Personal loan rates in May 2026: Compare SBI, HDFC, ICICI and other lenders with fees a...

This report covers key India-focused updates related to loans, EMI, interest rates and banking. Personal loan rates in May 2026: Compare SBI, HDFC, ICICI and other lenders with fees and EMIs Comprehensive comparison of personal loan rates in May 2026 across SBI, HDFC, ICICI Bank, Axis Bank, and other lenders in India, including EMIs, interest rates, and processing fees, to help borrowers make informed decisions. Before finalising any loan offer, consult a certified financial advisor. A personal loan can help you cover unforeseen expenses, such as medical costs, foreign education, and home renovations. Keeping the same factor in mind, prominent lending institutions across the country, such as State Bank of India, HDFC Bank, ICICI Bank, among others, are offering eligible borrowers with lucrative personal loan offers. These offers start at rates as low as 8.75% to 9%. Furthermore, Equated Monthly Instalments (EMIs) for a ₹5 lakh loan over five years generally start at around ₹10,300; however, the actual cost per individual depends on factors such as credit profile, tenure, repayment potential and lending charges.