How Do I Apply for an ICICI Personal Loan?

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How Do I Apply for an ICICI Personal Loan?
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Introduction

• Emergency or unplanned expenses can drop in at
  any time in our lives. 
• Personal loans can provide you with the fastest
  solution in such situations as these loans are
  disbursed quickly and with minimum documentation.

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ICICI Bank Personal Loan Eligibility

• ICICI bank offers personal loans up to a maximum
  of Rs 20 lakh for your diverse requirements.
• You may visit any ICICI bank branch to initiate
  your loan approval process.
• A more convenient option will be to apply online
  through efficient facilitators such as
  Afinoz.com.

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Eligibility for Salaried Individuals

• Age limit  Minimum 23 years at the time of
  application and maximum 58 years at maturity.
• Minimum Monthly Income- Rs 25000 for residents of
  Mumbai Delhi and Rs 20000 for residents of
  other 5 major cities. Rs 17500 for other
  applicants.
• Maximum loan amount-Rs 20 lakhs

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Eligibility for Self-Employed Individuals

• Age limit  Minimum 28 years at the time of
  application and maximum 65 years at maturity.
• Minimum annual turnover-Rs 40 lakhs for
  non-professionals Rs 15 lakhs for professionals
• Business Stability-Should be in the business for
  at least 5 years

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Documentation for ICICI Personal Loan

• You should apply with the proper set of documents
  to enhance your chance of getting your ICICI
  personal loan approved.

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List of Documents for Salaried Individuals

• Proof of Identity  Driving License/Passport /
  Voters ID / PAN Card (anyone)
• Proof of Residence Leave and License Agreement /
  Utility Bill (less than 3 months old) / Passport
  (anyone)
• Last 3 months Bank Statement (where
  salary/income is credited)
• Last 3 months salary slips
• 2 Passport Size photographs.

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List of Documents for Self-Employed Individuals

• KYC Documents Address proof /Proof of
  Identity/DOB proof
• Proof of Residence Leave and License Agreement /
  Utility Bill (less than 3 months old) / Passport
  (anyone)
• Income proof (last two years audited financials)
• Last 6 months Bank statement
• Office address proof
• Proof of residence/office ownership
• Proof of business continuity

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Check your ICICI Personal Loan Interest Rate

• With ICICI Bank, you can avail personal loans at
  very low-interest rates in the range of 11.25
  -17.99 per annum.
• You can take help from the personal loan EMI
  calculator at Afinoz.com to know the exact amount
  you need to pay every month towards the repayment
  of your personal loan.
• This allows you not to strain yourself
  financially and to avoid financial distress.
• Moreover, by feeding the inputs properly, you can
  even decide on an EMI amount that you can repay
  comfortably over your loan tenure.

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Thank You!!!