Personal loans help you sail smoothly through all expenses that you might find difficult to make due to cash unavailability. From a vacation in Hawaii to renovation of your dream house, a personal loan will make sure you get to enjoy life to the fullest. Here are a few significant features that will prove that taking a personal loan for any of your needs or wishes is a great idea.
|Bank Name||Personal loan interest rates|
Aditya Birla Finance Personal loan
|14% to 16.25%|
Capital First Personal loan
|13% to 20%|
CitiBank Personal loan
|14.49% to 17%|
Fullerton Personal loan
|17.25% to 37%|
HDFC Bank Personal loan
|12.50% to 19.50%|
ICICI Bank Personal loan
|11.49% to 18.49%|
IndusInd Personal loan
|11.99% to 19%|
Kotak Personal loan
|11.49% to 20.15%|
Standard Chartered Bank Personal loan
|11.99% to 17%|
Tata Capital Personal loan
|12.50% to 19.50%|
Yes Bank Personal loan
|12.25% to 17.49%|
Given below are details of Personal Loan Interest Rates of a few top banks of the country.
State Bank of India is the apex nationalized bank of the nation. The bank has several personal finance solutions to its credit and SBI Personal Loan Interest Rates are quite competitive and varied as per customer’s requirement. A few of these personal loans are listed below along with the rate of interest applicable for each of these loan schemes.
Personal finance scheme offered by HDFC bank is easy and quick. The loan requires minimum documentation and HDFC Personal Loan Interest Rates are also very attractive. This loan scheme offers zero hidden charges with nominal processing fees and convenient repayment options.
The interest rates on HDFC personal loans are competitive with respect to other banks offering personal loans.
HDFC personal loans also offer life protection cover of up to 8 lacs for accidental hospitalization and up to 1 lacs for death or permanent disability of the loan borrower. HDFC Personal Loan Interest Rate is in the range of 13-20% and is on a monthly reducing basis.
A few important features of HDFC personal loans are mentioned below –
ICICI offers personal loans at attractive interest rates . The personal loan scheme by ICICI is also customizable. This means that a customer can choose the amount of loan depending upon his requirement. The loan amount depends upon the nature of employment of the applicant. A few benefits of ICICI bank personal loans are –
ICICI bank personal loan interest rate starts as low as 13% and depends on a number of factors like income etc.
Axis bank offers great features and benefits on its personal loans. Be it your child’s education or a family wedding, you need not worry about the extra cash that you might require for urgent needs. Axis Bank Personal Loan interest rates are also quite competitive and attractive. The rate of interest generally ranges between 15.50% and 24%. A few highlights of Axis bank personal loans are –
Points to watch-out for before availing personal loans:
The above listed points about various personal loans sufficiently highlight the use and the advantages of getting a personal loan. For all those who want to go ahead and avail personal finance, here are a few things that one should watch-out for while applying for a personal loan
Step 1: In the first step, the user must fill the Personal Loan Interest rate eligibility form available online with required personal data. Once submitted the Personal Loan Interest rate tool automatically checks for eligibility of the applicant and personalized Personal Loan Interest rate options.
Step 2: In the second step, the applicant can compare various Personal Loan Interest rate options offered by the tool interface and apply for the best suitable Personal Loan Interest rate.
Step 3: The last step involves receiving an instant e-approval from BankBazaar.com after successful submission of Personal Loan Interest rate application online.
The application is sent electronically to the selected bank. The Personal Loan Interest rate department of the concerned bank gets in touch with the applicant directly. Users can check the status of their application through SMS alters as well as emails.