ICICI Bank Personal Loan Apply Online Benefits

icici personal loan

ICICI Bank offers personal loans to meet your financial needs. The loan can be borrowed anytime whether to cover the shortage of funds for college admission, marriage preparations or anything else. And the advantage of borrowing a personal loan from ICICI Bank is that it provides you with an online application service. You can do ICICI Bank Personal Loan Apply Online anytime from anywhere using your laptop or smartphone. No bank visits are required when you apply online on the official website of ICICI Bank. For more information on this, continue reading the page below.

What’s the difference between ICICI Bank Personal Loan Apply Online & Offline?

ICICI Bank’s online services allow a customer to borrow a personal loan without any branch visit. Just visit the official website of the bank, go to the ‘Personal Loan’ section and check the loan details. On the bank’s website, you can get all the details on view without any hassle. 

To apply online, you need to click the ‘Get a Personal Loan Now’ button. When you do so, you’ll be redirected to the online application page. There you’ll need to fill in the following details –

  • State or city you live in
  • Date of birth
  • First name, last name, mobile number
  • Relationship with the bank -salaried, savings current, car loan, personal loan, home loan, credit card, two-wheeler loan, term deposit, loan against securities, Demat
  • If you don’t have an existing relationship with ICICI Bank, select ‘no existing relationship from the dropdown.
  • Select type of employment – salaried, self-employed business, self-employed professional, salaried doctor
  • Tick the terms and conditions box
  • Go to ‘Check Eligibility’ 

When you do so, the loan offer will appear on your screen. Select any one of them to proceed with the application and complete it by uploading the documents.

If you visit the bank branch for an offline application, you need to take the required documents along with you plus two coloured passport size photographs. Tell the bank representative to hand you an application form wherein you need to mention personal and banking details. Subsequently, attach the documents and photographs and submit the form.

Once your form is submitted, the bank will notify you about the loan request approval/rejection via email or SMS. 

Documents Required For both ICICI Bank Personal Loan Apply Online and Offline Processes 

You’re required to submit the below documents to get ICICI Bank Personal Loan. You should know the documents are mandatory in both online and offline applications unless you have a pre-approved offer. Check out the list of documents below –

For Salaried Applicants

  • Proof of applicant’s identity such as – Passport, Driving License, Voters ID, PAN Card (any one from these)
  • Proof of residence like leave and license agreement or utility bill which is not more than three months old, Passport copy (any one from the available options).
  • Latest three months’ bank statement of the account where your monthly salary or income credits.
  • Salary slips for the last three months.
  • Two passport-size photographs.

For Self-employed Borrowers

  • KYC documents such as Aadhaar cards, PAN card, Passport copy or driving license
  • Leave and license agreement or utility bill to prove your residency. The utility bill should not be more than three months old. You can use a Passport copy as well as residence proof.
  • Income proof audited for the last two financial years
  • Latest six-month bank statement
  • Office address proof such as ownership documents of the property or lease
  • Proof of business continuity

Note – ICICI Bank can call you for additional documents if required.

So, as you can see from above, ICICI Bank Personal Loan Apply Online saves you from the hassles of going back and forth between home and bank branch. If you need a lump sum amount, visit the official website of the ICICI Bank and also check ICICI Bank personal loan interest rate, submit the loan application instantly. 

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