Compare Personal Loans in India

Quick personal loans with minimal documentation

IndusInd Bank

Interest Rate

From 10.49%

Max Loan Amount

Up to ₹50 lakh

Processing Fee

Up to 4% of loan amount

Features

  • Balance transfer facility
  • Competitive interest rates
  • Flexible repayment options

Eligibility

  • Minimum monthly salary of ₹25,000
  • Regular employment
  • Good credit score

Axis Bank

Interest Rate

From 11.25%

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Up to 2% of loan amount

Features

  • Fixed interest rates

Eligibility

  • Not specified

IDFC FIRST Bank

Interest Rate

From 10.99%

Max Loan Amount

Up to ₹1 crore

Processing Fee

Up to 2% of loan amount

Features

  • Special schemes for various needs
  • balance transfer facility

Eligibility

  • Not specified

ICICI Bank

Interest Rate

From 10.85%

Max Loan Amount

Up to ₹50 lakh

Processing Fee

Up to 2% of loan amount

Features

  • Overdraft facility
  • special schemes for NRIs

Eligibility

  • Minimum monthly salary of ₹30,000

Federal Bank

Interest Rate

From 12%

Max Loan Amount

Up to ₹50 lakh

Processing Fee

Up to 3% of loan amount

Features

  • Pre-approved loans for select customers

Eligibility

  • Minimum monthly salary of ₹25,000

Kotak Mahindra Bank

Interest Rate

From 10.99%

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Up to 3% of loan amount

Features

  • Special schemes for weddings, travel, and medical needs

Eligibility

  • Minimum monthly salary varies: ₹25,000 for corporate borrowers
  • ₹30,000 for non-corporate
  • ₹20,000 for bank employees

Tata Capital

Interest Rate

From 11.99%

Max Loan Amount

Up to ₹35 lakh

Processing Fee

Up to 4% of loan amount

Features

  • Special schemes for women, government employees
  • Travel, medical, marriage loans
  • Self-employed and home renovation options

Eligibility

  • Minimum monthly salary varies: ₹20,000
  • ₹15,000 for government employees, salaried employees, women, and travel loans

Bank of India

Interest Rate

From 10.75%

Max Loan Amount

Up to ₹25 lakh

Processing Fee

Competitive processing charges

Features

  • No hidden charges
  • no prepayment penalty

Eligibility

  • Individuals (salaried/self-employed/professionals)
  • age up to 70 years at loan maturity

HDFC Bank

Interest Rate

10.85% to 24%

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Up to ₹6,500 + GST

Features

  • Minimal documentation
  • flexible tenure up to 72 months

Eligibility

  • Not specified

State Bank of India (SBI)

Interest Rate

From 11.15%

Max Loan Amount

Up to ₹20 lakh

Processing Fee

Not specified

Features

  • Pre-approved personal loans available 24x7 through digital platforms

Eligibility

  • Salaried individuals
  • self-employed professionals
  • pensioners

Navi

Interest Rate

From 9.9%

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Fully digital process

Eligibility

  • Aadhaar, PAN, good credit rating

MoneyTap

Interest Rate

From 13%

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Line of credit
  • flexible EMIs
  • repayment up to 36 months

Eligibility

  • Aadhaar, PAN, steady income

PaySense

Interest Rate

Not specified

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Pre-approved offers
  • EMI calculator
  • minimal paperwork
  • flexible tenure

Eligibility

  • Age 21-60
  • monthly income of ₹18,000+

CASHe

Interest Rate

Not specified

Max Loan Amount

Up to ₹4 lakh

Processing Fee

Not specified

Features

  • Salary advance
  • digital KYC
  • short-term loans

Eligibility

  • Age 23-58
  • salaried professionals

ZestMoney

Interest Rate

Not specified

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • EMI financing
  • credit score enhancement tools

Eligibility

  • Aadhaar, PAN, good credit history

IndiaLends

Interest Rate

Not specified

Max Loan Amount

Up to ₹25 lakh

Processing Fee

Not specified

Features

  • Loan comparison platform
  • free credit report
  • easy application process

Eligibility

  • Varies by lender

True Balance

Interest Rate

Not specified

Max Loan Amount

Up to ₹50,000

Processing Fee

Not specified

Features

  • Microloans
  • financial education resources
  • credit building

Eligibility

  • Basic KYC
  • suitable for limited credit history

Branch

Interest Rate

Not specified

Max Loan Amount

Up to ₹1 lakh

Processing Fee

Not specified

Features

  • Fully digital KYC
  • app-first approach

Eligibility

  • Aadhaar, PAN, age 21+

LazyPay

Interest Rate

Not specified

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Buy now pay later services
  • minimal paperwork

Eligibility

  • Aadhaar, PAN, steady income

HDFC Bank

Interest Rate

10.85% to 24.00% p.a.

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Up to 2.5% of the loan amount

Features

  • Minimal documentation
  • Flexible tenure up to 60 months

Eligibility

  • Minimum age: 21 years
  • Maximum age: 60 years

Axis Bank

Interest Rate

11.25% p.a. onwards

Max Loan Amount

Up to ₹10 lakh

Processing Fee

Up to 2% of the loan amount

Features

  • Special schemes for weddings and home renovation

Eligibility

  • Not specified

IDFC FIRST Bank

Interest Rate

10.99% p.a. onwards

Max Loan Amount

Up to ₹10 lakh

Processing Fee

Not specified

Features

  • Special schemes for marriage, travel, emergency, and medical needs
  • Debt consolidation loans
  • Small personal loans

Eligibility

  • Not specified

State Bank of India (SBI)

Interest Rate

From 11.15% p.a.

Max Loan Amount

Up to ₹20 lakh

Processing Fee

Not specified

Features

  • Pre-approved personal loans available 24x7 through digital platforms

Eligibility

  • Salaried individuals
  • Self-employed professionals
  • Pensioners

Bajaj Finserv

Interest Rate

1% to 32% p.a.

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Not specified

Features

  • Flexible tenure up to 96 months

Eligibility

  • Not specified

Navi

Interest Rate

9.9% p.a. onwards

Max Loan Amount

Up to ₹20 lakh

Processing Fee

Not specified

Features

  • Fully digital process
  • Quick disbursal

Eligibility

  • Aadhaar and PAN
  • Good credit rating

MoneyTap

Interest Rate

13% p.a. onwards

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Line of credit
  • Flexible EMIs
  • Repayment up to 36 months

Eligibility

  • Aadhaar and PAN
  • Steady income

PaySense

Interest Rate

1.4% to 2.3% p.m.

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • Pre-approved offers
  • EMI calculator
  • Minimal paperwork
  • Flexible tenure

Eligibility

  • Age: 21-60 years
  • Monthly income of ₹18,000+

CASHe

Interest Rate

2.50% p.m. onwards

Max Loan Amount

Up to ₹4 lakh

Processing Fee

Not specified

Features

  • Salary advance
  • Digital KYC
  • Short-term loans

Eligibility

  • Age: 23-58 years
  • Salaried professionals

ZestMoney

Interest Rate

11.99% onwards

Max Loan Amount

Up to ₹5 lakh

Processing Fee

Not specified

Features

  • EMI financing
  • Credit score enhancement tools

Eligibility

  • Aadhaar and PAN
  • Good credit history

Bajaj Finserv

Interest Rate

Starting from 1% per annum

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Varies

Features

  • Flexible tenure up to 96 months
  • Minimal documentation
  • Instant approval

Eligibility

  • Salaried and self-employed individuals
  • Minimum age: 21 years

Citibank

Interest Rate

Competitive rates

Max Loan Amount

Up to ₹30 lakh

Processing Fee

Up to 3% of loan amount

Features

  • Flexible repayment options
  • No collateral required
  • Simplified documentation

Eligibility

  • Salaried individuals with a minimum income of ₹25,000 per month
  • Minimum age: 23 years

Standard Chartered Bank

Interest Rate

Attractive rates

Max Loan Amount

Up to ₹50 lakh

Processing Fee

Up to 2.25% of loan amount

Features

  • No security required
  • Flexible tenure up to 60 months
  • Simplified documentation

Eligibility

  • Salaried individuals with a minimum monthly income of ₹22,000
  • Self-employed professionals with a profitable business

Bank of Baroda

Interest Rate

Competitive rates

Max Loan Amount

Up to ₹10 lakh

Processing Fee

Up to 2% of loan amount

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals with a minimum of 1-year continuous service
  • Self-employed individuals with a stable income

Yes Bank

Interest Rate

Starting from 10.99% per annum

Max Loan Amount

Up to ₹40 lakh

Processing Fee

Up to 2.5% of loan amount

Features

  • Flexible tenure up to 60 months
  • No collateral required
  • Quick approval process

Eligibility

  • Salaried individuals with a minimum monthly income of ₹25,000
  • Self-employed individuals with a stable business

Canara Bank

Interest Rate

Competitive rates

Max Loan Amount

Up to ₹3 lakh for salaried individuals; up to ₹5 lakh for others

Processing Fee

As applicable

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals, professionals, and self-employed persons
  • Pensioners with a stable income

Punjab National Bank (PNB)

Interest Rate

Attractive rates

Max Loan Amount

Up to ₹10 lakh

Processing Fee

As applicable

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals with a minimum of 2 years of service
  • Self-employed professionals with a stable income

Union Bank of India

Interest Rate

Competitive rates

Max Loan Amount

Up to ₹10 lakh

Processing Fee

As applicable

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals with a minimum of 2 years of service
  • Self-employed professionals with a stable income

Central Bank of India

Interest Rate

Attractive rates

Max Loan Amount

Up to ₹5 lakh

Processing Fee

As applicable

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals with a minimum of 3 years of service
  • Self-employed professionals with a stable income

Bank of Maharashtra

Interest Rate

Competitive rates

Max Loan Amount

Up to ₹20 lakh

Processing Fee

As applicable

Features

  • No collateral required
  • Flexible repayment options
  • Minimal documentation

Eligibility

  • Salaried individuals with a minimum of 2 years of service
  • Self-employed professionals with a stable income