🇮🇳 India / Loans Rates

India Loans Rates & Limits 2026

Official rates sourced from RBI Average Lending Rate Data, Bankbazaar survey June 2026.

Last updated: 2026-06-27

Current Rates

Parameter	Value
Personal Loan Max Tenure Years	7
Personal Loan Min Amount	10,000
Personal Loan Max Amount	4,000,000
Auto Loan Max Tenure Years	7
Student Loan Moratorium Years	1
Min Cibil Score For Best Rates	750
Processing Fee Max Percent	3

›A CIBIL score of 750+ (range 300–900) qualifies for the most competitive rates. Scores below 650 may result in rejection or rates 4–8% higher than advertised.
›Most personal loans in India are fixed-rate. Auto loans can be fixed or floating. Home loans are typically floating-rate linked to the repo rate since October 2019.
›Processing fees of 1–3% of the loan amount are common. Always compare APR (Annual Percentage Rate), which includes processing fees, not just the stated interest rate.