Personal Loan
Collateral-free funds for any personal need. Compare published rates, eligibility and documents from SBI Bank, HDFC Bank, ICICI Bank, Aditya Birla Capital (ABFL).
- Interest from
- 9.99%*
- Loans from
- ₹50K
- Tenure up to
- 7 yrs
Compare lenders
Personal Loan from India’s leading lenders
Published rates and limits. The bank decides the final rate, amount and fees for each customer.
SBI Bank
Public sector bank
- Interest
- 10.00% – 15.00% p.a.
- Amount
- ₹1 lakh – ₹50 lakh (EMI up to 65% of net monthly income and up to 30× net monthly income, whichever is lower)
- Tenure
- 6 – 84 months (to be closed by retirement or age 60)
- Processing fee
- Negotiable
- No security, no guarantor
- Minimal documentation, digital document execution
- Term loan on daily reducing balance, or overdraft with reducing drawing power
- Pre-approved personal loans in 4 clicks on YONO for selected customers (SMS "PAPL <last 4 digits of account>" to 567676)
HDFC Bank
Private sector bank
- Interest
- 9.99% p.a. onwards
- Amount
- Up to ₹1 crore
- Tenure
- 1 – 7 years
- Processing fee
- Negotiable
- Loan up to ₹1 crore
- Instant disbursal for eligible customers
- Zero processing fee on balance transfer
ICICI Bank
Private sector bank
- Interest
- 9.99% p.a. onwards
- Amount
- ₹50,000 – ₹50 lakh
- Tenure
- 12 – 84 months
- Processing fee
- Negotiable
- Loan up to ₹50 lakh
- Tenure up to 84 months
- Available to salaried and self-employed customers
Aditya Birla Capital (ABFL)
NBFC · Aditya Birla Group
- Interest
- 10.99% p.a. onwards
- Amount
- Up to ₹50 lakh
- Tenure
- 1 – 7 years
- Processing fee
- Negotiable
- 100% digital application
- No collateral; use the money for any purpose
- Disbursal in 24–48 hours after approval
*Rates as published on the lenders’ websites on 24 Oct 2026; subject to change. Approval, rate and fees are at the lender’s sole discretion.
Highlights
- Personal loans from SBI Bank (10.00%* p.a. onwards), HDFC Bank (9.99%* onwards), ICICI Bank (9.99%* onwards) and Aditya Birla Capital (ABFL, 10.99%* onwards)
- Loans up to ₹1 crore (HDFC Bank) and ₹50 lakh (SBI Bank, ICICI Bank, ABFL)
- Repayment up to 84 months
- No collateral and no guarantor
- Processing fee: SBI Bank up to 1.50% (max ₹15,000) + GST; ICICI Bank up to 2% + taxes; ABFL 1.5%–4%
Who can apply
- Salaried customers; ICICI Bank also lends to the self-employed
- Age: SBI Bank 21–60; HDFC Bank 21–60; ICICI Bank 20–58 (salaried), 23–65 (self-employed); ABFL 21 or 23 to 60, depending on the loan
- Net monthly income: SBI Bank ₹20,000 (Govt/Defence) or ₹25,000 (Corporate); HDFC Bank ₹25,000; ICICI Bank ₹30,000 (salaried)
- SBI Bank: a Salary Package Account with SBI
- A good credit score helps (ICICI Bank prefers 750+; ABFL says 700+ gets quicker approval)
Documents
KYC
- PAN card
- Aadhaar card
- Photograph
Income
- Salary slips (last 3–6 months)
- Form 16 or latest ITR
- Salary account statement (last 3–6 months)
Employment
- Employer ID card or service certificate (SBI Bank)
Note
- The lender decides the final document list for each customer
For partners
How you earn with this product
- 1
Refer a customer who needs a personal loan, in under 2 minutes
- 2
The bank or NBFC checks the customer and decides the loan
- 3
Commission is variable: it depends on the lender and the product, and is credited to your wallet when the loan is disbursed
- 4
Withdraw to your bank account anytime (min ₹100)
Selling tips
- • Salaried customers with a steady income and a good credit score get the best offers.
- • Ask where the salary is credited: SBI Bank lends to its Salary Package Account holders, often instantly on YONO.
- • Keep the EMI realistic: banks cap total EMIs at a share of take-home pay.
- • For larger needs, a customer who owns property may save with a Loan Against Property instead.
EMI calculator
Monthly EMI
₹34,234
- Principal
- ₹20,00,000
- Total interest
- ₹8,75,686
- Total payable
- ₹28,75,686
Indicative only. The bank decides the final rate and EMI.