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Apply Personal Loan Online at MyLoanCare:

Best Offer: Axis, HDFC, ICICI, Citi, SCB, Bajaj, IndusInd, Fullerton, Kotak....

  • Interest Rate Starting at 10.99%*
  • Upto Rs. 2,500* Complementary Cashback or Flipkart Voucher
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You may not know this but fact is that banks offer different personal loan interest rates to customers depending upon multiple factors. Lowest rate of interest offered by banks in India on personal loan is 10.99% but not everyone is eligible for the same. Rates of interest vary between major banks like SBI, HDFC, ICICI Bank, Axis Bank, Citibank and PNB. Main factors that determine the applicable rates are the company you work for, your salary and the loan amount you are eligible for. This is why it may help to check personal loan interest rates comparison and apply online.

*Terms & Conditions Apply

Maximum Annual Percentage Rate (APR) 11.89% to 22.4%
Representative example of the total cost of the loan, including all applicable fees
Here is an illustration of the total cost of the loan:
  • Total amount borrowed: Rs. 100,000
  • Time period: 12 months to 60 months
  • Interest Rate: 11.49% to 22%
  • Processing Fee payable to: Upto Rs. 2,000
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From Rs. 2,199 for a 60 months Rs. 100,000 loan at 11.49% (lowest rate, longest time period) to Rs. 9,359 for a 12 months Rs. 100,000 loan at 22% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 11.89% to 22.4%
  • Total cost payable over loan tenure: Rs. 14,313 for 12 months loan to Rs. 33,926 for 60 months loan
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. MyLoanCare is an independent professional service provider and is not related to the government or government bodies or any regulator or any credit information bureau in any way. Information carried at this website is not and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not undertake any liability with respect to the correctness of the content, information and calculations. Information is subject to change without notice. By submitting your query or using any tools or calculators, you authorize MyLoanCare to share your information with lender(s), consent for such lender(s) to access your credit information report and contact you regarding your query overriding your number being in National Do Not Call Registry. This is a free service and no charges are payable by the borrower to MyLoanCare. The Company may receive remuneration from lenders for services provided to them.