ICICI Bank allows a broad type of loans and funds that suit the requirements of the user and every other individual. ICICI Bank Personal Loans are secure to get and provides minimum documentation to the applicant across the country. The loan amount goes up to INR 20 lakh. To avail for ICICI bank personal loan, the applicant can choose Rupee Station for this purpose. Rupee Station is an online loaning website which helps each customer with the loan process without compromising with the time and money of an individual. Now the question is why to choose ICICI Personal loan and that too from Rupee Station. To eradicate the dilemma here are some of the reasons:
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Why choose ICICI bank for Personal Loan?
The motives why an individual can opt for ICICI Bank Personal Loan are here mentioned below; these points might help the applicant to compare the benefits with the other loan providers.
- No hidden charges.
- Fast loan processing.
- Attractive interest rate with low EMI.
- No security and no guarantor required.
- Flexible payment options starting from 12 -60 months.
- Extra benefits for women loan holder
- Easy documentation
- 24/7 customer service
Why choose ICICI bank via Rupee Station
The advantages which are granted by Rupee Station to the applicant for ICICI Personal Loan are stated below:
CIBIL Score
If an applicant is having a low CIBIL score or low credit history and they are in a dilemma that they won't be getting any type of loan procedure, then Rupee Station is the right platform for you. The applicant can get loan amount even after having a low credit history or cibil score.
Flexibility
With funds provided at Rupee Station, the user must only worry about making the legitimate installment payments on time. This is a significant advantage where the user must spend the full amount when the bank demands it.
Cost Effective
Concerning interest rates, bank loans are ordinarily the cheapest option. According to Rupee Station, the average fixed interest rate provided is 10 percent. The lower the interest rates of bank loans will save you money.
Retained Profits
While companies that provide equity to mount capital often provides a percentage of the profits to shareholders, banks need borrowers to pay only the principal and interest amount on loan.
Tax Benefits
When the user utilizes a bank loan for personal reasons, the interest that they pay on loan is a tax-deductible expense.
Things required availing Personal Loan at Rupee Station
- Evidence of Identity – it can be any one of Passport, Driving License, Voters ID, and PAN Card
- Evidence of Residence – can be any one of Ration Card, Utility Bill, Passport, and LIC Policy Receipt
- Advanced 3 months Bank Statement where the salary is deposited
- Salary slips for latest 2 months
Hence, to avail for ICICI Bank Personal Loan the user needs to visit the website of Rupee Station and fill in the online application form. The documents are verified within, and the money is disbursed to the account within two working days. Hence, avail for the Personal Loan today.
