In these diffilcult times we all need a additional support to fullfill our personal responsebilities.
WiseLoan's helps you to get personal loan at lowest interest rates and flexible re payment options which suits your requirement.
Our online process for instant personal loan application ensures that you can get the financial support you need within minutes from the comfort and safety of your home.
| Bank Name | Max. Loan Amount | Interest Rate Starts From | Processing Fee(Up to) |
| ICICI BANK | 50 lakh | 10.50% | 4999 |
| BAJAJ FINSERV LTD. | 35 lakh | 11.5% | 1.50% |
| HDFC BANK | 50 lakh | 10.49% | 4999 |
| INDUSIND BANK | 25 lakh | 10.50% | 1.00% |
| HDB FINANCIAL SERVICES | 20 lakh | 12% | 2.00% |
| IDFC FIRST BANK | 25 lakh | 10.50% | 1.50% |
| ADITYA BIRLA FINANCE LIMITED | 25 lakh | 14% | 1.50% |
| YES BANK | 50 lakh | 10.45% | 1.50% |
| LOAN TAP | 5 lakh | 18% | 2.00% |
| AXIS BANK | 50 lakh | 10.50% | 1.50% |
| STANDARD CHARTERED BANK | 50 lakh | 11% | 1.00% |
| KOTAK MAHINDRA BANK | 25 lakh | 10.40% | 1.25% |
| Bank Name | Interest Rate On Instant Loans | Processing Fee |
| SBI | 9.60% to 15.65% | 1.00% |
| HDFC | 10.25% to 22.00% | Upto 2.50% Min ₹ 999 |
| ICICI | 10.50% to 22.00% | Upto 2.25% of Loan Amount |
| CITY | 10.90% to 18.99% | Upto 0.5% |
| Bajaj Finserv | 12.99% to 15.50% | Starting from 1.50%, Up to 3% |
The Rate of Interest on Personal Loans is between 11-14% depending on your credit score.
| Loan amount: You can get a loan online for as low as 50,000 and as high as 50 Lakhs depending on your requirement and eligibility. |
| Loan tenure: Personal loans are available for periods as short as 12 months. The average tenure for a Personal Loan is between 12 and 60 months,depending on the loan amount. |
| Security: Due to its unsecured nature, collateral is not required. |
| Loan turnaround time: A Personal Loan typically has the fastest turnaround time in the industry. Many banks personal loans online approval within 48 hours after submission of the online application. |
| Prepayment penalty: Banks charge prepayment penalty if you repay your Personal Loan before the determined period. The charges range between 1-2% of the outstanding amount on the date of closure. |
| Occupation | Salaried employees, self-employed professionals, self-employed non professionals, and business owners |
| Age | Minimum 21 years at loan application and maximum 65 years at loan maturity |
| Monthly income | 20,000 |
| Job/business continuity | 2 years continuous job or 3 years continuity in business |
| ITR | Last 2 years IT returns |
| Last 2 years IT returns | 700 & above |