What it costs a month at both ends of the published range. ICICI Bank advertises a personal loan from 9.99% and can charge up to 16.50%, on a term of up to 6 years, so the instalment on the same loan moves a long way depending on where you land.
What it costs per month
On ₹5,00,000 over 5 years.
| Rate | EMI | Total interest |
|---|---|---|
| 9.99% | ₹10,621 | ₹1,37,264 |
| 16.50% | ₹12,292 | ₹2,37,536 |
Updated 17 Sep 2026 · Lender rate pages, checked individually
Principal and interest only. The processing fee — up to 2% + taxes on this product — documentation and any insurance sold alongside the loan are additional. Change the amount or the tenure in the EMI calculator to see your own figure, and read the rest of the product on the ICICI Bank personal loan page.
Which end of the range you get
Nothing on this page is an offer. An unsecured loan is priced off your file, so your credit score, your income type and your existing obligations decide whether you are quoted the 9.99% or something closer to the 16.50% ceiling. Run the sum at the top of the range before you commit to a repayment you have budgeted at the bottom of it.
How it compares
ICICI Bank is the joint cheapest of the 8 providers we track, at 9.99% alongside Axis Bank, IDFC First Bank and HDFC Bank. The lender-by-lender table is on personal loan interest rates.
Terms change without notice. Confirm the current figures with ICICI Bank before you act.
Related reading
ICICI Bank Personal Loan Fees and Charges (2026) — The Full List
The ICICI Bank personal loan processing fee as published, plus the 18% GST charged on top of it.
17 Sep 2026 · 1 min
ICICI Bank Personal Loan Interest Rate Today
What the bank advertises against the most it can charge. The gap is much wider than on a home loan.
17 Sep 2026 · 1 min