ICICI bank to give personal loan through ATM

ICICI Bank has announced that it will now offer Instant Personal Loan through ATMs. The bank will give personal loans up to Rs 15 lakhs to salaried people.

The bank’s announcement is the first of its kind and is creating a lot of interest.

The bank will give the loan amount to salaried persons who will be pre-qualified and selected based on data from credit information companies.

When a qualified customer will complete a transaction on the ATM, a message stating their eligibility for personal loans will be displayed on the screen.

The bank aims to promote a paperless, convenient and quick loan giving service to its customers.

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