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Equitas Bank Personal Loan

Equitas Small Finance Bank offers personal loan at an interest rates starting from 10.49% p.a. for loan amount of Rs. 2 lakh onwards. The loan repayment tenure is offered by the bank is up to 5 years.
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Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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Highest Approval Chances

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Hassle-Free Digital Application Process

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End-to-End Expert Assistance

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Minimal Documentation Needed

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

About Equitas Small Finance Bank Personal Loan

  • Consumers can avail Equitas Small Finance Bank personal loans on competitive interest rates to meet personal different financial needs.
  • With the Paisabazaar platform applicants can experience a seamless digital loan process and end-to-end expert assistance.
  • The consumer’s loan approval is based on his/her repayment capacity and creditworthiness.
  • Equitas Small Finance Bank personal loans are disbursed quickly and require minimal documentation.
  • These personal loans can be repaid over a flexible tenure and need no collateral or security.

Equitas Bank Personal Loan Highlights

Interest rate 10.49% p.a.to 15% p.a.
Loan amount Rs. 2 lakh onwards
Repayment tenure From 12 months to 5 years
Processing fee Up to 3% of the loan amount plus applicable charges

Equitas Personal Loan Interest Rate

The interest rates of Equitas Bank Microfinance loans range between 10.49% to 15% p.a. While Equitas Small Finance Bank has not disclosed the interest rates for its MSME loan, it has mentioned that the interest rates for MSME loans are linked to FBIL 3-month Treasury Bill rate.

Also read: What are the personal loan interest rates offered by top banks/NBFCs?

Fees & Charges of Equitas Personal Loan

Processing Fee for Personal Loan

Processing Fee Up to 3% of the sanctioned loan amount + applicable taxes

Fees & Charges for Equitas Personal Loan

Nature of Charge/Fee Actual Charges (Excluding GST)
Penal Charges Up to 3% per month for the delayed days on the EMI overdue from EMI due date till its payment date
Part-prepayment Charges 2% on the repayment amount (After 6 months)
Fore-closure Charges 2% on the principal outstanding on the date of closure (After 12 months of disbursement)
EMI Return(Cheque/NACH/ES) Charges Rs. 500 per instance
Credit Shield As applicable

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Eligibility Criteria for Equitas Bank Personal Loan

The below mentioned is the eligibility criteria as defined by the Equitas Bank for the personal loan:

  • Applicant should be a resident customer
  • Age: 23 years to 55 years at time of availing the loan
  • Salaried individual with minimum net take home salary of Rs. 40000 or above
  • Bureau Score should be 728 or above

Equitas Bank Personal Loan Documents

Find below the basic personal loan documents required by Equitas Small Finance Bank for personal loan:

  • Valid Aadhaar
  • PAN Card
  • Latest 6 month bank statement where salary is being credited

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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