Latest Interest Rates

Find the Best Loan Interest Rates

Easily compare the latest loan interest rates from top public and private sector banks. Make informed decisions and secure the best loan terms for your needs. Our comprehensive loan rate comparison tool helps you save time and money by presenting the most up-to-date rates in one convenient place. Interest rates may vary based on factors like your CIBIL Score, loan amount, repayment tenure, and corporate tie-ups. It’s best to check with the bank for the latest rates and eligibility criteria. We provide the link here with the bank name for your convenience.

Select Loan Type:

Bank Name	Interest Rate (%)	Period (Min/Max)	Maximum Loan	Link

Vidya Lakshmi Portal

For Application of Education Loan – Applications Should Be Routed Through Vidya Lakshmi Portal

Vidya Lakshmi Portal is a comprehensive platform designed for students seeking educational loans to pursue their studies. The portal provides access to multiple banks and facilitates the loan application process in a seamless manner. Through this portal, students can apply for educational loans to study both domestically and internationally. All Education Loans application should be applied through Vidya Lakshmi Portal. For students interested in educational loans, the Vidya Lakshmi Portal is the go-to solution.

Click Here to Apply in Vidya Lakshmi Portal

Hidden Costs of Personal Loans

Hidden Costs of Personal Loans: Uncovering Fees and Charges You Need to Know

Taking out a personal loan may seem straightforward, but beneath the surface, there are various fees and charges that can significantly impact the total cost of your loan. From processing fees to prepayment penalties, it’s essential to understand these hidden costs to make an informed borrowing decision. In this section, we’ll break down the most common fees associated with personal loans in India, so you’re never caught off guard.

व्यक्तिगत ऋण लेना आसान लगता है, लेकिन इसके साथ कई छिपे हुए शुल्क और खर्चे हो सकते हैं जो आपके ऋण की कुल लागत को बढ़ा सकते हैं। प्रोसेसिंग फीस से लेकर प्रीपेमेंट पेनल्टी तक, इन खर्चों को समझना जरूरी है ताकि आप सही निर्णय ले सकें। इस खंड में, हम भारत में व्यक्तिगत ऋण से जुड़े आम खर्चों को सरल तरीके से समझाएंगे, ताकि आप किसी भी चीज़ से अनजान न रहें।

Amount: Usually 0.5% to 3% of the loan amount.
Purpose: Charged for processing the loan application and documentation.

Amount: Typically 2% to 5% of the outstanding loan amount.
Purpose: If you decide to repay your loan before the completion of the loan tenure, lenders may charge a prepayment or foreclosure fee.

Amount: 1% to 2% of the overdue EMI.
Purpose: Charged if an EMI is not paid on time.

Amount: ₹50 to ₹500 (may be waived by some banks).
Purpose: Charged for obtaining a physical copy of the loan statement.

Amount: ₹1,000 to ₹5,000 or more.
Purpose: If you cancel the loan after it has been sanctioned but before disbursement, a cancellation charge may apply.

Amount: ₹500 to ₹2,000.
Purpose: Charged for documentation services provided by the lender.

Amount: ₹1,000 to ₹10,000, depending on the complexity.
Purpose: Charged if legal advice or services are needed for the loan.

Amount: Varies, usually ₹200 to ₹500.
Purpose: Charged for verifying the borrower’s documents and creditworthiness.

Amount: ₹200 to ₹1,000 per bounced cheque.
Purpose: Charged if a cheque issued for loan repayment bounces due to insufficient funds.

Amount: 18% on processing fees, prepayment charges, and other applicable fees.
Purpose: Government taxes applicable on the services provided by the lender.

Amount: ₹500 to ₹5,000.
Purpose: If you wish to switch from a floating interest rate to a fixed rate, or vice versa.

Amount: ₹200 to ₹500.
Purpose: Charged for obtaining a duplicate NOC if the original is lost.