100% Free · Instant Results

ICICI Bank Personal Loan EMI for ₹5 Lakh

Monthly EMI: ₹16,310 at 10.75% for 3 years. Total interest: ₹87,160.

1
Loan Details
%
2
EMI Breakdown
Monthly EMI
-
Total Interest
-
Total Payment
-
Total
-
Principal Amount
-
-
Total Interest
-
-
Amortization Schedule
YearPrincipalInterestBalance

ICICI Bank Personal Loan for ₹5 Lakh — Key Details

Interest Rate
10.75 - 19.00% p.a.
Max Tenure
5 Years
Processing Fee
Up to 2.50% of loan amount
Prepayment Charges
5% of outstanding

With a ₹5 Lakh personal loan from ICICI Bank at 10.75% for 3 years, you will pay a monthly EMI of ₹16,310. The total amount payable is ₹5,87,160, of which ₹87,160 is interest.

Frequently Asked Questions

What is ICICI Bank Personal Loan EMI for ₹5 Lakh?

At 10.75% interest rate for 3 years, the EMI for ₹5 Lakh Personal Loan from ICICI Bank is ₹16,310 per month. Total interest payable: ₹87,160.

What is ICICI Bank Personal Loan interest rate for ₹5 Lakh?

ICICI Bank offers Personal Loan at 10.75 - 19.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹5 Lakh Personal Loan from ICICI Bank?

For ₹5 Lakh at 10.75% for 3 years, you would pay approximately ₹87,160 as total interest, making the total repayment ₹5,87,160.

Can I prepay my ICICI Bank Personal Loan of ₹5 Lakh?

ICICI Bank's prepayment policy for Personal Loan: 5% of outstanding. Making prepayments can significantly reduce your total interest outgo.

Is ₹5 Lakh Personal Loan from ICICI Bank a good option?

ICICI Bank offers competitive rates starting from 10.75 - 19.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹5 Lakh personal loan.