Personal Loan Rates

Personal Loan interest rates are agreed upon on the basis of certain factors, all of which primarily underline your ability to pay back the loan amount in time. Still various banks offer various Personal Loan rates in Delhi. In order that you get hold of the best interest rates in Delhi, Deal4Loans has accumulated all the best interest rates of various banks at one place. Compare them and choose the one that serves you in the best way.

 

Banks/Rates Salaried
CAT A CAT B Others Pre Payment Charges Processing Fees Apply
ICICI Bank 14% - 14.75%
(For Special Companies)

15.5%
(Salary Above 75,000)
16 %
(Salary 50,000 -75,000)
17 %
(Salary 30,000 -50,000)
18.25%
(Salary 20,000 -30,000)
18.5%
(Less Than 20,000)
 
15.5%
(Salary Above 75,000)
16 %
(Salary 50,000 -75,000)
17 %
(Salary 30,000 -50,000)
18.25%
(Salary 20,000 -30,000)
18.5%
(Less Than 20,000)
15.5%
(Salary Above 75,000)
16 %
(Salary 50,000 -75,000)
17 %
(Salary 30,000 - 50,000)
18.25%
(Salary 20,000 -30,000)
18.5%
(Less Than 20,000)
5% 2% - 2.25%
HDFC Bank 13.99% - 14.75%
(For Special Companies)

15.75%
(for 75,000 & above salary),
16.25%
(for 50,000-75,000 salary),
17.25%
(for 35,000-50,000 salary),
19.25%
(below 35,000 salary)
15.75%
(for 75,000 & above salary),
16.25%
(for 50,000-75,000 salary),
17.25%
(for 35,000-50,000 salary),
19.25%
(below 35,000 salary)
22.25% 4% 0.8% - 1.75%
(for Special Companies)

2% (HDFC Account holder)- other wise 2.5%
Bajaj Finserv 15.75% 16% 16.5% - 17% Nil 2% - 2.5%
ING Vysya 14.50%
(for 75,000 & above salary),

15.75%
(for 40,000 - 75,000 salary),

17.25%
(for 30,000 - 40,000 salary)

0.5% Waiver for Ing Salary Account Holder
14.75%
(for 75,000 & above salary),

16.25%
(for 40,000 - 75,000 salary),

17.25%
(for 30,000 - 40,000 salary)

0.5% Waiver for Ing SalaryAccount Holder
 
16.25%
(for 75,000 & above salary),

16.75%
(for 40,000 - 75,000 salary),

18.25%
(for 25,000 - 40,000 salary)

0.5% Waiver for Ing Salary Account Holder
 


Nil Foreclosure Charges Special Offer. Valid till(30th April 13)
1.5% (For ING Salary Account Holder), other wise 1.75% - 2%
Kotak Bank 15% 16.5% 18%-19% 4% 2%
State Bank of India/SBI
(SBI Saral)
18.25%
18.25%
18.25%
N.A N.A  
Fullerton India 21% - 32% 21% - 32% 21% - 32% 4% 2%
Standard Chartered Bank 16% - 17% 17% - 18% 19% - 22% 2%-5% 2%
HDBFS 16%
(for 75,000 & above salary),
17%
(for 35,000 - 75,000 salary),
18%
( below 35,000 salary)
16%
(for 75,000 & above salary),
17%
(for 35,000 - 75,000 salary),
18%
( below 35,000 salary)
17%
(for 75,000 & above salary),
18%
(for 35,000 - 75,000 salary),
21%
( below 35,000 salary)
NIL for Select Corporates Employees (CAT A & B) 4% For Rest 1% - 2%
Citibank 16%
( upto 30,000 salary),
15%
(above 30,000 salary)
17%
( upto 30,000 salary),
16%
(above 30,000 salary)
17%
( upto 30,000 salary),
16%
(above 30,000 salary)
3% 1% - 2%  
Axis Bank 15% (For Super CAT A),
16% (For CAT A)
17% 19% - 20% Nill 2% & Prepayment Charges Nil  
Andhra Bank 15.75%-16.75%
16.75%-18.75% N.A. N.A. Rs250-Rs1000/-  
Bank of Baroda 14.75% 14.75% N.A. N.A. 2%  
Corporation Bank 14.5%
(undertaking letter required)
N.A. N.A. N.A. 1.50% of the loan amount or Rs.500/-  
United Bank Of India 16%
12%(For pensioners)
16%-18%
12%(For pensioners)
16%-18%
12%(For pensioners)
N.A. N.A.  
Vijaya Bank 16% N.A. N.A. N.A. N.A.  
Transfer your personal loan to HDFC Bank As Low As 12.99% Flat Processing Fee of Rs 999/-

 

References:

CAT A – Category A: Top 1000 companies

CAT B – Category B: Multi national Companies (MNCs)

CAT C – Category C: Small Companies

Non Listed                : Small Companies with 100(or less) Employees

Loan Surrogates      : Having Currently Active Loan from any Bank

 

* Please note that the interest rates given here are based on the market research. To make comparisons easy certain information has been restructured/reorganized. Please make sure to check the information with the individual Bank before moving further.

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

 

Factors Influencing Interest Rates

Income : Banks tend to impose a certain limit corresponding to various Interest Rates. Applicants with higher income naturally end up getting minimum Interest Rates.

 

 Employer Status : Working for a well known corporate organization has its benefits. Being employed at a reknown Organization, boosts the chances of getting a lower Interest Rate.


Credit and Payment History : CIBIL scores provide banks with a decent idea of your credit history. The higher your CIBIL Score higher the chances of getting a Loan at Low Interest Rates. Meanwhile low CIBIL scores can lead to even rejection of application.

 

Relationship with Bank : The Bank with which the applicant has a Personal Account is likely to offer lower Interest Rates, considering the association with the bank.

Apply Now