ICICI Bank is a private bank. This is what its personal loan costs to take out, as published — before you get to the interest.
Fees
| Charge | As published |
|---|---|
| Processing fee | Up to 2% + taxes |
Updated 17 Sep 2026 · Lender rate pages, checked individually
Where a fee is quoted exclusive of tax, add 18% GST to get what you actually pay. Legal and technical valuation charges, CERSAI registration and any bundled insurance sit outside the processing fee and are quoted separately at sanction.
What the fee does to the cost
A processing fee quoted as “up to 2% + taxes” is charged on the sanctioned amount and usually deducted from the disbursal, so you pay interest on money you never received. That makes the headline rate an understatement of what the loan costs in year one, and it is the reason a slightly higher rate with no fee can be the cheaper deal. Compare the whole picture at best personal loans rather than on rate alone.
Foreclosure and part-payment charges are a separate schedule again, and they decide what an early exit costs — loan foreclosure and charges sets out how those are levied.
Whether you qualify at the advertised rate
The advertised rate is the floor of a band, and the fee is quoted as a ceiling. Both move with your bureau score and your obligations-to-income ratio. Personal loan eligibility explains what lenders test, and the FOIR calculator works out the ratio they use.
How it compares
ICICI Bank is joint cheapest of the 8 personal loan providers we track, at 9.99% alongside Axis Bank, IDFC First Bank and HDFC Bank. The full table is at personal loan interest rates.
Terms change without notice. Confirm the current figures with ICICI Bank before you act.
Related reading
ICICI Bank Personal Loan EMI Calculator
What an ICICI Bank personal loan costs a month at both ends of the published range.
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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.
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