Bank Of India offers Personal loans up to Rs.20 Lakhs to its customers. At the same time, IDFC First Bank gives its customers a personal loan of up to 1 crore rupees. The bank charges an interest rate of 10.49 percent on this loan. (File photo).
They say no matter how much money you earn, there comes a time when you have to borrow from someone. In such a case Personal Loan can be a better option. There is only fear in people’s minds about this that you have to pay a lot of interest on a personal loan. In this article, we are going to tell you about 5 banks in the country where you can get a personal loan at a low-interest rate. Our list includes Bank Of Maharashtra to IDFC First Bank. Let us know about them in order.
Bank of Maharashtra: This government bank offers Personal Loans up to Rs 20 Lakhs to its customers. If you are eligible as per bank rules then you can avail it. This bank charges 10 percent annual interest on Personal loans. The Bank’s condition is that the maximum tenure of the Personal Loan taken by the customer is 84 months.
Bank of India: Bank Of India also offers Personal loans up to Rs 20 Lakhs to its customers. Bank charges interest at the rate of 10.25% on this. At the same time, the maximum period of Personal Loan is 84 months.
IndusInd Bank: IndusInd Bank customers can avail personal loans ranging from Rs 30 thousand to Rs 50 lakh. The company gives these loans to its customers at an interest rate ranging from 10.25 percent to 27 percent. The tenure of this loan is from 1 year to 6 years.
Punjab National Bank: Punjab National Bank customers can avail personal loans up to Rs.10 lakh. The bank charges an interest rate of 10.4 to 16.95 percent on this loan given to the customer. Talking about the time limit, the maximum tenure of the loan is up to 60 months.
IDFC First Bank: 
IDFC First Bank offers personal loans up to a maximum of Rs 1 crore to its customers. The bank charges an interest rate of 10.49 percent on this loan. The tenure of this personal loan given by the bank ranges from 6 months to 5 years.
