Latest Personal Loan Interest Rates for December 2024

1. Latest Personal Loan Interest Rates for December 2024 – Compare Offers from HDFC, SBI, and Other Leading Banks When planning to take a personal loan, understanding the latest interest rates is key. Interest rates impact the total cost of borrowing, making it essential to compare rates across lenders. Personal loan interest rates currently range from 9.99% to 24% per annum for loans up to ₹50 lakhs, depending on the lender, loan amount, and tenure. At Bravima Solutions, we work with top NBFCs and banks to offer competitive loan options tailored to your needs. Here’s a breakdown of the latest personal loan offers from leading banks: Personal Loan Interest Rates for December 2024 1. HSBC Bank ● ● ● ● Interest Rate: 9.99% to 16% per annum Processing Fee: 2% of the loan amount Loan Tenure: Up to 5 years Loan Amount: ₹75,000 to ₹30 lakhs 2. HDFC Bank ● ● ● ● Interest Rate: 10.75% to 24% per annum Processing Fee: ₹4,999 + GST Loan Tenure: 12 to 60 months Loan Amount: Up to ₹40 lakhs 3. IndusInd Bank ● ● ● ● Interest Rate: Starting at 1.49% per annum Processing Fee: 3.5% of the loan amount Loan Tenure: 12 months to 7 years Loan Amount: Up to ₹50 lakhs 4. ICICI Bank

2. ● ● ● ● Interest Rate: 10.85% to 16.25% per annum Processing Fee: 2% of the loan amount Loan Tenure: 12 to 72 months Loan Amount: Up to ₹50 lakhs 5. Yes Bank ● ● ● ● Interest Rate: 11.25% to 21% per annum Processing Fee: Up to 5% of the total loan amount Loan Tenure: 12 to 60 months Loan Amount: Up to ₹35 lakhs 6. Axis Bank ● ● ● ● Interest Rate: 11.25% to 22% per annum Processing Fee: 2% of the loan amount Loan Tenure: 12 to 84 months Loan Amount: Up to ₹40 lakhs 7. State Bank of India (SBI) ● ● ● ● Interest Rate: 11.45% to 14.60% per annum Processing Fee: 1.50% Loan Tenure: Up to 6 years Loan Amount: Up to ₹30 lakhs 8. Bank of Baroda ● ● ● ● Interest Rate: 11.40% to 18.75% per annum Processing Fee: Up to 2% Loan Tenure: Up to 5 years Loan Amount: Up to ₹20 lakhs 9. South Indian Bank ● ● ● ● Interest Rate: 13.1% to 20.6% per annum Processing Fee: Up to 2% Loan Tenure: Up to 60 months Loan Amount: Up to ₹20 lakhs 10. Bank of India ● ● ● ● Interest Rate: Starting at 10.85% per annum Processing Fee: Up to 2% Loan Tenure: 12 to 60 months Loan Amount: Up to ₹25 lakhs

3. Factors Influencing Personal Loan Interest Rates 1. Employment & Income Stability A steady income and stable job history assure lenders of your repayment ability, leading to lower interest rates. 2. Credit History A strong credit score reflects your financial discipline, making lenders more likely to offer better terms. 3. Relationship with Lender Maintaining a positive repayment history with your bank or NBFC can result in preferential rates and terms. How Bravima Solutions Can Help You At Bravima Solutions, we simplify the loan process by connecting you with trusted NBFCs and banks that offer the best terms based on your profile. Our expert guidance ensures you get a personal loan with competitive rates, low processing fees, and flexible repayment options. Ready to secure the best personal loan for your needs? Contact us today to explore customized loan solutions and take the first step toward financial flexibility!