Festive Offer :  Get gifts upto Rs 18,490 on disbursal. 
Refer to T&C  www.deal4loans.com/personalloanoffers.php 
Read below how these factors effect your Interest rates **
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.
Banks/Rates  Salaried  
CAT A  Per lac EMI (For 4 yrs.) 
CAT B  Per lac EMI (For 4 yrs.) 
Others  Per lac EMI (For others for 4 yrs.) 
Pre Payment Charges  Processing Fees  
ICICI Bank 
12.50%  15.75% (For Special Companies) 15.50% (Salary Above 75,000) 16% (Salary 50,000 75,000) 16.50% (Salary 35,000 50,000) 17% (Salary 20,000 35,000) 11.49%  14.99% (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
Rs.2658  Rs.2821 (For Special Companies) Rs.2808 (Salary Above 75,000) Rs.2834 (Salary 50,000 75,000) Rs.2860 (Salary 35,000 50,000) Rs.2886 (Salary 20,000 35,000) Rs.2608  Rs.2783 (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
16% (Salary Above 75,000) 16.50% (Salary 50,000 75,000) 17% (Salary 35,000 50,000) 17.50% (Salary 20,000 35,000) 11.49%  14.99% (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
Rs.2834 (Salary Above 75,000) Rs.2860 (Salary 50,000 75,000) Rs.2886 (Salary 35,000 50,000) Rs.2911 (Salary 20,000 35,000) Rs.2608  Rs.2783 (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
16% (Salary Above 75,000) 16.50% (Salary 50,000 75,000) 17% (Salary 35,000  50,000) 17.50% (Salary 20,000 35,000) 11.49%  14.99% (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
Rs.2834 (Salary Above 75,000) Rs.2860 (Salary 50,000 75,000) Rs.2886 (Salary 35,000  50,000) Rs.2911 (Salary 20,000 35,000) Rs.2608 (Special rates for Loan Amount b/w 5 lacs  20 lacs) 
Nil (For Loan amount >10 lacs & 12 EMI paid), else 5%  Rs.999 for Special offers otherwise 1%  2.5%  
HDFC Bank 
12.50%  14.75% (For Special Companies) 12.99% (For 50,000 & above salary) 13.99% (For 35,00050,000 salary) 17.85% (For 20,00035,000 salary) 17.90% (Below 20,000 salary) 11.49%  12.99% (Special Rates for Loan Amount b/w 10lacs  30lacs) 
Rs.2658  Rs.2770 (For Special Companies) Rs.2682 (For 50,000 & above salary) Rs.2732 (For 35,00050,000 salary) Rs.2930 (For 20,00035,000 salary) Rs.2932 (Below 20,000 salary) Rs.2608  Rs.2682 (Special Rates for Loan Amount b/w 10lacs  30lacs) 
12.99% (For 50,000 & above salary) 13.99% (For 35,00050,000 salary) 17.85% (For 20,00035,000 salary) 11.49%  12.99% (Special Rates for Loan Amount b/w 10lacs  30lacs) 
Rs.2682 (For 50,000 & above salary) Rs.2732 (For 35,00050,000 salary) Rs.2930 (For 20,00035,000 salary) Rs.2608  Rs.2682 (Special Rates for Loan Amount b/w 10lacs  30lacs) 
19.50% 
Rs.3016 
Nil (For Loan Amount > 10 lakhs with >Salary 75k) else 4%  Now : Rs 999 for Special offers otherwise 1%  2%  
Bajaj Finserv  15%  16% 
Rs.2783  Rs.2834 
16% 
Rs.2834 
16.50%  17% 
Rs.2860 
4%  Upto 2%  
Tata Capital 
13.90% (Salary above 1lakh) 14.35% (For 60,00099,000 salary) 16.50% (For 30,00060,000 salary) 17% (For 20,00030,000 salary) 12.50%  12.75% (For Tata Group Companies) 
Rs.2728 (Salary above 1lakh) Rs.2750 (For 60,00099,000 salary) Rs.2860 (For 30,00060,000 salary) Rs.2886 (For 20,00030,000 salary) Rs.2658  Rs.2670 (For Tata Group Companies) 
14.50% (Salary above 1lakh) 15% (For 60,00099,000 salary) 17% (For 30,00060,000 salary) 12.50%  12.75% (For Tata Group Companies) 
Rs.2758 (Salary above 1lakh) Rs.2783 (For 60,00099,000 salary) Rs.2886 (For 30,00060,000 salary) Rs.2658  Rs.2670 (For Tata Group Companies) 
17% (Salary above 1lakh) 15% (For 50,00099,000 salary) 17% (For 30,00060,000 salary) 12.50%  12.75% (For Tata Group Companies) 
Rs.2886 (Salary above 1lakh) Rs.2783 (For 50,00099,000 salary) Rs.2886 (For 30,00060,000 salary) Rs.2658 (For Tata Group Companies) 
Nill Foreclosure after 12 EMI's & Partial Payment Options without any charges.  Rs.999  
Kotak Bank 
14% (for 45,000 & above salary) 14.90% (For 30K  45K salary) 11.50% (Special Rates for Loan Amount More than 15 Lacs & salary more than 1 Lac) 
Rs.2733 (for 45,000 & above salary) Rs.2778 (For 30K  45K salary) Rs.2609 (Special Rates for Loan Amount More than 15 Lacs & salary more than 1 Lac) 
14.55% (45,000 & Above salary) 14.90% (for 30K 45K salary) 11.50% (Special Rates for Loan Amount More than 15 Lacs & salary more than 1 Lac) 
Rs.2760 (45,000 & Above salary) Rs.2778 (for 30K 45K salary) Rs.2609 (Special Rates for Loan Amount More than 15 Lacs & salary more than 1 Lac) 
15.15% (95,000 & Above salary) 16.15% (for 60k 95k salary) 17.15% (for 40K 60K salary) 19.65% (salary less than 40k) 
Rs.2791 (95,000 & Above salary) Rs.2842 (for 60k 95k salary) Rs.2893 (for 40K 60K salary) Rs.3024 (salary less than 40k) 
Nil for Loan amount > 10 Lakhs else 5%  
State Bank of India/SBI (SBI Saral)  12.60%  13.10% 
Rs.2663  Rs.2688 
13.60%  14.10% 
Rs.2713  Rs.2738 
14.60%  15.10% 
Rs.2763 
N.A  1.01% of the loan amount  
Fullerton India  21%  32% 
Rs.3097  Rs.3718 
21%  32% 
Rs.3097  Rs.3718 
21%  32% 
Rs.3097 
Zero after 3yrs (Otherwise 4%)  2%  
Standard Chartered Bank 
11.99% (For 75,000 & above salary) 12.99% (For 41,000  75,000 salary) 13.49% (Below 40,000 salary) 
Rs.2633 (For 75,000 & above salary) Rs.2682 (For 41,000  75,000 salary) Rs.2707 (Below 40,000 salary) 
11.99% (For 75,000 & above salary) 12.99% (For 41,000  75,000 salary) 13.49% (Below 40,000 salary) 
Rs.2633 (For 75,000 & above salary) Rs.2682 (For 41,000  75,000 salary) Rs.2707 (Below 40,000 salary) 
11.99% (For 75,000 & above salary) 12.99% (For 41,000  75,000 salary) 13.49% (Below 40,000 salary) 
Rs.2633 (For 75,000 & above salary) Rs.2682 (For 41,000  75,000 salary) Rs.2707 (Below 40,000 salary) 
1%  0%  0.50%  
HDBFS 
16% (for 75,000 & above salary) 17% (For 35,000  75,000 salary) 18% (Below 35,000 salary) 
Rs.2834 (for 75,000 & above salary) Rs.2886 (For 35,000  75,000 salary) Rs.2937 (Below 35,000 salary) 
16% (for 75,000 & above salary) 17% (for 35,000  75,000 salary) 18% (below 35,000 salary) 
Rs.2834 (for 75,000 & above salary) Rs.2886 (for 35,000  75,000 salary) Rs.2937 (below 35,000 salary) 
17% (for 75,000 & above salary) 18% (for 35,000  75,000 salary) 21% ( below 35,000 salary) 
Rs.2886 (for 75,000 & above salary) Rs.2937 (for 35,000  75,000 salary) Rs.3097 ( below 35,000 salary) 
NIL for Select Corporates Employees (CAT A & B) 4% For Rest  1%  2%  
Citibank  11.49%  16.50% 
Rs.2608  Rs.2860 
Upto 3%  Upto 2.00%  
IndusInd Bank 
12.99% (for 1 5 Lac & above loan Amount (for 1 Lac & above salary)) 13.50% (For 1 Lac & above Salary ) 14.50% (For 50,000 1 Lac Salary) 15% (Below 50,000) 
Rs.2682 (for 1 5 Lac & above loan Amount (for 1 Lac & above salary)) Rs.2708 (For 1 Lac & above Salary ) Rs.2758 (For 50,000 1 Lac Salary) Rs.2783 (Below 50,000) 
13.49% (for 1 5 Lac & above loan Amount (for 1 Lac & above salary)) 14.25% (For 1 Lac & above Salary ) 15% (For 50,000 1 Lac Salary) 15.75% (Below 50,000 salary) 
Rs.2707 (for 1 5 Lac & above loan Amount (for 1 Lac & above salary)) Rs.2745 (For 1 Lac & above Salary ) Rs.2783 (For 50,000 1 Lac Salary) Rs.2821 (Below 50,000 salary) 
18% (For 1 Lac & above Salary ) 18.50% (For 50,000 1 Lac Salary) 19% (Below 50,000 salary) 
Rs.2937 (For 1 Lac & above Salary ) Rs.2964 (For 50,000 1 Lac Salary) Rs.2990 (Below 50,000 salary) 
Nil for Loan Amount above 10 Lakhs else 4% (Salary >75k)  1%  2%  
Axis Bank 
15% (For Super CAT A) 16% (For CAT A) 
Rs.2783 (For Super CAT A) Rs.2834 (For CAT A) 
17% 
Rs.2886 
19%  20% 
Rs.2990 
Nil  2%  
Andhra Bank  15.75%  16.75% 
Rs.2821  Rs.2873 
16.75%  18.75% 
Rs.2873  Rs.2977 
Rs250  Rs1000/  
Bank of Baroda  14.75% 
Rs.2770 
14.75% 
Rs.2770 

Corporation Bank 
14.50% ((undertaking letter required) ) 
Rs.2758 ((undertaking letter required) ) 
N.A 
Rs.2126  Rs.2126 
N.A 
Rs.2126 
N.A  N.A  
United Bank Of India 
16% (12%(For pensioners)) 
Rs.2834 (12%(For pensioners)) 
16%  18% (12%(For pensioners)) 
Rs.2834  Rs.2937 (12%(For pensioners)) 
16%  18% (12%(For pensioners)) 
Rs.2834 (12%(For pensioners)) 
N.A.  N.A.  
Vijaya Bank  16% 
Rs.2834 
N.A 
Rs.2126 
N.A 
Rs.2126 
N.A.  N.A.  
Indian Bank  13.70%  14.20% 
Rs.2718  Rs.2743 
13.70%  14.20% 
Rs.2718  Rs.2743 
13.70%  14.20% 
Rs.2718 
N.A  0.50% on the loan amount with min of Rs 500/  
Bank of India  15% 
Rs.2783 
15% 
Rs.2783 
15% 
Rs.2783 
N.A  2%  
Canara Bank  14.95% 
Rs.2781 
14.95% 
Rs.2781 
14.95% 
Rs.2781 
N.A  0.25 %  



*Terms & conditions apply  
Where
Top 5 factors that effect your Personal Loan interest rates:1.Income: If your Income is above a certain limit, Banks believe that your chances of not paying are lesser as you have Income to pay. Most Banks have categories according to income where they give different rates.As your monthly income goes higher the rate of interest on your personal loan will be lesser.The rates are defined for customers who have income between twenty thousand to fifty thousand and fifty thousand to seventy five thousand.If you have income above seventy five thousand you will get lower rates. 2.Your Company Status: Banks define Companies in 34 categories.These are Cat A or Elite or Top 500 companies Cat B Cat C Others Anyone working in these companies can take Personal loan from Banks.The better category of your company will mean lower rate of interest. Banks classifies these companies on the size of company and reputation. Banks believe working customers with better category companies are less likely to default so they give lesser rates to Cat A companies. So if your company is new and not Categorized in the Banks you are likely to get a higher rate or no loan from the Banks. So all start up company employees expect that your Personal loan will come at a higher rate or you can be refuse. 3.Credit and Payment History: Banks follows Cibil scores/rating before deciding giving loans. If your payments for Credit Cards and Loans is not upto mark , you have the most likely chance of being rejected for the loan or the Bank will give you at a much higher rate. Cibil score is in the range of 0900. Most Banks prefer customers for Personal loan with score above 750 and if your score is above 800 you can expect a .25% basis drop on your rate for the Personal loan. 4.Relationship with your Bank: The Bank where you have your Salary account/Savings account is likely to pass on you to some special rate for your personal Loans or Processing fee. Banks want to retain there customers and will go all out to give lower rates for Personal loan customers who have accounts or Credit Card with them. Banks have special schemes for rates of interest for Perosnal loan for all it's customers. So when you are considering to take the lowest rate Personal loan you should always check with the bank in which you are holding your salary account. 5.Individuals Negotiation Skills: Based on your above information you can always ask Bank to give you special waivers on Interest Rates, Fees, etc. Factors effecting Self Employed customer for Personal loan rates:
