Unlock the lowest interest rates on personal loans and secure your financial goals with ease. Compare top lenders, discover eligibility criteria, and streamline the application process to achieve financial freedom.

1. lowest interest rate on personal loan 2023
Top Personal Loan Schemes and Offers
Bank Best For Key Highlights
HDFC Personal
Loan
Self-Employed
Professional
● Interest rates (rack interest) ranging
between 10.5% p.a. and 24.00% p.a.
● Tenure of up to 5 years
● Loans of up to Rs.40 lakh
Bajaj Finserv Self-Employed
Professional
● Interest rates starting at 11 % p.a.
● Tenure of up to 5 years
● Loans of up to Rs.38 lakh
Tata captial Self-Employed
Professional
● Interest rates starting at 10.99% p.a.
● Tenure of up to 6 years
● Loans of up to Rs.35 lakh

2. Kotak Mahindra
Personal Loan
Quick
Turnaround
Time
● Interest rates starting at 10.99% p.a.
● Loans of up to Rs.40 lakh
● Tenure of up to 5 years
Tata Capital
Personal Loan
Flexible Interest
Rates
● Interest rates starting at 10.99% p.a.
● Tenure of up to 6 years
● Loans of up to Rs.35 lakh
Standard
Chartered
Personal Loan
Short-term
Requirement
● Interest rates starting from 11.49% p.a.
● Tenure of up to 5 years
● Loan amount of up to Rs.30 lakh
IDFC First
Personal Loan
Top-Up Loans ● Interest rate starting at 10.49% p.a.
● Loans of up to Rs.1 crore
● Tenure of up to 5 years
Fullerton India
Personal Loan
Quick Approval ● Interest rates starting at 11.99% p.a.
● Loans of up to Rs.25 lakh
● Tenure of up to 60 months
IIFL Personal
Loan
Easy Eligibility
Checks
● Interest rates starting at 12.75% p.a.
● Loans of up to Rs.5 lakh
● Tenure of up to 42 months

3. HDBFS Personal
Loan
Special Offers ● Interest rates starting at 12% p.a.
● Loans of up to Rs.20 lakh
● Tenure of up to 5 years
SBI Personal
Loan
Different
Income
Categories
● Interest rates starting at 11.00% p.a.
● Loans of up to Rs.30 lakh
● Tenure of up to 6 years
PNB Personal
Loan
Affordable
Interest Rates
● Interest rates from 10.40% p.a.
onwards
● Loans of up to Rs.20 lakh
● Tenure of up to 72 months
Yes Bank
Personal Loan
Quick Approval ● Interest rates ranging from 10.99% p.a.
to 20% p.a.
● Loans of up to Rs.40 lakh
● Tenure of up to 6 years
Union Bank of
India Personal
Loan
Suitable for first
time borrowers
● Interest rates (rack interest) ranging
between 11.80% p.a. and 15.50% p.a.
● Tenure of up to 5 years
● Loans of up to Rs.15 lakh
IndusInd Bank
Personal Loan
Flexible tenure ● Interest rates starting at 10.49% p.a.
● Loans of up to Rs.50 lakh

4. ● Tenure of up to 6 years
IDBI Bank
Personal Loan
Simple
application
process
● Interest rates starting at 13.25% p.a.
● Tenure of up to 5 years
● Loans of up to Rs.5 lakh
Axis Bank
Personal Loan
Minimum
documentation
● Interest rates starting at 10.49% p.a.
● Loan amount of up to Rs.40 lakh
● Tenure of up to 5 years