needs affordable and fast unsecured business loans for bad credit and good credit. We will connect you to the perfect lender for your situation. Your business has to be an 'established' business (at least a few months old) and when searching to borrow the much-needed money your business needs, we know the exact lenders who totally want to lend and assist you with your business. There are so many hassles and costs when trying to work with a local banking institution.…

    • 526 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Pros And Cons Of Student Loans
    • 225 Words
    • 1 Pages

    Pros And Cons Of Student Loans

    The student loan is increasing year after year. More and more, the incentive to get an education is highly recommended in order for an individual to have a stable position and to be financially sound. The student loan market has also bloomed, therefore, it encouraged numerous private lenders to compete for business with the government. Similar to the mortgage market, expert loan agents are making and educating themselves about student loan markets. They too understand that the cost of educations brings increase in student loan, which ultimately become a profit in their pockets.…

    • 225 Words
    • 1 Pages
    Improved Essays
    Read More
  • Improved Essays

    Credit Score Vs Home Loan
    • 681 Words
    • 3 Pages

    Credit Score Vs Home Loan

    If you are wanting to buy a home but have bad credit, you have probably dismissed the idea thinking that because of your credit it's not in the cards. However, the good news is that nothing could be further from the truth! So sit down, relax, and buckle up because this is just the beginning of your home buying journey and it's going to be an exciting one! Credit Score Break Down Lenders put a lot of weight on your credit score when looking at your home loan application.…

    • 681 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Cheap Personal Loans Research Paper
    • 488 Words
    • 2 Pages

    Cheap Personal Loans Research Paper

    You can also check out the various deals online, to get better information. At the end of the day, cheap personal loans is not an easy thing to be offered to you on a plate. It all depends on what you are looking for and how you will use the…

    • 488 Words
    • 2 Pages
    Improved Essays
    Read More
  • Improved Essays

    Essay On Student Debt Relief
    • 458 Words
    • 2 Pages

    Essay On Student Debt Relief

    For most Americans, student loan debt relief may seem like a dream. Paying back student loans is becoming extremely hard, particularly in this economic downturn. Even though it is nearly impossible to eliminate these loan obligations, even if the bankruptcy route is considered, there are realistic steps that individuals could take to be able to pay off debts without acquiring more financial obligations. Perhaps one of the best ways to get student loan debt relief when you are struggling with a huge debt is to get in touch with your bank. Banking institutions might generally provide a forbearance or deferment during a single phone call.…

    • 458 Words
    • 2 Pages
    Improved Essays
    Read More
  • Improved Essays

    Government Intervention In Higher Education
    • 1218 Words
    • 5 Pages

    Government Intervention In Higher Education

    The goal of the GSL is to offer an access to higher education to students who can’t afford the tuition with their current financial situation. Since one’s future ability to pay is speculative without much credit history to consult with, the risks are more difficult to measure. Private lenders might demand a higher interest rate to compensate for the uncertainty since they can’t objectively see the social benefit of this program. The optimal level of the amount of loans provided and a reasonably low interest rate associated are difficult to achieve without the intervention of the government. Another reason for government intervention is the liquidity constraint.…

    • 1218 Words
    • 5 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Importance Of Federal Student Loans
    • 211 Words
    • 1 Pages

    The Importance Of Federal Student Loans

    Most faculty college students during the U . s . qualify for federal student loans. Students can borrow the same number of money, in the exact selling price, irrespective of their individual earnings or their parents' incomes, irrespective in their anticipated foreseeable future profits, and no matter in their credit score record.…

    • 211 Words
    • 1 Pages
    Improved Essays
    Read More
  • Improved Essays

    Exemplification Essay: Two Types Of Personal Loans
    • 513 Words
    • 3 Pages

    Exemplification Essay: Two Types Of Personal Loans

    Personal loans are easy to obtain. They can be used for a variety of financial needs. However, the worst of your credit is the hardest time you get a personal loan at decent prices. There are two types of personal loans, secured and unsecured. Unsecured personal loans no collateral to get the loan.…

    • 513 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    PESTLE Analysis: Pestle Analysis Of The Life Insurance Industry
    • 1058 Words
    • 5 Pages

    PESTLE Analysis: Pestle Analysis Of The Life Insurance Industry

    Increase in FDI limit attracts foreign investors and provide fund for penetrate in market. Insurance companies need capital to expand and penetrate their business, now IRDA approved initial public offer (IPO) to raise capital from Indian market, and it may lead to life insurance industry (Ernst & Young, 2010). Customers have to pay 10.3 percent tax on insurance premium including investment components of traditional…

    • 1058 Words
    • 5 Pages
    Improved Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings