ICICI Personal Loan EMI Calculator

Step 2: In the next step, use the slider to determine the loan repayment tenure under 'Loan Tenure' section.

Step 3: Use the slider to determine the rate of interest or directly enter the value in the box provided.

Step 4: Enter the processing fee in the next step. The processing fee charged by the bank is 2.50% of the loan amount plus the GST.

Step 5: Once you have entered all the details, click on 'Calculate'

You will then be able to get a detailed breakdown of the total payable amount and the EMI you will have to pay. An ammortisation table will also be provided which will help you view the detailed repayment schedule.

Benefits of BankBazaar's ICICI Bank Personal Loan EMI Calculator

1. Helps you determine whether you are eligible for a personal loan or not.
2. Lets you calculate your EMI and processing fee within a minute.
3. Gives a holistic view of your repayment schedule.
4. Saves time and 100% accurate.
5. User-friendly and easy to use.

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FAQs on ICICI Personal Loan EMI Calculator

• My credit score is below 700. Will I get a personal loan from ICICI Bank?

  No, you cannot avail a personal loan from ICICI Bank if your credit score is low. The bank maintains that the customer's credit score must be at least 750 to be eligible for a personal loan the bank.

• How can I pay my ICICI Personal Loan EMI?

  You can pay your EMIs using ECS (Electronic Clearing System) or NACH (National Automated Clearing House) or ACH (Automated Clearing House) where the payable amount will be automatically deducted from your ICICI bank account. You can also pay your EMIs offline through a demand draft, cheque, or by cash.

• Do I need to pay to use the EMI calculator?

  No, the EMI calculator tool is free of cost.

• How many times can I use the personal loan BankBazaar EMI calculator?

  You can use the BankBazaar personal loan EMI calculator as many times as you want.

• Can I use the BankBazaar EMI calculator anytime I want?

  Yes, you can use the BankBazaar EMI calculator anytime, anywhere.

• My application for a personal loan was rejected by the ICICI Bank. Why?

  The reason your application for a personal loan was rejected by the ICICI Bank could be for various reasons. It can be that your credit score would be low, or you may not be meeting the required eligibility criteria.

• Can I reapply for a personal loan once it has been rejected?

  Yes, if you can improve your credit score, and you meet the eligibility criteria, you can reapply for a personal loan.

• Can I apply for ICICI Bank personal loan from their official website?

  Yes, you can apply for an ICICI Bank personal loan from their official website.