All about Personal Loan Interest Rate

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Personal Loan Interest Rate
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Personal Loan Interest Rate

• The Personal Loan Interest Rate varies from
  lender to lender.
• It also depends upon the borrowers profile.
• People having good credit score can avail
  personal loan at a low-interest rate.
• People who have an average credit score will have
  to give more interest on his loan amount. 

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Personal Loan Interest Rate Comparison Table
Name of the Bank Interest Rate per annum Loan Amount
Yes Bank 10.75 - 16.99 ?1 lakh - ?25 lakhs
ICICI Bank 10.99 - 16.75 ?50k - ?25 lakhs
HDFC Bank 11.25 - 20.00 ?50k - ?40 lakhs
Kotak Bank 10.99 - 24.00 ?1 lakh - ?30 lakhs
Tata Capital 10.99 - 19.00 ?75k - ?20 lakhs
IndusInd Bank 10.99 - 20.00 ?1 lakh - ?20 lakhs
IDFC First Bank 11.69 - 15.00 (Balance Transfer rates starts from 11.50) ?1 lakh - ?20 lakhs
Bajaj Finserv 10.99 - 16.00 ?1 lakh - ?20 lakhs
IIFL 12.99 - 20.00 ?1 lakh - ?20 lakhs
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Personal Loan Interest Rate Comparison Table

• The standard Personal Loan Interest Rate of
  different banks and NBFCs have been mentioned in
  the previous slide.
• The actual interest rate on your personal loan
  depends on your repaying capacity and other
  eligibilities set by bank.

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