Credit Card Loan

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Credit Card Loan

What is a Credit Card Loan?

A Loan on Credit Card is a type of Personal Loan and a pre-approved facility. It does not require you to go through extensive documentation, except for paperwork, to ensure your eligibility. It is an unsecured loan, that means you do not have to pledge any collateral or security in exchange for the loan amount. ICICI Bank offers this facility in the form of a Personal Loan on Credit Card, to select existing customers, after evaluating their credit history, transaction patterns and spending. You can apply for a loan at ICICI Bank at an attractive Credit Card Loan interest rate.

A credit card loan is a form of borrowing that allows credit cardholders to obtain cash advances or transfer balances from their card to their bank account. It provides quick access to funds, but usually comes with higher interest rates and fees compared to traditional loans.

How is my eligibility determined for a Doctor Loan

• Mode of employment & Hospital you work for.

• Your current income – Net take home Salary.

• City of Employment & Current obligations (Any existing EMI’s being paid, credit card outstanding & Credit limit available).

• Financial history & track record including CIBIL scores if available.

• From a stability prospective years of work /Business experience & residence check.

We offer

• Loan with simple documentation, quick processing and disbursal.

• Enjoy the convenience of doorstep service.

• Get the best in market interest rate for your personal loan.

• You need not worry about collaterals or guarantors.

• Try out the ‘Balance Transfer Option’ to get rid of high Interest current EMI’s and get slash up to 2% on interest rates on your current loan.

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