Get All Banks Personal Loan Interest Rates Under One Roof

When it comes to a personal loan, those who have already availed the same will surely agree on the fact that there are plenty of lenders available in the market that offer you the same. Hence, many times it becomes confusing and at the same time a tricky process to choose the best lender. If we talk about few top banks, they offer the same credit facility to the borrowers at different interest rates.

So, in order to grab the best deal it would be advisable for you to compare them first. Yes, comparing them while keeping interest rates in mind is definitely going to be a win-win situation for you. So, if you are someone who is interested in availing this credit facility, but don’t know all banks personal loan interest rates, we are here to help.

All you need to do is just read the article further to know about your favorite bank offering this credit facility. So, let’s get started in the article below…

HDFC: Talking about this lender, it is considered as one of the leading banks when it comes to availing the personal loan. The bank offers the credit to only salaried individuals at an interest rate of 10.99%-19.50% per annum for a tenure of 5 years. The lender offers the loan amount of up to Rs. 15 Lakh along with charging a one-time processing fee of up to 2.50% of the loan amount.

ICICI:  Another prominent name in the banking arena, best known for offering the loan at an interest rate of 11%-18.49% per annum along with a one-time processing fee of up to 2.25% of the loan amount+GST. It offers the credit to both salaried as well as self-employed for a tenure of up to 5 years to avail the maximum loan amount of up to Rs.20 Lakh-40 Lakh respectively.  

SBI: Needless to say that State Bank of India is surely one of the most renowned lenders in the country as far as availing this unsecured loan is concerned. It offers the rate of 11.90%-16.55% per annum to get the maximum loan of up to Rs.15 Lakh. The lender charges 1% of the loan amount as a processing fee and gives the credit for a tenure of 5 years.

Kotak Mahindra Bank: It is also one of the popular banks in the country when it comes to buying a personal loan. By offering the credit at an interest rate of 11%-18.85% along with charging a one-time processing fee of up to 2% of the loan amount, the lender caters the diverse needs of many. With a maximum loan amount of up to Rs.15 Lakh along with a flexible tenure facility of up to 5 years, the bank is here to stay.

Citibank: With an interest rate of 11.99%-18.99% per annum, the lender offers this credit facility to the individuals for a tenure of up to 5 years. By offering a loan amount of up to Rs.30 Lakh along with charging a one-time processing fee of up to 2.5% of the loan amount, this lender fulfills the needs of one and all.

Well, these are the top lenders, best known for offering the credit at varied rates. But not many of you are aware with the fact that there are other ways as well with the help of which you can grab the best deal. Yes, there are some key factors that you need to keep in mind so as to get the loan at attractive rates. Yes, you read that right! Points like-working in a Fortune-500 Company help you in reaping the best rates as by knowing the same most of the lenders can easily trust the applicants. Another factor which can work in your favour is maintaining the good relations with lender. If you have previously availed any sort of service or just a normal customer of the bank, with the help of maintaining the fruitful relationships with the bank can actually benefit you in the future. On that grounds, you can negotiate for all banks personal loan interest rates, thus can grab the best deal.