Personal Loan Guide: Best Banks, Low Rates, High Amounts & Smart Comparison Tips

• Personal loans are unsecured financial products for various needs like medical expenses or home renovation.
• Interest rates are influenced by credit score (750+ for lower rates), income, debt-to-income ratio, and loan tenure.
• Top banks offer competitive rates: HDFC Bank and ICICI Bank start at 10.85%, IDFC First Bank offers up to ₹1 crore.
• Compare offers from State Bank of India, Axis Bank, Kotak Mahindra Bank, Bank of Baroda, Yes Bank, and Punjab National Bank.
• Platforms like Moneycontrol allow easy comparison and application for loans up to ₹50 lakh with rates from 10.5%.

Why It Matters: Compare personal loan offers from various banks and platforms like Moneycontrol to find the best rates and terms.