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

Service Charges & Fees for Personal Loans on Credit Card

You can avail a Personal Loan on Credit Card of up to Rs 20 lakh at a lower interest rate, starting from 14.99% per annum and flexible tenure of up to 60 months.

The interest shall be at such a rate which has been indicated by ICICI Bank to the Card Member at the time of making the offer for the Facility. The interest calculation will start from the time the request regarding the Facility has been confirmed by the Card Member.

Goods and Services Tax (GST) will be applicable on the interest component of the EMI every month.


Details about Contingent Charges

Rate of annualised penal charges in case of delayed payments*

  1. Interest will be charged if the Total Amount Due is not paid by the payment due date. Interest will be charged on the Total Amount Due and on all new transactions (from the transaction date) till the time the previous outstanding amounts are paid in full. The rate of interest may be changed at the sole discretion of ICICI Bank. It ranges from 1.25% per month (15% per annum) to 3.67% per month (44% per annum). GST would be applicable.

  1. Late Payment charges on your Card will be a function of the Total Amount Due and will be as follows:

Total Amount
Due in Rs
Late Payment
charges (GST will be applicable)

Less than 100


From 100-500

Rs 100

From 100-500

Rs 500

From 100-500

Rs 750

From 100-500

Rs 900

From 100-500

Rs 1,000

More than 50,000

Rs 1,200


Rate of annualised other penal charges*

  1. Auto-debit return charges: The charges could be applicable in case of auto-debit failure i.e. 2% of the Total Amount Due (subject to a minimum of Rs 500). GST will be applicable on the auto-debit failure fee.

  2. Over-limit Fee: The fee could be applicable in case the credit limit on the Card is breached while availing PLCC.

2.5% of the over-limit amount (subject to a minimum of Rs 550) will be levied, except for ICICI Bank's Emeralde Credit Card. GST will be applicable on over-limit fees.

  1. Foreclosure charges: The charges applicable are up to 3% of the outstanding principal amount. The next month’s EMI (interest as per amortisation table) would be applicable in the event of pre-closure of the loan after the cooling off period. GST would be applicable.

Charges in case of delinquency:

d) Charges incurred in filing legal suit – at actuals

e) Charges incurred in sending different notices – at actuals

f) Pick-up charges per instance – Rs 500 + GST

g) Cash transaction charge per instance for repayment of EMI dues at Branches – Rs 100 + GST


Cooling off / look up period during which the borrower

shall not be charged any penalty for cancellation /

pre-payment of loan

15 days

*Above mentioned charges (Section XII & XIII) should be considered in line with Credit Card Most Important Terms & Conditions (MITC). Rates mentioned above are subject to revision at the sole discretion of ICICI Bank.

Bank Lending Rate Range: Q2 FY 23-24 (1st July 2023 to 30st September 2023)

Type of credit facility Max Min Mean
Personal Loan on Credit Card 16% 11%  14.20%


  • The range of interest rate provided above is for individual Personal Loan on Credit Card disbursed during Q2 FY 2023-2024.
  • The mean rate of interest is computed basis sum of each rate of interest charged/sum of the number of accounts opened.

Annual Percentage Rate

The Annual Percentage Rate (APR) calculator is provided to compute annualised credit cost which includes interest and processing fees.

Net interest which will be displayed, will be based on inputs.

The APR does not include GST wherever applicable.

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