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ICICI Bank Personal Loan EMI Calculator — FY 2026-27

Calculate monthly EMI for an ICICI Bank Personal Loan at current ICICI rates. ICICI offers pre-approved instant personal loans to existing customers via iMobile. Rate pre-fill tracks ICICI card rate as of 16 April 2026.

Starting rate: 10.75% p.a.Last updated: Editorial

Loan inputs

₹5.00 lakh

Monthly EMI
₹16,310
Principal
₹5.00 L
Total Interest
₹87,168
Total Payment
₹5.87 L

Principal vs Interest

Amortization Schedule

Loan amortization schedule — payment, principal, interest, and remaining balance for every year of the loan tenure.
YearPaymentPrincipalInterestBalance
Year 1₹1,95,723₹1,49,181₹46,542₹3,50,819
Year 2₹1,95,723₹1,66,032₹29,691₹1,84,787
Year 3₹1,95,723₹1,84,787₹10,936₹-0

About this ICICI EMI Calculator

This ICICI EMI Calculator computes the monthly EMI, total interest, and full amortization schedule for a ICICI Bank personal loan at the current rate card (starting 10.75% p.a. for eligible borrowers). It uses the same reducing-balance formula that ICICI Bank’s official per-lakh EMI table publishes, so the output matches your sanction letter to the rupee.

ICICI Bank offers EMI calculator variants across loan products — pick the one that matches your use case:

For the generic EMI math that underlies every bank’s calculator, see the general EMI Calculator. For a full lifetime-cost model, use the Home Loan Total Cost Calculator.

ICICI Bank Personal Loan EMI Calculator — FAQ

What is the current ICICI personal loan interest rate?

ICICI personal loan rates typically start from 10.75% p.a. for top-tier profiles (high CIBIL + salary > ₹75K + existing ICICI customer). Walk-in rates can go up to 18% depending on credit profile (FY 2026-27 — confirm on icicibank.com).

Can I get an instant personal loan from ICICI?

Yes, if you're pre-approved (visible in iMobile / Internet Banking). Instant loans disburse in minutes, up to ₹50 L. If not pre-approved, you'll need full KYC + income proof + credit assessment (2-5 business days).

What is the maximum personal loan amount from ICICI?

Up to ₹50 L for salaried, ₹25 L for self-employed. Typical loan-to-income cap: 8-12× net monthly salary. Existing EMIs reduce eligibility.

Are prepayment charges applicable on ICICI personal loans?

Yes. ICICI typically charges 5% of outstanding principal + GST. Personal loans are not covered by RBI's no-prepayment mandate. Budget the charge into your cost of switching to a cheaper lender.

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