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Utkarsh Small Finance Bank Personal Loan

Utkarsh Small Finance Bank offers personal loans for loan amounts of up to Rs. 20 lakh and repayment tenures of up to 7 years. Loan applicants can avail themselves of personal loans for managing their personal (except for speculation purposes), professional or business-related expenses.
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Valid till 31st May '26 *T&C Apply
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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Seamless Digital Process

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End-to-End Expert Assistance

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Minimum Paperwork Required

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Hassle-Free Processing

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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 Utkarsh Small Finance Bank Personal Loan

  • Minimum paperwork is required to avail a personal loan from Utkarsh Small Finance Bank which reduces the overall processing time.
  • These personal loans can be repaid over a flexible tenure ranging up to 84 months.
  • No collateral or security is required to avail a loan from Utkarsh Bank.
  • Utkarsh Small Finance Bank personal loans come with zero hidden fees or charges.

Utkarsh Small Finance Bank Personal Loan Highlights

Interest Rate 14% p.a. to 23% p.a.
Loan Amount Rs. 1.5 lakh to Rs. 20 lakh
Loan Tenure 1 year to 7 years
Processing Fees Up to 2% of the loan amount plus applicable taxes
Minimum monthly income Rs. 20,000

Utkarsh Small Finance Bank Personal Loan Interest Rates

Utkarsh Small Finance Bank personal loan interest rates can range between 14% p.a. to 23% p.a.. However, the interest rate offered to an applicant may vary based on the applicants’ monthly income, credit scores, occupation profile, etc.

Fees and Charges for Utkarsh Small Finance Bank Personal Loan

The fees and other charges for availing personal loans from Utkarsh Small Finance Bank are as follows:

Processing Fees

Particulars Rates
Processing Fees Up to 2% of loan amount plus applicable taxes

Prepayment Fees

Particulars Rates
Part prepayment charges (for fixed interest rate loans) 3% of prepayment amount plus applicable taxes
Pre closure charges (for fixed interest rate loans)
  • For pre closure during 7 months and 2 years: 4% of outstanding principal plus applicable taxes
  • For pre closure during 25 months and 3 years: 3% of outstanding principal plus applicable taxes
  • For pre closure after 3 years: 2% of outstanding principal plus applicable taxes

Other charges

Particulars Rates
Penal Interest on Overdue EMI 2% per month on overdue EMI for the total overdue period
Legal/Valuation Charges As per actuals
Duplicate interest and charge for principal certificate issuance Rs. 250 plus applicable taxes
Duplicate no dues certificate or NOC issuance charges Rs. 250 plus applicable taxes
Duplicate statement issuance charges Rs. 250 per instance per set plus applicable taxes
Swap charges (cheque or other instrument) Rs. 500 per occasion of swapping for NACH, ECS mandate or standing instruction mandate plus applicable taxes

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Eligibility Criteria for availing Utkarsh Small Finance Bank Personal Loan

The eligibility criteria for availing Utkarsh Small Finance Bank Personal loan are as mentioned below:

  • Minimum Monthly Income: Rs. 20,000
  • Age: 23 to 58 years
  • Utkarsh Small Finance Bank offers personal loans to salaried applicants working in the government, private or public sector organisations.
  • Minimum work experience with the current employer should be 6 months, overall work experience should be minimum 2 years.

Documents Required for availing Personal Loans from Utkarsh Small Finance Bank

Prospective borrowers availing Utkarsh Small Finance Bank Personal Loans should submit the following documents:

  • KYC documents (for proof of address and identity proof)
  • Salary slips
  • Application form
  • Bank statements

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

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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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