Get the Right Personal Loan for Your Financial Needs
Flexible Personal Loan Assistance Across India
Digital & Instant Personal Loan ROI Starting from 9.99% p.a.*
Get a personalised personal loan solution with a simple digital process, quick assistance and flexible repayment options—all with expert support from LOANSBAZAAR INDIA.
Digital assistance • Multiple lender options • Transparent guidance
Personal Loan
Flexible loan solutions
Personal Loan Interest Rates 2026: Compare All Banks & NBFCs
Personal Loan Interest Rates – Compare & Apply
Flexible Borrowing. Multiple Lender Options. Professional Assistance.
Explore personal loan options for eligible applicants through a network of banks and NBFCs. Compare indicative interest rates, loan amounts, repayment tenures and processing fees before submitting your enquiry.
Compare Personal Loan Options
Personal loan interest rates and fees can vary by lender, credit score, income, employment, existing obligations and repayment history. Use the calculator for an estimate and verify the current offer with the relevant lender.
Personal Loan EMI Calculator
Enter your desired loan amount, annual interest rate and repayment tenure to estimate your EMI.
The calculator uses the standard monthly reducing-balance EMI formula. Processing fees, GST, insurance and other charges are excluded. Actual lender terms may differ.
Personal Loan Rates from Banks & NBFCs
Search the lender list below. Figures are based on the information supplied for this page and are indicative, not guaranteed current offers.
Ready to Explore Personal Loan Options?
Submit your enquiry to explore potential lender options based on your income, credit profile and funding needs.
LoansBazaar India · Compare. Apply. Get Financial Assistance.
Get the Right Personal Loan for Your Financial Needs
Explore personal loan options with digital enquiry support, documentation guidance and assistance in comparing available lender options through LOANSBAZAAR INDIA.
Personal Loan Solutions for Your Financial Needs
A personal loan is generally an unsecured credit facility that may be used for legitimate personal or financial requirements without providing collateral, subject to lender approval criteria.
At LOANSBAZAAR INDIA, we assist customers in understanding available loan options and connecting with suitable banking and NBFC partners.
A Personal Loan May Help With
Personal Loan — Key Features
Understand common features before choosing a lender and repayment plan.
Flexible Loan Options
Loan amount depends on income, credit profile, existing obligations and lender policy.
Tenure up to 84 Months*
Choose from the tenure options available for your profile and selected lender.
Generally Unsecured
Personal loans generally do not require collateral, subject to product conditions.
100+ Banking Partners
Assistance exploring options across a network of banks and NBFCs.
Pan India Assistance
Support across India, subject to lender serviceability and location criteria.
Personalised Support
Guidance with enquiries, documentation and lender coordination.
One Place. Multiple Loan Options. Professional Assistance.
With 15+ years of finance industry experience, LOANSBAZAAR INDIA CORPORATE DSA FRANCHISEE PAN INDIA helps customers explore available financial products and understand the application process.
Personal Loan Eligibility Criteria
Use the following criteria as an initial guide. Individual bank and NBFC requirements may differ, and final eligibility is determined by the selected lender.
How to Choose the Right Personal Loan
Compare the total borrowing cost and repayment commitment—not only the advertised interest rate.
Determine the Amount
Assess your requirement and avoid borrowing more than you can comfortably repay.
Check Your Credit Score
Review your credit report for errors and understand how current loans may affect eligibility.
Compare Interest Rates
Compare the rate offered to your profile and the total repayment across available lenders.
Evaluate Other Charges
Check processing, prepayment, foreclosure, late-payment and other applicable fees.
Check Eligibility
Review each lender's age, income, employment, credit and location requirements.
Read the Terms
Understand the repayment schedule, charges and conditions before signing the agreement.
Choose the Right Tenure
A longer tenure may reduce EMI but can increase total interest paid.
Plan Repayment
Choose an instalment that fits your budget after essential expenses and existing obligations.
Documents Required for a Personal Loan
Requirements depend on applicant profile and the lender's verification process.
Identity Proof
- PAN Card
- Aadhaar Card, where accepted
- Passport
- Driving Licence
- Voter ID, where accepted
Address Proof
- Aadhaar Card, where accepted
- Passport or Driving Licence
- Utility bill
- Other lender-accepted address proof
Salaried Applicants
- Latest salary slips
- Recent bank statements
- Employment documents, where required
Self-Employed Applicants
- Bank statements
- Income Tax Returns (ITR)
- Business proof
- GST documents, where applicable
- Financial statements, where required
Calculate Your Estimated Monthly EMI
Enter the loan amount, annual interest rate and repayment tenure to estimate your monthly instalment.
This calculator uses a monthly reducing-balance formula. Actual EMI and total cost may differ due to lender rates, fees, insurance, disbursement date and loan terms. This is an estimate, not a loan offer or eligibility confirmation.
Personal Loan Application Process
A straightforward process for submitting your enquiry and exploring available lender options.
Submit Enquiry
Share your basic loan requirement and contact details.
Profile Assessment
Review income, employment or business profile.
Explore Options
Identify potentially suitable lenders based on available criteria.
Documentation
Provide required documents through the accepted process.
Lender Decision
The lender verifies the application and makes the final decision.
Personal Loan Fees and Charges
The following indicative ranges are based on the information supplied for this page. Actual charges vary by lender, product, state and loan agreement. Confirm the applicable amount before accepting an offer.
| Particulars | Indicative Charges |
|---|---|
| Loan Processing Fees | ₹2,999 to 5% of the loan amount |
| Loan Cancellation | Usually ₹3,000 to 5% of the loan amount; lender terms apply |
| Stamp Duty Charges | ₹150 to ₹300, as indicated; actual duty may vary |
| Legal Fees | As per actuals, where applicable |
| Penal Charges | Previously indicated as usually 2% per month; confirm the lender's applicable charge basis and terms |
| EMI / Cheque Bounce Charges | Approximately ₹499 to ₹599, as indicated |
| Other Fees & Charges | Documentation, verification, duplicate statement, NOC certificate and payment swap charges, where applicable |
One Requirement. Multiple Possibilities.
Submit your personal loan requirement to LOANSBAZAAR INDIA for assistance in exploring available options, understanding documentation and coordinating the application process.
Loan amount depends on income, credit profile and lender policy.
Actual rate is determined by the selected lender.
Subject to the lender's available loan terms.
Personal Loan FAQs
Find answers to common questions about personal loan eligibility, interest rates, documents, fees, EMI and the application process.
1. What is a Personal Loan?
A personal loan is generally an unsecured loan that eligible individuals may use for personal expenses such as medical bills, education, weddings, travel or emergencies. The permitted use, amount and terms depend on the lender's policies.
2. What is the Personal Loan interest rate?
Personal loan interest rates vary by bank or NBFC, credit score, income, employment profile, existing obligations and repayment history. Check the lender's current offer, Key Facts Statement (KFS) and loan agreement before accepting a loan.
3. What is the minimum salary required for a Personal Loan?
Some lenders may consider applicants with a monthly income starting around ₹15,000. The actual minimum income requirement varies by lender, city, employer category and applicant profile. Meeting the income requirement does not guarantee approval.
4. What credit score is required for a Personal Loan?
A credit score above 650 may be considered by some lenders, while a higher score may improve the chances of accessing competitive offers. Each lender applies its own credit assessment criteria, and approval is not guaranteed by a score alone.
5. What is the age limit for a Personal Loan?
Some lenders accept applicants aged 21 to 60 years. The minimum and maximum age limits can differ by lender and may be assessed at application or loan maturity.
6. How much Personal Loan can I get?
The eligible loan amount depends on your income, credit profile, existing EMIs, repayment capacity, employment or business stability and the lender's policy. The final amount is decided by the lender after its assessment.
7. Can self-employed individuals apply for a Personal Loan?
Yes. Eligible self-employed individuals and business owners may apply with lenders that offer personal loans to their applicant category. Income evidence, bank statements, ITRs, business stability and credit history may be considered.
8. Can I get a Personal Loan with a low CIBIL score?
A low credit score may reduce your options or affect the interest rate and terms offered. Some lenders may consider other aspects of your profile, but approval is subject to their credit policy. Avoid anyone promising guaranteed approval.
9. Which documents are required for a Personal Loan?
Commonly requested documents include PAN, identity and address proof, bank statements and income proof. Salaried applicants may need salary slips and employment details. Self-employed applicants may need ITRs, business proof and financial statements. Requirements vary by lender.
10. How can I apply for a Personal Loan online?
You can submit a loan enquiry through LoansBazaar India. Provide accurate contact and profile details, review suitable lender options where available, and complete the selected lender's application and verification process.
Apply for Loan →11. How can I calculate my Personal Loan EMI?
You can estimate your monthly EMI by entering the loan amount, annual interest rate and repayment tenure in an EMI calculator. The actual EMI may differ according to the lender's final terms, fees and repayment schedule.
Calculate Your EMI →12. What is the maximum Personal Loan repayment tenure?
Some lenders offer repayment tenures of up to 84 months, while others may offer shorter periods. The available tenure depends on the lender, loan product and applicant's eligibility.
13. What are the Personal Loan processing fees and other charges?
Charges may include a processing fee, applicable taxes, stamp duty, late-payment charges and other lender-specific fees. The amounts and calculation method vary. Review the lender's KFS, fee schedule and loan agreement before accepting the offer.
14. Can I repay my Personal Loan early?
Early repayment or foreclosure may be available subject to the lender's rules. Any applicable charges, lock-in periods and conditions should be checked in the loan agreement and current lender fee schedule before making a decision.
15. How long does Personal Loan approval take?
Processing time varies depending on the lender, completeness of documents, verification requirements and credit assessment. A loan enquiry or application submission does not mean the loan has been approved or disbursed.
16. Can I apply if I already have other loans?
You may be able to apply while repaying other loans. The lender will assess your income, existing EMIs, debt obligations, repayment history and overall ability to repay before making a decision.
17. Is a Personal Loan available for medical or wedding expenses?
Depending on the lender's terms, a personal loan may be used for eligible expenses such as medical bills, weddings, education, travel or household needs. Confirm the permitted purpose and repayment terms with the lender.
18. Does submitting a loan enquiry guarantee approval?
No. LoansBazaar India's enquiry or application assistance does not guarantee approval, a particular interest rate or a specific loan amount. The bank or NBFC makes the final decision based on its policies and assessment.
19. Are service charges and lender fees the same?
Not necessarily. Any applicable assistance or service charges should be confirmed directly with LoansBazaar India before proceeding. Bank or NBFC charges, if applicable, are separate and should be verified in the lender's official documents.
20. How can LoansBazaar India help with a Personal Loan enquiry?
LoansBazaar India provides loan enquiry and application assistance and helps users explore available options from banks and NBFCs. Eligibility, offers, rates, charges and final approval remain subject to the relevant lender's policies.
Start Your Loan Enquiry →Looking for Personal Loan Assistance?
Submit your enquiry to explore available options based on your profile and lender eligibility.
Apply for LoanDisclaimer: LoansBazaar India provides loan enquiry and application assistance. Interest rates, loan amount, eligibility, tenure, fees and approval are subject to the respective bank or NBFC's policies, applicant profile, documentation, credit assessment and final decision. Please review the lender's official terms before accepting an offer.