1) Bajaj Finserv Personal Loan
- Interest Rate: Starting from 11.00% p.a.
- Loan Amount: Up to ₹25 Lakhs
- Tenure: 1 to 7 years
- Processing Fees: Up to 3%
Why Choose: Quick approvals and flexible repayment options.
Eligibility: Salaried & self-employed professionals with a CIBIL score above 685.
Pros: Instant approval, minimal documentation, flexi loan facility.
Cons: Higher processing fee, stricter credit score requirements.
2) IDFC FIRST Bank Personal Loan
- Interest Rate: Starting from 10.25% p.a.
- Loan Amount: Up to ₹40 Lakhs
- Tenure: 1 to 5 years
- Processing Fees: 1% - 2%
Why Choose: Competitive interest rates with transparent charges.
Eligibility: Salaried & self-employed with good credit history.
Pros: No hidden charges, flexible repayment schedules.
Cons: Not available for low-credit applicants.
3) HDFC Bank Personal Loan
- Interest Rate: Starting from 10.50% p.a.
- Loan Amount: Up to ₹40 Lakhs
- Tenure: 1 to 5 years
- Processing Fees: Up to 2.5%
Why Choose: Instant disbursals, minimal documentation, trusted lender.
Eligibility: Salaried individuals aged 21–60 with minimum ₹25,000 monthly income.
Pros: Pre-approved offers, online application & e-KYC.
Cons: Slightly higher processing fees.
4) ICICI Bank Personal Loan
- Interest Rate: Starting from 10.75% p.a.
- Loan Amount: Up to ₹25 Lakhs
- Tenure: 1 to 6 years
- Processing Fees: Up to 2.5%
Why Choose: Transparent processes, tailored offers for existing customers.
Eligibility: Salaried/self-employed with ₹30,000+ monthly income.
Pros: Balance transfer facility, digital pre-approval.
Cons: Stricter eligibility norms.
5) Axis Bank Personal Loan
- Interest Rate: Starting from 10.49% p.a.
- Loan Amount: Up to ₹25 Lakhs
- Tenure: 1 to 5 years
- Processing Fees: Up to 2%
Why Choose: Quick digital processing, special rates for salaried professionals.
Eligibility: Salaried individuals earning ₹20,000+ monthly.
Pros: Low rates for corporate employees, part-payment options.
Cons: Foreclosure charges applicable.
6) State Bank of India (SBI) Personal Loan
- Interest Rate: Starting from 10.15% p.a.
- Loan Amount: Up to ₹20 Lakhs
- Tenure: Up to 6 years
- Processing Fees: Up to 1.5%
Why Choose: PSU trust, largest branch network, transparent norms.
Eligibility: Salaried & pensioners (income as per branch policy).
Pros: Low interest and processing charges, special government employee benefits.
Cons: Slower processing time.
7) Kotak Mahindra Bank Personal Loan
- Interest Rate: Starting from 10.99% p.a.
- Loan Amount: Up to ₹25 Lakhs
- Tenure: 1 to 5 years
- Processing Fees: Up to 2.5%
Why Choose: 100% paperless process, special rates for salaried employees.
Eligibility: Salaried individuals earning ₹20,000+ monthly.
Pros: Fully digital process, attractive pre-approved offers.
Cons: Not suitable for self-employed applicants.