Banks & NBFC’s
150+ Options
Dig Deeper On Call: 8595886203
Looking for the best personal loan providers in Delhi? With rising financial needs, personal loans have become a popular choice for funding medical emergencies, education, home renovation, travel, or debt consolidation. Delhi offers multiple lending options, including leading banks and NBFCs with competitive interest rates, flexible repayment terms, and quick approval processes. However, choosing the right lender can be challenging.
This guide lists the top 20+ banks & NBFCs for personal loans in Delhi, helping you compare key factors like interest rates, loan amounts, eligibility criteria, processing fees, and required documentation. Whether you need a low-interest personal loan, instant approval, or minimal paperwork, we have compiled the best options for your convenience. Read on to explore the best banks and NBFCs in Delhi offering personal loans that suit your financial needs, along with expert insights on how to secure the best deal.
Top Banks & NBFCs for Personal Loans in Delhi
HDFC Bank (Personal Loan)
HDFC Bank offers personal loans to help meet various financial needs like home renovation, medical emergencies, or travel. The bank provides easy access to funds with attractive interest rates, flexible repayment options, and a quick approval process. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details.
ICICI Bank (Personal Loan)
ICICI Bank offers personal loans to cater to diverse financial needs, such as medical emergencies, travel, or home improvement.To apply, you will need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. ICICI Bank, one of India’s largest private sector banks, is known for its strong presence in banking and financial services, offering a range of products like loans, insurance, and investment solutions, providing customers with comprehensive financial support.
Axis Bank (Personal Loan)
Axis Bank offers personal loans designed to meet a variety of financial needs such as medical expenses, home renovation, or education.To apply, you’ll need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Axis Bank, a leading private sector bank in India, provides comprehensive financial solutions including loans, insurance, and investment services. With its customer-centric approach, Axis Bank aims to make banking easy and accessible for all.
Kotak Mahindra Bank (Personal Loan)
Kotak Mahindra Bank offers personal loans to help individuals meet a variety of financial needs, such as medical emergencies, home renovation, or vacations. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. Kotak Mahindra Bank, a leading private sector bank in India, is known for its innovative banking solutions and customer-first approach. It offers a wide range of services including loans, insurance, investment products, and digital banking, ensuring financial inclusion for all.
IDFC Bank (Personal Loan)
IDFC Bank, now known as IDFC FIRST Bank, offers personal loans designed to meet various financial needs like medical expenses, home renovations, or travel. To apply, you’ll need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. IDFC FIRST Bank, a prominent private sector bank, is known for its customer-centric approach, providing a wide range of financial products including loans, savings, investments, and insurance services, aimed at empowering individuals and businesses.
Yes Bank (Personal Loan)
YES Bank offers personal loans to help individuals manage their financial needs, including medical expenses, home renovation, or travel. To apply, you will need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. YES Bank, a prominent private sector bank in India, provides a wide range of banking services, including loans, insurance, investments, and digital banking solutions, with a strong focus on customer-centric solutions and innovation in the financial services sector.
IndusInd Bank (Personal Loan)
IndusInd Bank offers personal loans tailored to meet a variety of financial needs, such as medical emergencies, home improvement, or education. To apply, you will need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. IndusInd Bank, a leading private sector bank in India, provides a broad range of financial products and services, including loans, credit cards, investments, insurance, and digital banking solutions, ensuring convenience and reliability for customers.
DBS Bank (Personal Loan)
DBS Bank offers personal loans to help individuals meet various financial needs such as medical emergencies, home renovation, travel, or education. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. DBS Bank, a leading financial institution in Asia, is known for its innovative and customer-focused approach to banking. It provides a wide range of financial services, including loans, savings, investments, and digital banking solutions.
Standard Chartered Bank (Personal Loan)
Standard Chartered Bank offers personal loans to address various financial needs, such as medical expenses, home renovation, or education. To apply, you will need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Standard Chartered Bank is a leading international bank with a strong presence in India. It offers a wide range of financial products and services, including loans, credit cards, insurance, and wealth management, with a focus on innovation and customer satisfaction.
Shinhan Bank (Personal Loan)
Shinhan Bank offers personal loans to help meet various financial needs, such as medical emergencies, home renovation, or travel. To apply, you’ll need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Shinhan Bank, a leading South Korean financial institution, has a strong presence in India and offers a wide range of financial services, including personal loans, savings accounts, credit cards, and digital banking, focusing on customer satisfaction and financial inclusion.
SBM Bank (Personal Loan)
SBM Bank (India) offers personal loans to meet various financial needs such as medical emergencies, home renovation, or travel. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. SBM Bank, a subsidiary of State Bank of Mauritius, is a prominent player in India’s banking sector. It provides a wide range of financial products and services, including loans, savings accounts, insurance, and wealth management, focusing on customer-centric solutions.
Shriram Finance (Personal Loan)
Shriram Finance offers personal loans to meet various financial needs such as medical emergencies, home renovation, travel, or education. To apply, you’ll need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Part of the Shriram Group, Shriram Finance is one of India’s leading non-banking financial companies (NBFCs), providing a wide range of financial services, including personal loans, vehicle loans, business loans, and investment solutions, with a focus on customer satisfaction and financial inclusion.
Bajaj Finance (Personal Loan)
Bajaj Finance offers personal loans to meet various financial needs, including medical expenses, home renovations, travel, or education. To apply, you will need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Bajaj Finance, a prominent player in the financial services sector, is known for its wide range of products, including loans, consumer durables financing, insurance, and investment services, with a strong focus on customer convenience and financial growth.
Tata Capital Finance (Personal Loan)
Tata Capital Finance offers personal loans to address various financial requirements such as medical emergencies, home renovation, education, or travel. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Tata Capital Finance, part of the Tata Group, is a trusted financial services company offering a wide range of solutions, including personal loans, home loans, business loans, insurance, and investment products, catering to the diverse needs of individuals and businesses.
Aditya Birla Finance (Personal Loan)
Aditya Birla Finance, a part of Aditya Birla Capital Ltd., offers personal loans to meet various needs like medical emergencies, education, or home renovation. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, bank statements), income proof (salary slips, tax returns), and bank statements for the last 3–6 months. As a trusted financial services provider, Aditya Birla Finance offers customized solutions, ensuring a smooth borrowing experience while serving diverse financial needs through its comprehensive services.
Cholamandalam Finance (Personal Loan)
Cholamandalam Finance, part of the Murugappa Group, offers personal loans to cater to a wide range of financial needs such as medical expenses, home renovation, travel, or education. To apply, you will need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Cholamandalam Finance is a leading non-banking financial company (NBFC) in India, offering a variety of financial services, including personal loans, vehicle finance, home loans, and investment solutions.
Poonawala Fincorp (Personal Loan)
Poonawalla Fincorp offers personal loans to meet various financial needs, such as medical emergencies, home renovation, or travel. To apply, you will need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. Formerly known as Magma Fincorp, Poonawalla Fincorp is a leading non-banking financial company (NBFC) in India, offering a wide range of financial solutions, including personal loans, business loans, auto loans, and insurance, with a focus on customer-centric services and financial inclusion.
Hero Fincorp (Personal Loan)
Hero Fincorp offers personal loans to cater to various financial needs, such as medical expenses, home renovation, or education. To apply, you’ll need documents like identity proof (Aadhaar, Passport), address proof (utility bills, rental agreement), income proof (salary slips, bank statements), and employment details. Part of the Hero Group, Hero Fincorp provides a wide range of financial services, including personal loans, business loans, and vehicle financing, with a focus on delivering customer-centric solutions and contributing to the financial inclusion of individuals across India.
Incred (Personal Loan)
Incred offers personal loans to meet various financial needs, such as medical emergencies, education, home renovation, or travel. To apply, you’ll need documents such as identity proof (Aadhaar, Passport), address proof (utility bills, rent agreement), income proof (salary slips, bank statements), and employment details. Incred, a non-banking financial company (NBFC), provides a range of financial solutions, including personal loans, business loans, and consumer loans, with a focus on delivering customer-centric services and fostering financial inclusion across India.
Check Your Eligible Personal Loan Amount from Leading Banks & NBFCs
Easily check your personal loan eligibility from leading banks and NBFCs. Get instant loan estimates based on your income, credit score, and location, ensuring you find the best offers available in your city.
Eligibility Criteria for Personal Loans
Banks and NBFCs evaluate multiple factors before approving a personal loan. Here are the key eligibility requirements:
Common Eligibility Requirements by Banks & NBFCs
Benefits of Applying for a Personal Loan with us
More Lenders, Better Comparison
Compare personal loan offers from 150+ Banks & NBFCs to find the best interest rates and terms.
Quick & Hassle-Free Process
Get instant approval and fast disbursal – No collateral required!
Higher Loan Amounts, Lower Interest Rates
We help you secure maximum loan eligibility with the lowest possible interest rates.
Fastest Disbursal in the Industry
Receive the loan amount within 24-48 hours with minimal paperwork.
Documents Required for a Personal Loan
Whether you’re a salaried employee, self-employed, or an NRI, here are the essential documents needed to apply for a personal loan.
Mandatory Documents (Applicable to All Applicants)
For Salaried Individuals
For Self-Employed Individuals
For Non-Resident Indians (NRIs)
FAQ
How long does it take to get a personal loan approved?
Most personal loan applications get approved within 24-48 hours if all documents are in order. Some lenders offer instant approval for pre-approved customers.
What is the maximum and minimum tenure for a personal loan?
Personal loan tenures typically range from 12 months to 60 months (1 to 5 years). Some lenders may offer flexible tenure options.
What are the interest rates on personal loans?
Interest rates typically range from 10.5% to 24% per annum, depending on your credit score, income, and lender policies.
Can I prepay or foreclose my personal loan?
Yes, most banks allow prepayment or foreclosure. However, some lenders charge a prepayment penalty (0% to 5%) if done within the first year.
How much personal loan can I get based on my salary?
You can generally get a loan up to 15-20 times your monthly salary. Example: If your salary is ₹50,000, you may get a loan of ₹7.5 lakh to ₹10 lakh.
Can I transfer my existing personal loan to another lender?
Yes, you can do a personal loan balance transfer to a different bank with a lower interest rate. This helps reduce your EMI burden.
Can I get a personal loan with a low CIBIL score?
Yes, but with some conditions:
✅ You may get a loan at a higher interest rate
✅ Some NBFCs offer loans for a CIBIL score of 600+
✅ If your score is below 600, consider secured loans or improving your credit before applying.
What is the minimum salary required for a personal loan?
The minimum salary requirement depends on the lender:
Banks: ₹20,000 – ₹25,000 per month
NBFCs: ₹15,000 per month (for select profiles)
Metro Cities: Higher salary requirements apply
Can I get a personal loan without income proof?
Some lenders offer loans without salary slips or ITR, but they might ask for:
Bank statements (showing regular income)
Collateral or guarantor
Higher interest rates may apply
Can I get a personal loan if I already have existing loans?
Yes, but your eligibility depends on your Debt-to-Income (DTI) ratio. Ideally, total EMIs should not exceed 40-50% of your income.