Bank Name |
Rate of Interest |
Pre Payment Charges |
Processing Fee |
Salaried |
Others |
HDFC Bank |
13% - 18.25% |
16% - 20% |
Nil (For Loan Amount > 10lakhs with Salary 75k & above) else 4% |
Rs.999 - 1.75% (for Special Companies) else 2% |
Axis Bank |
15.50% to 24% |
15.50% to 24% |
Nil |
1.50% to 2.00% + Service Tax as applicable |
ICICI Bank |
13.49% - 17.5% |
16% - 17.50% |
Nil (For Loan amount above 10 lacs & 12 EMI paid) else 5% |
0.50% for special companies else 1.50% - 2.25% |
Citibank |
13.5% - 16% |
16% - 17% |
3% |
1% - 2% |
Standard Chartered Bank |
13% - 16% |
13% - 17% |
0% - 5% |
1% |
IndusInd Bank |
14% - 16% |
15% - 16.5% |
4% |
1% - 2% |
Kotak Bank |
13% to 24% |
13% to 24% |
6%, if within 6 months of the date of Agreement, 5% after 6 months |
Upto 3% of Loan amount |
ING Vysya Bank |
13.75% - 17.25% |
14.99% - 18.25% |
4% of the Principal Outstanding after repayment of 6 EMIs |
Upto 2% of the loan sanctioned amount subject to a minimum of Rs.1,000/-. Fee is deducted from loan amount at the time of disbursal |
HDB Finance |
16% - 18% |
17% - 21% |
NIL for Select Corporates Employees (CAT A & B) 4% For Rest |
1% - 2% |
Fullerton Finance |
21% - 32% |
21% - 32% |
Zero after 3yrs (Otherwise 4%) |
2% |