Rates from 10.5%
    Approval in 24 hrs
    Up to ₹50 Lakh

    Personal Loan in India — Compare Rates & Apply Instantly

    Compare personal loans from 20+ banks, NBFCs & fintechs. Check eligibility in 30 seconds. Rates starting at 10.5%. Instant approval available.

    A personal loan is the fastest way to meet urgent financial needs — medical emergency, wedding, travel, home renovation, or debt consolidation. No collateral needed. No end-use restriction.

    But interest rates vary from 10.5% to 24%+ depending on your bank, CIBIL score, and income profile. Choosing wrong can cost you lakhs.

    CreditPicker helps you compare personal loans from banks, NBFCs, and fintechs — and find the one that fits your profile. Free. No spam.

    ₹500 Cr+
    Facilitated
    20+
    Lenders Compared
    Instant
    Eligibility Check
    4.8★
    User Rating
    How It Works

    Get Your Personal Loan in 3 Steps

    1

    Check Eligibility

    30 seconds. Just salary, employment type & city.

    2

    Compare Lenders

    Banks + NBFCs + Fintechs side by side.

    3

    Apply & Get Money

    In your account in 24-48 hours.

    Use Cases

    Why People Take a Personal Loan

    Medical Emergency

    Hospital bills, surgery, treatment — instant funds when every minute matters.

    Wedding Expenses

    Venue, jewellery, travel, catering — fund your big day without dipping into savings.

    Home Renovation

    Modular kitchen, painting, repairs — upgrade your home without breaking your budget.

    Travel & Vacation

    Honeymoon, family holiday or that bucket-list trip — pay over easy EMIs.

    Education Fees

    Higher studies, certifications, child's school fees — invest in growth without delay.

    Debt Consolidation

    Combine high-interest credit card dues into one lower-rate EMI and save on interest.

    Instant Check

    Check Your Personal Loan Eligibility

    Compare Lenders

    Banks, NBFCs & Fintechs — All in One Place

    🔵
    HDFC Bank
    Bank
    10.5%
    Max: ₹40 LakhSalary: ₹25,000CIBIL: 750+Fee: Up to 2.5%Foreclosure: 2-4%2-4 days
    🟠
    ICICI Bank
    Bank
    10.75%
    Max: ₹50 LakhSalary: ₹30,000CIBIL: 750+Fee: Up to 2.5%Foreclosure: 3-5%2-3 days
    🟦
    IDFC First Bank
    Bank
    10.75%
    Max: ₹40 LakhSalary: ₹25,000CIBIL: 720+Fee: Up to 2%Foreclosure: Nil after 1 yr1-2 days
    🟣
    Axis Bank
    Bank
    10.99%
    Max: ₹40 LakhSalary: ₹25,000CIBIL: 720+Fee: Up to 2%Foreclosure: 2-4%2-3 days
    🔴
    Kotak Mahindra
    Bank
    10.99%
    Max: ₹35 LakhSalary: ₹25,000CIBIL: 720+Fee: Up to 2.5%Foreclosure: 4-5%2-4 days
    🏛️
    SBI
    Bank
    11%
    Max: ₹20 LakhSalary: ₹25,000CIBIL: 720+Fee: 1.5%Foreclosure: Nil (floating)3-5 days
    🟥
    IndusInd Bank
    Bank
    11.25%
    Max: ₹50 LakhSalary: ₹25,000CIBIL: 750+Fee: Up to 3%Foreclosure: 4%2-3 days
    🔶
    Tata Capital
    NBFCLow CIBIL
    11.99%
    Max: ₹35 LakhSalary: ₹20,000CIBIL: 700+Fee: Up to 2.75%Foreclosure: 2.5-4.5%48 hrs
    🟡
    Bajaj Finserv
    NBFCLow CIBIL
    13%
    Max: ₹35 LakhSalary: ₹22,000CIBIL: 685+Fee: Up to 3.93%Foreclosure: 4%24 hrs
    🔷
    Navi
    FintechLow CIBIL
    14%
    Max: ₹20 LakhSalary: ₹15,000CIBIL: 650+Fee: Up to 5%Foreclosure: Nil10 min
    💚
    MoneyView
    FintechLow CIBIL
    15.96%
    Max: ₹10 LakhSalary: ₹15,000CIBIL: 650+Fee: 2-8%Foreclosure: Nil after 3 EMI4 hrs
    🟢
    KreditBee
    FintechLow CIBIL
    16%
    Max: ₹5 LakhSalary: ₹12,000CIBIL: 600+Fee: Up to 6%Foreclosure: Nil after 6 EMI2 hrs
    Rate Factors

    Why Do Personal Loan Rates Vary So Much?

    Your CIBIL score is the single biggest factor. Here is what to expect:

    CIBIL 750+
    Best rate
    10.5% – 12%
    CIBIL 700 – 749
    Good rate
    12% – 15%
    CIBIL 650 – 699
    Higher rate
    15% – 18%
    Below 650
    Very high or rejected
    18%+

    Other factors that affect your rate: employer category, monthly salary, city, and existing EMI obligations.

    EMI Calculator

    Plan Your Personal Loan EMI

    ₹5,00,000
    ₹50K₹50 Lakh
    12%
    10%24%
    3 years
    1 yr5 yrs

    Monthly EMI

    ₹16,607

    Total Interest

    ₹97,858

    Total Payable

    ₹5,97,858

    Documents

    Documents Required

    Aadhaar Card (front & back)
    PAN Card
    Last 3 months salary slips
    Last 6 months bank statement (salary account)
    Employment ID / Offer letter
    Address proof (utility bill / rent agreement)
    FAQ

    Common Questions

    Still Confused Which Lender Is Right for You?

    Our experts analyse your profile and recommend the best option — for free.