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.
| Bank | Interest Rate | Processing Fee | Notes |
|---|---|---|---|
| Axis Bank | 9.99–22.00% | Up to 2% | Advertised range; instant approval for Axis salary account holders |
| IndusInd Bank | 10.49% onwards | Up to 3.5% | Wide rate band; competitive for 750+ CIBIL |
| Yes Bank | 10.85–21.00% | Up to 2.50% | Rate and tenure not re-verified in Nov 2026; check Yes Bank rate page |
| HDFC Bank | 9.99–24.00% | Up to ₹6,500 + GST | Xpress Loan — 10 second in-principle approval |
| ICICI Bank | 9.99–16.50% | Up to 2% + taxes | Instant for pre-approved customers |
| IDFC First | 9.99% | Up to 3.5% (nil on some loans) | Fully digital; fast disbursal |
| Kotak Mahindra | 10.99% onwards | Up to 5% + taxes | Quick disbursal via Kotak 811 |
| SBI | 10.00–15.00% | 1.50% + GST (₹1,000–15,000) | SBI Xpress Credit; fee waivers for govt staff and CIBIL 800+; upper rate not published, confirm with the bank |
| Bank of Baroda | 10.40–17.75% | 1–2% + GST (₹1,000–10,000) | Baroda Personal Loan; longer tenure |
| Punjab National Bank | 10.50% onwards | 1.00% + ₹270–450 documentation + GST | Lower rate for salary account holders |
| Bajaj Finserv | 10.00–30.50% | Up to 4.13% incl. taxes | Flexi loan option; highest flexibility on tenure |
| Tata Capital | 10.99–33.00% | Up to 5% + GST | Good for self-employed & business owners |