Top 10 personal loan offers in India for 2025, Interest rates, Fees, and Eligibility compared

October 1, 2025 by News Desk

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With rising financial needs in India, personal loans remain a popular option for everything from home improvements to medical emergencies. Experts recommend comparing interest rates, processing fees, loan amounts, and eligibility before applying.

Here is a breakdown of the top 10 personal loan offers from banks and NBFCs in India for 2025, highlighting key features for borrowers.

Top 10 Personal Loan Offers

Bank / NBFC	Interest Rate (p.a.)	Processing Fee	Loan Amount	Tenure	Best For	Key Notes
HDFC Bank	10.50% – 21.00%	1–2%	₹50,000 – ₹40 lakh	12–60 months	Salaried professionals, high-value loans	Quick disbursal for existing customers
SBI	9.60% – 20.50%	1–2%	₹50,000 – ₹20 lakh	12–60 months	Government employees, low-rate loans	Attractive for good credit scores
ICICI Bank	10.99% – 21.00%	1–2%	₹50,000 – ₹25 lakh	12–60 months	Salaried & self-employed	Offers instant approval for select customers
Axis Bank	11.00% – 24.00%	1–2%	₹50,000 – ₹30 lakh	12–60 months	Salaried borrowers	Flexible EMIs and prepayment options
Bajaj Finserv	11.99% – 24.00%	1–2%	₹50,000 – ₹25 lakh	12–60 months	Quick online loans	Disbursal within 24 hours for verified applications
Tata Capital	11.50% – 23.00%	1–2%	₹50,000 – ₹20 lakh	12–60 months	Salaried & self-employed	Easy documentation
IDFC First Bank	11.25% – 21.50%	1–2%	₹50,000 – ₹20 lakh	12–60 months	Salaried borrowers	Offers flexible EMIs and low processing fees
Kotak Mahindra Bank	11.00% – 23.00%	1–2%	₹50,000 – ₹25 lakh	12–60 months	Salaried & professionals	Instant loan approval for select customers
Indiabulls Dhani	13.00% – 24.00%	1–2%	₹50,000 – ₹20 lakh	12–60 months	Quick online loans	Fast disbursal via app
Fullerton India	12.50% – 24.00%	1–2%	₹50,000 – ₹20 lakh	12–60 months	Salaried & self-employed	Suitable for borrowers with moderate credit

Note: Interest rates are indicative and may vary based on credit profile, income, and tenure.

Advice for Borrowers

Financial experts suggest the following before applying:

Check credit score: Higher scores get lower interest rates.
Compare net costs: Factor in processing fees and prepayment charges.
Evaluate loan tenure: Longer tenure lowers EMI but increases total interest.
Opt for online pre-approval: Some lenders offer instant disbursal for verified applications.

The Indian personal loan market in 2025 offers borrowers multiple options across banks and NBFCs. HDFC Bank, SBI, ICICI, Bajaj Finserv, and Tata Capital are among the top choices offering competitive interest rates, flexible tenures, and quick disbursal. Borrowers should carefully compare offerings and read the fine print to secure the most cost-effective loan.