Personal loan December 2025: If you are planning to take a personal loan in December 2025, knowing the interest rates and fees of top banks is essential. Personal loans are unsecured loans, which means you don’t need to pledge any asset. They are useful for emergencies, travel, home repairs, education, or medical expenses. However, they usually come with higher interest rates compared to other loans.
Here’s a look at popular banks and their December 2025 offers:
HDFC Bank Personal Loan
HDFC Bank offers personal loans at interest rates from 9.99% to 24%. The processing fee is up to ₹6,500 plus GST. HDFC loans are known for quick approval and minimal documentation, making them ideal for people looking for a trusted and reliable bank.
ICICI Bank Personal Loan
ICICI Bank provides loans at interest rates between 10.45% and 16.50%, with a processing fee of 2% of the loan amount. ICICI loans are popular for fast approval and simple processes, suitable for borrowers who want competitive rates.
Axis Bank Personal Loan
Axis Bank offers interest rates ranging from 9.50% to 21.55%, with a processing fee of 2% of the loan amount. The bank provides fast disbursal and easy application, making it a good option if you need funds quickly.
Kotak Mahindra Bank Personal Loan
Kotak Mahindra Bank starts its loans at 10.99% interest, and the processing fee is 5% of the loan amount. This loan is ideal for people who prefer good customer service and flexible repayment options.
Tips Before Choosing a Personal Loan
- Compare interest rates and processing fees of different banks.
- Check loan tenure and calculate EMI using an online calculator.
- Understand prepayment and foreclosure charges.
- Borrow only the amount you really need.
Conclusion
December 2025 is a good time to plan your personal loan if you know your options. HDFC, ICICI, Axis, and Kotak Mahindra Bank all offer competitive rates with varying processing fees and approval speeds. By comparing banks and understanding their terms, you can choose the right loan that fits your financial needs and repayment ability.
