Personal Loan: If you are planning to take a personal loan in 2025, then you should first know which bank is offering loan on better terms. Personal loans are usually taken for marriage, medical emergency, travel, home repair or any other personal expenses. Due to low interest rates and flexible repayment options, people consider personal loans as a convenient option.

Bank with lowest interest rate

Currently, ICICI Bank is offering personal loans at the lowest interest rate with an initial interest rate of 10.85%. After this, IndusInd Bank with interest rate of 10.49% and SBI with interest rate of 10.30% are among the most economical options. 1. HDFC Bank

Maximum loan amount: ₹40 lakh

Repayment period: Maximum 6 years

Processing fee: ₹6,500

2. ICICI Bank

Maximum loan amount: ₹50 lakh

Repayment period: Maximum 6 years

Processing fee: Up to 2% of loan amount

3. Kotak Mahindra Bank

Maximum loan amount: ₹35 lakh

Repayment period: Maximum 6 years

Processing fee: Up to 5% of the loan amount

4. YES Bank

Maximum loan amount: ₹40 lakh

Repayment period: Maximum 5 years

Processing fee: Up to 2.5% of the loan amount

5. State Bank of India (SBI)

Maximum loan amount: ₹35 lakh

Repayment period: Maximum 7 years

Processing fee: Nil till March 31, 2025