Starting interest rates across major Indian banks, refreshed weekly from bank websites, RBI and market aggregators.
| Bank | Rate from | Rate up to | Processing fee |
|---|
Interest rates offered by banks and NBFCs are typically shown as a range — the lower end applies to borrowers with strong credit scores (750+), stable income, and a good existing relationship with the lender, while the higher end applies to riskier profiles. Your actual quoted rate depends on your specific credit profile, not just the loan type.
This table is refreshed periodically from bank websites, RBI publications, and market data aggregators. Rates change frequently — especially after RBI repo rate revisions — so always confirm the current rate directly with the bank before applying.
The exact rate offered to you depends on your credit score, income, loan amount, employment type, and sometimes your relationship with that bank — the range shown reflects the best-case to worst-case pricing for typical borrowers.
Floating rates typically move when the RBI changes the repo rate, which happens at scheduled Monetary Policy Committee meetings roughly every two months — though banks don't always pass on changes immediately.
Rate matters, but also compare processing fees, prepayment charges, customer service reputation, and how quickly the bank disburses loans — the cheapest rate isn't always the best overall deal.