These 5 Personal Loan Lenders are Giving the Biggest Offers


18 Nov 2019 | 5 min read

Life is an eventful journey and, in this journey, we try to meet the expenses that arrive because of the existence of life. We work hard, earn money, and try to materialize our thoughts and desires. But sometimes, we fall short. For such moments, many banks provide financial assistance like personal loan to people in need. One can avail it if he/she is salaried or self-employed professional. 

As there are many personal loan lenders in India, choosing the best personal loan becomes very hard for the borrowers. To make it convenient for people to choose, we have done a lot of research and come up with this blog. Here, we are going to learn about 5 banks that are giving the best personal loan offers. 

Read more:-  Check out these exciting personal loan offers to fund your Diwali shopping

Best Personal Loan Offers


Rate of Interest

Processing Fee


Citibank Personal Loan

10.50% onwards

Up to 0.5%


Kotak Mahindra Bank Personal Loan

10.50% onwards

Up to 2.5%


HDFC Bank Personal Loan

10.75% onwards

Up to 2.50% Min Rs. 1,999


Standard Chartered Bank Personal Loan

10.99% onwards



Yes Bank Personal Loan

10.99% onwards

Starting at 0.99%, Up to 2%

Let’s understand in brief why these 5 banks are the best lenders when it comes to personal loan.

1. Citibank Personal Loan – Citibank is a prominent name when it comes to banking and financial services. It has a wide range of financial products and with that, it caters to more than a million people all around the globe. By maintaining its prestige, Citibank offers personal loan at just 10.50% onwards.

Key Highlights of Citibank Personal Loan

  • Personal loan up to Rs. 30,00,000
  • Low-interest rate 
  • Super affordable processing fee
  • Extended loan tenure

2. Kotak Mahindra Bank Personal Loan – Kotak Mahindra Bank lends personal loan up to Rs. 15 Lacs to people in need. Despite being comparatively new bank among a lot, its amazing customer service has attracted thousands of customers from all around the country. Easy to meet eligibility criteria and good approval rate are the two important factors due to which the bank climbed up the ladder.

Key Highlights of Kotak Mahindra Bank Personal Loan

  • Personal loan from Rs. 50,000 to Rs. 15 Lacs
  • Excellent customer service
  • Multipurpose loan
  • Super-minimal documentation

3. HDFC Bank Personal Loan – It shouldn’t be a surprise that HDFC made it to the list of top personal loan lenders. Being the largest private sector bank by assets in India, HDFC values its customers like no other bank. For that, the bank lends personal loan at 10.75% onwards. The bank also offers pre-approved personal loan to customers having a good credit score.

Key Highlights of HDFC Personal Loan

  • Funds disbursal in just 10 secs on pre-approved personal loans
  • Option to apply online without any hassle
  • Option to transfer balance of personal loan
  • 24*7 customer support

4. Standard Chartered Bank Personal loan – Standard Chartered Bank is the ultimate destination for people who want personal loan without any hassle. To make personal loan easier, standard chartered bank provides the facility to apply for a personal loan through mobile application and website. The bank’s customer support is top-notch and lives up to the reputation of the bank. By charging low-interest rate on personal loan, the bank has become one of the most sought out banks for personal loan in India. 

Key Highlights of Standard Chartered Bank Personal Loan

  • Personal loan up to Rs. 30 Lacs
  • Extended loan tenure
  • Lightning-fast loan approval
  • Collateral-free loan

5. Yes, Bank Personal Loan – By providing the loan up to Rs. 40 Lacs, Yes Bank is the last but not least top personal loan lenders in India. The bank started its operation in 2004. And since then, it has been adding important values to its customer’s life. 

Key Highlights of Yes Bank Personal Loan

  • Personal loan up to Rs. 40 Lacs
  • Lucrative interest rates
  • Doorstep banking
  • Pre-payment option

If you’re looking for a personal loan with less interest rate and more benefits, apply for personal loan with any of the bank mentioned above. These banks are at the top of their games and approve personal loan instantly.

If you’re unable to apply for personal loan with any of the banks mentioned above. Get in touch with Afinoz. We help you in finding the best loan in the market. Compare and choose the best personal loan by downloading Afinoz App.

Read More: Top 10 Banks & NBFCs for Personal Loan in India 

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