5 Replies to “Can I transferred my loan account from ICICI bank to State Bank of India ? How much amount be paid for this ?”

  1. Here is a likely scenario:
    You will take another loan from SBI to repay ICICI, so you will have to pay initial fees.
    You will have to pay pre-payment penalty on balance loan to ICICI.


  2. icici will charge 2% as a precloser charges, which is 2% on principal outstanding.

    First few years you would have paid only interest to ICICI and now if you do a balance transfer of your laon , you are gonna pay only interest to SBI first few years.

    so think about it


  3. Hi,
    We pays you to read ads on your cellphone! These ads are only about your interests.
    Not only that, you get to decide when you want these ads.
    Based on my calculations I can easily make enough money to free up my cell phone bill.
    Check it out…

    Click Here to register and Start Earn (Apply in India Only)

    http://www.mGinger.com/index.jsp?inviteId=1534615

    •Earn money for reading ads on your mobile
    •Get SMS ads of only those products that you want to buy
    •Get ads at your convenience
    •Save money through discount coupons and offers
    •Earn much more money by inviting family and friends
    •Get 20 paisa for every ad you receive
    •Get 10 paisa for every ad your friends receive
    •Get 5 paisa for every ad your friend’s friends receive
    •Accumulate Rs.300 & receive a cheque

    Warm Regards



  4. There is nothing like transfer of loan. You need to start a new one with SBI and close your loan with ICICI. So SBI will give you a cheque which u can deposit with ICICI to close a loan.

    ICICI will charge you foreclosure charges between 2 to 10 %. Normally they charge 2 %

    SBI will charge you 0.5 to 2 % as processing fees.





Leave a Reply

Your email address will not be published. Required fields are marked *

six + fifteen =