A Personal Loan is taken by a borrower for his/her individual wants and needs; it is commonly referred to as an unsecured loan because there is no security/collateral against it. There is no longer need to wait or to realize your dreams get instant loans to meet your current financial needs like a vacation, a perfect wedding, home renovation or a much desired gadget.
It is also called “All-purpose loan” at times, as there is no restriction on the end use of the funds
- Get flexible repayment options of 12-60 months
- Loan upto 30lakhs from one bank
- Pay interest 11.49% onwards
- Get Loan disbursement within 72 hours*
The rate of interest on almost all personal loans is fixed throughout the tenure of the loan. The table below shows the indicative rate of interest charged by various banks. The final rate offered by the bank may differ depending on the profile and other evaluation parameters that a bank might choose.
| Bank Name |
Loan Amount < 10 Lakh |
Loan Amount > 10 Lakh |
Balance Transfer / Debit Consolidation |
| HDFC Bank |
15.50% - 19.50% |
11.49% - 12.99% |
11.49% - 11.99% |
| ICICI Bank |
14.50% - 17.85% |
11.49% - 12.99% |
11.49% |
| Standard Chartered Bank |
13.75% - 14.50% |
11.99% - 13.00% |
13.50% - 2% lower than existing ROI |
| IndusInd Bank |
12.99% - 14.75% |
11.99% - 12.99% |
12.99% |
| Citi Bank |
12.75% - 15.75% |
11.99% - 13.75% |
13.50% - 14.75 |
| Capital First |
13.00% - 20.00% |
13.00% - 20.00% |
NA |
| Axis Bank |
13.50% - 24.00% |
13.50% - 24.00% |
13.50% - 2% lower than existing ROI |
| Tata Capital |
14.00% - 17.00% |
13.50% - 14.00% |
Same ROI |
