Need cash urgently? Now, get a loan of up to Rs. 20 lakhs credited to your bank account in just 3 seconds with ICICI pre-approved Personal Loan. Here’s everything you need to know.
Gone are the days when getting a Personal Loan used to be a time-consuming affair that included going to the bank, talking to bank officials, filling up long forms, doing tedious paperwork and then waiting for days to get the loan approval.
Today, a Personal Loan application can be approved instantly with no paperwork and you can get the funds credited to your account within seconds with a pre-approved Personal Loan offer. A pre-approved offer is nothing but a type of unsecured loan offered by banks and NBFCs to customers who usually hold an account with them and have a proven credit record.
Additional Reading: Everything You Need To Know About Pre-Approved Personal Loans
Here’s all you need to know about the newly-launched ICICI pre-approved Personal Loan offer.
Eligibility Criteria:
ICICI Bank salary account-holders having a decent Credit Score, good repayment record, and a substantial income are considered eligible for this pre-approved offer.
Features and Benefits:
Loan Amount: You can get a loan amount of up to Rs. 20 lakhs depending on your credit repayment history.
Flexible Repayment: You can choose a flexible tenure ranging from 24 months to 5 years to repay the loan amount.
Instant Disbursal: With a pre-approved offer, your loan is processed quickly and the loan amount is credited in your account within three seconds.
Documents Required:
As the bank usually provides these pre-approved offers to their existing customers, the process is hassle-free with little to no documentation.
Steps to apply for ICICI pre-approved loan on BankBazaar:
Step 1: Log on to the BankBazaar website. Select the ‘ICICI Pre-Approved offer’ from the list of offers displayed.
Step 2: Next, you need to fill a short application form with basic details like name, email ID, etc.
Step 3: Complete the application form, accept the terms and conditions, and then click ‘Submit’.
Step 4: Now, a confirmation screen with the loan details like loan amount, rate of interest, processing fee, etc. will be displayed. Click ‘Continue to Bank Website’ to proceed.
Step 5: You will now be redirected to ICICI Bank net banking website. Login with your net banking credentials to authorize the transaction.
Once the transaction is successful, you will be redirected back to the BankBazaar website and the loan amount will be disbursed instantly in your bank account.
That’s it – go ahead and check your eligibility right away!