Rate from
10.75%
Max Amount
₹40L
Tenure
12–60 mo
Processing Fee
Up to 2.25% of loan amount
Product Overview
Everything you need to know about this offer
- ICICI Bank's PaySaver Personal Loan is a fully digital, collateral-free personal loan engineered for salaried and self-employed Indians who need fast, transparent credit.
- Sanctions start from rates of 10.75% per annum, with ticket sizes from ₹50,000 up to ₹40 lakh and flexible repayment tenures between 12 and 60 months.
- The end-to-end journey — eligibility check, document upload, e-KYC, e-sign and disbursal — happens online, with most approved borrowers receiving funds in their bank account within 24 to 72 hours.
- Pricing is risk-based, so your actual rate depends on credit score, income stability and existing obligations.
- There are no hidden charges: all fees, prepayment terms and APR are shown up-front on the offer card.
- Through DhanLift you can compare this product against 20+ other personal-loan offers in a single application without impacting your credit score, then proceed with the lender that gives you the lowest all-in cost and the cleanest terms..
Interest / Features
Offer-level pricing, fees, and core features
Interest range
10.75% - 17.5%
Reducing balance rate, profile dependent.
Loan amount
₹0.5L - ₹40L
Available amount range for this offer.
Tenure
12-60 mo
Choose repayment based on EMI comfort.
Processing fee
Up to 2.25% of loan amount + GST
Foreclosure
Nil after 6 EMIs (floating)
100% paperless digital journey
Disbursal within 24–72 hours of approval
No collateral or guarantor required
Flexible tenure 12–60 months
Key Benefits
Why thousands choose this specific product
- 100% paperless digital journey
- Disbursal within 24–72 hours of approval
- No collateral or guarantor required
- Flexible tenure 12–60 months
- Part-prepayment allowed after 6 EMIs
- Pre-approved top-up on clean repayment
Eligibility Criteria
Check if you qualify before applying
Indian resident aged 21–60 years
Net monthly income ₹25,000+ (metro) / ₹20,000+ (non-metro)
Salaried with 1+ year of work experience OR self-employed with 2+ years vintage
CIBIL score 700+ recommended
Valid KYC and active bank account
Documents Required
Keep these ready to speed up your application
PAN Card
Aadhaar Card
Latest 3 months salary slips
Last 6 months bank statement
Address proof
Interest Rate & Fees
Transparent pricing, no hidden charges
| Interest rate (APR) | 10.75% – 17.5% p.a. (reducing) |
| Processing fee | Up to 2.25% of loan amount + GST |
| Foreclosure | Nil after 6 EMIs (floating) |
| Part-prepayment | Allowed, no charges |
| Late payment | 2% per month on overdue EMI |
| Cheque bounce | ₹500 + GST per instance |
| GST | 18% on all fees & charges |
* Rates and fees indicative; final pricing depends on credit assessment. All charges exclude GST unless mentioned.
PaySaver Personal Loan EMI Calculator
Estimate your monthly payments instantly
₹5,00,000
12.25 %
36 mo
Principal vs interest17% interest share
PrincipalInterest
Monthly EMI
₹16,667
Total interest
₹1,00,009
Total payable
₹6,00,009
Indicative only. Actual EMI depends on lender pricing, processing fees, and your credit profile.
Frequently Asked Questions
Quick answers before you apply
Rates start at 10.75% p.a. on a reducing-balance basis and go up to 17.5% p.a. depending on your credit profile, income and tenure.
Most approved borrowers receive funds within 24–72 hours of final e-sign. Salaried customers with pre-approved offers can see disbursal in under 4 hours.
No. DhanLift uses a soft credit pull to fetch indicative offers. A hard pull happens only when you select an offer and proceed to final application.
Up to 2.25% of loan amount + GST. It is deducted from the disbursed amount, not paid up-front.
Yes. Part-prepayment is allowed after 6 EMIs at no charge on floating-rate loans. Full foreclosure is free after 12 EMIs on most variants.
No. The entire journey — KYC, income proof, e-sign — is digital. Physical documents are required only in exceptional underwriting cases.
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