Personal Loans: These govt banks are offering cheapest loans at interest rates as low as 8.90%
If you want to opt for personal loans, here is the list of banks you can refer to which are offering the cheapest personal loans to you. Interest rates on personal loan for all listed (BSE) public and private banks have been considered for the data compilation. EMI is calculated on the basis of interest rate mentioned in the table for Rs 5-lakh loan with tenure of five years (processing and other charges are assumed to be zero for EMI calculation). Interest and charges mentioned in the table are indicative and may vary depending on bank's terms and conditions.