With the help of ICICI Bank balance transfer, you can reduce the burden of your existing loan. It also helps to reduce your EMI by transferring the existing personal loan with ICICI Bank. It also avails extra funds for our requirements at a lower interest rate with additional benefits. To check eligibility criteria ICICI Bank Personal Loan offers an attractive interest rate at 10.5% up to 19% p.a. to the applicants.
Features and Benefits of ICICI Bank Personal Loan Here is the list of features and benefits of ICICI Bank Personal Loan are listed below:
Attractive interest rates
Avail top-up loan facility
Get hassle-free transfer with minimal documentation
Increased tenure
ICICI Bank Personal Loan Balance Transfer Eligibility In order to transfer the remaining balance of your existing ICICI Bank Personal Loan, the applicant must fulfill a few eligibility checks which are listed below:
Age Limit: The applicant must have a minimum age limit of 23 years and a maximum age limit of 58 years for salaried individuals. The applicant must have a minimum age limit of 28 years and a maximum age limit of 65 years for self-employed individuals.
Net Income: If the applicant is a salaried individual, they must have a minimum income of Rs. 17,500 per month. For residents of Mumbai and Delhi, it must be Rs. 25,000 and for residents of Hyderabad, Chennai, Bangalore, Kolkata, and Pune it must be Rs. 20,000. There should be a minimum turnover of Rs. 40 lakhs for non-professionals and Rs. 15 lakhs for professionals.
Total Experience: There should be a minimum of 2 years of experience in a job or profession for salaried individuals and a minimum of 5 years of experience in current business for self-employed persons. If the applicant is a doctor, it should be a minimum of 3 years.
Note: For more details on the ICICI Bank personal loan balance transfer, you can visit the official site of the bank. It can also be easy to reach out to the customer care executives for any specific information.
Documents Required for ICICI Bank Personal Loan Balance Transfer Given below are the few points of ICICI Bank Personal Loan Balance Transfer:
Submit recent loan statement
Last 6 months bank statement with a repayment schedule
Submit salary slip
KYC documents
Conclusion At the end of the article, it is summarized that Afinoz is providing the entire benefits for transferring the ICICI Bank personal loan. If you need to check the eligibility, interest rates, and documents requirements, visit the personal loan page of Afinoz.com or the official website of the bank.
Read More: