If you also want to know how to foreclose ICICI Personal Loan? then you have come to the right website. In this article, I am going to give you details knowledge about how you can foreclose an icici personal loan.
And yes, in this article, I am going to tell you in additional detail what extra charges will be levied on your foreclosing and how many days your loan can be closed.
So guys, if you read this article from beginning to end, then you will understand the process in detail, of how you can foreclose an ICICI personal loan.
As you may know, before taking any loan, the terms and conditions have to be signed and at the same time, the period and condition for closing are also mentioned after becoming eligible.
ICICI Bank has mentioned here officially that you must pay the first EMI only then you will be eligible to pre-close your loan at 3% + plus applicable charges but if 12 EMIs are paid then you are eligible for NIL (Zero) Pre-closure charges.
| Particular | Charges |
| Foreclose After 1 EMI Pay | 3% plus Taxes |
| Foreclose After 12 EMIs Pay | NIL charges |
| Part pre-payment | Not Available |
As far as interest charges are concerned, let me tell you here that you will have to pay 3% interest on your ICC Personal Loan plus any applicable taxes, whatever your outstanding balance or loan amount.
So after fulfilling both these conditions, if you now decide that you want to close ICICI Personal then let us know how you can preclose the icici personal loan.
How to Foreclose ICICI Personal Loan?
Guys, you can close ICICI Bank personal loans online and offline. In this article, I am going to give you both methods, whether you want to do it offline or you want to do it online.
I will tell you both the method process, first of all, we will know how you close ICICI personal loan through the online method, and after that, I will tell you how you can close an ICICI personal through the offline method.
How to Foreclose ICICI Personal Loan Online
To foreclose ICICI personal loan online, follow the below steps:
- Visit the ICICI Bank Website.
- Login to your account using Internet Banking Credential.
- Now go to the Loan Page and Click on Request for Foreclose Loan.
- Then choose your loan account number and select the relevant reason.
- After that, Select your city, provide your contact details like mobile number and email ID, accept the terms and conditions then click on the “Submit” button.
Once you have done the above steps, your request has been raised then after new minutes you can see your loan charges details and outstanding loan amount see and confirm it, and pay the amount then your foreclose process is done.
Remember this process is available for a certain time future this process will be closed then you need to foreclose icici personal loan by visiting the offline branch and pre-close your personal loan.
So above steps are not working for you whenever you read this article then you can prefer the offline method to precose icici personal which I explain below you can follow it.
How to Foreclose ICICI Personal Loan Offline
To foreclose icici personal loan offline, you can follow the below steps:
- Visit the nearest ICICI Bank Branches.
- Provide all the required documents.
- Pay your outstanding loan amount and charges through Cash, Cheques, and Demand draft.
- Then, collect the acknowledgment receipt for future proof.
Once you have done the process, your personal loan account is closed within 7 to 14 days depending upon the working days but remember whenever your loan is closed you will receive NOC by email and maybe postal address, so keep it safely with good place NOC for future reference.
Read also:
- How to Foreclose KreditBee Loan Online
- How to Foreclose Money View Loan?
- How to Foreclose HDFC Personal Loan
- How to Foreclose ICICI Credit Card EMI
In this, I tell you in two ways how you will be able to close the loan – offline and online, but some people frequently ask some questions. These are the questions that are asked very frequently.
Let us discuss this question a bit.
FAQs
How to foreclose the ICICI Personal loan?
You can foreclose icici personal loan offline by visiting the nearest icici bank branches.
How can I check my Icici personal loan closure status?
You can check ICICI personal loan foreclose status by visiting Internet Banking and the iMobile app.
Can we foreclose ICICI personal loan online?
Yes, you can foreclose icici personal loan online.
Conclusion
So friends I have not only provided the process of how you can foreclose icici personal loan but also covered all the topics related to our main topic.
I have tried to help you in every aspect related to the icici personal close.
Keep in touch with our website, so that you can get updated instant personal loan and other loan app information regular basis.
And please comment below which we have not covered and need to add to this article so that we can add and update that can help more people to know about icici personal loan actually.