Skip to content
July 16, 2025
  • Facebook
  • Twitter
  • Linkedin
  • VK
  • Youtube
  • Instagram

Web Biz Directory

Connect with Us

  • Facebook
  • Twitter
  • Linkedin
  • VK
  • Youtube
  • Instagram
Primary Menu
  • Home
  • Business
  • Digital Art
  • Stories
  • Health
  • Blog
Subscribe
  • Home
  • Business
  • Personal Loan 2025 Interest Rate: Check What SBI, ICICI, And 6 Other Banks Are Offering | Banking and Finance News
  • Business

Personal Loan 2025 Interest Rate: Check What SBI, ICICI, And 6 Other Banks Are Offering | Banking and Finance News

The Post Master July 13, 2025 3 min read
[keyword]

Personal Loan 2025 Interest Rate: Check What SBI, ICICI, And 6 Other Banks Are Offering | Banking and Finance News

Last Updated:July 13, 2025, 09:52 IST

Personal Loan Offers 2025: Banks offer personal loans with interest rates ranging from 9.50% to 22.31% and processing fees from 0.50% to 3.5%.

A score of 700-750 and above is generally considered ‘good.’ (Representative Image)

A score of 700-750 and above is generally considered ‘good.’ (Representative Image)

Personal Loan Offers 2025: Banks offer varied interest rates to customers for a personal loan, which is an unsecured credit to be used for various personal expenses. The rate of interest that bank charge from customers ranges between 9.50 per cent to 10.50 per cent. They will also cut the processing fee and GST while disbursing these personal loans to customers.

The processing fee may start from 2 per cent to reach up to 3.5 per cent.

A personal loan helps you to get quick credit for personal needs without offering any security like property or gold. You can use a personal loan for medical emergencies, marriage expenses, travel or vacation, home renovation, debt consolidation, and many more.

Let’s see the comparison of personal loan rates offered by top Indian lenders in 2025 (As of July 13).

Bank Personal Loan Interest Rate Offers 2025

BankInterest Rate (p.a.)Processing Fee
Bank of Maharashtra9.50% p.a.Up to 1%
HSBC Bank10.15% p.a. – 16.00% p.a.Up to 2%
State Bank of India10.30% p.a. to 15.30% p.a.Up to 1.50%
South Indian Bank10.50% p.a. to 22.31% p.a.1% for loan amount above Rs.25 lakh
Indian Overseas Bank10.50% p.a. to 13.90% p.a.Up to 0.50%
ICICI Bank10.85% p.a. – 16.65% p.a.Up to 2%
IDFC First Bank10.70% p.a. onwardsUp to 2%
IndusInd Bank10.49% p.a. onwardsUp to 3.5% onwards

What Are Pros And Cons Of Personal Loan?

There are a lot of advantages of personal loans including no collateral requirement, quick approval and disbursal, fixed EMI & tenure, and flexible use.

However, customers need to pay higher interest rates on personal loans because there’s no collateral or security. Moreover, they have to pay a processing fee (1% to 5%) of the loan amount, GST, late payment charges and prepayment penalties, etc.

The one who is applying for a credit score must have a score above 700+, stable income and proper documentation to be at least eligible for a personal loan offer.

Missing EMIs or defaulting can damage your credit history badly and hurt your chances of future loans.

A personal loan is helpful when you need money urgently and have no other cheaper options. But it should be used wisely — not for luxuries or avoidable expenses — because the interest and repayment burden is real.

authorimg

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated!

view comments

    First Published:
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

#Personal #Loan #Interest #Rate #Check #SBI #ICICI #BanksAreOffering #Banking #Finance #News

Source link

About The Author

The Post Master

See author's posts

Continue Reading

Previous: "Vibrant Market Day in the City" Digital Art Download.
Next: Horoscope, July 6, 2025: Insights For Every Zodiac Sign

Related Stories

[keyword]
3 min read
  • Business

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 16 | Business News

The Post Master July 16, 2025
[keyword]
2 min read
  • Business

Parliament’s Select Committee Adopts New Income Tax Bill, Clears Way For Passage In Monsoon Session | Politics News

The Post Master July 16, 2025
[keyword]
3 min read
  • Business

Another Rate Cut On The Cards? RBI Governor Hints At Possibility If Inflation Eases | Economy News

The Post Master July 16, 2025

Build a WordPress News Site Fast

Connect with Us

  • Facebook
  • Twitter
  • Linkedin
  • VK
  • Youtube
  • Instagram

Trending News

Indian Man’s Arrest In US For Child Porn Possession Sparks Political Row In Punjab Over ‘AAP Links’ | World News Untitled-design-5-2025-07-19aa7233e2fcfc8e61490fe54eb9d8ac-16x9.jpg 1
  • World

Indian Man’s Arrest In US For Child Porn Possession Sparks Political Row In Punjab Over ‘AAP Links’ | World News

July 16, 2025
'That is horrific' – India rue 'awful' run out 97f2f470-626b-11f0-b1b9-2b94c1f6d9f3.jpg 2
  • Stories

'That is horrific' – India rue 'awful' run out

July 16, 2025
A Fun Challenge for Adults photo-1626195205019-e39840c1df1c.jpeg 3
  • Digital Products

A Fun Challenge for Adults

July 16, 2025
US ambassador calls on Israel to ‘aggressively investigate’ West Bank killing e5689100-6226-11f0-b5c5-012c5796682d.jpg 4
  • World

US ambassador calls on Israel to ‘aggressively investigate’ West Bank killing

July 16, 2025
Volcano erupts in Iceland spewing lava from the ground e44f8470-6269-11f0-b1b9-2b94c1f6d9f3.jpg 5
  • Stories

Volcano erupts in Iceland spewing lava from the ground

July 16, 2025

You may have missed

Untitled-design-5-2025-07-19aa7233e2fcfc8e61490fe54eb9d8ac-16x9.jpg
3 min read
  • World

Indian Man’s Arrest In US For Child Porn Possession Sparks Political Row In Punjab Over ‘AAP Links’ | World News

The Post Master July 16, 2025
97f2f470-626b-11f0-b1b9-2b94c1f6d9f3.jpg
1 min read
  • Stories

'That is horrific' – India rue 'awful' run out

The Post Master July 16, 2025
photo-1626195205019-e39840c1df1c.jpeg
12 min read
  • Digital Products

A Fun Challenge for Adults

The Post Master July 16, 2025
e5689100-6226-11f0-b5c5-012c5796682d.jpg
2 min read
  • World

US ambassador calls on Israel to ‘aggressively investigate’ West Bank killing

The Post Master July 16, 2025

Build a WordPress News Site Fast

About AF themes

We mainly focus on quality code and elegant design with incredible support. Our WordPress themes and plugins empower you to create an elegant, professional and easy to maintain website in no time at all.

View Starter Sites
Try Live Demo

हिंदी न्यूज़ वेबसाइट कैसे बनाएं 

  • Facebook
  • Twitter
  • Linkedin
  • VK
  • Youtube
  • Instagram
Copyright © All rights reserved. | MoreNews by AF themes.