Personal Loan Interest Rates in India
Loans for any need, with no security, from banks and NBFCs. Compare rates, fees and amounts, lowest rate first. The lender decides your final rate.
Apply for a personal loanFree · No CIBIL impact · Expert call, usually within a working day
Personal Loan offers
6 offers from banks and NBFCs, lowest rate first| Lender | Interest rate | Amount | Loan period | Processing fee | |
|---|---|---|---|---|---|
AxisPersonal Loan | 10–15% | ₹10K–₹5L | 1–3 yrs | 0% | View offer from Axis |
Northbridge BankQuick Cash | 11–21% | ₹25K–₹5L | 6 mo – 3 yrs | ₹999 flat | View offer from Northbridge Bank |
ICICIPersonal Loan | 12–15% | ₹10K–₹2L | 6 mo – 3 yrs | 0% | View offer from ICICI |
KotakPersonal Loan | 12–15% | ₹25K–₹5L | 1–3 yrs | 0% | View offer from Kotak |
State Bank Of IndiaPersonal Loan | 12–15% | ₹10K–₹10L | 1–4 yrs | 0% | View offer from State Bank Of India |
HDFCPersonal Loan | 15–18% | ₹20K–₹5L | 1–4 yrs | 0% | View offer from HDFC |
- AxisPersonal Loan
- Interest rate
- 10–15%
- Processing fee
- 0%
- Amount
- ₹10K–₹5L
- Loan period
- 1–3 yrs
- Northbridge BankQuick Cash
- Interest rate
- 11–21%
- Processing fee
- ₹999 flat
- Amount
- ₹25K–₹5L
- Loan period
- 6 mo – 3 yrs
- ICICIPersonal Loan
- Interest rate
- 12–15%
- Processing fee
- 0%
- Amount
- ₹10K–₹2L
- Loan period
- 6 mo – 3 yrs
- KotakPersonal Loan
- Interest rate
- 12–15%
- Processing fee
- 0%
- Amount
- ₹25K–₹5L
- Loan period
- 1–3 yrs
- State Bank Of IndiaPersonal Loan
- Interest rate
- 12–15%
- Processing fee
- 0%
- Amount
- ₹10K–₹10L
- Loan period
- 1–4 yrs
- HDFCPersonal Loan
- Interest rate
- 15–18%
- Processing fee
- 0%
- Amount
- ₹20K–₹5L
- Loan period
- 1–4 yrs
EMI example
₹16,134/monthFor ₹5,00,000 over 3 years at 10%, the lowest listed rate.Apply nowDocuments needed
- PAN card
- Aadhaar card
- Last 3 months' salary slips
- Last 6 months' bank statement
- Passport-size photo
Lenders may ask for more. Your loan expert will confirm.
FAQ
Personal Loan questions
What is the lowest personal loan interest rate?
10% a year is the lowest listed rate right now. Your rate depends on your income, CIBIL score and the lender.
Who gives the loan?
The bank or NBFC you choose. They decide approval, rate and fees. Lending Mantra only compares and helps you apply.
What CIBIL score do I need for a personal loan?
Most lenders look for 700 or more. Some consider 650 and up, usually at a higher rate.
How soon is a personal loan paid out?
Usually within a few working days of approval, once the lender has checked your documents.
Does applying cost anything?
No. Comparing and applying through Lending Mantra is free. The lender may charge a processing fee.