Icici Bank Personal Loan Eligibility and Documents

There are Some of Eligibility Conditions to Meet To Apply Before Personal Loan In ICICI Bank.

Eligibility Conditions are Listed Below :

FOR SALARIED PERSONS

Age: 23 years (minimun) - 58 years(Maximum)

Net Salary: Minimum monthly income Rs.17,500 (Rs.25,000 for applicants residing in Mumbai & Delhi; Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata)

 Total years Must Be in Current Job/Profession:  2 Years

 Years Must Be in Current Residence : 1 Year

FOR BUSINESS DOING PERSONS

Age: 28 years (self employed individuals) and 25 years (for doctors); Maximum age - 65 years 

Minimum Turnover: 

• Rs. 40 lakh for those who are  non-professionals; 
• Rs. 15 lac for professionals; as per audited financials 

Minimum Profit After Tax :

• Rs. 2 lac for Proprietorship Firm/Self employed Individuals and
•  Rs. 1 lac for non-professionals as per audited financials 

Business Stability : 

• At least 5 years For Normal Persons and 
•  Minimum 3 years for doctors 

Existing relationship with ICICI Bank :  Person Willing to Get Personal Loan Must Maintain Minimum 1 year Liability Relationship (Current or Savings account) or Asset Relationship (Loan) either Live or Closed in the Last 36 months; Repayment track as required.

DOCUMENTS REQUIRED FOR SALARIED PERSONS

1. Proof of Identity: Passport / Driving License / Voters ID / PAN Card (any one)
2. Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
3. Latest 3 months Bank Statement (where salary/income is credited).
4. Salary slips for last 3 months
5. 2 Passport Size photographs

DOCUMENTS REQUIRED FOR BUSINESS DOING PERSONS

1. KYC Documents : Proof of Identity; Address proof; DOB proof.
2.  Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one). 
3.  Income proof (audited financials for the last two years). 
4. Latest 6 months Bank statement. Office address proof. 
5. Proof of residence or office ownership. Proof of continuity of business.