Personal Loan features from the best banks

Let us have a look at some of the key features which you can expect from the best banks in India, offering personal loans so that you can decide for yourself, which is the best one for your needs. 

Standard Chartered

Standard Chartered bank offers you various repayment options right from PDCs and Account Debit to ECS. The entire loan application process is a quick and hassle-free one and so you don’t have to wait for too long to get your loan approved. The loan gets disbursed to you within 4-7 days of approval. 


With an SBI loan, you are able to enjoy innumerable benefits, including lower interest rates, lower processing charges and no hidden costs. Another great thing about the schemes they offer is that there’s no prepayment penalty involved here.

Top Banks in India

Top Banks in India – Apply Onlie Now

 Bank of India

Bank of India offers loans from Rs 2 Lakh to Rs 10 Lakh at really affordable rates. They even offer a number of easy repayment options that will permit you to craft a great financial plan for the future.

 ICICI bank

ICICI bank offers customised personal loans at competitive rates which are as low as 13.5% per annum. They even give you the option to cover your personal loan liability against a number of risks.

 IDBI bank

The personal loan schemes they offer come along with an inbuilt overdraft facility which is an extremely useful one. The applicant must be of at least 22 years old for being able to apply for the loan.

It wouldn’t be wrong to say that all these top rated banking institutions are equally good in India. By choosing any one of these, you would be able to get rid of the expenses that have bothered you in recent times.