Compare Personal Loan in India - Top Offers & Reviews 2020

Are you tired of visiting banks and other financial institutions to get the best personal loan? You will be happy to know that we have all leading banks, NBFCs and other financial institutions in India on its platform. Visiting us is like visiting 100 lenders together to search, compare for the best personal loan at favorable terms with no hassle whatsoever. You can use personal loan eligibility calculator to know how much loan amount you are eligible for. You can even calculate your EMI using online calculator.

HDFC Bank Personal Loan

HDFC Bank | Personal Loan

About HDFC Bank: HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104154 permanent employees as of 30 June 2019. HDFC Bank is India's largest private sector lender by assets. It is the largest b...

Detail: Each partpayment shall not exceed 25 % of the principal Outstanding

Annual Percentage Rate (APR): 11.25 % - 18 %

Bajaj Personal Loan

Bajaj | Personal Loan

About Bajaj: Bajaj Finserv Limited, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance. The company employs over 20154 employees at 1409 locations, and is e...

Detail: Applicants should be above 21 years of age at the time of loan commencement.

Annual Percentage Rate (APR): 11.99%

ICICI Bank Personal Loan

ICICI Bank | Personal Loan

About ICICI Bank: ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms of assets a...

Detail: Facility of part pre-payment is not available

Annual Percentage Rate (APR): 11.25%

Kotak Mahindra Bank Personal Loan

Kotak Mahindra Bank | Personal Loan

About Kotak Mahindra Bank: Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, the Reserve Bank of India issued a banking licence to Kotak Mahindra Finance Ltd., the group's flagship company....

Detail: 21- 58 years of age is eligible for availing a personal loan

Annual Percentage Rate (APR): 10.99% - 18%

IndusInd Bank Personal Loan

IndusInd Bank | Personal Loan

About IndusInd Bank: IndusInd Bank Limited is an Indian new generation bank in Pune, established in 1994. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Ma...

Detail: To apply for a personal loan, one must be at least 21 years old and should be able to provide basic KYC documents

Annual Percentage Rate (APR): 11.25%

IIFL Personal Loan

IIFL | Personal Loan

About IIFL: IIFL Holdings Limited d/b/a IIFL and India Infoline, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group companies are backed by Canadian investor Prem Watsa, pr...

Detail: Foreclosure charge - Allowed after 6 EMI's, 7 - 12 months - 5 - 6% and after 12 months - nil charges

Annual Percentage Rate (APR): 13%

Tata Capital Personal Loan

Tata Capital | Personal Loan

About Tata Capital: Tata Capital Limited is a financial and investment service provider in India. It is based in Mumbai and has more than 100 branches across the country. The company offers consumer loans, wealth management, commercial finance, and infrastructure financ...

Detail: Minimum gap between two part payments to be six months

Annual Percentage Rate (APR): 11.75%

RBL Bank Personal Loan

RBL Bank | Personal Loan

About RBL Bank: RBL Bank, formerly known as Ratnakar Bank, is an Indian private sector bank headquartered in Mumbai and founded in 1943. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, re...

Detail: Applicants should be above 21 years of age at the time of loan commencement.

Annual Percentage Rate (APR): 13.99%

Loan Eligibility

Age - 18/21 years - 60/65 years
Employment Type - Salaried/Self-Employed
Minimum Net Income (monthly) - ₹15,000
Work Experience - Salaried for at least 6/12 months or Self-Employed for at least 3 years
Tenure: (Min) 3 to (Max) 60 months
Interest Rate ranging from 10.75% to 25% depending on customer’s credit and risk profile

Representative Example

With a representative 10.75% APR based on borrowing ₹ 10 lacs and repaying over 60 months with 60 monthly repayments, the monthly repayments will be ₹ 21,618 which can be paid within a tenure of 12-60 months.

*Please note the processing fee can vary from 1.5% - 6%. The figures provided are indicative and subject to change from time.

EMI Calculator

The simple and handy loan EMI calculator lets you easily calculate EMIs. All you need to do is enter the loan amount, interest rate and loan tenure, and you will know the convenient and easy EMIs basis the inputs entered.

Sample Loan Calculation:

Loan amount: INR 4,00,000
Interest Rate: 15% p.a.
Loan Duration: 3 years
Total Interest = INR 99,176
Processing fees (PF) + GST= 4000 + 720 = INR 4,720

In Hand Amount: Loan Amount - Total Deductibles = 4,00,000 - 4,720 = INR 3,95,280
Total repayable Amount: INR 4,99,176
Monthly EMI Repayable: INR 13,866
*Deductibles are deducted upfront during the loan disbursal.