Top Interest Rate loan comparison between the top bank and financial institution
per the current rates, Yes Bank offers the lowest interest rate of 10.75%. You can get best personal loan depending upon the company you are working with, loan amount you have applied for and your repayment capacity. Higher the loan amount, lower will be the rate of interest.
HDFC Bank, Tata Capital, IIFL, RBL Bank, Citibank, ICICI Bank are the best banks for personal loan, if you are looking for an instant personal loan with in 1-2 days. The interest rates of these banks are in the range of 10.99% to 16%. These loans providers offer online lending process. You can get instant persnal loan approval from these banks online at MyLoanCare and check eligibility without having to submit paper documents. Post approval, in case you are an existing bank account holder or existing loan customer of HDFC Bank, Tata Capital, IIFL, RBL Bank, Citibank, ICICI Bank, you may be eligible for instant disbursement without any documents. In other cases, you may upload a few documents on mobile app or submit them physically to a bank loan officer who will visit you at your place before loan disbursement.
Bank Personal Loan Interest Rates Processing Fee
SBI Personal Loan 12.50% In the range of 2% to 3%
HDFC Bank Personal Loan 11.25% Min 0.99%, Max 2.50% Up to Rs. 10,000
ICICI Bank Personal Loan 11.25% Starting from 0.99%, Up to 2.25%
Bajaj Finserv 11.99% Starting from 1.50%, Up to 3%
Citibank 10.99% Upto 0.5%
IDFC Bank 11.50% Starting from 0.75%, Up to 2%
Axis Bank 11.25% 1.50% to 2.00%
Tata Capital 11.75% Flat fee of Rs. 999*, Upto 2%
Fullerton India 17.25% Upto 2.00%
IndusInd Bank 11.00% Min 1% to Max 2.50%
Kotak Bank 11.50% Upto 2.5%
RBL Bank 13.99% Upto 2%
IIFL 12.99% 1 - 2%
Capital First 14.00% 1.00%
HDB Financial 13.99% Upto 2% of loan amount
Standard Chartered Bank 10.99% 1.00%
Syndicate Bank 13.40% 0.5%, Min Rs. 500
Union Bank of India 12.70% 0.5%, Min Rs. 500
Vijaya Bank 12.50% 0.25%, Max. Rs. 10000 + ST
Yes Bank 10.75% Starting at 0.99%, Up to 2%
PNB 12.00% 1.8% + taxes
IDBI Bank 13.20% 1%
Karur Vysya Bank 13.90% 0.40%
Indian Overseas Bank 12.70% Rs. 204 per lakh
Indian Bank 11.05% 0.5%, Min- Rs. 508
Allahabad Bank 13.15% 1.06%, Min- Rs. 1068
Federal Bank 11.49% 0.5%, Min Rs. 500
Dena Bank 13.00% 1%
Corporation Bank 12.95% 1.5%, Min Rs. 500
Canara Bank 13.00% 0.50%
Bank of Maharashtra 15.10% 1%, Min Rs. 1,000
Bank of Baroda 11.60% 2%, Min Rs. 250
Andhra Bank 11.55% Case to Case

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