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Personal Loan

This allows consumers to compare the key loan features offered by top lenders

Unsecured Salaried Personal Loans upto ₹ 1 Cr *

Rate Of Interest starts from 10.45% on reducing balance

Flexi Over Draft Facility Available

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Top Credit Cards in India for 2023
Top 10 Credit Cards Annual Fee Best Suited For Key Feature#
Cashback Axis Card Rs. 999 Cashback across all categories 5% cashback on online transactions* without any merchant restriction
Standard Chartered Bank EaseMyTrip Credit Card Rs. 350 Travel Flat 20% instant discount on hotel booking and flat 10% instant discount on flight bookings at EaseMyTrip website/app
Axis Ace Credit Card Rs. 499 Cashback 2% cashback across all transactions
Citi PremierMiles Rs. 3,000 Air Miles 10,000 Bonus Miles on spending Rs. 1,000 or more within 60 days of card issuance
Credit Card ELITE Rs. 4,999 All-round Benefits Welcome e-gift voucher worth Rs. 5,000
Credit Card Octane Rs. 1,499 Fuel 7.25% value back on your fuel expenses
Flipkart Axis Bank Credit Card Rs. 500 Online Shopping 5% cashback on Flipkart and Myntra
HDFC Diners Club Privilege Rs. 2,500 Travel & Lifestyle Complimentary Annual memberships of Amazon Prime, MMT BLACK, Times Prime and more
Axis Vistara Signature Credit Card Rs. 3,000 Travel Complimentary Premium Economy Ticket as welcome benefit and Club Vistara Silver Membership
Amazon Pay ICICI Credit Card Nil Online Shopping 5% cashback on Amazon purchases for Prime users

*GST Extra
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These cards offer the best-in-class benefits across shopping, travel, cashback, etc., for consumers from different income levels and credit profiles. Please note that this list does not include super-premium credit cards that are usually “invite-only” cards and are offered to individuals with high income or net worth. If you want to see the best super-premium cards in India, click here.

Types of Credit Cards
Credit Card Eligibility Criteria
Documentation for Credit Card
How to Improve your Chances of Getting a Credit Card?

A few ways of improving your chances of Credit Card approval are:

FAQ

A personal loan is a type of loan that you can use for various purposes, such as consolidating debt, paying for a major expense, or covering an unexpected cost. Unlike other types of loans, such as car loans or mortgages, personal loans do not require you to put up collateral.
To qualify for a personal loan, you typically need to have a good credit score and a steady source of income. Lenders will also consider your debt-to-income ratio, which is the amount of debt you have compared to your income.
The amount you can borrow with a personal loan depends on the lender and your financial situation. Generally, personal loans range from 10 thousand to 1 crore.
The interest rate on a personal loan depends on several factors, including your credit score, income, and the lender you choose. Generally, personal loan interest rates range from 10.5% to 36%.
The time it takes to get a personal loan can vary depending on the lender and your financial situation. Some lenders offer instant approval and can deposit funds into your account within a few business hours, while others may take couple of days to process your application.
Yes, many people use personal loans to consolidate high-interest credit card debt. By consolidating your debt with a personal loan, you can potentially lower your interest rate and simplify your payments.
Yes, many lenders allow you to pay off your personal loan early without penalty. However, it's important to read the terms and conditions of your loan agreement to make sure there are no prepayment penalties.
No collateral required: Personal loans are unsecured, which means you don't have to put up collateral such as a car or house to get approved. This can be beneficial if you don't want to risk losing your assets if you default on the loan. Flexible use of funds: Personal loans can be used for a variety of purposes, including consolidating debt, home improvements, and unexpected expenses. The lender generally doesn't ask you to specify the purpose of the loan. Fixed interest rates: Personal loans often come with fixed interest rates, which means your monthly payments will remain the same throughout the life of the loan. This can make it easier to budget and plan for the loan repayment. Lower interest rates: Personal loans can have lower interest rates than credit cards and other types of loans, especially if you have good credit. This can save you money in the long run. Quick access to funds: If you have a good credit score and income, you may be able to get approved for a personal loan quickly and receive the funds within a few business days.
Lower interest rates: Personal loans often have lower interest rates than credit cards, especially if you have a good credit score. This can save you money in the long run, as you'll pay less in interest charges. Fixed repayment schedule: With a personal loan, you have a fixed repayment schedule and a set amount to pay each month. This can make it easier to budget and plan for the loan repayment, compared to a credit card where the minimum payment and interest charges can fluctuate. Larger borrowing limits: Personal loans typically have higher borrowing limits than credit cards. This can be useful if you need to borrow a larger amount of money for a major expense. No temptation to overspend: With a personal loan, you receive a lump sum of money and can't continue to borrow more unless you apply for another loan. This can prevent the temptation to overspend and accumulate more debt, which can happen with a credit card that has a revolving line of credit. Credit score benefits: If you use a personal loan to consolidate high-interest credit card debt, you can potentially improve your credit score. This is because using a personal loan to pay off credit card debt can lower your credit utilization rate, which is a factor that impacts your credit score.