Get Cheapest Personal Loan in India with lowest Interest rates
Cheapest Personal Loan: Compare and Apply for Low Interest Rates personal loans in India. Find the best deals online with deal4loans & choose the bank according to your convenience.
Cheapest Personal loans Available from various banks 2024
| ICICI Bank Personal Loan | 10.99 – 16.50% |
| Kotak Personal Loan | 10.50 – 17.25% |
| Standard Chartered Personal Loan | 11.00 – 12.50% |
| HDFC Personal Loan | 10.75% – 14.50% |
| Bajaj Finserv Personal Loan | 11.99% onwards |
| IndusInd Bank Personal Loan | 11.25% onwards |
| SBI Personal Loan | 9.60% – 15.05% |
| Citibank Personal Loan | 10.99% |
| Tata Capital Personal Loan | 11.25% – 19% |
| SMFG India Personal Loan | 11.99 – 26.00% |
| Clix Capital Personal Loan | 12.00 – 24.00% |
Cheapest Personal Loan Processing Fees / Prepayment Charges
| Banks | Processing Fee | Pre Payment Charges |
| Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
| ICICI Bank | 1999 to 2.50% | Zero or 5.00% |
| Axis Bank | 2.00% | Nil |
| Kotak | 1.5 – 2.00% | 5.00% |
| HDFC Bank | 0.8% – 2.00% | 4.00% |
| SMFG India | 2.00% | Upto 7.00%, 0% after 3 year |
| Standard Chartered |
NIL (Zero) | Upto 2.00% of loan amount |
Cheapest personal loans are those loans which are available on lowest interest rates than market rates. For getting lower interest rates on personal loans better to opt from outside or private financiers. All private financier offers loans at around 1.5 % per month rate. In private finance you have freedom to pay the whole amount at one go but in Banks you have to pay penalty on prepayment of loan before time.
