Personal Loan In This Pandemic


Steps To Apply For A Personal Loan Online : - 

Following are the simple steps that you need to follow if you want to apply for a personal loan online : - 

  • There will be a form present online on the website of the bank. You need to fill that form with all the personal details, financial details and the employment details.

  • After filling out the form, you need to check the amount of loan that you want and the tenure that you require.

  • Check the different loans present on the website and there will be different interest rates. You can calculate the EMIs that you will need to pay by using a Personal EMI Loan Calculator

  • After that, you have to upload the required documents that are mentioned on the website of the bank.

  • After uploading the required documents, the representative of the bank will get in touch with you.

  • After this, your details whether personal or financial or employment all are checked by the bank and verification is done.

  • Once the verification is done, you will finally get the loan issued and the amount will be transferred to your bank account within 24 hours after the approval.


The following are the features of ICICI Personal Loan: - 

  • Quick loan disbursal: - The ICICI bank promises to credit the amount of loan in your bank account within a period as short as 3 seconds, once your loan is approved and verification is done. 

  • Loan amount: - The ICICI bank provides personal loans upto the amount of Rs. 25 lakh and that too with flexible end-use. One just needs to apply for the personal loan online or one can also visit the nearby branch of the bank to get the application of their loan processed. 

  • Fixed interest rates: - The interest rates determine that which loan is suitable for you. The ICICI personal loan interest rates start from 10.50%.

  • Minimal documentation: - Whole of the process of applying the loan is hassle free and minimal documentation is required. The whole process is all easy and convenient for the customers who want to apply for the personal loan in ICICI bank.

  • Flexible loan tenure: - The time period or the tenure of the loan ranges from 12 months to 60 months. Also, the customers have the advantage of choosing the loan tenure according to their feasibility.

  • Personal loan balance transfer: - There is one such more advantage of appying for personal loan in ICICI bank that, by opting for personal loan bank transfer, anyone can reduce their EMIs by transferring their high interest rates that are existing on the personal loan to ICICI bank at a lower rate.


As we all know, COVID-19 pandemic is still prevailing all over the world. It has really arose a lot of financial problems to each and every person. In this era, if you are planning to get a new home or renovating your home or a marriage, personal loans are the best option for you. You can get the amount by filling a form and after the verification of the documents, you will finally be able to get what you want. The amount of loan will be finally credit to your bank account.

ICICI bank offers different kinds of personal loans: - 

  1. Wedding loan - the application process is simple and one can avail the amount upto Rs. 25 lakh. Also, no security or collateral is required.

  2. Home Renovation Loan - the interest rates for the home renovation loan starts from 10.50% per annum and the amount of loan gets credited to the bank account within 72 hours, after the verification of the details.

  3. Holiday loan - the interest rates for the holiday loan starts from 10.50%. The whole process is simple and minimal documentation is required. There is also quick processing.

  4. NRI personal loan - the loan applicant in this, needs to be a resident of India and the co-applicant needs to be a close relative (NRI). The NRI personal loans are upto Rs. 10 lakh with flexible use. The interest rates start from 15.49% per annum.