ICICI Bank Logo ICICI Bank Logo

Get a ₹15 Lakh Personal Loan

 

A ₹15 lakh Personal Loan can support major life goals and urgent needs, whether you are planning a wedding, arranging funds for medical emergencies, renovating your home, financing education abroad or taking an international vacation. With ICICI Bank, you get quick approval, flexible repayment options and minimal documentation, helping you access funds exactly when you need them.

 

 

APPLY NOW   PERSONAL LOAN INTEREST RATES

How to Apply

Tips to get a Rs. 15 lakh loan easily
  • Maintain a high credit score
  • Reduce your DTI ratio by paying your outstanding balances
  • Use Credit Cards responsibly to minimise your credit utilisation ratio
  • Pay your loan EMIs and Credit Card bills (if any) on time
  • Build professional stability to attract the best loan offers.

Eligibility Criteria

To qualify for an online personal loan, applicants must meet the following criteria:

  • Profession: Salaried individuals, self-employed professionals and non-professionals
  • Age: 20 years to 58 years for salaried individuals, 28 years to 65 years for self-employed professionals and 25 years to 65 years> for doctors
  • Income: Minimum Rs. 30,000 for salaried individuals, minimum turnover of Rs. 15 lakh for self-employed professionals and turnover of at least Rs. 40 lakh for non-professionals
  • Experience: At least two years of job experience for salaried applicants, at least five years for business owners and at least three years for doctors
  • Duration of stay at the current residence: At least one year
  • Minimum profit: At least Rs. 2 lakh for self-employed individuals and proprietorship firms and Rs. 1 lakh for non-professionals, after tax.

FAQs

What are the eligibility criteria for a ₹15 lakh Personal Loan?

You must be a salaried individual, self-employed professional or business owner. Age, income, experience and credit score requirements must be met, as specified by ICICI Bank.

What are the interest rates and tenure options?

Interest rates change as per bank’s policy. Click here for the updated interest rates. Tenure ranges from 12 to 72 months depending on your repayment capacity.

What documents are required to apply?

Identity proof, address proof, bank statements, salary slips and audited financials (for self-employed individuals). Additional documents like office address proof or business continuity proof may be required.

How do EMIs work for a ₹15 lakh loan?

EMIs depend on your interest rate and tenure. Longer tenures reduce monthly EMI but increase total interest payable. For example, at 10.75% interest rate per annum:

  • 60 months EMI: ₹32,3

  • 72 months EMI: ₹28,245

How can I increase my chances of loan approval?

Maintain a good credit score, lower your debt-to-income ratio, pay bills on time and ensure stable employment or business continuity.

VIEW ALL FAQ’S

Disclaimer

PROCEED