Here is a summary of ICICI Bank loan-related information based on the search results:
### 1. **Education Loan**
– **Interest Rates**: Starting from Repo Rate + 3.75% (Spread), with a range of 9.50% to 14.25% per annum for iSMART loans .
– **Loan Tenure**: Up to 10-12 years for undergraduate courses and 12-14 years for postgraduate courses .
– **Maximum Loan Amount**: Up to ₹1 crore for courses in India and ₹3 crore for courses abroad .
– **Collateral Requirements**: Fixed deposits, fresh property, or cross-collateralization with existing mortgage loans. Unsecured loans are available for premium institutes up to ₹1 crore .
– **Moratorium Period**: Course duration + up to 12 months grace period .
– **Processing Fee**: Up to 2% of the loan amount .
### 2. **Home Loan**
– **Interest Rates**: Starting from 8.75% for salaried customers, with rates varying based on credit score and loan amount .
– **Loan Tenure**: Up to 30 years .
– **Processing Fee**: 0.50% of the loan amount plus applicable taxes .
– **Special Rates**: Tailored rates based on credit score, with rates as low as 9.00% for high credit scores .
– **Fixed Rates**: Available for tenures like 24, 37, 60, and 120 months, with rates ranging from 8.90% to 12.05% .
### 3. **Personal Loan**
– **Interest Rates**: Range from 10.50% to 19.00% per annum, depending on the loan amount .
– **Loan Amount**: Up to ₹25 lakhs .
– **Processing Fee**: Up to 2.25% of the loan amount plus taxes .
– **Eligibility**: Applicants must be between 23-58 years old, have a minimum monthly income of ₹30,000, and a good credit score .
### 4. **Gold Loan**
– **Interest Rates**: Starting from 9.90% per annum .
– **Loan Amount**: Up to ₹1 crore .
– **Processing Fee**: 0.25% to 1% of the loan amount .
– **Tenure**: Up to 12 months .
### 5. **Business Loan**
– **Interest Rates**: Range from 8.50% to 16.65% depending on the type of loan (e.g., term loan, working capital loan) .
– **Loan Amount**: Up to ₹75 lakhs .
– **Processing Fee**: Up to 2% of the loan amount .
### 6. **Loan Against Property**
– **Interest Rates**: Starting from 11.35% for salaried customers .
– **Loan Amount**: Up to ₹10 crores .
– **Processing Fee**: Up to 1% of the loan amount .
### 7. **Car Loan**
– **Interest Rates**: 7.25% to 15.50% depending on new or used car loans .
– **Loan Amount**: Up to 100% of the car’s on-road price for new cars .
– **Processing Fee**: Up to ₹3,500 plus taxes .
### 8. **Two-Wheeler Loan**
– **Interest Rates**: Starting from 12.99% per annum .
– **Loan Amount**: Up to 100% of the on-road price .
### 9. **Loan Processing and Charges**
– **Common Charges**: Include CERSAI charges (₹100), administrative charges (₹5,000 or 0.25% of the loan amount), and prepayment charges (nil for floating rates, 2% for fixed rates) .
– **Penal Charges**: 5% per annum on overdue amounts .
### 10. **General Features**
– **Digital Lending**: ICICI Bank offers digital loan processing with minimal documentation and quick approvals .
– **Tax Benefits**: Education loans offer tax benefits under Section 80E of the Income Tax Act .
https://sebexam.org/Form/printhallticket
For more detailed information, you can refer to the respective ICICI Bank loan pages or contact their customer service.