Personal Loan Interest Rate: People take personal loans to fulfill their dream of buying a new house and car. If you are also thinking of taking a loan, then for your information, let us tell you that five banks are giving loans at low interest rates. Let us know in the news below-
Personal loan has the highest interest rate compared to other loans like home loan, car loan, gold loan. Therefore, a personal loan should be taken only when there is a great need and there is no other option left. Before taking a personal loan, the customer should compare the offers of different banks.
Personal loan should be taken from where the interest rate is lowest. You should also compare the processing fees. Customers who have a good credit score often get the right interest rate on personal loans. Today we will talk about 5 such banks which are offering the lowest interest rates on personal loans.
Bank of Maharashtra Personal Loan Rate
Bank of Maharashtra is offering 10 percent or more interest rate (Bank of Maharashtra Personal Loan Rate) on personal loans up to Rs 20 lakh. The period in this will last for 84 months.
Punjab and Sindh Bank Personal Loan Rates
Punjab & Sind Bank is offering interest rates ranging from 10.15 percent to 12.80 percent on personal loans up to Rs 3 lakh. The duration in this is up to 60 months.
Bank of India Personal Loan Rate
Bank of India is offering 10.25 or more interest rates (Bank of India Personal Loan Rate) on personal loans up to Rs 20 lakh. Here the period is up to 84 months.
IndusInd bank personal loan rates
IndusInd Bank is offering interest rates ranging from 10.25 percent to 32.02 percent on personal loans of Rs 30 thousand or more and up to Rs 25 lakh. The tenure here ranges from 12 to 60 months.
Bank of Baroda Personal Loan Rates
Bank of Baroda is offering interest rates ranging from 10.35 percent to 17.50 percent on personal loans ranging from Rs 50 thousand to Rs 20 lakh. Here the duration ranges from 48 to 60 months.