Personal Loan — Rates from 10.49% p.a.

Compare personal loan offers from 30+ banks and NBFCs. Get instant eligibility check, compare EMIs and apply in minutes.

₹50L
Max Loan Amount
10.49%
Rate from
84 mo
Max Tenure
2 min
Eligibility Check
Compare

Best Offers Available

HDFC Bank
10.5%
p.a. onwards · Up to ₹40L
ICICI Bank
10.75%
p.a. onwards · Up to ₹50L
Axis Bank
10.49%
p.a. onwards · Up to ₹40L
SBI
11.05%
p.a. onwards · Up to ₹20L
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What is a personal loan?

A personal loan is an unsecured loan you can use for any purpose — wedding, travel, home renovation, medical emergency or debt consolidation. You repay it in fixed EMIs over a chosen tenure. Interest is charged on the reducing balance, so paying early saves you money.

Eligibility criteria

Most lenders require a CIBIL score of 700+, a stable income source (salaried or self-employed), and age between 21 and 60 years. Higher your score, lower the rate offered. Check your credit score free before applying.

How to get the best rate

Compare at least 3-4 lenders, maintain a score above 750, reduce existing EMIs before applying, and avoid multiple applications simultaneously. Use our EMI calculator to find a comfortable monthly payment.

FAQ

Frequently Asked Questions

What is the minimum salary for a personal loan?
Most lenders require a minimum monthly salary of ₹20,000-₹25,000 for salaried applicants.
How quickly is a personal loan approved?
Digital lenders and NBFCs can approve in 2-24 hours. Bank approvals typically take 2-5 working days.
Does taking a personal loan affect credit score?
A new loan adds an enquiry (small short-term dip) but regular on-time EMI payments improve your score over time.