The public and private banks provide the best personal loans but you must be aware of the top banks and their terms and conditions. For a sensible choice, you should carefully compare the borrower’s loan interest rates, processing costs, pre-closure fees, eligibility requirements, and other crucial things affecting it.
Below is the list of top banks for personal loans in India. These banks are providing a large sum of personal loans at competitive interest rates, longer repayment tenure, and higher loan amounts available.
|
Banks Name |
Loan Amount |
Interest Rates |
Loan Tenure |
|
HDFC Bank |
Rs.50,000 to 40 Lakhs |
10.50%-21% p.a. |
1 to 5 years |
|
ICICI Bank |
Rs.50,000 to 50 Lakhs |
10.75%-19% p.a. |
1 to 6 years |
|
Axis Bank |
Rs.50,000 to 40 Lakhs |
10.25%-21% p.a. |
1 to 5 years |
|
IDFC First Bank |
Up to 1 Crore |
Starts at 10.75% |
6 to 60 months |
|
IndusInd Bank |
Rs.30,000 to 50 Lakhs |
10.49%-29.5% p.a. |
1 to 5 years |
|
Kotak Bank |
Rs.50,000 to 25 Lakhs |
Starts at 10.99% p.a. |
1 to 5 years |
|
Bandhan Bank |
Rs.50,000 to 25 Lakhs |
Starts at 10.25% p.a. |
Up to 5 years |
|
State Bank of India |
Up to Rs.20 Lakhs |
9.60% p.a. onwards |
Up to 6 years |
|
Bank of Baroda |
1 Lakh to 20 Lakhs |
10.20%-17.55% p.a. |
Up to 7 years |
|
Punjab National Bank |
Up to 20 Lakhs |
9.80%- |
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