Personal Loan Eligibility Calculator: Check Eligibility Online | ICICI Bank (2024)

Personal Loan Eligibility Criteria

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A Personal Loan eligibility calculator is an online tool that helps individuals to be aware of the maximum eligible amount for a Personal Loan. It is calculated based on a few factors like income, tenure (of the loan amount) and existing financial obligations.
NoteIndividual CIBIL score might impact the maximum eligibility amount.

To use a Personal Loan eligibility calculator, enter your personal and financial details such as income, expenses, existing loans and tenure. The calculator will analyse your eligibility and estimate the loan amount you may qualify for. Based on this, an individual can apply for a loan, as required.

ICICI Bank provides Personal Loans to both salaried and self-employed individuals. To determine the eligibility, existing ICICI Bank customers can check for the pre-approved Personal Loan offers through the iMobile Pay app or Internet Banking.
iMobile Pay > Log in to iMobile Pay > Pre-approved loans/offers’.
Internet Banking > Log in to Internet Banking > Cards & Loans > Loans.

To increase your eligibility, focus onimproving your credit scoreby making timely bill payments and reducing existing debts. Showcasing a consistent income or having a co-applicant with a stable income can also positively impact your eligibility.

Yes, salaried applicants can get a Personal Loan from ICICI Bank with a minimum monthly salary of Rs 30,000. However, the minimum salary required may also differ depending on the applicant’s profile - nature of employment, employer, whether the employer has any relationship with ICICI Bank and so on.

Depending on your salary, credit score and employment status, you can get a Personal Loan starting from Rs 50,000 up to Rs 50 lakh, subject to ICICI Bank's internal policy. The amount is decided based on your age, income and other factors. This amount can also be increased depending on certain factors. It is best to get in touch with ICICI Bank directly to explore all your options.

ICICI Bank Personal Loans are available to salaried applicants aged between 20 and 58 years. On the other hand, self-employed applicants must be aged between 23 and 65 years (at the end of the tenure) to be eligible for a Personal Loan from ICICI Bank.The applicants should fall within a specific age group, as this indicates a higher likelihood of having a steady income and the ability to repay over a longer period.

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