Personal Loan of Rs 60,000

Submit your application by providing the following essential documents:

• Proof of identity: Aadhaar Card or PAN Card (any one)
• Proof of residence: Leave and Licence Agreement, Utility Bill (not more than 3 months old) or passport (any one)
• Latest 3 months Bank Statement: Reflecting the transactions where your salary or income is credited
• Salary slips for the last 3 months
• 2 passport size photographs.

To get a Rs 60,000 Personal Loan, you must meet the following eligibility criteria:

For salaried individuals:

• Age: Between 20 to 58 years
• Net salary: Minimum monthly income of Rs 30,000
• Total years in the job/profession: A minimum of 2 years in the current employment
• Years in the current residence: Residing at the current address for at least 1 year.

For self-employed individuals:

• Age: Minimum 28 years for self-employed individuals, 25 years for doctors and a maximum age of 65 years
• Minimum turnover: Rs 40 lakh for non-professionals and Rs 15 lakh for professionals
• Minimum profit after tax: Rs 2 lakh for a Proprietorship firm/Self-employed individuals and Rs 1 lakh for non-professionals
• Business stability: At least 5 years in the current business for non-professionals and 3 years for doctors
• Existing relationship with ICICI Bank: Minimum 1 year liability relationship (Current or Savings Account) or Asset Relationship (loan) either live or closed in the last 36 months, with a satisfactory repayment track as required.

Personal Loans feature competitive interest rates ranging from 10.65% to 16.00% per annum. You also get transparent processing charges, with origination fees up to 2.50% of the loan amount. You can also use an interest calculator for a Personal Loan to get the exact amount.