Rs 5 Lakh for 5-Year Tenure
Interest rate on Personal Loan for all listed (BSE) Public & Pvt Banks considered for data compilation.
Banks for which data is not available on their website are not considered. Data collected from respective bank's website as on 29 Nov 2022. Banks are listed in ascending order on the basis of interest rate i.e. bank offering lowest interest rate on Personal loan is placed at top and highest at the bottom.
EMI is calculated on the basis of interest rate mentioned in the table for Rs 5 Lac Loan with a tenure of 5 years (processing and other charges are assumed to be zero for EMI calculation); Interest and charges mentioned in the table are indicative and may vary depending on the bank's T&C.
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