Move your high-interest personal loan to a lower-rate bank. Salaried professionals in India are saving ₹3,000–₹12,000 every month — in under 7 days.
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Real interest rates, processing fees, and loan terms from India's leading personal loan lenders.
| Bank / NBFC | Interest Rate (p.a.) | Processing Fee | Eligible Loan Types | Max Tenure | Key Feature |
|---|---|---|---|---|---|
| IDFC First Bank Lowest Rate | 9.99% – 20% | Up to 3.5% + GST | Personal loans, credit card BT | 7 years (84 months) | Zero foreclosure charges on FIRSTmoney; 100% digital; up to ₹1 crore |
| ICICI Bank | 10.50% – 16.00% | Up to 2% + GST | Personal loans, credit card BT | 7 years (84 months) | Instant pre-approved BT for existing customers; loan up to ₹50 lakh |
| HDFC Bank | 9.99% – 24.00% | ₹6,500 + GST (or up to 2.5%) | Personal loans, credit card BT | 6 years (72 months) | Largest personal loan book in India; flexi EMI options; up to ₹40 lakh |
| Axis Bank | 9.99% – 22.00% | Up to 2% + GST | Personal loans, credit card BT, vehicle loans | 5 years (60 months) | Step-up EMI option; digital doorstep service; up to ₹40 lakh |
| Bajaj Finserv | 11.00% – 35.00% | Up to 3.99% + GST | Personal loans, credit card BT, BNPL dues | 8 years (96 months) | Longest tenure option; Flexi Loan facility reduces EMI mid-tenure; up to ₹40 lakh |
| Tata Capital | 10.99% – 35.00% | Up to 2.75% + GST | Personal loans, credit card BT | 6 years (72 months) | Tata brand trust; competitive for salaried govt/PSU employees; up to ₹35 lakh |
The process is simpler than most people assume. Here's exactly what happens, step by step.
A balance transfer works best for salaried professionals with stable employment and a good repayment track record.
Tell us about your loan and income — get your personalised report in seconds. No credit check, no commitment.
Check your eligibility in 60 seconds — we'll tell you your approval chances, estimated savings, and the best bank for your profile. Free, no credit impact.
Detailed guides to help salaried India make smarter loan decisions.
Everything you need to know about transferring your personal loan — eligibility, documents, step-by-step process, and when it actually saves money.
Should you take a fresh personal loan or transfer your existing one? A clear, numbers-first breakdown for salaried professionals with multiple loans.
A practical, no-nonsense guide for salaried India — including a fee-adjusted savings formula to decide if your balance transfer will actually save money.
Balance transfer is one method. Here are four others — negotiation tactics, CIBIL score hacks, and timing your loan application right.
Important Disclaimer: EMI Saathi is a financial information and advisory platform. We are not a bank, NBFC, or registered financial advisor. All interest rates shown are sourced from public bank websites and third-party aggregators (May 2026) and are subject to change without notice. Calculator results are indicative estimates only and do not constitute a loan offer, pre-approval, or financial advice. Actual rates, fees, and savings will vary based on your credit profile, lender policies, and current market conditions. Always verify rates directly with the lender before making any financial decision. Consult a qualified financial advisor for personalised advice.