Personal Loan Interest Rates 2026

Compare personal loan interest rates, processing fees, and tenure across SBI, HDFC, ICICI, Axis, Bajaj Finserv and all major banks. Updated weekly.

BankInterest RateProcessing FeeNotes
Axis Bank8.75–21.55%Up to 2%Instant approval for Axis salary account holders
IndusInd Bank10.49%1–3%Wide rate band; competitive for 750+ CIBIL
Yes Bank10.85–21.00%Up to 2%Longest tenure option available
HDFC Bank10.50–21.00%Up to 2.5%Xpress Loan — 10 second in-principle approval
ICICI Bank10.65–16.00%Up to 2.5%Instant for pre-approved customers
IDFC First9.99%Up to 3.5%Fully digital; fast disbursal
Kotak Mahindra10.99–16.99%Up to 3%Quick disbursal via Kotak 811
SBI10.00–15.00%1–2%SBI Xpress Credit; best for govt/PSU employees
Bank of Baroda11.05–17.05%Up to 2%Baroda Personal Loan; longer tenure
Punjab National Bank10.25%Up to 1.5%Lower rate for salary account holders
Bajaj Finserv11.00–35.00%Up to 4%Flexi loan option; highest flexibility on tenure
Tata Capital10.99%Up to 3%Good for self-employed & business owners