Top 5 Personal Loan Providers in India in 2023

Published : 5 Apr 2023

With a maximum loan amount of Rs 40 lakhs and easy online application, HDFC bank's personal loan is one of the best options available in India. They also have minimal documentation and faster processing time for approvals. The offer an interest rate of 10.50% p.a.

HDFC Bank Personal Loan 

ICICI Bank's instant personal loan scheme provides up to Rs 20 lakhs with quick disbursal time and minimal paperwork required for its approval. The bank offers an interest rate of 10.50% p.a.

 ICICI Bank Instant Personal Loan

This loan plan by the State Bank of India offers customers up to Rs 30 lakhs with flexible repayment options. Depending on their need and credit score, they can also avail of the pre-approved or customized loan. The bank offers an interest rate of 10.60% p.a.

  SBI Xpress Credit

Fullerton India’s personal loan scheme offers up to Rs 25 lakhs with minimal documentation. The bank offers an interest rate of 11.99% p.a.

 Fullerton India Personal Loan

Bajaj Finserv provides customers up to Rs 25 lakhs and minimum documents required for its approval. They can also avail a pre-approved loan and enjoy faster processing time. The bank offers an interest rate of 13% p.a. 

Bajaj Finserv Personal Loan