Type of credit facility Interest Rate and charges applicable
Consumer EMI Interest Rate 9.05% to 28.06%
Processing Fee ₹ 0 to ₹3290
Service Charges
Repayment Mode Swap Charges ₹ 500/- per transaction
Amortization schedule charges ₹ 200/- per transaction
Statement of Account Charges ₹ 200/- per transaction
Prepayment or foreclosure statement charges ₹ 100/- per transaction
Duplicate No Objection Certificate / No Due Certificate ₹ 100/- per schedule
Penal charges
Prepayment Charges 5% on principal outstanding
EMI Bounce Charges

 ₹ 500/- per bounce

Penalty/Additional Interest on late payment 24% per annum
Legal & incidental charges Incidental Charges are those expense that are not budgeted or specified but are incurred by ICICI Bank Limited on behalf of the Borrower. At Actuals.


  1. GST and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges at the discretion of ICICI Bank Limited.
  2. Specific interest rate applicable to a customer would be dependent on segment, asset category, brand and schemes provided by Original Equipment Manufacturer (OEMs), tenure and processing fee if applicable.
  3. Processing fee is dependent on the asset category, asset price, schemes provided by OEMs, and tenure.
  4. ICICI Bank Limited reserves the right to revise the rate of interest and processing fee from time to time, at its sole discretion.
  5. The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over the site.

Interest Rate Range for Oct 2022 to Dec 2022 :

Type of credit facility Minimum Maximum Mean
Consumer EMI 9.05% 28.06% 17.62%

Note: Sum of rate of all loan accounts/number of all loan amounts

The Annual Percentage Rate (APR) is a method to compute annualised credit cost which includes interest rate and processing fee.

The APR calculator does not include charges such as prepayment charges, etc.

To calculate the same, please click here to download the APR calculator.