Compare IDFC First Bank vs Andhra Bank 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
HDB Financial
IDBI Bank
Karur Vysya Bank
Muthoot
Yes Bank
Standard Chartered Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Allahabad Bank
Federal Bank
Syndicate Bank
Bank of Baroda
PNB
Indian Overseas Bank
Indian Bank
Corporation Bank
Cashe
Axis Finance
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Corporation Bank
Muthoot
Karur Vysya Bank
Yes Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
Standard Chartered Bank
Syndicate Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Bank of Baroda
Cashe
Axis Finance
|
---|---|---|
Interest Rate | Interest Rate 10.49% - 22.00% |
8.90% - 13.00% |
Processing Fees | Processing Fees Upto 2.00% |
Case to Case |
Loan Amount | Loan Amount ₹ 1 Lakh to ₹ 40 Lakh |
₹ 50,000 to ₹ 5 Lakh |
Loan Tenure | Loan Tenure 12 to 60 Months |
12 to 60 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 2,149 |
₹ 2,071 |
Part Payment Charges | Part Payment Charges Allowed after 3 months at In case of Smart Personal Loan at Nil Charges |
Allowed after 0 months at Nil prepayment charges |
Foreclosure Charges | Foreclosure Charges Allowed after 12 months at 5% foreclosure charges. Can foreclose after 3 months in case of smart personal loan |
Allowed after 0 months at Nil prepayment charges |
Eligible Age | Eligible Age 23 to 60 Years |
18 to 55 Years |
Minimum Income | Minimum Income ₹ 20,000 |
₹ 20,000 |
Current Work Experience | Current Work Experience 6 Months |
NA |
Total Work Experience | Total Work Experience 12 Months |
NA |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.6/5.0 |
4.6/5.0 |
Compare Personal Loan EMI of IDFC First Bank and Andhra Bank
Loan Amount | IDFC First Bank | Andhra Bank |
---|---|---|
₹ 1 Lakh | ₹ 2,149 | ₹ 2,071 |
₹ 5 Lakh | ₹ 10,744 | ₹ 10,355 |
₹ 10 Lakh | ₹ 21,489 | ₹ 20,710 |
₹ 12 Lakh | ₹ 25,787 | ₹ 24,852 |
Which is a better bank for Personal Loan – Andhra Bank or IDFC First Bank?
Andhra Bank offers lower Personal Loan EMI at Rs. 2071 for 60 Months compared to IDFC First Bank with a minimum EMI of Rs. 2149 for 60 Months. In addition, average customer ratings for Andhra Bank is currently at 4.6/5.0, making it a good choice for taking a Personal Loan.
How does Andhra Bank Personal Loan compare with IDFC First Bank Personal Loan?
It is important to make a detailed comparison of Andhra Bank and IDFC First Bank 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 – Andhra Bank or IDFC First Bank?
As per the current rates, Andhra Bank offers a lower interest rate of 8.90% on loans compared to IDFC First Bank, which offers a Personal Loan at 10.49%.
Know more about IDFC First Bank Personal Loan
Know more about Andhra Bank Personal Loan
Compare IDFC First Bank Personal Loan With Other Banks
Compare Andhra Bank 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%.
