Get an instant loan on a credit card from reputed lender ICICI Bank. Credit card holders of ICICI Bank may get up to Rs. 20 lakh loan. The ICICI Bank instant loan on a credit card is available at a 14.99% interest rate. The fund will be credited instantly within 48 hours.
Instant Loan on Credit Card ICICI Bank
| Loan Amount | Up to Rs. 20 lakh |
| Rate of Interest | 14.99% to 15.99% p.a. |
| Duration | Up to 60 months |
| Eligible for | ICICI Bank credit card holders |
| Processing Fee | 1% of approval loan amount + Taxes |
Features and Benefits of ICICI Credit Card Loan
Instant Loan Approval: The process of taking an instant loan on an ICICI Bank credit card is fast. The ICICI Bank credit card holders get hassle-free loans within 48 hours.
Loan Flexibility: The cardholders get the loan based on the credit card limit. You may choose a loan amount that suits your needs.
No Documentation: Borrow ICICI credit card personal loan without documents hassle. ICICI Bank does not take a single document like income proof, residence proof, bank statements, or other documents to borrow this loan.
Affordable Interest: Repay the instant loan on a credit card at competitive interest. The attractive interest rate is 14.99% to 15.99% p.a. Get a 12.99% rate for 3 month’s tenure which is a lower rate.
Convenient Repayment: Repayment of your credit card loan with easy installment. Choose various repayment options for up to 5 years which is convenient for a borrower.
Types of ICICI Bank Credit Card Loan
Borrow different types of loans on ICICI Bank credit cards. The below list you should know about:
Personal Loan on Credit Card
- Borrow up to Rs. 20 lakh loan
- Attractive interest rate 14.99% to 15.99% p.a.
- Get flexible Loan tenure of up to 5 years
EMI on Call
- Access flexible tenure of 3 to 24 months
- EMI facility available for ICICI Credit Card users
- The interest rate is 1.33% per month
Instant EMI
- 250+ brands available for instant EMI facility
- Available 12.99% rate for 3 months EMI
- Get a 13.99% rate for 6,9 and 12 months of EMI
- Get a 14.99% rate for 18 to 24 months EMI
Balance Transfer
- Instant balance transfer available of minimum Rs. 15,000 Outstanding
- Balance transfer amounts up to 3 lakh are available
- Repayment term 3 to 6 months
Also Read: Personal Loan Against Credit Card
Requirement Eligibility
Take an instant loan on an ICICI Bank credit card available with the required eligibility:
- Only ICICI Bank credit card holders are eligible for loans.
- Credit card payments must be on time
- CIBIL score should be good
ICICI Bank Credit Card Loan Interest Rate
| Interest Rate for 3 months Loan | 12.99% p.a. |
| Interest Rate for 6,9 and 12 months Loan | 13.99% p.a. |
| Interest Rate for 18 to12 months Loan | 14.99% p.a. |
How to Check ICICI Credit Card Loan
Through Net Banking
1. Log in through your net banking.
2. Go to the credit card section
3. Check your loan eligibility
4. If eligible, transfer your loan amount to an ICICI bank account or make NEFT to another bank account.
Through iMobile App
1. Log in to the iMobile application with your ID and Password.
2. Go to the “Credit Card” option through the “Card” section.
3. Check your loan or EMI eligibility
4. Select your EMI tenure and submit.
FAQs
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When I get an ICICI Bank Credit Card loan?
The ICICI Bank credit card holder gets the loan amount within 2 days.
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How much interest rate is applicable for an ICICI Credit Card loan?
The interest rates of 14.99% to 15.99% are applicable for ICICI Bank credit card loans.
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What are the eligibility criteria required for ICICI Credit Card Loan?
You must be an ICICI Bank credit card holder with an on-time credit card bill payment track.