Personal Loan for Self Employed

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

Google Play Store

4.5_/5

15.5L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

Get Cashback of ₹ 1,000^* on Loan Disbursal

Valid till 31^st March '26 *T&C Apply

Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

By submitting this form, you have read and agree to the Credit Report Terms of Use, Terms of Use & Privacy Policy

Google Play Store

4.5_/5

15.5L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

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

Find Best Personal Loan Offers

Sort by:

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 Fee₹ 6,500

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%

Quick Links

Personal Loan Interest Rates for Self Employed

Compare Interest Rates

Eligibility Criteria for Personal Loan for Self-employed

Documents Required for Loan Application

Why Choose Paisabazaar?

Compare & Choose the Best Offer

Pre-approved Offers with Instant Disbursals

Know Your Chances of Approval

End-to-End Digital Process

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

Personal Loan for Self-employed – Highlights

Interest Rate	9.98% onwards
Loan Amount	From Rs. 50,000 to Rs. 40 lakh
Collateral/Security	Not required
Repayment Tenure	From 12 months to 60 months
Loan Processing Time	From 1-5 working days
Processing Fee	From 1% to 5% of the sanctioned loan amount

Note: The above-mentioned interest rates, fees and charges may change and shall depend on the sole discretion of the banks/NBFCs.

Personal Loan Interest Rates for Self Employed

Starting from a minimum of 9.98% p.a., personal loan interest rates for self-employed professionals and self employed non-professionals may vary from individual to individual depending upon his/her credit score, loan amount, age, repayment ability, etc.

Comparison of Personal Loans for Self Employed Individuals

Banks/NBFCs	Interest Rates(p.a.)
Bajaj Finance	10% - 31% p.a.
Axis Bank	9.99% onwards
IndusInd Bank	10.49% onwards
IDFC FIRST Bank	10.99% onwards
HDFC Bank	9.99% onwards
ICICI Bank	10.60% onwards
Kotak Mahindra Bank	10.99% onwards
Tata Capital	11.99% onwards
Federal Bank	12.00% onwards
DMI Finance	Up to 24%
L&T Finance	11.00% onwards
Kreditbee	12.00% - 28.25%
MoneyTap	13.00% onwards
Piramal Finance	11.99% onwards
Aditya Birla	10.99% onwards
Moneyview	14%-36%
Cashe	33.50% onwards

Eligibility Criteria for Personal Loan for Self-employed Individuals

You should be a self-employed professional/non-professional
You should be at least 21 years old
Minimum credit score should be 750 or above
Your annual income should match the eligibility criteria set by the bank
Your business should be running for at least 2 years

Documents Required for Loan Application

Duly filled application form with passport-sized photographs
ID Proof: Aadhaar Card, PAN Card, Voter ID Card, Driving License, Passport, etc.
Address Proof: Ration Card, Utility Bills (Electricity Bill, Phone Bill, etc.), PAN Card, Aadhaar Card, Voter ID Card, etc.
Business Proof: Proof of Business Existence, Certificate of Incorporation, Certificate of Registration with Appropriate Registration Body
Income Proof: ITR of Past 2 years, Certified Profit and Loss Statement
Any other document required by the bank

Avail Personal Loan for
All Your Needs

Factors Affecting Personal Loan Interest Rates

Credit score: Before approving a personal loan, lenders check the applicant’s credit score to evaluate his creditworthiness. A good credit score (above 750) indicates that you have been disciplined with your repayments and the lenders do not hesitate to offer you a lower interest rate
Tenure of business: If your business is running in profit for at least 2 years, you get a personal loan at a low-interest rate due to stability in business
Relationship with the bank: If you already have a current or savings account with the bank or you have an existing loan that you have been repaying regularly, you may get a personal loan with a lower interest rate

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

Explore Our Personal Loan Lenders

Avail Personal Loan for
All Your Needs

Personal Loan Articles

Importance of No Dues Certificate in Personal Loan Closure

Paisabazaar02 Sept 2025

Loan rejected despite high income? Here’s what you need to know

Paisabazaar19 Aug 2025

Personal Loan for First Time Borrowers: What Customers Must Know

Paisabazaar04 Aug 2025

How I Saved Rs 22,000 on My Personal Loan through Prepayment

Bhumika Khandelwal31 Jul 2025

How Have Personal Loans Advanced Over the Past few Years

Paisabazaar17 Jul 2025

Factors To Consider While Selecting a Personal Loan Lender

Paisabazaar16 Jul 2025

Instant Personal Loan Apps: Avoid These 5 Pitfalls

Bhumika Khandelwal16 Jul 2025

Reasons for Delay in Personal Loan Processing

Paisabazaar09 Jul 2025

APR vs Interest Rate in Personal Loans: What’s the Difference?

Bhumika Khandelwal07 Jul 2025

Tips to Choose an Ideal Personal Loan Tenure

Paisabazaar07 Jul 2025

View All Articles

What our customers say

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.

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

Kokil BarnwalFeb 12, 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.

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.

Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

Abhishek ThakuraJan 14, 2026

View All Testimonials

Written By

Vandana Punj

Reviewed By

Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Check Best Personal Loan Offers
with Quick Disbursal