ICICI offers personal loans up to Rs. 25 Lakhs online at interest rates ranging from 10.50% to 19% p.a.a and repayment tenure of 1 to 6 years. The loan can be used for all legitimate financial purposes, including, travel, wedding, functions, medical needs, gadget purchase, education, and so on. If you have availed of ICICI Personal Loan, you can make ICICI personal loan payment through multiple online and offline modes.
If you want to make the ICICI Bank loan payment before the tenure ends, there is good news for you. ICICI Bank allows pre-closure of personal loan at nominal prepayment charges.
Additional Info: Know How to open ICICI PPF Account.
You can make your ICICI Bank loan payment online through any of the following ways:
Click to Pay-Loans Payments (Using Net Banking): You can easily make ICICI Bank online loan payment with the internet banking facility of any Non-ICICI Bank Savings Account through ICICI 'Click to Pay' facility available on its official website. Here are the steps to use this facility:
Click to Pay-Loans Payments (Using Debit Card): You can make ICICI personal loan EMI payment through your Debit Card using this facility with the following easy simple steps:
Scan & Pay: You can scan QR code via any UPI enabled banking app or BHIM app to pay your ICICI Bank personal loan. For ICICI loan payment online UPI is one of the easiest and fastest modes.
Same methods can also be used for ICICI Bank gold loan payment.
You can also choose the following offline modes for ICICI personal loan repayment:
If you have surplus funds, you can opt for pre-closure of your ICICI personal loan. The bank does not offer ICICI personal loan partial payment as of now. The charges applicable for pre-closure are as follows:
Additional Info: The PayLater ICICI Bank is an instant digital credit limit for online shopping.
Following are the steps for ICICI Bank personal loan prepayment process:
Now get Navi personal loan of Rs. 10,000 to Rs. 20 Lakhs at lowest interest rate starting from just 9.99% per annum. Repay in easy instalments of 3 to 72 months. The processing fee ranges from 2.5% to 6% of the sanctioned limit + GST.
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Currently, you cannot close ICICI Bank personal loans online. The loan pre-closure is allowed only through bank visit as of now.
ICICI Bank personal loan EMI payment can be done through net banking with the following steps:
If there is any delay in ICICI Bank personal loan online payment, you will have to pay additional interest on late payment of 24% per annum.
No. Currently, ICICI Bank does not offer partial payment of personal loans.
If you have surplus funds, it is good to pre close personal loans to save on interest cost. However, make sure you calculate your savings after deducting the pre-closure charges from the same for a fair idea on how much you can save.