A snapshot of personal loan rates offered by various firms with details

Here is how the personal loan interest rates offered by various bank stack up

Name of Lender	Interest rate (%)	EMI (Rs) Loan amount- 5 lakh Tenure - 5 years	EMI (Rs) Loan amount- 1 lakh Tenure - 5 years	Processing fee (% of loan amount)
HDFC Bank	10.50-21.00	10,747-13,527	2,149-2,705	Upto 2.5% (Maximum Rs 25,000)
Citi Bank	9.99-16.49	10,621-12,290	2,124-2,458	Upto 3%
Tata Capital	10.99 onwards	10,869 onwards	2,174 onwards	Upto 2.75%
ICICI Bank*	10.50-19.00	10,747-12,970	2,149-2,594	Upto 2.50%
Bank of Baroda	10.00-15.60	10,624-12,053	2,125-2,411	2% (Rs 1,000-10,000)
State Bank of India	9.60-13.85	10,525-11,595	2,105-2,319	Upto 1.5% (Maximum Rs 15,000)
Axis Bank	12.00-21.00	11,122-13,527	2,224-2,705	1.5%-2%
Kotak Mahindra Bank	10.25 onwards	10,685 onwards	2,137 onwards	Upto 2.5%
Bank of India	9.35-12.35	10,464-11,211	2,093-2,242	Upto 2% (Rs 1,000-10,000)
Canara Bank	10.20-13.90	10,673-11,608	2,135-2,322	Upto 0.5%
Punjab National Bank^	7.70-14.25	10,067-11,699	2,013-2,340	Upto 1%
HSBC Bank	9.75-15.00	10,562-11,895	2,112-2,379	Upto 1%
Federal Bank	10.49-17.99	10,744-12,694	2,149-2,539	Upto 3%
Union Bank of India	8.90-13.00	10,355-11,377	2,071-2,275	Upto 0.5% (Maximum Rs 7,500)
Bajaj Finserv	13.00 onwards	11,377 onwards	2,275 onwards	Upto 4%
Punjab & Sind Bank	9.50-11.50	10,501-10,996	2,100-2,199	Upto 1%
South Indian Bank	10.15-14.45	10,660-11,751	2,132-2,350	2%
IDBI Bank	9.50-14.00	10,501-11,634	2,100-2,327	1% (Minimum Rs 2,500)
UCO Bank	10.05-10.45	10,636-10,735	2,127-2,147	Upto 1% (Minimum Rs 750)
IDFC First Bank	10.49 onwards	10,744 onwards	2,149 onwards	Upto 3.50%
Bank of Maharashtra^^	9.55-12.90	10,513-11,351	2,103-2,270	Upto 1%
Indian Overseas Bank	11.30-12.05	10,946-11,135	2,189-2,227	Upto 0.75%
Indian Bank	9.05-13.65	10.391-11,544	2,078-2,309	1%***
Dhanlaxmi Bank	11.90-15.70	11,097-12,079	2,219-2,416	Upto 2.5% (Minimum Rs 1,250)
IndusInd Bank	11 onwards	10,871 onwards	2,174 onwards	2.5% onwards

^0.10% additional concession in applicable interest rate to customers who opt for coverage under Credit Life Insurance.
^^ Interest rate of 8.55% p.a. offered to BPCL (Bharat Petroleum Corporation Ltd ) employees
*5% prepayment charges on principal outstanding plus GST (for salaried customers)
***For pensioners, NIL processing fees for loan upto Rs 25,000, and fees of Rs 250 for loan above Rs 25,000.

Rates and charges as on 29 September 2021
Source: Paisabazaar.com