Personal loan interest rates today.
What 31 banks and NBFCs publish for personal loans, with a link to each lender's own rate page.
Checked 18 Oct 2026 on each lender's own website. Lenders change rates often and we may not have updated ours yet; the lender's page is the final word. "Actually charged" means rates lenders gave borrowers in a recent quarter, which they must publish. Your rate depends on your profile, CIBIL score and loan.
Paying more than this?
Ask these lenders for a lower rate on the loan you already have. Free, from your own email.
Questions.
What is the lowest personal loan rate today?
Among the lenders we track, the lowest current published starting rate is 9.15% (checked 18 Oct 2026). Starting rates usually need a high CIBIL score and a strong profile; your offer may be higher.
Why is my rate higher than the published rate?
Lenders price by CIBIL score, income, loan size and type of borrower, and older loans may sit on MCLR or base rate. You can ask your lender to cut your rate or compare offers from other lenders.
How do I get a lower rate on my existing loan?
Ask your own lender in writing, and ask a few other lenders for a balance transfer offer. LowerMyEMI writes these emails for you for free; you send them from your own email.