PERSONAL LOANS 5 BANKS OFFERING LOWEST PERSONAL LOAN INTEREST RATES

Before finalizing a personal loan, it's prudent to compare the interest rates offered by various lenders to find the most suitable option for your requirements.

Here are some banks offering the lowest interest rates on personal loans:

HDFC Bank offers personal loans with an annual interest rate ranging from 10.75% to 24%, processing fees of 84,999 plus GST, loan tenure spanning 3 to 72 months, and a maximum loan amount of 740 lakh.

ICIC Bank imposes an annual interest rate ranging from 10.65% to 16% on loans, with loan processing charges amounting to up to 2.50% of the loan amount plus applicable taxes.

ICIC Bank imposes an annual interest rate ranging from 10.65% to 16% on loans, with loan processing charges amounting to up to 2.50% of the loan amount plus applicable taxes.

State Bank of India offers loans starting from an 11.15% interest rate and extends loans up to 720 lakh, even to non-SBi account holders.

Kotak Mahindra Bank provides personal loans ranging from $50,000 to 740 lakh at an interest rate starting from 10.99%, with processing charges up to 3% of the loan amount plus applicable taxes.

PNB applies interest rates ranging from 12.40 to 17.25% on personal loans, with the lowest rate for defence personnel at 12.40% and for government employees at 12.75%, determined by credit score.