ICICI Bank Business Loan Rates and Charges
ICICI Bank Business Loan | Interest Rate |
---|---|
Interest Rate | 16.50% |
Tenure | From 12 months to 36 months |
Processing Fee | Starting from 0.99%, Up to 2% |
Loan Amount | Min ₹ 1 Lakh and Max ₹ 40 Lakh |
Lowest EMI per lakh | ₹ 3,540 |
Part Prepayment Charges | Not Allowed |
Early Foreclosure Charges | Allowed after 6 EMI's, 5% |
ICICI Bank Business Loan?
ICICI Bank offers loan to self employed and businessmen for financing the expansion or working capital requirements of their business. There are some benefits of taking loan from ICICI Bank:
- Overdraft facility available
- No collateral or guarantor required
- Wide range of branches in India
- Fast loan processing
- Loan for professionals and businessman
- You can foreclose your entire Business loan anytime after paying 6 EMI’s at foreclosure charges – 5%
- ICICI Bank has been rated 3.5/5.0 by customers for its service quality on MyLoanCare
- ICICI Bank has over 2,660 branches in India where you can avail service
Connect With Us
EMI CALCULATOR
12
Years of
Advisory Experience
Basic Eligibility Criteria
Good Credit Score
Above 21 years of Age
Salaried professional
Resident of India
Valid Bank Account
PAN Card and Voter ID Card/Driving License
Bank Statements for the last three months
Salary Slip for last three months
OUR
PARTNERS
OUR PARTNERS
LOAN PROCESS
feedback
What our clients say
All the services provided by eMax at the time of applying for a loan against property were fantastic. Be its quick turnaround time, fast processing, excellent guidance, etc. The entire… process was very easy as compared to other lending institutions. After experiencing quality services, I will suggest eMaxloans to everyone when it comes to loans and assistance. Read more “1”
The team of professionals that I interacted with during my loan application at eMaxloans had superb product knowledge and were very considerate of clarifying all my confusions and doubts instead… of hurrying up the procedure with vague promises as others in the industries generally, tend to do. All thanks to their timely assistance and advice that I was able to get rid of all my financial woes without much aches. Read more “2”
I sincerely appreciate all the efficiency and efficacy with which the team of financial experts at eMaxloans handled my case. From start to the very end, my loan application went… fast and smooth at every step with loan amounts being sanctioned to me well on time. Read more “3”
I would like to thanks the entire team of eMaxloans for the wonderful service experience accorded to me during my loan application procedures. I am incredibly pleased with the quick… responsiveness and professionalism with which my case was handled. I would like to collaborate with the company for such requirements even in the future. Read more “4”
Hiccups are part of every business and when they get linked to the crunching finances, finding a quick resolve becomes a necessity. There was a time when our organisation was… also stuck with some sudden fiscal crisis, but thankfully the quick turn-around time and high-end service quality of eMaxloans’s finance experts saved our day with an ideal business loan that fulfilled all our needs quite effectively and efficiently. Read more “5”
I got the credit for my loan amount as requested for within the time promised by the team. Kudos to Avdesh and his entire team off financial experts at eMaxloans… for diligently getting our loan application processed in such quick time. Read more “6”