Everything You Need to Know About All Banks Personal Loan Interest Rates

If you have already availed a personal loan, you must be aware with all the important parameters one should always keep in mind. But, if you are someone who is going to avail the loan for the first time, article is worth reading for you. When it comes to availing this credit facility, it would not be wrong to say that there are many leading lenders, banks as well as NBFCs are available in the marketplace, best known for offering you the same. Now, here comes the big question, how to select the best lender? How do you know which lender is offering you the best deal? What are the points you need to keep in mind while selecting the lender which is best for you? Well, all this and much more is answered in the article below…

Before we move ahead, it's important to talk about All banks Personal loan interest rates because without mentioning the same, it would be difficult for you to understand the same. As we have already mentioned that there are many lenders, offering you the same credit facility but you only need to go with the one which is trustworthy and have a respectable imagine. However, to solve this problem of yours, in this article we are going to discuss about the top banks offering personal loan to you and at what interest rate so that you can easily choose the best lender. So without wasting any time further, let’s get started and discuss about these lenders in the article below….

SBI: If we talk about this bank, being of the prime lenders in the country, it would not be wrong to say that it offers a personal loan to meet your needs in the best possible way. This lender offers this credit facility at a rate of 11.90%-15% per annum. So, before you avail the same, it is important that you should also be aware of that so that you can get the best deal in the future.

ICICI: Another prominent name in the banking arena is ICICI which also offers this credit facility to the individuals at the rate of 11.29% -22% per annum. No matter what all personal needs you have, this lender ensures to meet all your needs by offering you this credit at the above mentioned rate.

HDFC: Now what should we say about HDFC. This reputed bank by offering this credit facility at an interest rate of 15.75%-20% per annum makes sure that all its esteemed customers can easily fulfill their personal needs. This bank got you covered for all the reason and with its quick and easy process it makes your journey smooth.

Bajaj Finance: Being a Non Banking Financial Company(NBFC), there is no denying the fact that, Bajaj Finance is also ruling the game by offering the personal loan at 12.75% onwards. With minimal documentation and quick and easy process, there is no denying the fact that this financial firm is also the favorite of many.

Kotak Mahindra Bank: With rich experience and years of expertise in the financial world, many of you will surely agree on the fact that this bank does not need an introduction. It is best known for offering the credit at an interest rate of 11.50%-24% per annum to cater the multiple needs of one and all.

Axis Bank: A bank which always comes handy to meet all your personal needs in the best way is none other than Axis. If we talk about the interest rate being offered by the bank, it offers the credit facility to the borrowers at 15.50%-24% per annum so as to meet the diverse needs of the people.

Well, now that you know about all banks Personal loan interest rates, I guess it would be an easy and smooth journey for you as far as choosing the best lender is concerned. You just need to go through the rates offered by these leading banks before saying yes to anyone. You can compare the lenders in terms of their rates and hence can easily decide the best lender, offering you the best deal for a personal loan.