Compare, Choose & Apply Instantly
💡 In 2025, personal loans are easier than ever. With just your Aadhaar, PAN, and salary proof, you can get instant approval within minutes. Many banks and NBFCs in India offer competitive rates starting as low as 9% per annum.
Personal loans are unsecured, meaning you don’t need to provide collateral. They are the fastest way to meet urgent financial needs such as medical emergencies, weddings, travel, debt consolidation, or even small business requirements. Applying online eliminates paperwork, reduces waiting time, and provides transparent tracking.
Below are the top banks and financial institutions offering affordable personal loans in India:
Interest Rate: 10.50% – 21%
Loan Amount: ₹50,000 – ₹40 Lakhs
Processing Fee: Up to 2.5%
Highlights: Pre-approved offers for existing customers, flexible repayment up to 6 years.
Interest Rate: 10.65% onwards
Loan Amount: Up to ₹25 Lakhs
Tenure: 1–6 years
Highlights: Quick processing, balance transfer facility, and EMI calculator support.
Interest Rate: 10.49% onwards
Loan Amount: ₹50,000 – ₹25 Lakhs
Tenure: 1–5 years
Highlights: Minimal documentation and instant eligibility check.
Interest Rate: 11% onwards
Loan Amount: ₹25,000 – ₹20 Lakhs
Tenure: 6 months – 6 years
Highlights: Special rates for government employees and existing account holders.
Interest Rate: 11% onwards
Loan Amount: Up to ₹25 Lakhs
Highlights: 100% online process, flexible repayment, instant approval with Aadhaar OTP.
If you borrow ₹5,00,000 at 10% interest for 5 years, your EMI will be approx ₹10,624/month. Always use a loan EMI calculator before applying.
Disclaimer: This page is for informational purposes only. Loan eligibility, interest rates, and terms vary across banks and financial institutions. Always verify details on the official bank website before applying.