Compare Interest Rates for Personal Loans

Personal loan rates in India depend on various criteria, one being the income level. Different banks have different classifications based on which interest rates are calculated. To start with whether you are working for an employer (salaried) or you are an employer yourself (self – employed). Other factors on which interest rates depend are as follows: -

• Loan Amount. • Category in which the employer lies. • Income level. • Credit and Payment history. • Relationship with the Bank you intend to take loan from. • Individual’s Negotiating Ability.

To help its customers get the best interest rates on personal loans deal4loans has consolidated all the information regarding latest rate of interests at one place. Please keep visiting this section to get updated rates of interests on personal loans.

	Salaried				Self-Employed		Loan Surrogate
	CAT A	CAT B	CAT C	Non Listed	Professional	Non Professional
HSBC	14-18%	NA	NA	20-25%	18-21%	21-23%	21-23%
Kotak	14-15%	15-16.5%	16.5-18%	16.5-18%	16%	20-23%	19-20%
SBI	16%	16%	16%	16%	16%	16%	NA
Citibank	15.5%-17%	16.5%-19%	NA	16-19%	16%	16.5%-23%	18-21%
ICICI bank	16%-19%	19%-21%	18%	21%	18%	21%	18-19%
HDFC bank	15-16.5%	18%	19%	20-22%	19%	19-22%	19%
Standard Chartered	15%	17%	17%	18%	17%	18%	18%
Centurion Bank of Punjab	17-18%	19%	21%	NA	16-17%	19-20%	19-20%
Barclay's	18%	20%	21%	NA	20%	19.5%-24%	19-21%
ING Vysya	14.5%-16%	19%-23%	19%	19-21%	19%	20%	20%
Reliance	17%	20%-22%	18%	18-20%	18%	19.5%-23%	18-20%

Where
CAT A refers to	- Top 1000 companies
CAT B refers to	- Multi National Companies( MNC's )
CAT C refers to	- Small companies
Non Listed refers to	- Smaller companies with 100 emloyees.
Loan Surrogates refers to	- Any running loan from any bank

Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

Banks/ Financial Institutions can contact us at customercare@deal4loans.com for inclusions or updates.