| Bank/NBFC | Interest Rates* | Processing Fees |
|---|---|---|
| HDFC Bank | 9.99% - 12.5% | Rs. 3,499 - Rs. 6,500 |
| Axis Bank | 9.99% - 17.15% | 1% - 1.5% |
| ICICI Bank | 11.00% - 13.00% | Up to 2% |
| Kotak Mahindra Bank | 9.98% - 17.20% | 1.1% - 1.5% |
| IndusInd Bank | 10.35% - 16.5% | 1.3% - 2% |
| IDFC FIRST Bank | 9.99% p.a onwards | Up to 2% |
| YES Bank | 13.00% - 16.00% | 1.5% - 2.25% |
| Tata Capital | 11.99% - 13.99% | Up to 1.25% |
| Aditya Birla Finance | 10.99% p.a. onwards | Up to 4% |
| L&T Finance | 11.00% p.a. onwards | Up to 3% |
| Hero Fincorp | 19.75% - 30.00% p.a. | 2.3% - 3% |
| Piramal Finance | 12.90% p.a. onwards | Up to 5% |
| Poonawalla Fincorp | 18.00% - 36.00% p.a. | Up to 3% |
| Moneyview | 14.00% - 36.00% p.a. | Up to 2% |
| HSBC Bank | 10.15% onwards | Up to 2% |
| Mannapuram Finance | 20.00% onwards | 1% of loan amount |
| HDB Financial Services | 10.00% - 35.00% | Up to 5.90% |
| Muthoot Finance | 14.00% - 22.00% | Varies for each application |
| Shriram Finance | 11.00% - 42.00% | Up to 5% |
| IIFL Finance | 12.75% - 44.00% | 2% - 9% |
| Cholamandalam IFC | 10.00% - 28.00% | 4% - 6% |
| Dhani Loans & Services Ltd. | 13.99% onwards | 3% onwards |
*Interest rates as on 19th November 2025
If you are applying for a personal loan, do note that your eligibility for the loan along with the interest rate offered to you post your application would depend on your credit profile. Consumers with a strong credit history and excellent repayment record are likely to get a lower interest rate. Factors like income, profession and employer also determine your eligibility for a personal loan. Most Banks and large NBFCs usually prefer salaried individuals with a stable employment history and a strong credit profile.
Those with a damaged credit profile, which is reflected in their credit report, are likely to get rejected by Banks and NBFCs (especially those with a credit score lower than 700). There are a few NBFCs that may cater to some of these consumers, albeit at higher interest rates and for lower loan amounts.