INTEREST RATES ON PERSONAL LOANS

Published By Veerang Vats | 3 Jan, 2025

Comparing personal loan interest rates is essential when selecting a lender. Finding the most competitive rate can help secure better loan terms and reduce overall repayment costs.

HDFC Bank

Interest rates range from 10.85% to 24%, based on factors like credit score and employer, with a processing fee of <span class='webrupee'>₹</span>6,500 plus GST. Credit : Pinterest

ICICI Bank

Charges interest rates between 10.85% and 16.25%, with a processing fee of up to 2% of the loan amount.

Bank of Baroda

Offers interest rates from 11.40% to 18.75%, depending on the borrower’s profile and creditworthiness.

Kotak Mahindra Bank

Interest rates range from 10.99% to 16.99%, with a processing fee of up to 5% of the loan amount.

State Bank of India

Charges interest between 11.45% and 14.60%, and offers zero processing fee until January 31, 2025. Credit : Pinterest

Punjab National Bank

Offers interest rates ranging from 12.40% to 17.95%, depending on the applicant’s profile.

Axis Bank

Interest rates range from 10.49% to 22.50%, with a processing fee of up to 2% of the loan amount.