A personal loan, also known as a personal credit, is a line of credit, often pre-approved. It is usually offered by banks to their account holders. But it is also offered by finance companies.
This operation has its own characteristics. It also has interest rates that vary depending on the financial institution where the operation is requested.
Among the credit options, the personal loan is one of the first to come on the market and become available.
| Positive Points | Negative Points |
|---|---|
| The institution offers fast release of your amount in your account, in just 1 hour it is possible to have your amount debited | You must be of legal age to apply for personal loan services |
| ICICI Bank offers up to 72 months for the payment of your parcels | The institution requires some proof of income and income, as well as active personal documents |
The limit of a personal loan usually depends on some variables, such as the person's income or the volume of financial transactions he/she performs.
People who have reached the age of majority can already get a loan. Of course, the bank will ask for some documents to formalize the loan. Acquiring the personal loan can be in person, in the branch, in the application or through a computer.
As it is a credit line with little bureaucracy, the rates applied are high compared to payroll loans or loans with guarantor. On the other hand, the ease is great and in a matter of minutes the credit can be released.
Generally, the higher the number of installments, the higher the interest rate. Small amounts may end up generating higher costs, while larger amounts may end up being “cheaper”.
This happens because some of the rates are fixed, while others vary depending on the amount borrowed.
It is also important to know the entity where your loan will be made, to know about the credibility and security of the bank or financial entity.
| Benefits | |
|---|---|
|
No bureaucracy
|
No bureaucracy when applying for a loan |
|
High amounts
|
The values released are high |
|
Reference
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One of the most requested loans in the market |
|
Customer service
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24-hour customer service |
ICICI Bank is one of these institutions, with years of history, participating in the realization of dreams and goals of each client.
In this article we will show you all the reasons why this will be your best decision.
Credibility
The bank guarantees credibility and security to the applicants, they have years of experience in the financing market, with transparency and solicitude.
If these concessions are what you are looking for, click on the button below and guarantee them.
I Want My LoanLong term
The institution offers terms from 12 to 72 months for the payment of your loan parcels, making this process more flexible and in accordance with what the applicant is looking for.
Fast release
ICICI Bank has a fast release of the requested amount, in less than 1 hour you can have your money in your account.
All these benefits are guaranteed by ICICI Bank, click on the button below and guarantee.
I Want My Loan
