Personal Loan: Suddenly anyone needs money for medical emergency, education, marriage and traveling. All banks charge different rates of interest on personal loans.
Cheapest Personal Loan: If you want to take a personal loan, you may need to take a personal loan to meet the emergent needs. So you can easily take a loan from these 25 banks at affordable interest rates. Suddenly anyone needs money for medical emergency, education, marriage and traveling. All banks charge different rates of interest on personal loans . You do not have to pledge any property to avail a personal loan. Banks check the credit score of the customer before giving a personal loan . Let us know from which banks you can get cheap personal loan.
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These banks are offering the cheapest personal loan
Name of bank Rate of interest (%) Name of bank Rate of interest (%)
Union Bank 8.90% Federal Bank 10.49%
central bank 8.90% IDFC Bank 10.49%
Punjab National Bank 8.90% HDFC bank 10.50%
Indian Bank 9.05% ICICI Bank 10.50%
Bank of Maharashtra 8.45% South Indian Bank 10.55%
Punjab And Sind Bank 9.50% IOB Bank 10.80%
IDBI Bank 9.50% IndusInd Bank 11.00%
State Bank Of India 9.60% canada bank 11.25%
Bank of Baroda 10.00% Dhanlaxmi Bank 11.90%
UCO Bank 10.05% Axis Bank 12.00%
Kotak Bank 10.25% Kannur Bank 12.00%
BOI Bank 10.35% Karnataka Bank 12.45%
Yash Bank 10.40%
Please tell that these three government banks are providing the cheapest personal loan. The cheapest personal loan is from Union Bank, which is offering you the loan at an interest rate of 8.90 per cent. If you want Rs 5 lakh for five years, then you will have to pay EMI of only Rs 10,355 per month at this interest rate. After this comes the name of the Central Bank. This bank is also giving you a personal loan at an interest rate of 8.90 percent. Talking about EMI, for this you will have to pay 10,355 per month.
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At the same time, the personal loan interest rate of Punjab National Bank is only 8.90 percent. If the same amount is required for the same tenure, then you will have to pay an EMI of Rs 10,355 per month only. At present, some banks are offering personal loans at affordable rates. The rates of interest in the personal loan offer of Indian Bank start from 9.05 percent. Talking about Bank of Maharashtra, it is offering personal loan at the lowest rate of 9.45 per cent and Punjab and Sind Bank and IDBI Bank at 9.50 percent.
This bank is also giving cheap loan
The country’s largest bank SBI is also providing personal loans at affordable rates. State Bank of India’s personal loan rate is 9.60 percent. This bank is currently offering processing fee waiver along with low interest on personal loans. ICICI Bank and HDFC Bank rates start from 10.5 per cent.
English News Headline : Cheapest personal loan available in 25 banks.