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Service Charges and Fees for Personal Loans on Credit Card

You can avail a Personal Loan on Credit Card of up to ₹20 lakh at a lower interest rate, starting from 13% per annum and flexible tenure of up to 60 months.

The interest shall be at such a rate which has been indicated by ICICI Bank to the Card Member at the time of making the offer for the Facility. The interest calculation will start from the time the request regarding the Facility has been confirmed by the Card Member.

Goods and Services Tax (GST) will be applicable on the interest component of the EMI every month.

 

 

Details about Contingent Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Rate of annualised penal charges in case of delayed payments*

  1. Interest will be charged if the Total Amount Due is not paid by the payment due date. Interest will be charged on the Total Amount Due and on all new transactions (from the transaction date) till the time the previous outstanding amounts are paid in full. The rate of interest may be changed at the sole discretion of ICICI Bank. It ranges between 1.25% (15% p.a.) to 3.75% per month (45% p.a). GST charges will be applicable.

  1. Late Payment charges on your Card will be a function of the Total Amount Due and will be as follows:

Total Amount

Due in Rs

Late Payment

charges in Rs (GST will be applicable)

Less than 100

None

Between 100-500

₹100

Between 501-1000

₹500

Between 1001-5000

₹600

Between 5001-10000

₹750

Between 10001-25000

₹900

From 25001 - 50000

₹1,100

More than 50000

₹1,300

 

 

 

 

 

 

 

 

II

 

 

 

 

 

 

 

 

Rate of annualised other penal charges*

  1. Auto-debit return charges: The charges could be applicable in case of auto-debit failure i.e. 2% of the Total Amount Due (subject to a minimum of ₹500). GST will be applicable on the auto-debit failure fee.

  2. Over-limit Fee: The fee could be applicable in case the credit limit on the Card is breached while availing Personal Loan on Credit Card (PLCC).

2.5% of the over-limit amount (subject to a minimum of ₹550) will be levied, except for ICICI Bank's Emeralde Credit Card. GST will be applicable on the over-limit fee.

  1. Foreclosure charge: The charge applicable is up to <3%> of the outstanding principal amount. The next month’s EMI (interest as per amortisation table) would be applicable in the event of pre-closure of the loan after the cooling off period. GST would be applicable.

Charges in case of delinquency:

d) Charges incurred in filing legal suit – at actuals

e) Charges incurred in sending different notices – at actuals

f) Pick-up charge per instance – ₹500 + GST

g) Cash transaction charge per instance for repayment of EMI dues at branches – ₹100 + GST

 

 

 

III

 

Cooling off or look up period during which the borrower

shall not be charged any penalty for cancellation /

pre-payment of loan




15 days

 

*Above mentioned charges (Section XII and XIII) should be considered in line with Credit Card Most Important Terms & Conditions (MITC). Rates mentioned above are subject to revision at the sole discretion of ICICI Bank.

Bank Lending Rate Range: Q3 FY 25-26 (1st October 2025 to 31st December 2025)

Type of credit facility Max Min Mean
Personal Loan on Credit Card 16% 11%  12.49%

Notes:

 

  • The range of interest rate provided above is for individual Personal Loan on Credit Card disbursed during Q3 FY 2025-2026.
  • The mean rate of interest has been derived using weighted average interest rate of the loan portfolio for the quarter ended December 31, 2025.

 

Annual Percentage Rate:

The Annual Percentage Rate (APR) calculator is provided to compute annualised credit cost which includes interest and processing fees.

Net interest which will be displayed, will be based on inputs.

The APR does not include GST wherever applicable.

To calculate the same, please click here to download the APR calculator.

Disclaimer

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