ICICI Bank Personal Loan Balance Transfer ( Updated On )
Interest Rates
11.29 % - 14.49%
Customer Rating
Processing Fees
4999 - 1.25%
Pre Closing Charges
0%-5%
Max Amt Eligible
No Limit
Loan Count
No Limit
Minimum Salary
17500
Maximum Amount
No Limit
Part Payment
NA Expect Infosys
Topup Elegible
Max loan amount 50L
Enjoy Great Saving with Balance Transfer Personal Loan*
ICICI Bank Offers you better benefits even if you are a first time customer. The loan amount can be used to meet your financial needs and It is popular for providing best services to the customer.
Personal Loan Balance Transfer can. Reduce the Rate of interest on your Existing personal loan. for example, if the running interest rate is 14% and already paid six-month EMI so you can transfer the personal loan to another bank for less interest rate up to 11.29%. However, it differs from bank to bank.
You can avail top-up Personal loan with Same interest rate on your Existing Loan with New Bank
Balance transfer reduces tenure on the existing personal loan. for example, the Personal loan tenure of five years can be reduced as much as possible after transferring the personal loan from one bank to the other.
Transfer of Personal Loan Can increase. your personal loan eligibility, for example, let's assume, currently, you are running the personal loan of 10 lakhs for 5 years and you have already paid 4 years, approximately your principal amount will be 1 lakh and you have applied for one more personal loan. If you are facing any eligibility issues, you can increase the eligibility by doing the balance transfer.
Combine all Personal Loans into single EMI by merging multiple personal loans into one by doing the personal loan balance transfer.