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Feb 28, 2020

Top Bank for Personal Loan Interest Rates 2020

A Personal Loan is an unsecured loan which you can get from a bank/NBFC to meet the emergency expenses. These circumstances may include emergency medical expenses, children's educational expenses,  and for home renovation. Unsecured Personal Loan is not required to provide any security to the bank in the form of residential or commercial property documents.

You can also check eligibility criteria and document required for the Salaried Personal Loan. Eligibility criteria for salaried individuals, applicant age between 21 to 60 years, the applicant must be Indian citizens, and also applicant’s minimum net monthly salary required 25,000/ per months, the applicant must working in Pvt Ltd. or Govt. employee. After satisfying the eligibility criteria, analyse the rate of interest, the loan amount you need to obtain, the loan tenure up to 5 years, and the Affordable monthly EMIs. All these points to consider before taking the best Personal Loan.

Top banks offer multiple features and benefits. Let’s discuss the top banks offering the best Personal Loan Interest Rates in Delhi-NCR India.

1. Axis Bank Personal Loan

Axis Bank provides hassle-free Personal Loan services for salaried individuals with a lot of attractive benefits. You can avail a Personal Loan up to Rs.25 lakh at an interest rate starting from 10.75% to 16.00% per annum. The processing fee starts from 0.99% to 2% plus GST. Axis Bank Personal Loan repayment tenure of ranges from 1 to 5 years and Borrower can choose the suitable tenure as per the financial condition. Pre-closure & Part Payment facility is available with NIL Charges.  Axis Personal Loan benefits include simple procedure, minimum document requirement along with the Balance Transfer facility to escape higher interest rates of previous loans.

Details of Axis Bank Personal Loan

Applicant's Age Minimum 23 Years, Maximum 58 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount Up to 25 Lakh
Rate of Interest   10.75% To 16% p.a
Processing Fee 0.99% - 2% of loan amount + GST
Loan Tenure  Up to 60 months
Loan disbursal time  3 Days

Axis Bank Personal Loan Special Features

  • Pre-closure & Part Payment facility is available with NIL Charges.
  • Instant Loan Approval with minimum documentation
  • Transfer your existing Personal Loan @ 10.75%
  • Flexible Loan Tenure starts from 1 to 5 years.
  • Enjoy the best Interest Rate starting at 10.75%

2. HDFC Bank Personal Loan

HDFC Bank promises quick, competitive, transparent and fully customizable Personal Loans. HDFC Bank provides personal loan amount up to 40 Lakhs at Interest Rate starting from 10.75% to 16.00% with flexible loan tenure up to 5 years. HDFC Bank offers lowest processing fees up to 2%, with additional benefits such as simple & easy document process, quick processing, with instant approval & disbursal, and great customer service.

Details of HDFC Bank Personal Loan

Applicant's Age Minimum 23 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount Up to 40 Lakh
Rate of Interest   10.49% To 13% p.a
Processing Fee Rs. 999/- To 2% of Loan Amount + GST
Loan Tenure  Up to 60 months
Loan disbursal time  3-4 Days

HDFC Bank Personal Loan Features

  • Interest rates as low as 10.75%* on the existing loan transfer
  • Lowest EMIs Rs 2,162/ per lac
  • Part Payment & Foreclosure Facilities 
  • Top-up on Existing Loan
  • Hassle-free application process
  • Credit Shield

3. ICICI Bank Personal Loan

ICICI Bank provides a wide range of Personal Loans for the salaried employee at the lowest Interest rate starting from 11.25% to 16.75%. ICICI Bank gives loan amount up to 20 lakh with repayment tenure up to 5 years and processing fees up to 2.25% plus service taxes. Apply for ICICI Bank Personal Loan online with instant loan approval at lowest interest rates with simple documentation.

Details of ICICI Bank Personal Loan

Applicant's Age Minimum 23 Years, Maximum 58 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount 1 To 40 Lakh
Rate of Interest   11.25% To 16.75% p.a
Processing Fee Rs. 1999/- to 2% of the Loan amount + GST
Loan Tenure 12 to 60 months
Loan disbursal time  4-5 Days

ICICI Bank Personal Loan Features

  • Quick Loan Approval up to 40 Lakh
  • Collateral free & No Hidden Charges
  • Prepayment of the loan is possible after 12 EMI
  • Top-up Facility
  • Choose your tenure from 1 to 5 years
  • Monthly EMI Rs. 2187/ per lakh

4. Yes Bank Personal Loan

Yes Bank provides personal Loan starting from 1 Lakh to 40 Lakh with the interest rates starting from 10.99%. Yes Bank offer maximum loan tenure ranging from 12-60 months. Processing fee up to 2.5 % of the loan amount. The borrower also have the option of transferring their high-cost personal Loan from other banks or NBFCs at the lowest rate of interest. The borrower can Pre-Pay your Yes Bank Personal Loan after 12 EMI.

Details of Yes Bank Personal Loan

Applicant's Age Minimum 21 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount Upto 30 Lacs
Rate of Interest   10.99% To Max 16% p.a
Processing Fee 0.99% to 2% + GST
Loan Tenure 12 to 60 months
Loan disbursal time  5-6 Working Days

Yes Bank Personal Loan Features

  • Instant Loan Approval up to 40 Lakh
  • Flexible Repayment Options
  • Part pre-payment option / Transfer Existing Loan after 12 EMI

5. IndusInd Bank Personal Loan

A personal loan is an unsecured loan, this loan can be used for various purposes. IndusInd Bank Personal Loan offers tailor-made personal loans for a salaried employee. IndusInd Bank gives loan amount up to 40 lakh with an attractive rate of interest starting from 10.75 to 32%. And IndusInd Bank Personal Loan processing fees up to 2.50% of the loan amount plus service tax. Choose loan tenure as per your repaying capability starting from 1 to 5 Years. Get instant Personal Loan with simple documentation, quick processing and speedy disbursal.

Details of IndusInd Bank Personal Loan

Applicant's Age Minimum 21 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount 1 Lakh To 40 Lakhs
Rate of Interest   10.75% To 22% p.a
Processing Fee 0.75% To 2.5% + GST
Loan Tenure 12 to 60 months
Loan disbursal time  5-6 Working Days

IndusInd Bank Personal Loan Features

  • Instant Loan Approval up to 40 Lakh
  • Choose a convenient Repayment Options from 1 to 5 years
  • Balance Transfer Option
  • Quick Processing and Speedy Disbursal

6. Indiabulls Personal Loan

Indiabulls provides Personal Loan amount starting from 1 lakh to 15 lakh at the interest rate @11.99%. Indiabulls Personal Loan processing fees up to 3% of the loan amount. Indiabulls provides Personal Loans to use various requirement for Home Renovation, Medical Emergency, Marriage Expenses, Dream Vacation, Credit Card bills outstanding and other debt consolidation etc. A personal loan is an unsecured loan which means no property document required as Collateral.

Details of Indiabulls Personal Loan

Applicant's Age Minimum 21 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount 1 Lakh To 40 Lakhs
Rate of Interest   11.99% Onwards
Processing Fee 3% + GST
Loan Tenure 6 To 36 Months
Loan disbursal time   Loan Disbursal within 48 hours

Indiabulls Personal Loan Features

  • Instant Loan Approval up to 40 Lakh
  • Choose a convenient Repayment Options from 6 months to 36 months
  • Balance Transfer Option
  • Zero Pre-Payment Charges for Loan up to 20 Lakh.
  • Quick Processing and Speedy Disbursal

7. IDFC First Bank Personal Loan

IDFC First Bank provides Instant Personal Loan is available for salaried individuals. The salaried individual can borrow loan amount starting from 1 Lakh to 20 Lakhs at the rate of interest starting from 11.10% to 17.20%. The borrower can repay the Personal Loan amount with interest rate in loan tenures starting from 12 to 60 months.

Details of IDFC First Bank Personal Loan

Applicant's Age Minimum 23 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount 1 Lakh To 25 Lakhs
Rate of Interest   11.10% To 17.20%
Processing Fee 1.5% To 2% + GST
Loan Tenure 12 To 60 Months
Loan disbursal time   5-6 Working Days

IDFC First Bank Personal Loan Features

  • Instant Loan Approval up to 20 Lakh
  • Choose a convenient Repayment Options from 1 to 5 years
  • Low EMI Rs. 2180/- per lakh
  • Balance Transfer Option
  • Quick Approval & Speedy Disbursal

8. Clix Capital Personal Loan

Clix Capital provides personal loan amount ranging from 1 Lakh to 25 Lakhs at the lowest rate of interest starting from 11.75 to 17%. The borrower can repay the Personal Loan in lowest EMIs, Clix Capital flexible loan tenure ranging from 12 to 60 months, choosing a tenure that suits you.

Details of Clix Capital Personal Loan

Applicant's Age Minimum 23 Years, Maximum 58 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount Up To 40 Lakhs
Rate of Interest   11.75 To 17%
Processing Fee 0.50% To 2% + GST
Loan Tenure 12 To 60 Months
Loan disbursal time   5-6 Working Days

Clix Capital Personal Loan Features

  • Personal Loan Approval up to 40 Lakh
  • Flexible and Attractive Interest Rate @ 11.75%
  • Choose a flexible Repayment Options from 1 to 5 years
  • Lowest EMI Rs. 2212/- per lakh

9. Fullerton India Personal Loan

Fullerton India provides Personal Loans for salaried individuals with several features and benefits, including simple & easy documentation, flexible repayment tenure, maximum loan amount up to 25 Lakhs with quick disbursals.

Details of Fullerton India Personal Loan

Applicant's Age Minimum 23 Years, Maximum 60 Years
Net Monthly Income Minimum 25,000/ per months
Loan Amount 1 Lakh To 25 Lakhs
Rate of Interest   12.99% To 18%
Processing Fee 1.75% To 2.50% + GST
Loan Tenure 12 To 60 Months
Loan disbursal time   5-6 Working Days

Fullerton India Personal Loan Features

  • Personal Loan Approval up to 25 Lakh
  • Flexible and Attractive Interest Rate @ 12.99%
  • Choose a flexible Repayment Options from 1 to 5 years
  • Lowest EMI Rs. 2275/- per lakh
  • Balance Transfer and Top-up Facility
  • Quick Disbursal

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