Personal loan| Apply personal loan on Low Interest

A personal loan is an unsecured credit offered by a financial organisation based on credit history, income, and repayment ability.

Bank

Interest

Amount

Tenure

Processing Fee

Action

HDFC Bank Personal Loan

10.75% - 21.50% Fixed

Up to Rs.40L

1 - 5 Years

Up to 2.50% One time fee

IndusInd Bank Personal Loan

10.25% p.a. - 26% p.a.

Up to Rs.5L

Up to 5 Years

3% onwards

TurboLoan powered by Chola

14% p.a.

Rs.1L - Rs.3L

Up to 3 Years

4% - 6%

MySubhLife

25.00% - 32.00% Fixed

Rs.75K - Rs.5L

1 - 4 Years

3.00% One time fee

Tata Capital Personal Loan

10.99% p.a. Onwards

Up to Rs.35L

Up to 6 years

Up to 3.5%

PaySense

18.00% - 36.00% Fixed

Rs.1L - Rs.5L

Up to 5 Years

2.00% - 3.00% One time fee

(Fullerton India) SMFG India Credit

11.99% p.a. onwards

Up to 30L

1 - 5 Years

Up to 6%

Home Credit

13.00% - 30.00% Fixed

Rs.50K - Rs.2L

Up to 4 Years

Zero Processing Fee

Kotak Mahindra Bank Personal Loan

10.99% and above

Up to Rs 40L

Up to 6 years

Up to 3%

Citibank Personal Loan

10.50% - 17.99% Fixed

Up to Rs.30L

1 - 5 Years

0.50% - 3.00% One time fee

Ujjivan Small Finance Bank

At the discretion of the bank

1 - 5 Years

15 lakh

InCred Personal Loan

18.00% Fixed

Rs.50K - Rs.7.5L

1 - 4 Years

2.00% - 5.00% One time fee

Edelweiss Salaried Personal Loan

17.00% - 26.00% Fixed

Rs.2L - Rs.20L

0.5 - 4 Years

2.00% One time fee

Standard Chartered Bank

11.00% - 15.00% Fixed

Rs.1L - Rs.6L

1 - 3 Years

Min ₹1,000 One time fee

Yes Bank Personal Loan

10.99% p.a. - 20% p.a. Onwards

Rs.50K - Rs.2L

1 - 3 Years

Up to 2%

HDBFS Personal Loan

14.99% Fixed

Up to Rs.20L

1 - 5 Years

Up to 2.00% One time fee

Aditya Birla Capital Personal Loan

14% p.a. - 26% p.a.

Up to 2%

Up to 7 years

Up to 50 lakh

India Infoline Finance Ltd. Personal Loan

12.75% p.a. - 44% p.a.

5k - 5 L

3 to 42 months

2% -6%

IDFC First Bank Personal Loan

10.49% p.a. Onwards

Rs 1 Crore

Up to 84 months

Up to 3.50%

ICICI Bank

10.50% p.a. - 16.00% p.a.

Rs 50K - 5L

12 months - 72 months

Up to 2.50%

Axis Bank

10.49% - 22% p.a.

Rs 40L

12 months - 84 months

Up to 2% of your loan amount

HSBC Bank

9.99% p.a. - 16.00% p.a.

Rs 15L - 30

6 months - 5 years

Up to 2%

Home Credit Cash Loan

24% p.a. 34% p.a.

10k - 5 lakh

6 months to 48 months

2.5% - 5%

State bank of India

11.05% p.a. - 14.05% p.a.

25k - 20 lakh

Up to 7 years

Up to 1.50%

Karnataka Bank

12% - 17% p.a.

Up to 5 lakh

Up to 5 years

At the discretion of the bank

Bank of Baroda

10.90% p.a. - 18.25% p.a.

Up to 20 lakh

Up to 7 years

Up to 2%

Bank of India

10.25% p.a. Onwards

10 lakh

12 to 60 months

Up to 2%

Karur Vysya Bank

10.75% p.a. - 13.75% p.a.

10 lakh

1 to 5 years

0.50% onwards

IDBI Bank

10.50% p.a. - 13.25% p.a.

50k - 10 lakh

12 to 60 months

Contact the bank

Punjab National Bank

11.40% p.a. onwards

Up to 20 lakh

Up to 60 months

Up to 1.00%

J&K Bank

12.40% p.a. - 13.40% p.a.

NA

Up to 10 years

Up to 1% of the loan amount subject to a maximum of Rs.10,000

Criteria	Salaried	Self-Employed
Age	21 years to 60 years	22 years to 55 years
Net Monthly Income	Rs.15,000	Rs.25,000
CIBIL Score	Above 750	Above 750
Minimum Loan Amount	Rs.50,000	Rs.50,000
Maximum Loan Amount	Rs.25 lakh	Rs.50 lakh

Requirements	Salaried Individuals	Self Employed
Proof of Identity	Passport, Voter’s ID, Driving License or PAN Card	Passport, Voter’s ID, Driving License or PAN Card
Proof of Residence	Passport or utility bills	Passport or utility bills
Proof of Income	Bank statement of salary account for the past two years	Audited financial statement of the past two years

The personal loan interest rates range from 9.99% p.a. and 44% p.a. It Depends on the loan amount availed by you, your credit score, & repayment tenure, the rate of interest on your loan is determined.

EMI = [PxRX(1+R)^N]/[(1+R)^N-1], wherein P represents the loan quantity, R is the interest rate charged per month, and N indicates the total number of monthly instalments.

Check your CIBIL Score:As soon as you know your chance of being approved for a personal loan.

CIBIL Ratings	Credit Score	Chances of approved the personal loan
Poor	Below 600	You may not qualify personal loan
Average	Between 600-700	The loan was approved with her interest rate
Good	Above 750	Loan approved with lowest interest rate
Excellent	Between 800-900	Loan with interest rate rate, larger loan

Some other charges levied by the lender:

Processing Fees: For processing your application.
Verification Fees:To verify your background and other parameters.
Government taxes:GST
Late payment charges:If you don’t pay EMI on time.
Repayment charges: If you don’t repay part of your loan.
Foreclosure charges:If you want to close the account.

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