WiseLoan Personal Loan

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.

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Compare Personal Loan Interest Rates of All Banks

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%
YES BANK 50 lakh 10.45% 1.50%
LOAN TAP 5 lakh 18% 2.00%
AXIS BANK 50 lakh 10.50% 1.50%
KOTAK MAHINDRA BANK 25 lakh 10.40% 1.25%

Instant Personal Loan Interest Rates

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%

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The rate of Interest

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.

Eligibility Required

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