HDFC Vs ICICI Personal Loan 2024 – Instant Online Approval
HDFC Bank and ICICI Bank are both aggressive in disbursing personal loans. You can compare the both banks on the basis of Interest Rates, Processing Fees, Prepayment Charges, Loan Disbursal Time and Documents with loan process.
Compare HDFC and ICICI Bank Personal Loan
| Interest Rates |
11.49% to 19.50% |
11.99% to 18.50% |
| Loan Amount |
Rs.50,000 to Rs.40 lacs |
Rs.50,000 to Rs.20 lacs |
| Processing Fees |
0.8% – 1.75% (for special companies), 2% (HDFC AC holder), 2.5% for others |
2% to 2.25% |
| Pre Payment Charges |
4% |
5% |
For a customer to decide upon which Bank to choose he needs to check eligibility for both Banks and check the rates they are ready to offer him based on his profile. In personal loan EMI quotes can change from person to person on the basis of profile, company, Cibil score so before making a decision, inquire and get EMI quote from both banks. Based on the EMI quotes and other fees one need to decide which bank he needs to take the personal loan for.
HDFC Bank and ICICI quotes can be availed from us at free of cost and we recommend customers to make their own decision based on EMI, Interest Rates and other charges. Unlike Home loan where rates are floating , in Personal loans rates are fixed so once taken a loan EMI will remain same , and hence no difference will it make to customers.
