Quick Action
    Quick Actions
    iPal Icon
    GET A CALL BACK

    Want us to help you with anything?
    Request a Call back

    This field is required Only alphabetes are allowed
    This field is required Only alphabetes are allowed
    Please enter valid number
    Please enter valid email
    Please select product type
    Please enter valid pincode

    Thank you for your request.

    Your reference number is CRM

    Our executive will contact you shortly

      Want us to help you with anything?
      Request a Call back

      This field is required Only alphabetes are allowed
      This field is required Only alphabetes are allowed
      Please enter valid number
      Please enter valid email
      Please select product type
      Please enter valid pincode

      Thank you for your request.

      Your reference number is CRM 786578956

      Our executive will contact you shortly
      Sorry! Please check back in a few minutes as an error has occurred.

      Features of a Rs. 3 lakh Personal Loan

      Benefits and features of a Rs. 3 lakh Personal Loan with ICICI Bank:

      No restrictions on the fund usage

      No restrictions on the fund usage

      Enjoy complete financial flexibility with no restrictions on how you use the Loan amount.

      240
      Instant approval

      Instant approval

      Get instant approval with swift access to funds when you need them the most

      240
      Flexible tenure

      Flexible tenure

      The tenure spans from 12 months to 72 months, providing borrowers the flexibility of choosing a repayment period that aligns with their financial capacities

      240
      Online services

      Online services

      Embrace the ease of online services. Online services ensure a seamless and convenient borrowing experience from the comfort of your home

      240
      Minimum documentation

      Minimum documentation

      Minimum documentation requirement will speed up your approval for a Rs. 3 lakh Personal Loan

      240
      Fixed interest

      Fixed interest

      Benefit from the stability of a fixed interest rate throughout the Loan tenure

      240
      No collateral needed

      No collateral needed

      Secure a Rs. 3 lakh Personal Loan without risking your valuable assets.

      240
      Apply Now

      Eligibility Criteria, Documents Required and Interest Rates

      Eligibility criteria

      To secure a Rs 3 lakh Personal Loan, applicants must meet the following criteria:

      • Age: 20 years to 58 years for salaried employees, 65 years for self-employed
      • Person should be an Indian citizen residing in India
      • Salaried individual with a steady monthly income
      • A positive credit score
      • Savings Account with an Indian Bank

      Required documents

      Documents required for a Rs 3 lakh Personal Loan:

      For salaried individuals:

      • Proof of Identity (Choose one): Passport, Driving Licence, Voter ID, PAN Card
      • Proof of residence (Choose one): Leave and Licence Agreement, Utility Bill, Passport
      • Bank statements for the last 3 months
      • Salary slips for the last 3 months
      • 2 passport size photographs.

      For self-employed individuals:

      • KYC documents: Proof of Identity, DOB proof, Address proof
      • Proof of residence (Choose one): Leave and Licence Agreement, Utility Bill, Passport
      • Income proof (that includes audited books for the last two years)
      • Bank statements for the last 6 months
      • Office address proof
      • Proof of residence or office ownership
      • Proof of continuity of business

      Interest rates and charges

      Secure a Rs 3 lakh Personal Loan with ICICI Bank at competitive interest rates and transparent charges. Here are the key details:

      • Interest rates: The interest rates range from 10.65% to 16.00% per annum.
      • Loan processing charge: A hassle-free application process with a Loan processing charge of up to 2.50%.
      • Prepayment charges: For salaried customers, 3% plus applicable taxes on the principal outstanding after the 1st EMI. Nil charges after 12 EMIs.
      • Additional interest on late payment: Maintain financial discipline with a 24% per annum charge on late payment.
      Read More

      Rs. 3 lakh Personal Loan FAQs

      Expand All | Collapse All

      What is the EMI for a Rs. 3 lakh Personal Loan?

      Use our online Personal Loan EMI Calculator to determine the exact Equated Monthly Instalment (EMI) based on your chosen tenure and interest rate.

      What is the minimum salary requirement to avail a Rs. 3 lakh Personal Loan?

      The minimum salary requirement varies based on your location, credit score and other factors. Check your eligibility through our online application process.

      Who is eligible for a Rs. 3 lakh Personal Loan?

      Individuals meeting the minimum age requirement, having a stable source of income and complying with the credit policies of ICICI Bank are eligible for a Rs. 3 lakh Personal Loan.

      How can I get a Rs. 3 lakh Personal Loan without income proof?

      ICICI Bank typically requires income proof for Loan approval. Ensure that you have the necessary documents such as Salary slips or Bank statements, to support your application.

      How to avail a Rs. 3 lakh Personal Loan immediately?

      While immediate disbursal is subject to approval, you can speed up the process by applying online and ensuring that all the required documents are ready, for a swift and convenient experience.

      VIEW MORE
      Close icon
      play-arrow
      pause-arrow
      ws qwe

      These cookies are essential for you to browse the website and use its features. These cookies are essential for website to function and make sure you are able to browse seamlessly. They are used for faster loading and effective representation of information on it, enabling our site to function as intended.

       
      da ew

      These cookies are used to recognise you when you return to the site. This enables us to remember your preferences and also let us monitor how our website is performing. These cookies collect information, such as, number of visitors on the website, how visitors were directed to the website and the pages they have visited. The cookies collect information in a way that does not directly identify anyone. If you do not allow performance cookies then some or all areas of website may not function properly.

       
      sad sad

      These cookies help us track your online activity and allow us to display content relevant to you and your interests, based on the way you have used our website previously. Also, the cookies help us to measure the effectiveness of our advertising both on and off ICICI Bank websites, and helps us to present products that may be of interest to you.

       
      Cookie Policy

      We use cookies to improve and personalize your browsing experience. Click OK to continue else click Manage to change your preferences. By continuing to browse this website, you accept the use of cookies.
      Manage OK