Best 6 Personal Loan Provider Companies in India

Now, it’s easy to get a personal loan from Banks & NBFC companies. At this time many lenders offer unsecured personal loans. But you have to choose the best one. 24hrLoan gives you the best 6 personal loan provider companies in India.

These lenders provide an interest rate from 10.50% to 26% per annum. The tenure is 12 months to 60 months. It can be different from lender to lender.

List of Best 6 Personal Loan Provider Companies in India

1. WeRize Personal Loan

WeRize is a popular NBFC (Non-Banking Financial Corporations) company that is providing up to Rs. 5 lakhs digital personal loans. Repayment tenure is 12 to 36 months.

Loan Amount	Up To 5 Lakh
Interest Rate	16% to 21% p.a.
Tenure	1 -3 years
Age Required	21 -55 years
Monthly Salary	Rs. 12,000/- (in-hand)
Processing Fees	3% of the loan amount
Eligible For	Salaried Employee

2. InCred Personal Loan

InCred is giving the digital personal loan at Rs. 15,000 net salary. The maximum loan amount is Rs. 7.5 lakhs with 18% interest rate p.a.

Loan Amount	Rs. 50,000 to Rs. 7.5 lakh
Interest Rate	18% p.a.
Repayment Tenure	12 to 48 months
CIBIL	-1/ 700+
Monthly Salary	Rs. 15,000/- (in-hand)
Processing Charge	Up To 5% of the loan amount + GST
Eligible For	Salaried Employee

3. Bandhan Bank Personal Loan

A salaried person with Rs. 20,000 monthly salary is eligible for Bandhan Bank personal loan. The loan amount of Rs. 1 lakh to Rs. 25 lakhs is available.

Loan Amount	Up To 25 Lakh
Interest Rate	10.50% to 18% p.a.
Loan Tenure	1 years to 5 years
Age	21 -58 years
Monthly Income	Rs. 20,000/- In-hand salary
Processing Fees	Up to 1% of the loan amount
Eligible For	Salaried Employee

4. Axis Bank Personal Loan

The minimum monthly in-hand salary is Rs. 15,000 required for Axis Bank personal loan. The paperless digital process. Also, you will get a pre-approved loan offer through Axis Bank.

Loan Amount	Up To 40 Lakh
Interest Rate	10.49% to 22% p.a.
Loan Term	1 -5 years
Age Required	21 -60 years
Monthly Salary	Rs.15,000/-
Processing Fees	Up to 2%
Eligible For	Salaried Employee

5. HDFC Bank Personal Loan

Get up to Rs. 40 lakhs instant personal loan through HDFC Bank. The minimum monthly take home Rs. 40,000 salaried person is eligible for HDFC Bank personal loan. The competitive interest is 10.75% provided by HDFC Bank.

Loan Amount	Up to 40 lakh
Interest rate	10.75%- 21% p.a.
Salary Required	Rs. 40,000/- (in-hand)
Loan Tenure	12 to 60 months
Age Required	21 to 60 years
Processing Fees	2.5% of Loan Amount + GST Charge
Eligible For	Salaried Person

6. PaySense Personal Loan

The salaried person with Rs. 18,000 in-hand salary can apply for PaySense personal loan. The highest loan amount of Rs. 5 lakhs is available. Also, you can balance transfer (BT) your previous personal loan.

Loan Amount	Rs. 5,000 – Rs 5 lakh
Loan Tenure	3 months – 60 months
Interest rate	1.4%- 2.3% per month
Income Required	Rs. 18,000 for Salaried Employees
Processing fee	Up to 3% of the loan amount
Age	21 – 60 years
Cibil Score	700+
Eligible For	Salaried Employee

Eligibility Criteria for Personal Loan

• You must be Indian Citizenship
• Your age 21 to 60 years required
• Meet the requirement salary based on lenders.
• The minimum Credit Score:  -1 or 700+
• You should be employed at a Private, Public, or Government Company.
• The minimum Job Experience of 12 months required

FAQs on Personal Loan Provider Companies