Personal Loan Interest Rates

 *As on 3rd July 2013

BANKS	Cat  A	Cat  B	Others	Pre Payment Charges	Processing Fees
ICICI BANK	14% - 14.75% (For Special Companies) 15.5% (Salary Above 75,000) 16 % (Salary 50,000 -75,000) 17 % (Salary 30,000 -50,000) 18.25% (Salary 20,000 -30,000) 18.5% (Less Than 20,000)	15.5% (Salary Above 75,000) 16 % (Salary 50,000 -75,000) 17 % (Salary 30,000 -50,000) 18.25% (Salary 20,000 -30,000) 18.5% (Less Than 20,000)	15.5% (Salary Above 75,000) 16 % (Salary 50,000 -75,000) 17 % (Salary 30,000 - 50,000) 18.25% (Salary 20,000 -30,000) 18.5% (Less Than 20,000)	5%	2% - 2.25%
HDFC BANK	13.99% - 14.75% (For Special Companies) 15.75% (for 75,000 & above salary), 16.25% (for 50,000-75,000 salary), 17.25% (for 35,000-50,000 salary), 19.25% (below 35,000 salary)	15.75% (for 75,000 & above salary), 16.25% (for 50,000-75,000 salary), 17.25% (for 35,000-50,000 salary), 19.25% (below 35,000 salary)	22.25%	4%	2% if salary account in HDFC - other wise 2.5%
BAJAJ FINANCE	15.75%	16%	16.5% - 17%	Nil	2% - 2.5%
SBI BANK	18.25%	18.25%	18.25%	N.A	N.A
FULLERTON INDIA	21% - 32%	21% - 32%	21% - 32%	4%	2%
STANDARED CHARTERED BANK	16% - 17%	17% - 18%	19% - 22%	2%-5%	2%
CITI BANK	16% ( up to 30,000 salary), 15% (above 30,000 salary)	17% ( up to 30,000 salary), 16% (above 30,000 salary)	17% ( up to 30,000 salary), 16% (above 30,000 salary)	3%	1% - 2%
AXIS BANK	15% (For Super CAT A), 16% (For CAT A)	17%	19% - 20%	Nil	2% & Prepayment Charges Nil
KOTAK BANK	13.99- 14.25% (For Special Companies) 15.5%	16.5%	18%-19%	4%	0.8% - 1.5 % (for special companies) 2%
BANK OF BARODA	15%	15.5%	N.A.	N.A.	2%
ING VYASA	13.99%  (for 1lac & above salary), 14.25%  (for 75,000 - 1lac salary), 15.75% (for 40,000 - 75,000 salary), 17.25% (for 30,000 - 40,000 salary) 0.5% Waiver for Ing Salary Account Holder	13.99%  (for 1lac & above salary), 14.50% (for 75,000 - 1lac salary), 16.25% (for 40,000 - 75,000 salary), 17.25% (for 30,000 - 40,000 salary) 0.5% Waiver for Ing Salary Account Holder	14.99% (for 75,000 & above salary), 16.75% (for 40,000 - 75,000 salary), 18.25% (for 25,000 - 40,000 salary) 0.5% Waiver for Ing Salary Account Holder	Nil Foreclosure Charges Special Offer. Valid till(30th June 13)	1.5% (For ING Salary Account Holder), other wise 1.75% - 2%

Where

CAT A refers to    - Top 1000 companies

CAT B refers to    - Multi National Companies (MNC’s)

CAT C refers to    - Small companies   

Disclaimer: - Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized/restructured/tabulated .Users are advised to recheck the same with the individual companies/organizations. This site does not take any responsibility for any sudden/uninformed changes in interest rates.