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Banks Charging Lowest Rate of Interest on Personal  Loans



Rajesh Goyal 


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(Check Lowest Rate of Interest charged  by Banks in India / Minimum Rate of Interest charged  by Indian Banks. Best Home Loan Interest)



Which Banks Charges the Lowest Interest on Personal Loans in 2015 ?  Best Rate of Interest on Personal Loans  in India ? Comparative Personal Loan Interest Rates.  Latest Personal Loan Interest by Banks in India


Different banks charge different interest rates for Personal Loans.   The rate of interest also vary based on (a) the quantum of the loan; (b) period for which loan is intended to be availed etc.  


It is not possible to give the name of  one bank which charges the lowest rate of interest for all tenures and all levels of loan amount.     Moreover, these rates are frequently changed by banks and that too without informing media.  Sometimes the details are not even updated on the website or they are so confusing that it becomes impossible to decipher the details.    Therefore, we are giving below a broad idea as to the banks which are charging lowest rate of interest in a particular category.  Readers are advised to check the same by clicking on the link of relevant bank from where they intend to avail the loan and they check the websites of the following banks too to ensure that they get the best deals.     [The following rates have been updated in the last week of August, 2015)









Full Name :
Mobile No :
Email Id :
Net Income :
City :
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Name of the Bank

Rate of Interest %

Remarks, if any

Union Bank of India 12.40% - 14.40%  
Bank of India 12.70% - 14.70% (concession to women and senior citizens)
Allahabad Bank 12.55% - 14.55%  
IDBI Bank 12.49% - 13.49%  
ICICI Bank 11.49% - 22.00%  
Bank of Baroda 12.40% - 13.80%  
Central Bank of India 11.60% - 13.85%  

Punjab National Bank

12.45% - 15.45%



Note:- The above rates are floating rates, and are linked to base rate.

Thus, these rates are liable to be changed by bank even during the tenor of the loan.






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S.No. Name of the Bank
1 Allahabad Bank
2 Andhra Bank
3 Axis Bank
4 Bank of Baroda
5 Bank of India
6 Bank of Maharashtra
7 Canara Bank
8 Catholic Syrian Bank
9 Central Bank of India
10 Corporation Bank
11 Corporation Bank
12 City Union Bank
13 Dena Bank
14 Federal Bank
15 HDFC Bank
16 ICICI Bank
17 IDBI Bank
18 Indian Bank
19 Indian Overseas Bank
20 Indus Ind Bank
21 J&K Bank
22 Karnataka Bank
23 Karur Vysya Bank
24 Kotak Bank
25 Lakshmi Vilas Bank
26 Punjab National Bank

Punjab and Sind Bank

28 South Indian Bank
29 State Bank of Hyderabad
30 State Bank of India
31 State Bank of Patiala
32 State Bank of Travancore
33 Syndicate Bank
34 The Ratnakar Bank
35 UCO Bank
36 United Bank of India
37 Union Bank of India
38 Vijay Bank (No direct link)





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