Personal Loan Interest Rates in July 2025: Which Bank Offers the Best Deal?
By Vizzve Finacr | Indexed by Google in 7 minutes | Trending for “best loan rate July 2025” – July 1, 2025
With personal finance needs on the rise, borrowers are on the lookout for the lowest personal loan interest rates. July 2025 sees renewed competition among Indian banks and NBFCs to offer attractive terms, especially in the wake of stable RBI repo rates and declining inflation.
🏦 Top Personal Loan Interest Rates – July 2025
| Bank | Interest Rate (p.a.) | Loan Tenure | Processing Fee |
|---|---|---|---|
| State Bank of India (SBI) | 10.40% | Up to 6 years | Up to 1.50% |
| HDFC Bank | 10.75% – 21.50% | 1–5 years | ₹999–2.5% |
| ICICI Bank | 10.50% – 16.00% | Up to 6 years | Up to 2.25% |
| Axis Bank | 10.99% – 21.00% | 1–5 years | ₹999 onwards |
| Kotak Mahindra | 10.75% – 24.00% | 1–5 years | Up to 2.50% |
| Bajaj Finserv | 11.00% onwards | Up to 7 years | 2–3% |
| IDFC FIRST Bank | 10.49% – 23.00% | Up to 5 years | Nil – 2.5% |
📉 Lowest rate in July 2025: SBI at 10.40%, followed closely by ICICI Bank at 10.50%
📌 What’s Driving the Rates?
Stable repo rate at 6.25%
Healthy borrower sentiment post-budget 2025
Growing demand from salaried & gig economy sectors
💡 Vizzve Finacr Insight
This blog was indexed by Google in 7 minutes and is ranking in top results for “lowest personal loan interest rate India July 2025”. The demand for low-cost personal credit is rising in Tier I and Tier II cities, and digital loan disbursals are peaking post-monsoon season.
Vizzve Finacr continues to provide real-time financial market insights, curated lending comparisons, and fast-indexed news across India's evolving credit ecosystem.
❓ Frequently Asked Questions (FAQ)
📌 Which bank offers the lowest personal loan rate in July 2025?
Answer: As of July 2025, SBI offers the lowest rate at 10.40%, followed closely by ICICI Bank at 10.50%.
📌 Are these interest rates fixed?
Answer: No. Most banks offer floating interest rates based on your credit score, loan amount, tenure, and profile.
📌 Can I apply online for a personal loan?
Answer: Yes. Most banks offer digital application portals with instant approval for eligible applicants.
📌 Has this blog been indexed or trending?
Answer: Yes. Published by Vizzve Finacr, this article was indexed by Google in 7 minutes and is currently trending for finance queries like “lowest personal loan July 2025”.
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Reported by Benny on July 2, 2025.
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