Personal Loan Eligibility Calculator, Check Eligibility Online (2024)

ICICI Bank offers Personal Loans to salaried and self-employed individuals. You can easily check your eligibility for a Personal Loan on our website. Click here to check your eligibility. If you are an existing customer of ICICI Bank, you can also check your eligibility for a Pre-approved Personal Loan offer on the iMobile Pay app and Internet Banking.

Yes, salaried applicants can get a Personal Loan from ICICI Bank with a minimum monthly salary of Rs 30,000. However, the minimum salary required may also differ depending on the applicant’s profile - nature of employment, employer, whether the employer has any relationship with ICICI Bank and so on.

Depending on your salary, credit score and employment status, you can get a Personal Loan starting from Rs 50,000 up to Rs 50 lakh subject to ICICI Bank's internal policy. The amount is decided based on your age, income and other factors. This amount can also be increased depending on certain factors. It is best to get in touch with ICICI Bank directly to explore all your options.

ICICI Bank Personal Loans are available to salaried applicants aged between 20 years and 58 years. On the other hand, self-employed applicants must be aged between 28 years (25 years for doctors) and 65 years to be eligible for a Personal Loan from ICICI Bank.The applicants should fall within a specific age group, as this indicates a higher likelihood of having a steady income and the ability to repay over a longer period.

For salaried applicants, the Personal Loan eligibility depends on their age, net salary, years of professional experience and duration of residence at the current address. Self-employed individuals are assessed based on their age, minimum turnover, minimum profit after tax, business stability and existing relationships with ICICI Bank. These criteria collectively determine the eligibility for a Personal Loan, ensuring a thorough financial stability and credibility evaluation. Lastly, the applicant’s credit score may also be considered. Eligibility criteria can be changed according to RBI guidelines.

To increase your eligibility, focus on improving your credit score by making timely bill payments and reducing existing debts. Showcasing a consistent income or having a co-applicant with a stable income can also positively impact your eligibility.

A Personal Loan eligibility calculator is an online tool that helps individuals to be aware of the maximum eligible amount for a Personal Loan. It is calculated on a few factors like income, tenure (of the loan amount) and existing financial obligations.
Note: Individual CIBIL score might impact the maximum eligibility amount.

To use a Personal Loan eligibility calculator, enter your personal and financial details such as income, expenses, existing loans and tenure. The calculator will analyse your eligibility and estimate the loan amount you may qualify for. Based on this, an individual can apply for the loan as per the requirement.

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