Personal loans are unsecured loans, which means banks and finance companies don’t ask for any collateral for personal loans. Currently, personal loan interest rates are starting at 9.47%. At BankMark, we understand that finding the right personal loan with competitive interest rates is crucial for your peace of mind. We are here to help you!
Banks & NBFCs | Interest Rate | Processing Fees |
|---|---|---|
 | Starting From 10.65% | Upto 2% |
 | 10.50%-24.00% | Up 1.50% |
 | 9.47%-15% | 2%-5% |
 | 12%-31% | Upto 5% |
 | 10.65%-16.50% | Upto 2.50% |
 | 11%-37% | Upto Rs. 14,999/ |
 | 10.99%-35% | Upto 5.5% |
 | 12.75%-44% | 2%-6% |
 | 10.75%-36% | Upto 3.50% |
 | 10.25%-32.02% | Upto 2% |
We are committed to ensuring that you not only secure a personal loan but also avail of the best interest rate that perfectly aligns with your financial planning.
Our personal loan application process is designed to be entirely paperless. You can complete the entire loan application from the comfort of your mobile.
Our streamlined procedures leverage advanced technology and a dedicated team to expedite the approval process without compromising on thoroughness.
No, personal loan payments aren't usually tax deductible. Think of it like this: the loan helps with personal expenses, not business or tax-advantaged ones. However, exceptions exist! For education, business, or major home improvements, interest might be deductible.
Personal loan can not be transferred from one person to another person but there are some alternate ways to do that. You can transfer loan to another lender and add the new borrower for increase creditworthiness with new terms.
Personal loans interest is higher than home loans because personal loans are unsecured loan. It means that you don't need to mortgage anything to get personal loan.
Both Personal Loan and Instant loan are Unsecured loans. Personal loan rate is usually cheaper than instant loan. Personal loan usually took about 2 to 5 days and instant loan can get within 30 minutes. Personal loan tenure is longer than instant loan.
Yes, if you are having bad credit you can still get personal. In this case your personal loan interest can be higher than usual.
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