- Loan amount: Up to Rs. 40 lakh, may go up to Rs. 50 lakh
- Interest rate in Delhi: Starting from 9.99% per annum
- Tenure of the loan: Up to 5 years
- Processing fees charged: Up to 4% of the loan amount
- Minimum salary required: Rs. 15,000 per month (varies by lender)
- Minimum credit score required: 760+ (preferable)
Personal Loan in Delhi

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Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless

Personal Loan in Delhi - Rate Tenure & Key Features 2026
Top Banks & NBFCs Offering Personal Loan in Delhi
Private Banks
| Private Bank | Loan Amount (maximum) | Interest Rate(% p.a.) | Tenure | Processing Fees |
|---|---|---|---|---|
| HDFC Personal Loan | Rs. 50 lakh | Starting at 9.99 | 60 months | Up to Rs. 6,500 |
| ICICI Personal Loan | Rs. 50 lakh | Starting at 9.99 | 72 months | Up to 2% |
| Axis Personal Loan | Rs. 40 lakh | Starting at 9.99 | 84 months | Up to 2% |
| Kotak Personal Loan | Rs. 1 crore | Starting at 10.99 | 72 months | Up to 5% |
NBFCs & Fintechs
| NBFCs & Fintechs | Loan Amount (maximum) | Interest Rate(% p.a.) | Tenure | Processing Fees |
|---|---|---|---|---|
| Muthoot Personal Loan | Rs. 20 lakh | Starting from 13.5 | 72 months | — |
| KreditBee Loan | Rs. 10 lakh | 12-28.5 | 60 months | Up to 5.1% |
| Tata Capital Personal Loan | Rs. 40 lakh | Starting from 9.99 | 84 months | Up to 2% |
| Bajaj Personal Loan | Rs. 1 crore | Starting from 10.99 | 72 months | Up to 5% |
Government Banks
| Government Bank | Loan Amount (maximum) | Interest Rate(% p.a.) | Tenure | Processing Fees |
|---|---|---|---|---|
| SBI Personal Loan | Rs. 50 lakh | 10.00-15.00 | 84 months | Up to 1.50% of the loan amount |
| PNB Personal Loan | Rs. 20 lakh | 10.25-16.80 | 72 months | Up to 1% |
| BOB Personal Loan | Rs. 20 lakh | 10.15-18.00 | 84 months | Up to 2% (Max. Rs. 10,000) |
| Canara Personal Loan | Rs. 50 lakh | 9.70-15.15 | 84 months | Up to 0.25% (Rs. 500 - Rs. 2,500) |
Personal Loan Interest Rate in Delhi
Delhi personal loan interest rate starts from 9.99% onwards. To get the best interest rate on your personal loan, follow the tips mentioned below:
How Can You Use a Personal Loan in Delhi?
You can use a personal loan for different financial needs. Here are the most common purposes people are using personal loan in delhi:
| Purpose | Best For | Typical Amount |
|---|---|---|
| Personal Loan for Wedding | Marriage expenses, catering, venue | Rs. 2L – Rs. 25L |
| Personal Loan for Medical | Hospital bills, surgery, treatment | Rs. 50K – Rs. 20L |
| Travel Loan | Domestic or international trips | Rs. 50K – Rs. 5L |
| Loan for Home Renovation | Interior work, repairs, furnishing | Rs. 1L – Rs. 25L |
| Personal Loan for Education | Short courses, certifications, exams | Rs. 50K – Rs. 5L |
| Debt Consolidation Loan | Pay off multiple debts at lower rate | Rs. 1L – Rs. 20L |
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Personal Loan Eligibility in Delhi
To be eligible for a personal loan in Delhi, individuals must qualify for the set criteria of a lender. The common eligibility criteria for most lenders are:
How Your Credit Score Can Affect Personal Loan Rates in Delhi
| CIBIL Score | Likely Approval Chances | Interest Impact |
|---|---|---|
| 750+ | Excellent | Lowest rates |
| 700–749 | Good | Competitive |
| 650–699 | Moderate | Higher interest |
| Below 650 | Difficult | Limited lender options |
Personal Loan EMI Calculator for Delhi Residents
Personal loan EMI calculators can help Delhi residents estimate their EMIs before applying for a loan. By trying different combinations of the loan tenure, loan amount and the interest rate, borrowers can decide which combination works the best for them based on their repayment capacity and apply for a personal loan in Delhi accordingly.
Paisabazaar offers a free online personal loan emi calculator which can be used by simply putting in the loan amount, loan tenure and interest rate of the loan.
How Much EMI Can Different Salary Brackets Afford in Delhi?
| Monthly Salary | Maximum EMI Range Typically Preferred by Lenders | Estimated Personal Loan Eligibility* |
|---|---|---|
| Personal Loan for 25000 Salary | Up to Rs. 13,000–14,000 | Rs. 2–3 lakh |
| Personal Loan for 50,000 Salary | Up to Rs. 26,000–28,000 | Rs. 5–8 lakh |
| Personal Loan for 80,000 Salary | Up to Rs. 38,000–41,000 | Rs. 9–13 lakh |
| Personal Loan for 1,00,000 Salary | Up to Rs. 50,000–55,000 | Rs. 12–18 lakh |
| Personal Loan for 1,50,000 Salary | Up to Rs. 75,000–82,000 | Rs. 20–30 lakh |
*Estimated eligibility can vary based on:
Instant Personal Loan in Delhi — Same Day Disbursement
Paisabazaar offers pre-approved personal loans to applicants with a strong credit profile and high repayment capacity.
Personal Loan for Delhi Government Employees
Most lenders in India provide personal loans to government employees with multiple benefits. One of the most important benefits is the highly competitive interest rate owing to their stable income and employment profile. Delhi government employees can apply for these loans to get quick funds to meet their financial needs.
XPRESS Personal Loan For Govt Employees by HDFC
Personal Loan Under Special Retail Lending Scheme for Government Employees by Union Bank of India
Personal Loan for Government Employees by Kotak Mahindra Bank
Documents Required for Personal Loan in Delhi
Lenders require multiple documents from applicants to verify their authenticity of income and identity. A few of the commonly asked documents are mentioned below:
Personal Loan for Self-Employed in Delhi
Self-employed professionals in Delhi can also apply for a personal loan on Paisabazaar. However, the eligibility criteria may be a little different from salaried individuals. Borrowers can visit the Paisabazaar Personal Loan Eligibility Calculator page to understand their eligibility for a personal loan in Delhi.
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Personal Loan Across Top Cities in India
Top NBFCs in Major Cities
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FAQs
Which bank gives the best personal loan in Delhi in 2026?
Paisabazaar helps borrowers get the best personal loans in Delhi in 2026. At Paisabazaar, borrowers get attractive interest rates, flexible tenure and easy documentation.
What is the minimum salary for a personal loan in Delhi?
The minimum salary required for a personal loan in Delhi is Rs. 15,000 p.m. However, this may vary across lenders and the loan amount you are applying for.
Can I get an instant personal loan in Delhi today?
Yes, if you qualify for a pre-approved loan, you can get an instant personal loan in Delhi today.
Is personal loan available for Delhi government employees?
Yes, most lenders offer personal loans to Delhi government employees.
How to apply for a personal loan in Delhi online?
To apply for a personal loan in Delhi, borrowers can visit the Paisabazaar app and head to the personal loan section. Fill in the required details, compare offers and apply for the best one as per their requirement.
Can I get a personal loan in Delhi without a salary slip?
Yes, you can get a personal loan in Delhi without a salary slip. If you do not have a salary slip, you may be required to provide additional documents to verify your income.
Personal Loan Articles
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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