Personal Loan Interest Rates by Major Banks in 2025 -2026
| Bank / Lender | Interest Rate (p.a.) |
|---|---|
| HDFC Bank | 9.99% – 24.00% |
| ICICI Bank | 10.45% – 16.50% |
| Axis Bank | 9.99% – 22.00% |
| State Bank of India (SBI) | 10.05% – 15.05% |
| Kotak Mahindra Bank | 9.98% onwards |
| IDFC First Bank | 9.99% onwards |
Interest rates shown above are indicative and may vary based on credit score, income, employment type, loan amount, and lender policies.
Key Factors Influencing Personal Loan Interest Rates
Interest rates for personal loans in Hyderabad typically range between 9.9% and 24% per annum, depending on the borrower’s profile.
Keep These Documents Ready Before Contacting a Loan Advisor
Having the required documents ready helps speed up eligibility checks and ensures accurate loan guidance. Before contacting a loan advisor, keep the following documents available.
Loan Required documents for Salaried and self employed
| Document Type | Salaried Applicants | Self-Employed Applicants |
|---|---|---|
| Identity Proof | PAN Card, Aadhaar Card | PAN Card, Aadhaar Card |
| Address Proof | Aadhaar, Passport, Utility Bill | Aadhaar, Passport, Utility Bill |
| Income Proof | Last 3 months’ salary slips | 2–3 years ITR / Business income proof |
| Bank Statements | Last 6 months’ bank statements | Last 6–12 months’ bank statements |
How Hyderabad Loans Guidance Helps
Hyderabad loans guidance focuses on educating users about personal loan options, eligibility criteria, interest rates, and EMI planning.
Submit Loan Details for Eligibility Guidance
Users can share their basic personal loan requirements through the loan information form on this page. Based on the details submitted, guidance is provided before approaching banks or NBFCs. Disclaimer: Loan approval and disbursal are subject to bank or NBFC policies and applicant eligibility.
Personal Loan Interest Rates by Major Banks in 2025 -2026
| Bank / Lender | Interest Rate (p.a.) |
|---|---|
| HDFC Bank | 9.99% – 24.00% |
| ICICI Bank | 10.45% – 16.50% |
| Axis Bank | 9.99% – 22.00% |
| State Bank of India (SBI) | 10.05% – 15.05% |
| Kotak Mahindra Bank | 9.98% onwards |
| IDFC First Bank | 9.99% onwards |
Interest rates shown above are indicative and may vary based on credit score, income, employment type, loan amount, and lender policies.
Key Factors Influencing Personal Loan Interest Rates
Interest rates for personal loans in Hyderabad typically range between
9.9% and 24% per annum, depending on the borrower’s profile.
Keep These Documents Ready Before Contacting a Loan Advisor
Having the required documents ready helps speed up
eligibility checks
and ensures accurate loan guidance. Before contacting a loan advisor,
keep the following documents available.
Loan Required documents for Salaried and self employed
| Document Type | Salaried Applicants | Self-Employed Applicants |
|---|---|---|
| Identity Proof | PAN Card, Aadhaar Card | PAN Card, Aadhaar Card |
| Address Proof | Aadhaar, Passport, Utility Bill | Aadhaar, Passport, Utility Bill |
| Income Proof | Last 3 months’ salary slips | 2–3 years ITR / Business income proof |
| Bank Statements | Last 6 months’ bank statements | Last 6–12 months’ bank statements |
How Hyderabad Loans Guidance Helps
Hyderabad loans guidance focuses on educating users about personal loan options,
eligibility criteria, interest rates, and EMI planning using tools such as the
EMI calculator.
Submit Loan Details for Eligibility Guidance
Users can share their basic personal loan requirements through the loan information form on this page.
Based on the details submitted, guidance is provided before approaching banks or NBFCs.
Disclaimer:
Loan approval and disbursal are subject to bank or NBFC policies and applicant eligibility.
Personal Loans in Hyderabad – Key Facts & FAQs
What is the typical personal loan amount available in Hyderabad?
Personal loan amounts in Hyderabad generally range from ₹50,000 to ₹20 lakh, depending on income, credit score, and lender policies. Salaried applicants with stable income often qualify for higher loan amounts.
What credit score is usually required for personal loans?
Most lenders prefer a minimum credit score of around 700. Applicants with a score of 750 or above typically receive better interest rates and faster approvals compared to those with lower credit scores.
What interest rate range applies to personal loans in Hyderabad?
Personal loan interest rates in Hyderabad generally fall between 9.9% and 24% per annum. Applicants with strong credit profiles and stable income may receive rates closer to the lower end of this range.
How does income affect personal loan eligibility?
Monthly income plays a major role in eligibility. Many lenders require a minimum monthly income of around ₹15,000 to ₹30,000 for salaried applicants. Higher income improves eligibility and reduces EMI burden.
What is the usual tenure for personal loans?
Personal loan tenure typically ranges from 12 months to 60 months. Longer tenure reduces monthly EMI but increases total interest paid, while shorter tenure results in lower overall interest cost.
How much EMI difference does a 1% interest rate change make?
For a personal loan of ₹5 lakh over 5 years, a 1% difference in interest rate can change the monthly EMI by approximately ₹250–₹300, impacting total repayment by more than ₹15,000.
How long does personal loan review usually take?
Initial eligibility review is often completed within 24 to 48 hours after submission of basic details. Final approval and disbursal timelines depend on the bank or NBFC’s internal process.
What percentage of personal loan applications get rejected?
Industry data suggests that around 30%–40% of personal loan applications face rejection due to low credit score, high existing debt, or incomplete documentation. Proper eligibility checks can significantly reduce rejection risk.
Do you provide or approve personal loans?
No. This platform provides information and guidance related to personal loans in Hyderabad. Loan approval and disbursal are handled by banks or NBFCs based on their policies and applicant eligibility.
How do personal loans in Hyderabad generally work?
Personal loans in Hyderabad are unsecured loans offered based on income, credit score, and repayment capacity. Loan amounts typically range from ₹50,000 to ₹20 lakh, with tenure between 12 and 60 months. Interest rates usually vary depending on the borrower’s profile and lender policies.
How does the personal loan process work with your guidance?
Users submit basic loan details through the loan information form on this page. Based on the information shared, eligibility is reviewed and guidance is provided on suitable loan options, interest rate range, EMI planning, and next steps before approaching banks or NBFCs.
| Bank | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| SBI | 10.05% – 15.05% | Up to 1.5% | ₹50K – ₹35L | 1–6 Years | |
| Bank of Baroda | 10.4% – 18.05% | Up to 2% | ₹1L – ₹20L | 1–7 Years | |
| PNB | 10.5% – 17.05% | Up to 1% | ₹50K – ₹20L | 1–6 Years | |
| Union Bank | 10.35% – 14.45% | Up to 1% | Up to ₹50L | 1–30 Years | |
| Canara Bank | 8.25% – 16% | Up to 0.5% | ₹1L – ₹10L | 0–6 Years |
| Bank | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| HDFC Bank | 9.99% – 24% | ₹6,500 + GST | ₹50K – ₹40L | 1–6 Years | |
| ICICI Bank | 10.45% – 16.5% | Up to 2% | ₹2.5L – ₹50L | 1–6 Years | |
| Axis Bank | 9.9% – 21.55% | Up to 2% | ₹50K – ₹40L | 1–7 Years | |
| IDFC First | 9.99% | Up to 2% | ₹20K – ₹1Cr | 0–5 Years | |
| YES Bank | 10.85% – 21% | Up to 2.5% | ₹1L – ₹40L | 1–6 Years |
| NBFC | Interest Rate | Processing Fee | Loan Amount | Tenure | Action |
|---|---|---|---|---|---|
| Bajaj Finserv | 10% – 31% | Up to 3.93% | ₹20K – ₹55L | 0–8 Years | |
| Tata Capital | 10.99% – 29.99% | Up to 3% | ₹75K – ₹35L | 1–6 Years | |
| Aditya Birla | 33.5% – 36% | Up to 4% | ₹1L – ₹40L | 1–7 Years | |
| Poonawalla | 9.99% | Up to 3% | ₹1L – ₹50L | 1–7 Years | |
| IIFL | 12.75% – 44% | Up to 9% | ₹5K – ₹5L | 0–3 Years |