Loan & Finance Tips on Your Finger Tips

An EMI is the equated monthly installment a user pays to the bank. The EMI of a personal loan depends on the loan tenure, that is the period of time the loan amount has to be paid. Any bank or NBFC decides the EMI of a personal loan by calculating the interest rate, loan amount and loan tenure. ICICI personal loan interest rate starts from 11.25% to 17.99%. The starting EMI of the personal loan is INR 2,187. How the ICICI personal loan EMI calculator works? You can easily calculate your loan EMI by using the ICICI personal loan EMI calculator . Visit the official website of ICICI bank. Go to the personal loans On the left side there is an option of personal loan EMI calculator. After that enter your desired loan amount, loan tenure and interest rate. The calculated EMI shown on the screen with the total payable interest. For example, if a person takes a personal loan of INR 1 lakh for wedding expenses or any other usage. The ICICI personal loan interest rate is 12.39% wi...

For a personal loan, you need to have a stable source of income. This helps banks trust your repayment capacity. ICICI Bank is among the most preferred banks for a personal loan . The customer service of the bank is unbeatable and widely appreciated. If you want to avail this loan, you need to match the eligibility criteria, documents checklist and minimum CIBIL score. The eligibility for ICICI personal loan Below is the eligibility criteria for a personal loan at ICICI Bank. For Salaried: The age of the applicant should be between 23-58 years The applicant’s minimum net monthly income should  be ₹17,500/- The minimum work experience required for this loan is 2 years with 1 year of experience at the current organization For Self-employed: The age of the applicant should be between 28-65 years The applicant’s minimum net annual income should  be more than ₹15 lakhs The minimum work experience required for this ...