Personal Loan Documents

Yes, you can prepay the entire loan outstanding anytime during the loan tenure after 12 instalments, subject to payment of standard pre-closure charges of 3% + GST.

Part prepayment is allowed. For prepayment of your Personal Loan, please visit the nearest ICICI Bank branch. We request you to carry the following documents to complete the process:

• Request letter signed by the loan applicant
• PAN Card (if the mode of payment is cash and the amount is more than ₹50,000)
• Payment can be made through cash, cheque or demand draft.

For prepayment of your Personal Loan, please visit the nearest ICICI Bank Asset Servicing Branch. We request you to carry the following documents to complete the process:

• Request Letter signed by the loan applicant
• PAN Card (if the mode of payment is cash and the amount is more than ₹50,000)
• Payment can be made through cash, cheque or demand draft.

Loans are approved within 48 hours* of submission of complete documentation.

You can repay the loan in Equated Monthly Instalments (EMIs). If you have an ICICI Bank Account, you can mandate us to directly debit the same through auto debit mandate or if you have an alternate bank account, then through NACH mandate.

The documents required for a Personal Loan include identity proof, address proof and income-related documents. The list of exact Personal Loan documents may vary depending on whether the applicant is salaried or self-employed. All submissions are reviewed as part of the verification and internal assessment process.

A pre-approved Personal Loan is a loan offer extended to selected customers based on their credit profile and relationship with ICICI Bank, subject to internal eligibility criteria and verification at the time of application.

Personal Loan documents, such as identity and income, are verified automatically using existing records, Net Banking or account aggregator data. There is no need to submit physical documents for a pre-approved Personal Loan. The application is approved based on eligibility checks and ICICI Bank’s internal assessment.

The Personal Loan documentation process depends on the applicant's profile, the accuracy of submitted documents and their verification. Submitting accurate details as per the Personal Loan checklist helps avoid delays. Processing timelines are subject to internal review and compliance procedures.

Applicants are required to submit copies of KYC documents for a Personal Loan. Original documents may be requested for verification purposes. The list of required documents for verification is handled in accordance with regulatory and internal guidelines.

In some cases, additional documents may be required after sanction or before disbursement of a Personal Loan. These may include mandate setup, confirmations or other formal declarations. Any such requirement is communicated during the process, as part of the applicable Personal Loan documents list.

ICICI Bank offers pre-approved Personal Loan to eligible existing customers without any physical documentation. For applicants who are not ICICI Bank customers, the loan can be applied digitally with minimal documentation. Providing the necessary details from the Personal Loan checklist ensures a smooth process and helps in faster verification.

Proof of income required for a Personal Loan depends on the applicant's employment type. Salary slips and bank statements are considered for salaried individuals, while audited financial statements and bank records may be reviewed for self-employed applicants. These documents are evaluated along with other application details during the assessment process.