Best Personal Loans in India
Best Personal Loans in India
Personal Loans need many people because of in Morden time all person carry financial expenditure load. like
Mobile Expenditure Rs 500 per month
Cable TV Expenditure Rs 1000 to 1500 per month
Electricity Expenditure Rs. 2,000 to 7,000 Per Month
Rent Expenditure Rs, 10,000 to 25,000 per month
Car or Bike Expenditure Rs. 5000 to 20,000 per month
Children School Expenditure Rs5000 to 20000 per month
In such situation there is no saving to any person. When any extra work arise then need personal loan form financial Institutions or Banks. Personal Loans allow to borrow money for any purpose like Marriage, education , or other social responsibility. Personal loan interest rate and eligibility may vary from bank to bank. Personal loan interest rate start from 11% to 18% however there is no collateral security against such loan. If you fail to pay instalment than there is heavy penalty Rs1000 to 5000 plus GST Rate 18% on such penalty and your bank also impose penalty Rs,500 or more depend on bank.
The best personal loans is that where lower overall cost of loan. Personal loan can apply by fill a simple form.
Cost of personal loan
Interest Rate
Processing Fee
Penalty on instalment dishonour
Penal interest on default instalment
Prepayment penalties
Many bank interest rate are given below
| S No. | Bank | Interest Rates |
| 1. | Kotak Bank | 10.25% |
| 2. | HDFC Bank | 10.25% |
| 3. | ICICI Bank | 10.25% |
| 4. | Axis Bank | 10.49% |
| 5. | IDFC Bank | 10.49% |
| 6. | Tata Capital | 10.49% |
| 7. | IndusInd Bank | 10.49% |
| 8. | Yes Bank | 10.70% |
| 9. | Standard Chartered Bank | 11.50% |
| 10. | Fullerton India | 11.99% |
| 11. | Bajaj Finserv | 12.99% |
| 12. | Money Tap | 13% |
| 13. | Paysense | 15.96% |
| 14. | Finnable | 18.99% |
| 15. | ASU bank | 18.99% |
| 16 | BOB | 18.99% |
| 17. | SBI | 18.99% |