TOP 7 BANKS THAT OFFER THE BEST INTEREST RATES ON PERSONAL LOANS
Published By Veerang Vats | 03 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.
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HDFC Bank
Interest rates range from 10.85% to 24%, based on factors like credit score and employer, with a processing fee of ₹6,500 plus GST.
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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.
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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.