SBI, HDFC Bank Offer Competitive Personal Loan Rates July 2025

In July 2025, SBI offers personal loan interest rates ranging from 10.30 percent to 15.30 percent per annum, with specific schemes providing tailored rates for government employees, pensioners, and private-sector workers. SBI's personal loan rates are linked to the 2-year MCLR of 9.05 percent plus a spread based on credit profile and relationship with the bank, and processing fees can be up to 1.5 percent of the loan amount. Meanwhile, HDFC Bank provides personal loans with flexible tenures and limited documentation, targeting salaried and self-employed individuals, with interest rates depending on income, credit score, and employer reputation. For home loans, multiple Indian banks including SBI offer competitive interest rates starting as low as 7.35 percent to 7.50 percent annually, with varying processing fees and terms. SBI also provides fixed deposit schemes with interest rates between 3.30 percent and 7.10 percent, offering guaranteed returns, with senior citizens receiving slightly higher rates on special schemes. Overall, both SBI and HDFC Bank continue to provide a range of financial products with competitive rates catering to diverse customer needs.