BankCreds Research · Statistical report
Personal Loan Interest Rates in India: 16-Lender Research Report
Published personal-loan interest rates in India ran from 8.90% (Union Bank of India) to 33% (Tata Capital) a year on 8 October 2026, according to BankCreds Research’s check of 16 lenders’ own websites. Rates actually charged sat above the advertised starting rates: across the 8 lenders that disclose them, the average rate charged was a median 2.84 percentage points above the advertised “from” rate.
- Published
- 8 October 2026
- Last updated
- 25 October 2026
- Data period
- Snapshot of 8 October 2026
- Dataset
- lender sites v1.0 · 16 lenders
By BankCreds Research & Data Team · Reviewed by BankCreds Financial Experts · Fact-checked by BankCreds Content & SEO Team
Executive summary
BankCreds Research read the personal-loan rate, fee and charges pages of 16 banks and NBFCs on 8 October 2026, together with the disclosures lenders publish of the rates they actually charged in a past quarter, and every credit-score rate grid we could find for personal and home loans. Advertised starting rates sit close together (median 10.07%), while upper limits run from a median 15.75% at public sector banks to 30.50% at NBFCs. The rates borrowers actually paid sit above the advertised floor — at Kotak Mahindra Bank the quarter’s average was 21.89% against an advertised 10.25%. Only 6 of the lenders we checked publish personal-loan rates by credit score; on their grids, a score of 725 instead of 820 adds a median 1.07 percentage points.
Key findings
Each finding is self-contained and may be quoted with attribution to BankCreds Research. Link a single finding with its anchor (#finding-1, #finding-2 …).
- 1
BankCreds Research’s check of 16 lenders’ own websites on 8 October 2026 found published personal-loan interest rates from 8.90% a year (Union Bank of India) to 33% (Tata Capital).
- 2
Starting rates were close together — a median of 10.07%, with 6 lenders advertising a rate below 10% — but upper limits were not: the median top rate was 19.55%.
- 3
Public sector banks published the lowest upper limits: a median top rate of 15.75%, against 21.50% at private banks and 30.50% at NBFCs.
- 4
Lenders’ own disclosures show what borrowers actually paid: across the 8 lenders that publish a quarter’s average rate, that average was a median 2.84 percentage points above the advertised starting rate, and at 5 of them it was 2 percentage points or more above it.
- 5
The widest gap was at Kotak Mahindra Bank: advertised from 10.25%, it charged an average 21.89% in its latest disclosed quarter. The narrowest was at HDFC Bank: an average 10.89% against 9.99% advertised.
- 6
APR — interest plus fees as an annual rate — runs above the headline rate: Tata Capital publishes an APR of up to 45% against interest of up to 33%. 4 of the 16 lenders publish an APR on their rate pages.
- 7
Processing fees reached 5% of the loan (Kotak Mahindra Bank and Tata Capital), usually plus GST and often deducted from the amount paid out.
- 8
Only 6 of the lenders we checked publish personal-loan rates by credit score — Punjab National Bank, Union Bank of India, UCO Bank, Indian Overseas Bank, Bank of Maharashtra and Punjab & Sind Bank — in 41 grids; we found none at the other 15 lenders we checked for one.
- 9
On those grids, a score of 725 instead of 820 adds a median 1.07 percentage points to the personal-loan rate (between 0.55 and 2.00 points, depending on the bank), and a score of 690 adds 1.88 percentage points. On a ₹5 lakh loan over 5 years, the 725 score costs about ₹14,681 more in interest.
- 10
Home-loan grids price the score less steeply: across 29 grids from 11 lenders, 725 instead of 820 adds a median 0.39 percentage points and 690 adds 0.89 percentage points — still about ₹3,72,114 more interest at 725 on a ₹50 lakh, 20-year loan.
- 11
Rate grids lag the repo rate: on 8 October 2026, 11 of 41 personal-loan grids and 8 of 29 home-loan grids printed rates on a benchmark already revised for RBI’s latest repo change. The gaps between score bands are unaffected.
Key statistics
- Lowest published rate
- 8.90%
- Union Bank of India
- Average rate charged (median)
- 12.83%
- 8 lenders’ latest quarter
- Score 725 vs 820, personal loans
- +1.07 points
- median of 6 banks’ grids
- Highest published APR
- 45%
- Tata Capital
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Advertised rates vs what borrowers pay
A personal-loan “from” rate is the price for the lender’s best-rated borrowers. Under RBI’s rules, banks also publish the range and the average of the rates they actually charged on loans made in a past quarter — the closest public view of what borrowers pay. 8 of the 16 lenders publish it for personal loans. Their averages sat a median 2.84 percentage points above the advertised starting rate, from 0.90 percentage points at HDFC Bank to 11.64 percentage points at Kotak Mahindra Bank. A higher average does not by itself mean a lender overcharges — it largely reflects who that lender lends to — but it does mean the advertised rate says little about the rate a typical applicant will be offered.
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APR: the rate with fees included
Since October 2024, RBI has required lenders to give retail borrowers a Key Facts Statement that shows the annual percentage rate (APR) — interest plus processing and other charges, as one annual rate. On a short loan with a high upfront fee the APR can sit far above the interest rate. 4 lenders also publish APR ranges on their rate pages; Tata Capital’s reaches 45%. Before accepting an offer, compare APRs in the Key Facts Statement, not headline rates.
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How your credit score changes the rate
Banks that publish score grids set the rate as a benchmark plus a spread that rises as the score falls. Across 41 personal-loan grids from Punjab National Bank, Union Bank of India, UCO Bank, Indian Overseas Bank, Bank of Maharashtra and Punjab & Sind Bank, moving from a score of 820 to 775 adds a median 0.28 percentage points, to 725 adds 1.07 percentage points and to 690 adds 1.88 percentage points. Some schemes publish no rate at all below a score: 10 of the 41 personal-loan grids have no band for a score of 690. The widest grid, at Bank of Maharashtra, spans 4.40 percentage points from its best band to its worst. Most lenders — including the large private banks — publish only a range, so a borrower can see the effect of their score only in the offer itself.
Fees and the real cost of a loan
Processing fees ranged up to 5% of the loan at Kotak Mahindra Bank and Tata Capital, usually plus GST; IDFC FIRST Bank published a nil fee at the low end. On a ₹5 lakh loan over 5 years, interest alone would total about ₹1,21,296 at the lowest published rate (8.90%) and ₹5,26,601 at the highest (33%) — a difference of ₹4,05,305 before fees.
Personal loan rates after the repo rate change
Personal loans at private banks and NBFCs are mostly fixed-rate, so a repo change affects only new offers. Public sector banks often link personal loans to a repo-based benchmark, and their published grids carry the benchmark value they were printed on. On 8 October 2026, 11 of 41 personal-loan grids already used a benchmark revised for RBI’s latest change; the rest still showed rates on the earlier benchmark. We record every rate exactly as printed and compare grids only by the gaps between their bands.
Data tables
Personal loan terms by lender — as published on 8 October 2026
| Lender | Type | Interest rate (% a year) | Processing fee | Max loan | Max tenure | Date shown on page |
|---|---|---|---|---|---|---|
| Union Bank of India | PSU bank | 8.90% – 12.65% | 1% | ₹25 lakh | 84 months | 24 Jul 2026 |
| Canara Bank | PSU bank | 9.70% – 15.75% | 0.50% | ₹50 lakh | 84 months | 12 Mar 2026 |
| HDFC Bank | Private bank | 9.99% – 24% | up to ₹6,500 | ₹50 lakh | 72 months | Oct 2026 |
| ICICI Bank | Private bank | 9.99% – 16.50% | up to 2% | ₹50 lakh | 84 months | Undated |
| Axis Bank | Private bank | 9.99% – 22% | up to 2% | ₹50 lakh | 84 months | Oct 2026 |
| IDFC FIRST Bank | Private bank | from 9.99% | Nil–3.50% | ₹15 lakh | 60 months | Oct 2026 |
| State Bank of India | PSU bank | 10% – 15% | 0.75%–1.50% | ₹50 lakh | 84 months | 15 Dec 2025 |
| Bajaj Finance Ltd | NBFC | 10% – 30.50% | up to 4.13% | ₹55 lakh | 108 months | Oct 2026 |
| Bank of Baroda | PSU bank | 10.15% – 18.10% | 1%–2% | ₹20 lakh | 84 months | 8 Oct 2026 |
| Punjab National Bank | PSU bank | 10.25% – 16.80% | 0.50%–1% | ₹20 lakh | 72 months | Undated |
| Kotak Mahindra Bank | Private bank | 10.25% – 30% | up to 5% | ₹1 crore | 72 months | Undated |
| IndusInd Bank | Private bank | from 10.49% | up to 3.50% | ₹50 lakh | 84 months | Undated |
| L&T Finance | NBFC | 10.50% – 24% | up to 4% | ₹30 lakh | 72 months | Undated |
| Yes Bank | Private bank | 10.85% – 21% | up to 2.50% | ₹50 lakh | 72 months | Undated |
| Tata Capital | NBFC | 10.99% – 33% | up to 5% | ₹35 lakh | 72 months | 23 Sep 2026 |
| Federal Bank | Private bank | 11.99% – 17.49% | up to 3% | ₹25 lakh | 60 months | Undated |
Ranges include each lender’s published fixed-rate options; staff schemes and secured loans are excluded. “from” = only a starting rate is published. Fees exclude GST unless the lender includes it. Not readable (or only partly): Bank of India, Federal Bank, South Indian Bank, CSB Bank.
Advertised rate vs rates actually charged (latest disclosed quarter)
| Lender | Advertised from | Quarter | Lowest charged | Highest charged | Average charged | Average − advertised |
|---|---|---|---|---|---|---|
| Kotak Mahindra Bank | 10.25% | quarter ended June 30th, 2026 | 9.75% | 30% | 21.89% | +11.64 |
| Yes Bank | 10.85% | April 2026 - June 2026 | 10.50% | 21% | 16.12% | +5.27 |
| IndusInd Bank | 10.49% | Q1 2026-27 | 9.99% | 27.75% | 15.46% | +4.97 |
| Axis Bank | 9.99% | Apr'26 - Jun'26 (disbursed) | 8.75% | 21.55% | 13.07% | +3.08 |
| IDFC FIRST Bank | 9.99% | Q1 FY 26-27 | 9.99% | 24% | 12.58% | +2.59 |
| State Bank of India | 10% | Q1 FY 2026-27 | — | — | 11.54% | +1.54 |
| ICICI Bank | 9.99% | April 2026 to June 2026 | 9.99% | 16.50% | 11.45% | +1.46 |
| HDFC Bank | 9.99% | Apr 2026 to Jun 2026 (Q1 2026-27) | 9.97% | 24.06% | 10.89% | +0.90 |
Lenders publish the minimum, maximum and average (mean) interest rate on loans they made in a past quarter, under RBI’s fair-practices rules; banks label the period differently. “Average − advertised” is in percentage points.
Interest rate vs APR (interest plus fees, as an annual rate)
| Lender | Interest rate | APR | APR basis |
|---|---|---|---|
| Tata Capital | 10.99% – 33% | 10.99% – 45% | Published range |
| IndusInd Bank | from 10.49% | 10% – 34.91% | Offered FY26-27 |
| HDFC Bank | 9.99% – 24% | 9.99% – 33.94% | Offered Apr 2026 to Jun 2026 (Q1 2026-27) |
| Yes Bank | 10.85% – 21% | 10.58% – 26.03% | Published range |
APR includes processing and other charges, so it is higher than the interest rate for the same loan; lenders publish it on their rate pages.
Extra interest rate by credit score, vs a score of 820 (percentage points)
| Credit score | Personal: median | Personal: bank range | Grids with a rate | Home: median | Home: bank range | Grids with a rate |
|---|---|---|---|---|---|---|
| 775 | +0.28 | 0.10 – 1.00 | 41 of 41 | +0.05 | 0.00 – 0.27 | 29 of 29 |
| 725 | +1.07 | 0.55 – 2.00 | 35 of 41 | +0.39 | 0.20 – 0.70 | 27 of 29 |
| 690 | +1.88 | 1.25 – 2.70 | 31 of 41 | +0.89 | 0.20 – 1.78 | 27 of 29 |
| 660 | +2.00 | 1.25 – 3.80 | 26 of 41 | +0.78 | 0.20 – 1.78 | 22 of 29 |
Each published grid is priced at the score shown and at 820; the difference is taken within the grid, so it holds whether or not the grid’s printed rates include the latest repo change. Median = median across banks of each bank’s median grid. A grid with no band for a score (the lender does not price that score in that scheme) is left out at that score.
Published credit-score grids by bank
| Bank | Loan | Grids | Best rate (score 820) | + at 775 | + at 725 | + at 690 | Printed rates |
|---|---|---|---|---|---|---|---|
| Punjab National Bank | Personal | 9 | 10.60% | +1.00 | +2.00 | +2.10 | pre-hike |
| Union Bank of India | Personal | 10 | 8.90% | +0.30 | +0.90 | +1.30 | pre-hike |
| UCO Bank | Personal | 8 | 10.20% | +0.25 | +0.75 | +1.25 | post-hike |
| Indian Overseas Bank | Personal | 4 | 10.25% | +0.15 | +1.23 | +2.70 | pre-hike |
| Bank of Maharashtra | Personal | 7 | 9.75% | +0.75 | +1.75 | +1.75 | pre-hike |
| Punjab & Sind Bank | Personal | 3 | 10.25% | +0.10 | +0.55 | +2.00 | post-hike |
| Punjab National Bank | Home | 2 | 7.20% | +0.02 | +0.58 | +1.78 | pre-hike |
| Canara Bank | Home | 1 | 8.75% | +0.00 | +0.25 | +0.25 | pre-hike |
| Union Bank of India | Home | 5 | 7.20% | +0.15 | +0.20 | +0.20 | pre-hike |
| UCO Bank | Home | 2 | 7.60% | +0.27 | +0.50 | +1.50 | post-hike |
| Indian Overseas Bank | Home | 5 | 7.20% | +0.05 | +0.60 | +1.00 | pre-hike |
| Bank of Maharashtra | Home | 2 | 7% | +0.25 | +0.70 | +1.40 | pre-hike |
| Punjab & Sind Bank | Home | 6 | 7.65% | +0.15 | +0.50 | +1.65 | post-hike |
| Jammu & Kashmir Bank | Home | 1 | 7.50% | +0.00 | +0.20 | +0.45 | pre-hike |
| ICICI Bank | Home | 2 | 8.50% | +0.05 | — | — | unclear |
| Axis Bank | Home | 1 | 8% | +0.00 | +0.20 | +0.20 | pre-hike |
| L&T Finance | Home | 2 | 7.75% | +0.13 | +0.28 | +0.78 | unknown |
“+ at” = extra percentage points vs a score of 820 (median of the bank’s grids). Printed rates: “pre-hike” = the grid still uses the benchmark before RBI’s 7 October 2026 repo change; “post-hike” = already updated. Canara Bank prices home loans by internal risk grade, not bureau score, and is not included.
Every published credit-score grid, priced at reference scores (% a year, as printed)
| Bank | Loan | Scheme / segment | 820 | 775 | 725 | 690 | 660 | Printed rates |
|---|---|---|---|---|---|---|---|---|
| Punjab National Bank | Personal | PNB Sahyog Rin – B: Govt employees drawing salary through PNB; Central… | 10.60% | 11.60% | 12.60% | 12.60% | 13.10% | pre-hike |
| Punjab National Bank | Personal | PNB Sahyog Rin – C: Corporate/other employees drawing salary through P… | 11.60% | 12.60% | 14.60% | 14.60% | 15.10% | pre-hike |
| Punjab National Bank | Personal | PNB Sahyog Rin – D: Loan to employees under check off facility | 13.10% | 13.60% | 15.30% | 15.30% | 15.80% | pre-hike |
| Punjab National Bank | Personal | Digital Personal Loan – PAPL to Central Govt./ State Govt./ PSU/ Pvt. … | 10.60% | 11.60% | 12.60% | — | — | pre-hike |
| Punjab National Bank | Personal | Digital Personal Loan – PAPL to pensioners | 10.60% | 10.60% | 10.60% | 10.60% | — | pre-hike |
| Punjab National Bank | Personal | Digital Personal Loan – PAPL to existing customer on the basis of QAB … | 10.60% | 12.60% | — | — | — | pre-hike |
| Punjab National Bank | Personal | Digital Personal Loan – PAPL to existing Car Loan, Home Loan and Perso… | 10.60% | 11.60% | — | — | — | pre-hike |
| Punjab National Bank | Personal | Digital Personal loan to NTB customers PNB SWAAGAT | 10.60% | 11.60% | 12.60% | — | — | pre-hike |
| Punjab National Bank | Personal | Digital Personal Loan – PAPL to fully repaid home loan/ car loan/ educ… | 10.60% | 11.60% | — | — | — | pre-hike |
| Union Bank of India | Personal | Union Personal – Salaried Individuals other than Government Employee (… | 9.05% | 9.35% | 9.85% | 10.35% | 10.80% | pre-hike |
| Union Bank of India | Personal | Union Personal – Non-Salaried Individuals | 9.10% | 9.40% | 10.10% | 10.40% | 11.25% | pre-hike |
| Union Bank of India | Personal | Union Professional Personal – Salaried (Under Tie-up & Under Non-Tie-u… | 9% | 9.30% | 10% | 10.30% | 11.15% | pre-hike |
| Union Bank of India | Personal | Union Professional Personal – Non-Salaried | 9.10% | 9.40% | 10.10% | 10.40% | 11.25% | pre-hike |
| Union Bank of India | Personal | Union Ashiyana Personal – Salaried & Non-Salaried (existing/new home-l… | 8.95% | 9.25% | 9.75% | 10.25% | 10.70% | pre-hike |
| Union Bank of India | Personal | Union Women Professional Personal – Salaried | 8.90% | 9.20% | 9.90% | 10.20% | 11.05% | pre-hike |
| Union Bank of India | Personal | Union Women Professional Personal – Non-Salaried | 9% | 9.30% | 10% | 10.30% | 11.15% | pre-hike |
| Union Bank of India | Personal | SRLGE Union Personal Loan (Govt employees) – Salary Account with Union… | 8.90% | 9.20% | 9.70% | 10.20% | 10.65% | pre-hike |
| Union Bank of India | Personal | SRLGE Union Personal Loan (Govt employees) – Salary Account with Union… | 8.95% | 9.25% | 9.75% | 10.25% | 10.70% | pre-hike |
| Union Bank of India | Personal | SRLGE Union Personal Loan (Govt employees) – Salary Account not with U… | 9% | 9.30% | 9.80% | 10.30% | 10.75% | pre-hike |
| UCO Bank | Personal | UCO Cash (personal loan) - Central/State Govt employee, salary account… | 10.20% | 10.45% | 10.95% | 11.50% | 11.50% | post-hike |
| UCO Bank | Personal | UCO Cash (personal loan) - Central/State Govt employee, without UCO sa… | 10.45% | 10.70% | 11.20% | 11.70% | 11.70% | post-hike |
| UCO Bank | Personal | UCO Cash (personal loan) - other than Govt employee (salaried) | 11.20% | 11.45% | 11.95% | 12.45% | 12.45% | post-hike |
| UCO Bank | Personal | UCO Cash (personal loan) - non-salaried class | 11.20% | 11.45% | 11.95% | — | — | post-hike |
| UCO Bank | Personal | UCO Cash STP (digital straight-through) - Central/State Govt salaried | 10.50% | 10.70% | — | — | — | post-hike |
| UCO Bank | Personal | UCO Cash STP (digital straight-through) - private salaried | 11.50% | 11.70% | — | — | — | post-hike |
| UCO Bank | Personal | PQPL (pre-qualified personal loan, selected UCO savings customers) | 11% | 11.25% | 12.50% | — | — | post-hike |
| UCO Bank | Personal | SELECT PLUS (personal loan scheme) | 11% | 11.25% | — | — | — | post-hike |
| Indian Overseas Bank | Personal | IOB Personal Loan - Category A (Central/State Govt, PSU, PSB, Railway,… | 10.25% | 10.45% | 11.55% | 13% | — | pre-hike |
| Indian Overseas Bank | Personal | IOB Personal Loan - Category B (private/MNC employees with salary acco… | 10.60% | 10.65% | 11.75% | 13.25% | — | pre-hike |
| Indian Overseas Bank | Personal | IOB Personal Loan - Category C (private/MNC employees without IOB sala… | 11.10% | 11.20% | 12.25% | 13.65% | — | pre-hike |
| Indian Overseas Bank | Personal | Pre-approved personal loan and personal loan top-up | 10.25% | 10.45% | 11.55% | 13% | — | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - Category A (confirmed Central/State Govt/PSU… | 9.75% | 10.50% | 11.10% | 11.10% | 13.55% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - Category A, salary account with other bank | 10.20% | 10.95% | 12.35% | 12.35% | 14.55% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - Category B (confirmed employees of private/p… | 10.25% | 11.50% | 12% | 12% | 14.65% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - Category B, salary account with other bank | 11.50% | 13% | 13.75% | 13.75% | 15% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - Category C (all other salary-account holders… | 12% | 13.25% | 13.75% | 13.75% | 15% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - professionals | 11% | 11.50% | 12% | 12% | 15% | pre-hike |
| Bank of Maharashtra | Personal | Maha Bank Personal Loan - business class with an active BoM housing lo… | 10.75% | 11.25% | 11.75% | 11.75% | 14.55% | pre-hike |
| Punjab & Sind Bank | Personal | PSB Personal Loan - i. Govt/State Govt/PSU/Pensioner/Staff/Ex-staff | 11.05% | 11.30% | 11.55% | 13.05% | 13.05% | post-hike |
| Punjab & Sind Bank | Personal | PSB Personal Loan - ii. Private Employee/MNC/Approved institute if sal… | 11.30% | 11.40% | 11.85% | 13.15% | 13.15% | post-hike |
| Punjab & Sind Bank | Personal | PSB Veer Samarth - Personal Loan | 10.25% | 10.25% | 10.80% | 13.05% | 13.05% | post-hike |
| Punjab National Bank | Home | Housing Loan to public (floating, term loan) — LTV ≤ 80%; '800 & above… | 7.20% | 7.25% | 7.80% | 9% | 9% | pre-hike |
| Punjab National Bank | Home | Housing Loan to public (floating, term loan) — loan amount up to ₹30 l… | 7.35% | 7.35% | 7.90% | 9.10% | 9.10% | pre-hike |
| Canara Bank | Home | Housing Loan – For Customer with minimal/nil income proof (Canara Apna… | 8.75% | 8.75% | 9% | 9% | 9.25% | pre-hike |
| Union Bank of India | Home | Union Home / Awas / Repair & Renovation — Salaried / Professional, Mal… | 7.20% | 7.35% | 7.40% | 7.40% | 7.40% | pre-hike |
| Union Bank of India | Home | Union Home / Awas / Repair & Renovation — Salaried / Professional, Fem… | 7.20% | 7.35% | 7.40% | 7.40% | 7.40% | pre-hike |
| Union Bank of India | Home | Union Home / Awas / Repair & Renovation — Non-Salaried, Male | 7.20% | 7.40% | 7.50% | 7.50% | 7.50% | pre-hike |
| Union Bank of India | Home | Union Home / Awas / Repair & Renovation — Non-Salaried, Female* | 7.20% | 7.40% | 7.50% | 7.50% | 7.50% | pre-hike |
| Union Bank of India | Home | Home Loan — Economically Weaker Section (EWS), Low Income Group (LIG) … | 8% | 8.10% | 8.20% | 8.20% | 8.20% | pre-hike |
| UCO Bank | Home | UCO Home Loan / UCO Home Plus - individuals | 7.60% | 7.80% | 8.10% | 8.60% | 8.60% | post-hike |
| UCO Bank | Home | UCO Top Up Home Loan (existing home-loan borrowers) | 9% | 9.35% | 9.50% | 11% | 11% | post-hike |
| Indian Overseas Bank | Home | Housing loan schemes (Subhagruha etc.) - salaried | 7.20% | 7.25% | 7.85% | 8.20% | — | pre-hike |
| Indian Overseas Bank | Home | Housing loan schemes (Subhagruha etc.) - non-salaried | 7.30% | 7.35% | 7.95% | 8.30% | — | pre-hike |
| Indian Overseas Bank | Home | IOB Harit Subhagruha (green housing) - salaried | 7.20% | 7.20% | 7.80% | 8.15% | — | pre-hike |
| Indian Overseas Bank | Home | IOB Harit Subhagruha (green housing) - non-salaried | 7.30% | 7.30% | 7.90% | 8.25% | — | pre-hike |
| Indian Overseas Bank | Home | IOB Home Advantage - individual | 8.75% | 8.85% | 9.25% | 9.75% | — | pre-hike |
| Bank of Maharashtra | Home | Maha Super Housing Loan - general public, salaried | 7% | 7.25% | 7.70% | 8.35% | 8.35% | pre-hike |
| Bank of Maharashtra | Home | Maha Super Housing Loan - general public, non-salaried | 7.10% | 7.35% | 7.80% | 8.55% | 8.55% | pre-hike |
| Punjab & Sind Bank | Home | PSB Apna Ghar & Kisan Home Loan (standard home loan) | 7.70% | 7.85% | 8.20% | 9.35% | 9.35% | post-hike |
| Punjab & Sind Bank | Home | PSB Apna Ghar Sahaj & Apna Ghar Gaurav (Part-A) | 7.65% | 7.80% | 8.15% | 9.30% | 9.30% | post-hike |
| Punjab & Sind Bank | Home | PSB Apna Ghar Gaurav (Part-B) - salary account holders of serving defe… | 7.65% | 7.80% | 8.15% | 9.30% | 9.30% | post-hike |
| Punjab & Sind Bank | Home | PSB E Apna Ghar (digital mode, STP only) | 7.65% | 7.80% | 8.15% | 9.35% | 9.35% | post-hike |
| Punjab & Sind Bank | Home | Home Loan scheme for EWS, LIG, MIG in Urban areas | 8.15% | 8.40% | 8.85% | 9.80% | 9.80% | post-hike |
| Punjab & Sind Bank | Home | PSB Apna Ghar Samriddhi (home loan variant) | 8.20% | 8.35% | 8.70% | 9.85% | 9.85% | post-hike |
| Jammu & Kashmir Bank | Home | Housing Loan (scheme code HLOTH) | 7.50% | 7.50% | 7.70% | 7.95% | 8.20% | pre-hike |
| ICICI Bank | Home | salaried | 8.50% | 8.50% | — | — | — | unclear |
| ICICI Bank | Home | self-employed | 8.50% | 8.60% | — | — | — | unclear |
| Axis Bank | Home | salaried and self-employed | 8% | 8% | 8.20% | 8.20% | 8.20% | pre-hike (inferred) |
| L&T Finance | Home | Salaried | 7.75% | 7.95% | 8.10% | 8.60% | 8.60% | unknown |
| L&T Finance | Home | Self Employed | 8.20% | 8.25% | 8.40% | 8.90% | 8.90% | unknown |
“—” = the grid publishes no rate for that score. Where a band is published as a range, its lowest rate is shown.
Methodology
Data. On 8 October 2026 we read each lender’s own personal-loan product, interest-rate and charges pages, its quarterly disclosure of rates charged where published, and every credit-score rate grid we could find for personal and home loans (dataset version 1.0). Each value is recorded exactly as published with its URL and a short quote; where pages disagreed we recorded both and used the rate page. Ranges include published fixed-rate options and exclude staff schemes and secured loans. Statistics. Medians are taken across lenders; a lender that publishes only a starting rate counts for starting-rate statistics and is left out of upper-limit statistics. Score grids. Each grid is priced at reference scores of 820, 775, 725, 690 and 660; the extra cost of a lower score is the difference within the grid, and the figure reported is the median across banks of each bank’s median grid. Where a band is published as a range, its lowest rate is used. Cost examples. Total interest on equal monthly instalments; fees and GST excluded.
Full standards: BankCreds research methodology.
Data sources
- Lenders’ own websites — personal-loan product, interest-rate and service-charge pages, quarterly interest-rate-range disclosures and published rate grids of each lender listed, read on 8 October 2026 (page and date recorded per lender).
- Reserve Bank of India — Key Facts Statement for loans and advances (April 2024) and directions on interest rates on advances, disclosure of interest-rate ranges.
Limitations
- Published ranges are not personal quotes: your rate depends on your credit score, income, employer and the lender’s policy.
- Rates actually charged are for a past quarter and depend on each lender’s mix of borrowers; they are not offers.
- Score grids are published mainly by public sector banks, so the score findings describe them, not the market as a whole.
- Many grids still printed rates on the benchmark before RBI’s latest repo change; rates are shown as printed, and only the gaps between bands are compared.
- Bank of India, Federal Bank, South Indian Bank and CSB Bank could not be read in full; no figure for them is estimated.
- Lenders change rates often; this snapshot is dated and will be refreshed.
Download the report
The full report as a PDF — findings, charts, data tables, methodology and sources — updated 25 October 2026.
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You may quote the findings and reuse the charts under CC BY 4.0. Please credit BankCreds Research and link to this page. More options: Use our data.
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Version history. Report v1.0 (2026-10-08): First publication (snapshot of 8 October 2026). · lender sites dataset v1.0 (2026-10-08): First release: 16 lenders (16 with rates), as of 2026-10-08.
This research describes historical data. It is not investment, borrowing or tax advice, does not forecast prices and does not guarantee any outcome. See our editorial policy, fact-checking policy and corrections policy.