Compare ICICI Bank vs HDB Financial Personal Loan
Bank |
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
IDBI Bank
Karur Vysya Bank
Muthoot
Yes Bank
Standard Chartered Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
Syndicate Bank
Bank of Baroda
PNB
Indian Overseas Bank
Indian Bank
Corporation Bank
Cashe
Axis Finance
|
SBI
HDFC Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Muthoot
Union Bank of India
Canara Bank
Bank of Maharashtra
Syndicate Bank
Andhra Bank
Allahabad Bank
Federal Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Corporation Bank
Bank of Baroda
Standard Chartered Bank
Yes Bank
Karur Vysya Bank
Cashe
Axis Finance
|
---|---|---|
Interest Rate | Interest Rate 10.50% - 22.00% |
30.00% - 36.00% |
Processing Fees | Processing Fees upto 2.25% of the loan amount |
Upto 3% of Loan Amount |
Loan Amount | Loan Amount ₹ 50,000 to ₹ 30 Lakh |
₹ 1 Lakh to ₹ 20 Lakh |
Loan Tenure | Loan Tenure 12 to 60 Months |
12 to 60 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 2,149 |
₹ 3,235 |
Part Payment Charges | Part Payment Charges Not Allowed |
Allowed after 6 months at Nil Partpayment charges |
Foreclosure Charges | Foreclosure Charges Allowed after 6 months at 5% |
Allowed after 6 months at Nil foreclosure charges |
Eligible Age | Eligible Age 23 to 58 Years |
22 to 60 Years |
Minimum Income | Minimum Income ₹ 25,000 |
₹ 20,000 |
Current Work Experience | Current Work Experience 12 Months |
6 Months |
Total Work Experience | Total Work Experience 24 Months |
6 Months |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.5/5.0 |
4.3/5.0 |
Compare Personal Loan EMI of ICICI Bank and HDB Financial
Loan Amount | ICICI Bank | HDB Financial |
---|---|---|
₹ 1 Lakh | ₹ 2,149 | ₹ 3,235 |
₹ 5 Lakh | ₹ 10,747 | ₹ 16,177 |
₹ 10 Lakh | ₹ 21,494 | ₹ 32,353 |
₹ 12 Lakh | ₹ 25,793 | ₹ 38,824 |
Which is a better bank for Personal Loan – ICICI Bank or HDB Financial?
ICICI Bank offers lower Personal Loan EMI at Rs. 2149 for 60 Months compared to HDB Financial with a minimum EMI of Rs. 3235 for 60 Months. In addition, average customer ratings for ICICI Bank is currently at 4.5/5.0, making it a good choice for taking a Personal Loan.
How does ICICI Bank Personal Loan compare with HDB Financial Personal Loan?
It is important to make a detailed comparison of ICICI Bank and HDB Financial on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:
Which bank offers a lower interest rate on Personal Loan – ICICI Bank or HDB Financial?
As per the current rates, ICICI Bank offers a lower interest rate of 10.50% on loans compared to HDB Financial, which offers a Personal Loan at 30.00%.
Know more about ICICI Bank Personal Loan
Know more about HDB Financial Personal Loan
Compare ICICI Bank Personal Loan With Other Banks
Compare HDB Financial Personal Loan With Other Banks
- 2022-05-13 : Punjab National Bank Increases Personal Loan Rates
The bank has increased the rates by 40 basis points, and after the revision, the bank offers personal loans starting from 8.85% to 14.85%. - 2022-05-13 : South Indian Bank Posts all-time High Net Profit in Q4
The Bank has posted an all-time high net profit of ₹272 crores for Q4 in FY 22 against ₹6.79 crores during the corresponding period of the previous year. - 2022-05-13 : Ujjivan Small Finance Bank Profit Falls by 7% for Q4
The bank has reported a 7 percent fall in its net profit to Rs 126.5 crore. Earlier, the bank had posted a net profit of Rs 136 crore in the same quarter of the preceding fiscal year 2020-21. - 2022-05-12 : Indian Bank Revises Personal Loan Rates
Indian Bank has increased the rates on personal loans, and as a result, the bank offers the lowest rates starting at 8.90% to upto 9.40%. - 2022-05-10 : Canara Bank Hikes Personal Loan Interest Rates
The bank has increased the lowest personal loan rates from 12.40% to 12.80%.
