ICICI Bank Credit Cards review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

ICICI Bank lends directly at 9.99% to 16.5% for personal loans and debt consolidation, with funding time of Instant disbursement. It suits salaried Indian borrowers with a good credit record who want fixed rates and quick money. The processing charge adds to the total, and early repayment carries a fee.

Key facts

Best for
Salaried Indian borrowers wanting a fixed-rate personal loan with same-day funding.
APR
9.99% to 16.5% (Source, checked September 26, 2026)
Loan amount
₹50,000 to ₹5,000,000 (Source, checked September 26, 2026)
Term
12 to 72 months (Source, checked September 26, 2026)
Arrangement fee
Up to 2% of loan amount plus taxes (Personal Loan processing charge) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Instant disbursement (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
No (Source, checked September 26, 2026)
Eligibility
Indian citizens aged 18-58 years; salaried minimum monthly income 30,000 rupees (Source, checked September 26, 2026)
Origination fee (%)
2% (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
ICICI Bank Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Founded
1994 (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
icicibank.com

Mortgages

Initial rate
7.55% (Source, checked September 26, 2026)
Maximum loan to value
80% to 90% (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
ICICI Bank Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Founded
1994 (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInXfacebook.com

Pros and cons

Pros

  • Direct lender, so 9.99% to 16.5% is the rate you are offered rather than a broker mark-up
  • Funding time is listed as Instant disbursement
  • Fixed rate pricing on fixed rate loans, so repayments stay predictable
  • Support runs through phone, email and chat

Cons

  • Free early repayment: no, so settling the loan early carries a cost
  • A processing charge of 2% of the loan amount plus taxes adds to the total
  • Credit check: hard, and the lender asks for a good credit record
ICICI Bank Credit Cards

Ready to try ICICI Bank Credit Cards?

Scored 9.0 / 10 by BorrowCue.

See alternatives

Who it suits

  • Salaried Indian citizens who meet the income requirement for a personal loan
  • Borrowers consolidating debt into one fixed-rate repayment
  • People who need the money quickly and value Instant disbursement over extra shopping

Who should look elsewhere

  • Anyone wanting to clear a personal loan early without paying for it, since free early repayment: no
  • Borrowers with a thin credit file, as the credit check is hard
  • Shoppers who want a fee-free loan, given a processing charge of 2% plus taxes

Who runs it

The lender is ICICI Bank Limited, a direct lender based in India and founded in 1994. It lends its own money rather than brokering to other providers, which is why the published rate of 9.99% to 16.5% is the headline figure. Help runs through phone, email and chat, so borrowers can pick phone, email, chat or the help centre.

How ICICI Bank Credit Cards compares

Where ICICI Bank Credit Cards is available

Available
India

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate will I pay on a personal loan?+

Interest runs at 9.99% to 16.5% for a personal loan or a debt consolidation loan. The rate type is fixed, so the figure holds for the life of the loan. Your actual rate depends on how the lender assesses you.

Is there an arrangement fee?+

Yes. A processing charge of 2% of the loan amount applies, plus taxes. That sits on top of the interest at 9.99% to 16.5%, so ask for the full cost before you commit.

How long does it take to get the money?+

Funding time is listed as Instant disbursement, and same-day funding is among the features. Speed is one of the stronger points here, especially for borrowers consolidating debt who want one payment running quickly.

Can I repay the loan early without a charge?+

Free early repayment: no. Clearing the balance before the end of the term involves a cost, so the loan is more expensive for anyone planning to overpay it.

What credit check do I face?+

The credit check is hard, which means an application can leave a visible record on your file. The lender also wants a good credit record, so a thin file is likely to be turned down.

Who can apply?+

Applications are open to Indian citizens within the stated age band, and salaried applicants need to meet a minimum monthly income. Loans cover personal needs and debt consolidation, with amounts of INR 50,000 to INR 5,000,000.

How long can I borrow for?+

Terms run 12 to 72. A longer term spreads the repayments but means more interest over the life of the loan, so pick the shortest term your budget comfortably covers.

Is my money protected?+

This is a direct lender operating from IN and publishes its legal entity as ICICI Bank Limited, founded in 1994. No deposit protection scheme is listed for this product, so treat any balance with care.

How do I get in touch about an application?+

Support covers phone, email and chat. Phone and email carry the most weight in the listed channels, with chat and the help centre also open for questions before and after you apply.

Sources

  • icici.bank.in checked September 26, 2026

    Backs: Features, Funding time

    “Personal Loan - Get instant disbursement with no foreclosure charges after 24 EMIs”

  • icici.bank.in/about-us checked September 26, 2026

    Backs: Founded

    “ICICI Bank was incorporated in 1994 as a part of the ICICI group”

  • icici.bank.in/contact-us checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “Registered office ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007, Gujarat, India”

  • icici.bank.in/personal-banking/loans/personal-loan checked September 26, 2026

    Backs: Loan amount, Credit check, Credit needed, Eligibility, Lender type, Loan types, Origination fee (%), Term, Use cases

    “ICICI Bank offers Personal Loans starting at 50,000 rupees up to 50,00,000”

  • icici.bank.in/personal-banking/loans/personal-loan/person... checked September 26, 2026

    Backs: APR, Free early repayment, Pricing model, Arrangement fee, Rate type

    “Personal Loan interest rates: Between 9.99% and 16.50% per annum”

  • icicibank.com/personal-banking/loans/home-loan checked September 26, 2026

    Backs: Maximum loan to value, Purpose

    “Generally, lenders offer around 80-90% of the property's value as the loan amount.”

  • icicibank.com/personal-banking/loans/home-loan/interest-r... checked September 26, 2026

    Backs: Initial rate

    “Customers with a pre-approved Home Loan can get online sanction at current Home Loan interest @ 7.55%* p.a.”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

ICICI Bank Credit Cards

ICICI Bank Credit Cards

Salaried Indian borrowers wanting a fixed-rate personal loan with same-day funding.

9.0/10See alternatives

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings