Interest rates on any loan plays an important part so always choose the lowest one is beneficial. Personal loan interest rates for most of the banks starts from 11.59% to 22.00%. Some banks offer special interest rates to its customer on the basis of Company, Profile, Residential status, Income per month. Banks offer lowest rates to only CAT A based company employees. So have a look at major banks personal loan interest rates below:
| Bank | Interest Rates | Processing Fees | Fore Closure Charges | Disbursal Time |
| Yes Bank | 10.45% - 16.99% | Upto 2% | Nil Above 7.5Lacs | 48 Working Hours |
| Kotak Mahindra Bank | 10.50% - 16.99% | Rs.999 - 2% | Zero above 10 lakhs loan amount, Else 5.00% | 60 working hours |
| HDFC Bank | 10.75% - 13.45% | upto 3999 + GST | Zero above 10 lakh, Otherwise 4.00% | 48 working hours |
| IDFC First | 10.99% - 21.00% | Upto Rs.9999 | upto 5% | 60 working hours |
| ICICI Bank | 11% - 17.50% | 0.50% - 2.25% | Zero above 10 lakh & 12 EMI Paid, Otherwise 5.00% | 48 working hours |
| Standard Chartered | 11.00% - 12.50% | 1% | Up to 5.00% | 3-4 Working Days |
| Citibank | 11.49% - 16.50% | Up to 3% | 72 working hours | |
| SBI Personal Loan | 11.95% - 16.55% | 2.00% - 3.00% | NIL | 72 working hours |
| Tata Capital | 11.99% - 17.00% | 1.25% - 2.50% | NIL Foreclosure charges after 12 EMI | 72 working hours |
| Fullerton India | 11.99% - 26.00% | 2.00% | Upto 7.00%, 0% after 3 years | 48 working hours |
| Bajaj Finserv | 11.99% - 16.00% | Upto 2.00% | Upto 4% post 1st EMI clearance | 48 working hours |
| Indus Ind Bank | 12.99% - 20.00% | Up to 50% off * | 60 working hours | |
| Axis Bank | 15.00% - 20.00% | 2.00% | N.A | 60 working hours |