salaried-personal-loan

Salaried Personal Loan

Compare between 40+ banks and apply for the best personal loan. Interest rates start from 10.99% p.a. Leading banks in India offer personal loans with maximum loan amount up to Rs.50 lakh and repayment tenure of up to 5 years. Check eligibility, Interest rates, Processing fees, Loan Tenure, Pre-Payment & Fore closure charges and use our EMI Calculator to calculate EMIs for the Personal Loan from best banks in India. Avail personal loan on Loanbazaar for weddings, travel, home renovation, or an emergency financial requirement.

Case studies
Best Personal Loan Interest Rates In India
Bank Name ROI Processing Fees Loan Amount Tenure Institution Type Best Fit For Action
Anand Rathi Financial Services Limited

Anand Rathi Financial Services Limited

18% 2% 15LAKH 60 Months NBFC MIN.SALARY 25K
Aditya Birla Capital

Aditya Birla Capital

13% 2% 40LAKH 60 Months NBFC WE CAN DO ON HL LIVE TRACK
Axis Bank

Axis Bank

11% 1.75% 40 LAKH 60 Months BANK MIN.SALARY 25K
Axis Finance

Axis Finance

12% 1.75% 30LAKH 60 Months NBFC MIN.SALARY 25K
Bajaj Finserv

Bajaj Finserv

18% 6999/- 40LAKH 60 Months NBFC OD FACILITY
Citibank

Citibank

11% 1.50% 40 LAKH 60 Months BANK Low Interest Rate & Eligibility on gross salary
Clix Capital

Clix Capital

13% 3% 25 LAKH 60 Months NBFC Also do Partnership & Proprietorship co.
DCB Bank

DCB Bank

11% 2% 50 LAKH 60 Months BANK MIN.SALARY 25K
Edelweiss Retail Finance

Edelweiss Retail Finance

18% 3% 25 LAKH 60 Months NBFC Also do Partnership & Proprietorship co.
Fullerton India

Fullerton India

14% 2% 20 LAKH 60 Months NBFC Also do Partnership & Proprietorship co.
HDB Finance

HDB Finance

14% 1.50% 20 LAKH 60 Months NBFC Special Offers
HDFC Bank

HDFC Bank

11% 2999/- 50 LAKH 60 Months BANK Self-Employed Professional
Hero FinCorp

Hero FinCorp

18% 2% 25LAKH 60 Months NBFC MIN.SALARY 25K
ICICI Bank

ICICI Bank

11% 1.25% 40 LAKH 60 Months BANK Quick Disbursal
IDFC First Bank

IDFC First Bank

11% 2% 30 LAKH 60 Months BANK Loan on Banking sarogate
IIFL

IIFL

16% 2% 15 LAKH 60 Months NBFC Easy Eligibility Checks
Incred Finance

Incred Finance

18% 3% 7.5 LAKH 60 Months NBFC We do 15K NTH
Indiabulls

Indiabulls

14% 2% 20 LAKH 60 Months NBFC MIN.SALARY 25K
Indusind Bank

Indusind Bank

11% 1.50% 40LAKH 60 Months BANK Also Do Non-listed co.
Kotak Mahindra Bank

Kotak Mahindra Bank

11% 5999/- 30LAKH 60 Months BANK Quick Turnaround Time
Muthoot Finance

Muthoot Finance

18% 2% 15 LAKH 60 Months NBFC MIN.SALARY 25K
Poonawala Finance

Poonawala Finance

11% 5999/- 25 LAKH 60 Months NBFC MIN.SALARY 25K
RBL Bank

RBL Bank

11% 1.50% 50 LAKH 60 Months BANK Also do Partnership & Proprietorship co.
SBI

SBI

11% 1.50% 30LAKH 60 Months BANK Different Income Categories
Standard Chartered Bank

Standard Chartered Bank

11% 2% 50 LAKH 60 Months BANK Foir on gross salary
Tata Capital

Tata Capital

12% 2% 25LAKH 60 Months NBFC Flexible Interest Rates
Yes Bank

Yes Bank

11% 1.50% 30 LAKH 60 Months BANK Affordable Interest Rates
Bank Name ROI Processing Fees Loan Amount Tenure Institution Type Best Fit For
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Different Types Of Personal Loans In India

Usually, a personal loan is not restricted in terms of its utilisation. That is, you can use your personal loan for any purpose as long as it is legal. However, there are certain lenders who provide different loan products on the basis of the purpose which is mentioned by the borrower in the personal loan application. On the basis of utilisation, these are the different types of personal loans which can be availed in India:

  • Personal Loan for Wedding: As the name suggests, a personal loan which is offered particularly for the purpose of meeting the expenses of a wedding is a wedding loan.
  • Personal Loan for home Renovation: A home renovation loan is a personal loan which can be availed to meet the expenses of repairing or renovating your home.
  • Personal Loan for Vacations: A holiday loan is a personal loan which is especially designed for vacations. You can avail a personal loan for your vacation and pay the expenses on a later date through easy EMIs.
  • Personal Loan for Pensioners: A personal loan which is specifically offered to pensioners is known as a pension loan.
  • Personal Loan for Festivals: Certain lenders offer a personal loan exclusively for festivals. If you are looking for a loan to make arrangements for a festival, you can apply for a festival loan.

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