Loan Comparison Tool 2026
Find the lowest EMI and Interest Rate across top Indian Banks & NBFCs
Personal Loan
10.50% - 11.15%
starting rates
Home Loan
8.35% - 8.50%
starting rates
Car Loan
8.75% - 9.00%
starting rates
Compare & Save
Up to ₹2L
interest savings
Loan Details
Filters & Sort
Quick Tips
- • Click on any rate to edit manually
- • Lower rate doesn't always mean lower total cost
- • Processing fees can make a difference
- • Compare EMI before applying
📊 Why Compare Loans?
A small difference in interest rate can save you lakhs over a long tenure. Our Smart Loan Comparison Tool helps you evaluate top Indian banks and NBFCs side-by-side, so you can choose the best offer for your needs.
💡 How to Use This Comparison Tool?
- Select Type: Choose between Personal, Home, or Car Loan.
- Enter Details: Adjust the loan amount and tenure using sliders.
- Edit Rates (Pro Tip): Click on any bank's interest rate box to manually edit it if you have a special offer.
- Compare: View monthly EMIs, total interest breakdowns, and processing fees.
🏦 Banks vs NBFCs
Banks usually offer lower interest rates but have strict eligibility criteria. NBFCs (Non-Banking Financial Companies) often have faster processing and relaxed criteria, but rates might be slightly higher.
💰 Interest Rate Impact
A 1% difference on a ₹50L home loan for 20 years can save you ₹4.5 lakhs in interest. Compare rates carefully!
❓ Frequently Asked Questions
Bank vs NBFC: Which is better for a loan?
Banks usually offer lower interest rates but have strict eligibility criteria. NBFCs (Non-Banking Financial Companies) often have faster processing and relaxed criteria, but rates might be slightly higher. Choose based on your profile and urgency.
Does checking loan rates affect my CIBIL score?
No, using a calculator or comparing rates online does not affect your CIBIL score. However, applying to multiple banks formally causes 'hard inquiries' which can lower your score by 5-10 points.
What is the minimum credit score for a loan?
Most banks require a CIBIL score of 750+ for best rates. Scores between 650-749 may still get approval but at higher rates. Below 650 may face difficulty in approval.
Can I prepay my loan without penalty?
For floating rate loans, most banks allow prepayment without penalty. For fixed rate loans, prepayment charges of 2-4% may apply. Always check the terms before signing.
⚠️ Disclaimer: Rates shown are indicative and based on March 2026 data. Actual rates may vary based on your credit score, loan amount, and relationship with the bank. Always check with the lender before finalizing.