{"id":19497,"date":"2019-12-05T19:57:47","date_gmt":"2019-12-05T14:27:47","guid":{"rendered":"https:\/\/golocalclassified.com\/article\/?p=19497"},"modified":"2019-12-05T19:57:57","modified_gmt":"2019-12-05T14:27:57","slug":"how-much-personal-loan-do-top-lenders-offer-in-india-2019","status":"publish","type":"post","link":"https:\/\/golocalclassified.com\/article\/how-much-personal-loan-do-top-lenders-offer-in-india-2019\/","title":{"rendered":"How much personal loan do top lenders offer in India 2019?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Almost all lenders including public and private banks and NBFCs offer personal loan in India. However, loan amount interest rate, eligibility criteria, and loan tenure vary from lender to lender. In order to find out which bank offers what amount as a personal loan, you should conduct a detailed research.&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s take a look at the loan amount offered by top 10 lenders in India.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Personal loan amount offered by top lenders in India 2019<\/span><\/h2>\n<h3><b>State Bank of India personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">State Bank of India offers a personal loan for both salaried and self-employed individuals under three categories &#8211; SBI Xpress Credit personal loan, SBI personal loan for pensioners, SBI Saral personal loan. SBI personal loan interest rates are one of the lowest in the market. The bank offers a personal loan to meet various financial needs. You can use <\/span><a href=\"https:\/\/www.afinoz.com\/sbi-bank\/personal-loan-emi-calculator\" rel=\"nofollow\"><b>SBI personal loan EMI calculator<\/b><\/a><span style=\"font-weight: 400;\"> to find out your monthly instalment of an SBI personal loan.&nbsp; Here is how much personal loan you can get under three categories:<\/span><\/p>\n<ul>\n<li><b>SBI personal loan for pensioners<\/b><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">11.60% to 12.10% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Maximum age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">76 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 25,000 to Rs. 14 lakh<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Upto 84 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Use SBI personal loan calculator to guess the monthly instalment on a personal loan for pensioners.&nbsp;<\/span><\/p>\n<ul>\n<li><b>SBI Express Credit personal loan<\/b><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">Up to Rs. 20 lakh\/ 24 times NMI<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21 to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.55% p.a. onwards<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1% of the loan amount + applicable tax<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Maximum 72 months or remaining period of service (whichever is less)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Use SBI personal loan calculator to guess the monthly instalment on your Express Credit personal loan.&nbsp;<\/span><\/p>\n<ul>\n<li><b>SBI Xpress Power loan<\/b><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">From 11.65% p.a. onwards<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21 to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Minimum loan amount: Rs. 25,000<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maximum loan amount: 24 times NMI \/ Rs. 15 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 60 months or remaining period of service (whichever is lower)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1% of the loan amount + applicable taxes<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charges<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3% on prepaid amount<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Note: SBI personal loan interest rate is indicative in nature and subject to periodic change<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Use SBI personal loan calculator to guess the monthly instalment on your Express Power personal loan.&nbsp;<\/span><\/p>\n<h3><b>HDFC Bank personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">HDFC Bank offers a personal loan at an attractive interest rate. Key features of <\/span><a href=\"https:\/\/www.afinoz.com\/hdfc-bank-personal-loan\" rel=\"nofollow\"><b>HDFC Bank&nbsp; personal loans<\/b><\/a><span style=\"font-weight: 400;\"> are as under:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">From 11.25% p.a. to 21.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21 to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to Rs. 15 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12 to 60 months<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 2.5%<\/span> <span style=\"font-weight: 400;\">of the loan amount&nbsp;<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Punjab National Bank personal loan<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">12% to 15% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21 to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs.50,000 to Rs.10 lakh or 20 times the monthly net income<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Axis Bank personal loan amount<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">15.75% to 24% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21 to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to Rs. 15 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12 to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>ICICI Bank personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">ICICI Bank offers personal loans at attractive interest rates starting from as low as 10.99% p.a.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">11.25% to 22.00% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">For salaried: 23 to 58 years; self-employed: 25 to 65 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Upto 20 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 2.25% p.a. of loan amount + GST<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charge<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5% p.a. of principal outstanding + GST<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 12 to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Bajaj Finserv personal loan amount&nbsp;<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Bajaj Finserv is one of the top NBFCs in India and provides a personal loan for several personal requirements.&nbsp;<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">12.99% p.a<\/span><span style=\"font-weight: 400;\">.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">For salaried: 25 to 58 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Upto 25 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 12 to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Kotak Mahindra Bank personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Kotak Bank offers personal loans for various personal needs like wedding, child\u2019s education, home renovation, travailing etc. Here are the loan amount and interest rate for Kotak Mahindra Bank personal loan:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">From 10.99% to 24% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 21 to 58 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to Rs. 15 lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan processing charge<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 2.5% of the loan amount + GST and other applicable statutory levis<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charge<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Lock in period for 12 months. After 12 months, 5% foreclosure charge + GST on principal outstanding<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Upto 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>IDBI Bank personal loan amount<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">10.15% to 12.90% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\"> 23 years to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 50,000 to 10 lakh<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1% p.a. of loan amount + GST<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charge<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Within 2.0% + applicable taxes; after 6 months the charges are Nil.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 6 to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Bank of Baroda personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Bank of Baroda, also known as BoB, is one of the leading public sector banks in India. Loan amount can be upto Rs. 10 lacs, depending upon your eligibility.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">11.35% to 16.35%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\"> 21 years to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Minimum: Rs. 1 lakh in metro &amp; urban city; Rs.50,000\/- in semi-urban &amp; rural city<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maximum: Rs 10 lakh in metro and urban city; Rs. 5 lakh in semi-urban &amp; rural city<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Processing fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs.1,000 to Rs.10,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Prepayment charge<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Within 6.0% of principal outstanding; after 6 months the charges are Nil.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up to 4 years<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Fullerton India personal loan amount<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Fullerton India offers collateral-free personal loans for all types of customers with very flexible eligibility criteria. It offers maximum loan amount for a tenure up to 60 months.&nbsp;<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest rate<\/span>&nbsp;<\/td>\n<td><span style=\"font-weight: 400;\">12% onwards<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Age<\/span><\/td>\n<td><span style=\"font-weight: 400;\"> 21 years to 60 years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From Rs. 60,000 up to Rs. 25 lakh<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Loan tenure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">From 12 months to 60 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Always remember the maximum personal loan amount depends on your repayment capacity or debt to income ratio. It also depends on the time for which you want to get a personal loan, so you should use EMI calculator, such as SBI personal loan EMI calculator, to assess how much loan instalment you can pay per month and apply accordingly. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Almost all lenders including public and private banks and NBFCs offer personal loan in India. However, loan amount interest rate, eligibility criteria, and loan tenure vary from lender to lender. In order to find out which bank offers what amount as a personal loan, you should conduct a detailed research.<\/p>\n","protected":false},"author":16963,"featured_media":19496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[4552,434,4553,4246,1531,4314],"class_list":["post-19497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-emi-calculator","tag-finance","tag-hdfc-bank","tag-interest-rate","tag-personal-loan","tag-sbi-bank"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts\/19497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/users\/16963"}],"replies":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/comments?post=19497"}],"version-history":[{"count":0,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/posts\/19497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/media\/19496"}],"wp:attachment":[{"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/media?parent=19497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/categories?post=19497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/golocalclassified.com\/article\/wp-json\/wp\/v2\/tags?post=19497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}