Compare Personal Loan Interest Rates

Personal loan offerings differ from different bank providers, however the fundamental principle does not change. Personal loan interest rates vary depending on a number of factors such as:

Employment Type: Personal loan interest rates differ for salaried and non-salaried personnel, considering non salaried personnel can pose risky investment possibilities.

Company Type: Companies are organized into Category A, B and C based on parameters like revenue, adherence to standards and so on.

Salary: Your salary dictates how much your interest rate could be. Lower salaries usually warrant higher interest rates to mitigate the banks lending risk.

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Andromedaloans.com offers the best deals on unsecured loans , home loans, general purpose loans, business loans, working capital loans and much more. Andromeda Sales and distribution has been providing customers with financial solutions for over 20 years!

Personal Loan – Lowest Interest Rates

Banks/Rates Salaried
Category A Category B Others
ICICI Bank 13.49% – 14% 16% 16%
(Specific Companies Only) (Salary Greater Than 75,000) (Salary Above 75,000)
15.50% 16.50% 16.50%
(Salary Greater Than 75,000) (Salary Between 50,000 -75,000) (Salary 50,000 -75,000)
16% 17% 17%
(Salary Between 50,000 -75,000) (Salary Between 35,000 -50,000) (Salary 35,000 – 50,000)
16.50% 17.50% 17.50%
(Salary between 35,000 -50,000) (Salary Between 20,000 -35,000) (Salary 20,000 -35,000)
17% 17.50% 17.50%
(Salary between 20,000 -35,000) (Salary Less Than 20,000) (Less Than 20,000)
17%
(Salary Less Than 20,000)
HDFC Bank 13.99% – 14.75% 15.75% 20%
(Specific Companies Only) (Salary Greater Than 75,000)
15.75% 16.25%
(Salary Greater Than 75,000) (Salary Between 50,000 -75,000)
16.25% 17%
(Salary Between 50,000 -75,000) (Salary Between 35,000 -50,000)
17% 18.25%
(for 35,000-50,000 salary) (Salary Less Than 35,000)
18.25% 11.99% – 13.75%
(Salary Less Than 35,000) (Special Rate for Loan Between 10lakhs – 20lakhs)
11.99% – 13.75%
(Special Rate for Loan Between 10lakhs – 20lakhs)
Bajaj Finserv 15% – 16% 16% 16.50% – 17%
ING Vysya 13.50% 13.50% 14.99%
Salary Greater Than 1.5 Lakhs Salary Greater Than 1.5 Lakhs (Salary Above 75,000)
13.75% 13.75% 16.75%>
Salary Between 1 Lakh – 1.49 Lakhs Salary Between 1 Lakh – 1.49 Lakhs (Salary 40,000 -75,000)
13.99% 14.25% 18.25%
Salary Between 75000 – 1 Lakh Salary Between 75000 – 1 Lakh (Salary 25,000 – 40,000)
16.25% 16.25%
Salary between 40,001 – 69,999/td> Salary between 40,001 – 69,999 0.5% Waiver for Ing Salary Account Holder)
17.25% 17.25%
Salary between 25000-40000 Salary between 25000-40000
0.5% Waiver for Ing Salary Account Holder) 0.5% Waiver for Ing Salary Account Holder)
Kotak Bank 13.50% 16.50% 17%
(For Special Companies)
15%
Fullerton India 16% – 32% 16% – 32% 16% – 32%
Standard Chartered Bank 16% – 17% 17% – 18% 19% – 22%
HDB Financial Services 16% 16% 17%
Salary Greater Than 75000 Salary Greater Than 75000 Salary Greater Than 75000
17% 17% 18%
Salary 35,000-75,000 Salary 35,000-75,000 Salary 35,000-75,000
18% 18% 21%
Salay Less Than 35,000 Salay Less Than 35,000 Salay Less Than 35,000
Citibank 16% 17% 17%
Salary Less Than 30,000 Salary Less Than 30,000 Salary Less Than 30,000
15% 16% 16%
Salary Greater Than 35,000 Salary Greater Than 35,000 Salary Greater Than 35,000
IndusInd Bank 14% 14.50> 15%
Salary Greater Than 1 Lakh Salary Greater Than 1 Lakh Salary Greater Than 1 Lakh
14.50% 15% 15.50%
Salary Between 50,000 – 1 Lakh Salary Between 50,000 – 1 Lakh
16% 15.50% 16.50%
Salary Less Than 50,000 Salary Less Than 50,000 Salary Less Than 50,000
Axis Bank 15% 17% 19% – 20%
(For Super CAT A)
16%
(For CAT A)