Every loan in India, in one place.

Personal Loan

Unsecured loan for any personal use — weddings, travel, medical, debt consolidation.

Interest rate

10.49% – 24% p.a.

Loan amount

₹50,000 – ₹40 lakh

Tenure

12 – 72 months

Processing fee

0.5% – 3% + GST

Best for: Quick funds (24–48 hrs), no end-use restriction, no collateral.

Insider tip: Check pre-approved offers first with your salary bank — rates can be 1–3% lower.

Credit Card / Card-on-EMI Loan

Convert big-ticket card spends or get cash from your existing credit limit.

Interest rate

12% – 36% p.a.

Loan amount

Up to 80% of credit limit

Tenure

3 – 60 months

Processing fee

1% – 3%

Best for: Instant disbursal, no paperwork, useful for short-term emergencies.

Insider tip: Cash-on-card APR is among the highest in lending — close it within 3–6 months.

Gold Loan

Secured loan against 18k–22k gold jewellery or coins.

Interest rate

8.5% – 18% p.a.

Loan amount

₹10,000 – ₹2 crore (up to 75% LTV per RBI)

Tenure

3 – 36 months

Processing fee

0.5% – 1%

Best for: Same-day cash, lowest rates among unsecured-feel loans, no CIBIL dependency.

Insider tip: Choose 'bullet repayment' only if you have a clear exit plan; EMI option keeps interest cost lower.

Education Loan

Funds for higher studies in India or abroad including tuition, living and travel.

Interest rate

8.15% – 15% p.a.

Loan amount

Up to ₹1.5 crore (abroad), ₹50L (India)

Tenure

Up to 15 years incl. moratorium

Processing fee

Nil – 1%

Tax: Section 80E — interest fully deductible for 8 years.

Best for: Long moratorium (course + 6–12 months), tax benefit on interest.

Insider tip: Apply under Vidya Lakshmi portal — compare across 13+ public sector banks in one form.

Home Loan

Buy, construct or renovate a residential property.

Interest rate

8.10% – 9.75% p.a. (RLLR-linked)

Loan amount

Up to ₹10 crore (up to 90% LTV)

Tenure

Up to 30 years

Processing fee

0.25% – 0.5% (often waived)

Tax: Sec 24(b): interest up to ₹2L/yr · Sec 80C: principal up to ₹1.5L/yr.

Best for: Longest tenure + lowest rate of any retail loan.

Insider tip: Prefer repo-rate-linked floating over fixed — rate cuts pass through within a quarter.

Loan Against Property (LAP)

Mortgage residential, commercial or industrial property for any end-use.

Interest rate

9% – 14% p.a.

Loan amount

Up to ₹25 crore (50%–70% LTV)

Tenure

Up to 20 years

Processing fee

0.5% – 1.5%

Best for: Large ticket sizes, longer tenure, lower rate than business loan.

Insider tip: Get a 'sanction-before-disbursal' deal to negotiate processing fees down.

Home Improvement / Renovation Loan

Funds for repairs, interiors, extensions, modular kitchen or roofing.

Interest rate

8.4% – 12% p.a.

Loan amount

Up to ₹50 lakh

Tenure

Up to 15 years

Processing fee

0.25% – 1%

Tax: Sec 24(b): interest up to ₹30,000/yr.

Best for: Treated almost like a home loan — low rate, long tenure.

Insider tip: Bundle it as a top-up on existing home loan to avoid fresh paperwork.

Plot / Land Loan

Purchase of residential plot for self-construction within 3–5 years.

Interest rate

8.5% – 10.5% p.a.

Loan amount

Up to ₹5 crore (up to 70% LTV)

Tenure

Up to 20 years

Processing fee

0.4% – 1%

Best for: Building a home from scratch with composite loan option.

Insider tip: Convert to composite loan once construction starts to unlock tax benefits.

Business Loan (Unsecured)

Collateral-free term loan for working capital, expansion or equipment.

Interest rate

10.5% – 24% p.a.

Loan amount

₹50,000 – ₹75 lakh

Tenure

12 – 60 months

Processing fee

1% – 3%

Best for: Speed (48-hr approval), no collateral, flexible end-use.

Insider tip: Maintain >₹1L average balance for 6 months before applying — improves bureau scoring.

Working Capital Loan / Cash Credit (CC) / Overdraft (OD)

Revolving credit for daily operations — pay interest only on utilised amount.

Interest rate

9% – 16% p.a.

Loan amount

₹2 lakh – ₹50 crore (against stock/receivables)

Tenure

12 months, renewable

Processing fee

0.5% – 1.5% (annual renewal fee)

Best for: Cyclical businesses, traders, manufacturers with inventory cycles.

Insider tip: Use the CC limit; don't park it. Banks track 'limit utilisation' for renewal pricing.

MSME / MUDRA Loan

Government-backed loan under PMMY for micro & small enterprises.

Interest rate

8.5% – 12% p.a.

Loan amount

Up to ₹20 lakh (Shishu ₹50k, Kishore ₹5L, Tarun ₹10L, Tarun Plus ₹20L)

Tenure

Up to 7 years

Processing fee

Nil – 0.5%

Best for: First-time borrowers, micro units, no collateral up to ₹10L (CGTMSE).

Insider tip: Apply via Jan Samarth or PSB Loans in 59 Minutes portal for fastest in-principle approval.

Machinery / Equipment Loan

Secured loan against the asset being purchased — CNC, packaging, medical, etc.

Interest rate

9.5% – 15% p.a.

Loan amount

Up to ₹10 crore (70%–90% of invoice)

Tenure

Up to 7 years

Processing fee

0.75% – 2%

Best for: Long-life productive assets, asset itself serves as primary security.

Insider tip: Negotiate vendor subvention — many OEMs absorb 1–2% of interest.

Invoice Discounting / Bill Financing

Get paid today against invoices raised on creditworthy buyers.

Interest rate

10% – 18% p.a.

Loan amount

Up to 90% of invoice value

Tenure

30 – 180 days per invoice

Processing fee

0.5% – 1.5% per drawdown

Best for: MSMEs with long buyer credit cycles (45–90 days).

Insider tip: Use TReDS (RXIL, M1xchange, Invoicemart) — RBI-regulated platforms with the best rates.

Professional Loan (Doctors, CAs, Architects)

Tailored unsecured loan for self-employed professionals.

Interest rate

10% – 16% p.a.

Loan amount

Up to ₹75 lakh

Tenure

Up to 84 months

Processing fee

0.5% – 2%

Best for: Clinic/office setup, equipment, premises, working capital.

Insider tip: Doctors can get up to ₹75L without collateral from PSU banks under special schemes.

Startup / Stand-Up India Loan

Funding for SC/ST/Women entrepreneurs and DPIIT-recognised startups.

Interest rate

Base rate + 3% (≈ 11% – 14%)

Loan amount

₹10 lakh – ₹1 crore

Tenure

Up to 7 years (18 mo moratorium)

Processing fee

Nil – 1%

Best for: First-generation entrepreneurs with viable project reports.

Insider tip: Approach SIDBI-empanelled banks first — they have a dedicated Stand-Up India desk.

Car Loan (New)

Finance up to 100% of new car on-road price.

Interest rate

8.7% – 11.5% p.a.

Loan amount

Up to ₹3 crore

Tenure

Up to 7 years

Processing fee

0.25% – 1% (often waived)

Best for: Fixed-rate tenure, hypothecation removed at closure.

Insider tip: Compare bank rate vs dealer-finance — bank rates are usually 1–2% lower.

Used Car Loan

Finance pre-owned cars up to 10 years old.

Interest rate

11% – 18% p.a.

Loan amount

Up to 85% of valuation

Tenure

Up to 5 years

Processing fee

1% – 2.5%

Best for: Buyers wanting newer-model used cars from organised sellers.

Insider tip: Buy from a certified pre-owned dealer (Maruti True Value, Spinny) — easier loan approval.

Two-Wheeler Loan

Finance for bikes, scooters and EVs.

Interest rate

9% – 22% p.a.

Loan amount

Up to 100% on-road

Tenure

12 – 60 months

Processing fee

1% – 3%

Best for: First-time borrowers building credit history.

Insider tip: EV two-wheelers get FAME-II subsidy + lower insurance — factor into EMI math.

Commercial Vehicle Loan

Trucks, tippers, buses, taxis — new or used.

Interest rate

9.5% – 16% p.a.

Loan amount

Up to 100% of chassis + body

Tenure

Up to 7 years

Processing fee

1% – 3%

Best for: Fleet operators, last-mile logistics, school/staff transport.

Insider tip: Negotiate hypothecation insurance separately — bundled premiums are often 20% higher.

Tractor / Farm Equipment Loan

Tractor, harvester, rotavator and irrigation equipment.

Interest rate

8.5% – 13% p.a. (PSL rates)

Loan amount

Up to 90% of asset

Tenure

Up to 9 years

Processing fee

0.5% – 2%

Best for: Farmers; falls under Priority Sector Lending with subsidised rates.

Insider tip: Time application with Kharif/Rabi season — banks have higher disbursal targets then.

NRI Home / Personal Loan

Loans for Non-Resident Indians to buy property or fund family needs in India.

Interest rate

8.5% – 11% p.a. (home), 11% – 16% (personal)

Loan amount

Up to ₹10 crore (home)

Tenure

Up to 25 years (home)

Processing fee

0.5% – 1%

Best for: Repatriable home purchase, family financial support.

Insider tip: EMIs must be paid from NRE/NRO/FCNR account — keep mandate ready before disbursal.

Kisan Credit Card (KCC)

Short-term credit for crop cultivation, allied activities and household needs.

Interest rate

7% p.a. effective (after 3% prompt-payment subvention)

Loan amount

Based on cropping pattern & scale of finance

Tenure

Renewable annually for 5 years

Processing fee

Nil up to ₹3L

Best for: Crop loans up to ₹3L at 7% effective rate.

Insider tip: Pay before due date to claim the 3% interest subvention — it slips silently otherwise.

Loan Against Securities (Shares / MF / Bonds)

Pledge listed shares, mutual funds, bonds or insurance to get a credit line.

Interest rate

9% – 12% p.a.

Loan amount

₹1L – ₹20 crore (50% LTV equity, 80% debt MF)

Tenure

12 months, renewable

Processing fee

0.5% – 1%

Best for: Liquidity without selling long-term holdings or breaking tax exemptions.

Insider tip: Limit utilisation to 40% — leaves cushion against market volatility & margin calls.

Loan / Overdraft Against Fixed Deposit

Borrow up to 90% of FD value at 1–2% over FD rate.

Interest rate

FD rate + 1% – 2%

Loan amount

Up to 90% of FD

Tenure

Linked to FD maturity

Processing fee

Usually nil

Best for: Cheapest emergency credit; preserves FD compounding & tax planning.

Insider tip: Take OD (not term loan) — pay interest only on amount drawn.

Medical Emergency Loan

Fast-track personal loan for hospitalisation and treatment.

Interest rate

10.99% – 18% p.a.

Loan amount

₹50,000 – ₹40 lakh

Tenure

12 – 60 months

Processing fee

Often nil for partner hospitals

Best for: Same-day disbursal direct to hospital account.

Insider tip: First exhaust health insurance + employer Group Mediclaim cashless option before borrowing.

Balance Transfer / Top-Up Loan

Move existing loan to a cheaper lender + borrow extra against the same property/asset.

Interest rate

Home: 8.25%+ · Personal: 10.5%+

Loan amount

Outstanding + up to 30% top-up

Tenure

Remaining tenure (extendable)

Processing fee

0.25% – 1%

Best for: Saving 1–2% rate over the life of a long-tenure loan = lakhs in interest.

Insider tip: BT makes sense only if remaining tenure > 5 yrs AND rate saving > 0.50%.