Compare IndusInd Bank vs IDFC First Bank Personal Loan
Bank |
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
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
Kotak Bank
RBL Bank
IIFL
HDB Financial
Syndicate Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Muthoot
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 10.49% - 20.00% |
10.49% - 22.00% |
Processing Fees | Processing Fees Min 0.75% to Max 1.75% |
Upto 2.00% |
Loan Amount | Loan Amount ₹ 50,000 to ₹ 25 Lakh |
₹ 1 Lakh to ₹ 40 Lakh |
Loan Tenure | Loan Tenure 12 to 60 Months |
12 to 60 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 2,149 |
₹ 2,149 |
Part Payment Charges | Part Payment Charges Not Allowed |
Allowed after 3 months at In case of Smart Personal Loan at Nil Charges |
Foreclosure Charges | Foreclosure Charges Allowed after 12 months at 4% |
Allowed after 12 months at 5% foreclosure charges. Can foreclose after 3 months in case of smart personal loan |
Eligible Age | Eligible Age 21 to 60 Years |
23 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 |
12 Months |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.5/5.0 |
4.6/5.0 |
Compare Personal Loan EMI of IndusInd Bank and IDFC First Bank
Loan Amount | IndusInd Bank | IDFC First Bank |
---|---|---|
₹ 1 Lakh | ₹ 2,149 | ₹ 2,149 |
₹ 5 Lakh | ₹ 10,744 | ₹ 10,744 |
₹ 10 Lakh | ₹ 21,489 | ₹ 21,489 |
₹ 12 Lakh | ₹ 25,787 | ₹ 25,787 |
Which is a better bank for Personal Loan – IDFC First Bank or IndusInd Bank?
IDFC First Bank and IndusInd Bank offer Personal Loan at the same rate of interest starting from 10.49%. Lowest EMI of IDFC First Bank is Rs. 2149 for a maximum tenure of 60 Months. Lowest EMI of IndusInd Bank is Rs. 2149 for a maximum tenure of 60 Months.
How does IDFC First Bank Personal Loan compare with IndusInd Bank Personal Loan?
It is important to make a detailed comparison of IDFC First Bank and IndusInd 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 – IDFC First Bank or IndusInd Bank?
The lowest interest rate for both IDFC First Bank and IndusInd Bank on loans currently starts from 10.49%. Hence, both banks are a good choice for potential borrowers.
Know more about IndusInd Bank Personal Loan
Know more about IDFC First Bank Personal Loan
Compare IndusInd Bank Personal Loan With Other Banks
Compare IDFC First Bank Personal Loan With Other Banks
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