Compare RBL Bank vs HDFC Bank Personal Loan
Bank |
SBI
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Karur Vysya Bank
Muthoot
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
Syndicate Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Corporation Bank
Bank of Baroda
Standard Chartered Bank
Yes Bank
Cashe
Axis Finance
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak 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 14.00% - 23.00% |
11.00% - 22.00% |
Processing Fees | Processing Fees Upto 3.5% |
Upto 2.50% Min ₹ 999 |
Loan Amount | Loan Amount ₹ 1 Lakh to ₹ 20 Lakh |
₹ 50,000 to ₹ 75 Lakh |
Loan Tenure | Loan Tenure 12 to 60 Months |
12 to 60 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 2,327 |
₹ 2,174 |
Part Payment Charges | Part Payment Charges Not Allowed |
Allowed after 12 months at 2-4% |
Foreclosure Charges | Foreclosure Charges Allowed after 18 months at 3%-5% |
Allowed after 12 months at 2 - 4% |
Eligible Age | Eligible Age 25 to 60 Years |
21 to 60 Years |
Minimum Income | Minimum Income ₹ 25,000 |
₹ 25,000 |
Current Work Experience | Current Work Experience 12 Months |
1 Month |
Total Work Experience | Total Work Experience 36 Months |
1 Month |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.5/5.0 |
4.5/5.0 |
Compare Personal Loan EMI of RBL Bank and HDFC Bank
Loan Amount | RBL Bank | HDFC Bank |
---|---|---|
₹ 1 Lakh | ₹ 2,327 | ₹ 2,174 |
₹ 5 Lakh | ₹ 11,634 | ₹ 10,871 |
₹ 10 Lakh | ₹ 23,268 | ₹ 21,742 |
₹ 12 Lakh | ₹ 27,922 | ₹ 26,091 |
Which is a better bank for Personal Loan – HDFC Bank or RBL Bank?
HDFC Bank offers lower Personal Loan EMI at Rs. 2174 for 60 Months compared to RBL Bank with a minimum EMI of Rs. 2327 for 60 Months. In addition, average customer ratings for HDFC Bank is currently at 4.5/5.0, making it a good choice for taking a Personal Loan.
How does HDFC Bank Personal Loan compare with RBL Bank Personal Loan?
It is important to make a detailed comparison of HDFC Bank and RBL 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 – HDFC Bank or RBL Bank?
As per the current rates, HDFC Bank offers a lower interest rate of 11.00% on loans compared to RBL Bank, which offers a Personal Loan at 14.00%.
Know more about RBL Bank Personal Loan
Know more about HDFC Bank Personal Loan
Compare RBL Bank Personal Loan With Other Banks
Compare HDFC 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%.
