Personal Loan Interest Rates & Charges Starting @10.99% (2026)

1800 270 7000

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Home Loan EMI Calculator

Get an estimate of your Home Loan EMI now

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Mortgage Calculator

Calculate your Loan amount for your Current property

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Home Loan Eligibility Calculator

Are you eligible for a Home Loan? Find out now!

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What is Personal Loan Interest Rate?

Personal loan interest rates determine the cost of borrowing when you take a personal loan. They are the charges applied on the principal amount, typically expressed as a percentage per annum. Knowing the interest rate is crucial to plan your monthly payments and total repayment over the loan tenure.

Aditya Birla Capital offers pocket-friendly interest rates starting from 10.99% per annum. The interest rate might vary depending on factors such as your credit score, income, loan amount, and Aditya Birla Capital’s policies. By choosing personal loans with low interest rates, borrowers can save significantly on repayments and improve affordability. Understanding personal loan rates helps you select the best option suited to your financial needs.

Eligibility & Documents

Are you eligible? Check whether you meet the criteria.

Eligibility Criteria

Identity Proof Aadhaar Card, PAN Card, Passport, Voter ID.
Address Proof Utility bills, Aadhaar card, passport, or rental agreement.
Income Proof The latest 3 months' salary slips.
Bank Statements Last 6 months' statements showing salary credits.
Photograph One recent passport-size photograph.

Documents Required

Age : The minimum age is 21 or 23 years, depending on the loan type, and the maximum is 60 years. In some cases, the entry age is extended to up to 62 years.
Employment Type: You must be a salaried employee at a recognized organization.
Monthly Income: A stable monthly income is essential for loan eligibility.
Credit Score: A CIBIL score of 700 or more helps in quicker approval and better terms.
Work Experience: Six months in the current employment.

Personal Loan EMI Calculator

Want to know your personal loan EMI before applying for the loan? Use our personal loan EMI calculator and find your EMI instantly!

What is a Personal Loan EMI Calculator?

A personal loan EMI calculator is an online tool that helps you find the prospective EMIs for your loan. You can find the total interest payable over the repayment tenure and the total amount you pay for the loan, including the interest component. This can help you budget for the loan EMIs easily.

How does the calculator work?

To use the personal loan EMI calculator, you have to enter the loan amount, repayment tenure, and the applicable interest rate. Based on these details, the calculator calculates the EMIs instantly. You can also change the inputs to find an EMI that best fits your budget.

Calculate EMI
Calculate Your Loan Amount

PERSONAL LOAN AMOUNT

Tenure (1 to 7 Years)

Rate of Interest (9 to 13%)

I CAN PAY EMI OF

Tenure (1 to 7 Years)

Rate of Interest (9 to 13%)

Your EMI

₹ 10,624

Total Interest

₹ 1,37,440

Total Payout

₹ 6,37,440

Apply Now

Your Loan Amount

₹ 7,05,981

Total Interest

₹ 1,94,019

Total Payout

₹ 9,00,000

Apply Now

Our Personal Finance Products

Different individuals have different needs. That’s why we offer different types of personal loans for engineers. Here’s what you can get -

Personal Loan

A personal loan is an unsecured loan that helps you raise funds for your financial needs.

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Long Term Personal Loan

Spread repayments over an extended tenure to keep EMIs affordable and predictable. A practical choice for funding larger expenses without straining your monthly budget.

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Short Term Personal Loan

A quick-repayment option for smaller, immediate needs, with tenures designed to help you clear the loan faster. Shorter tenures mean a lower total interest outgo over the life of the loan.

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Flexi Loan

Borrow only what you need, when you need it, from a pre-approved limit. Pay interest only on the amount utilised — not the full sanctioned sum — for a more cost-efficient way to manage cash flow.

Know more Apply Now

Types of Personal Loan in India

Personal Loan For Medical Emergency

Get Personal Loans for Medical Emergency and manage your urgent medical bills. Get quick approvals and faster loan sanctions.

Personal Loan for Marriage

A Personal Loan for Marriage can help you fund the various costs associated with a wedding so that you can celebrate without financial worries.

Personal Loan for Teachers

Tailored especially for teachers, the Personal Loan for Teachers can be used to fund multiple financial needs with quick approvals.

Personal Loan for Emergency

Get a Personal Loan for Emergency and get quick funds for meeting unforeseen situations. Get the loan without collateral and at attractive interest rates.

Personal Loan for Home Renovation

Transform your house into your dream home with a Personal Loan for Home Renovation. Enjoy a digital onboarding journey with attractive interest rates.

Personal Loan for Students

The Personal Loan for Students offers collateral-free funding to meet education costs, living expenses or any other financial needs that students might have.

Personal Loan for Women

Personal Loans for Women are designed for females looking for collateral-free funding solutions for personal or business-related needs.

Personal Loan for Salaried Individuals

Salaried individuals can get a Personal Loan and meet any financial need at attractive interest rates, no collateral, and flexible repayment options.

Personal Loan for Government Employees

Personal Loans for Government Employees give collateral-free loans at attractive interest rates and quick sanctions for every financial need.

Factors Affecting Personal Loan Interest Rates

A high credit score signals reliability to lenders and can help you get lower personal loan interest rates.

High existing debt can lead to higher interest, as lenders see more risk in lending to heavily indebted borrowers.

Stable income and employment history make you eligible for personal loans with low interest rates, as lenders perceive lower risk.

Different banks and NBFCs have varying interest rate structures, so comparing offers helps identify the personal loan minimum interest rate available to you.

Larger loans or longer repayment tenures may attract slightly higher personal loan rates due to increased risk.

Tools

Financial Reports

ABC of Calculator

Customer Satisfaction Stories

Mr. Hiralkumar Ashokbhai Patel

Aditya Birla Finance Customer

Mr. Pramod Kumar Saini

Aditya Birla Finance Customer

Ashesh Shah

Aditya Birla Capital Limited

Mr. Baijnath Choudhary

Aditya Birla Capital

Mrs. Snehal Rajpure

Aditya Birla Finance Customer

FAQs on Personal Loan Interest Rates

You cannot get a Personal Loan with a zero interest rate. An interest rate applies to all types of loans.

You can get a lower interest rate on a Personal Loan if you have a good credit score and when you compare and choose a lender offering the lowest rates.

Different lenders offer different interest rates on loans. If you find a lender offering a lower interest rate and switch, you can reduce the loan's interest outgo.

The interest rates determine your loan EMIs. If the interest rates are high, the EMIs will be higher and vice versa.

Some factors that influence the interest rate on Personal Loans are as follows -

• The lender’s pricing policies
• Your credit score
• The macro interest rates

BALANCE TRANSFER LOAN

Transfer your existing loan to us for lower interest rates

Reduced Interest Rates.
Lower Monthly Payments.

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TOP UP LOAN

Secure additional funds at exceptional interest rates

Easy application process
Borrow up to 80% of property value

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ABC Of Personal Loans

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Disclaimer

Call 1800 270 7000 OR write to us at care.finance@adityabirlacapital.com.

For more details, to know your personal loan eligibility, access the product brochure or to set a meeting with our relationship manager.

The information presented on this page is intended solely for general informational purposes and does not constitute financial, investment, or professional advice. This content has not been authored by, nor does it represent an official communication from, Aditya Birla Capital Digital Limited. It is compiled from publicly available secondary sources, which may be subject to change without prior notice. Readers are strongly advised to conduct their own independent research and seek guidance from licensed financial advisors before making any investment decisions. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results.

Interest Rates for Personal Loans

What is Personal Loan Interest Rate?