Skip to content
Comparing loans? See rates, fees and EMI side by side.Check loan options

Axis Bank vs HDFC Bank vs IDFC FIRST Bank: Which Is Better for a Loan?

Written by KhatuLoans Editorial Team · Edited by Hemant Kumar, Founder and Editor · Figures checked · Information only, not a loan provider

Axis Bank, HDFC Bank and IDFC FIRST Bank publish the same starting personal loan rate of 9.99%. For a car loan, HDFC Bank starts lowest (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank. The page also compares two-wheeler loans. A starting rate is the best case, not a typical offer, so confirm the annual percentage rate (APR) and total repayable amount in each loan provider's Key Fact Statement. Figures are as published on the loan providers' own websites and checked 12 October 2026.

Change the comparison
vsvs

Pick two or three banks or NBFCs. The page always lists them A to Z, so the same set always opens the same page.

Key takeaways: Axis Bank vs HDFC Bank vs IDFC FIRST Bank

  • Axis Bank, HDFC Bank and IDFC FIRST Bank publish the same starting personal loan rate of 9.99%.
  • For a car loan, HDFC Bank starts lowest (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank.
  • For a two-wheeler loan, IDFC FIRST Bank starts lowest (9%) versus 10% at Axis Bank and 9.99% at HDFC Bank.
  • All of them publish a numeric starting rate for: personal loan, car loan and two-wheeler loan. That is the part of this page you can rank like for like.
  • No numeric starting rate on the loan provider's own site: IDFC FIRST Bank for home loan. We show "Not published" instead of estimating.
  • A starting rate is the best case. Ask each loan provider for its Key Fact Statement and compare the APR and total repayable amount before you choose.

Quick verdict: who each loan provider suits

Built only from figures the loan providers publish. It says where each loan provider is ahead on paper, not who will approve you.

Where Axis Bank stands

No clear edge on the published figures we could compare. Check the product sections below and the Key Fact Statement.

Pick HDFC Bank if you want

  • The lower published starting car loan rate (7.60%)

Pick IDFC FIRST Bank if you want

  • The lower published starting two-wheeler loan rate (9%)
  • The widest range of loan types with a published rate (6)
Personal loan: published starting rate (lower is better)
Axis Bank9.99%
HDFC Bank9.99%
IDFC FIRST Bank9.99%
Car loan: published starting rate (lower is better)
Axis Bank8.90%
HDFC Bank7.60% ✓
IDFC FIRST Bank8.99%
Two-wheeler loan: published starting rate (lower is better)
Axis Bank10%
HDFC Bank9.99%
IDFC FIRST Bank9% ✓

Starting rates are the best case a loan provider advertises. Your offered rate depends on your profile.

Axis Bank vs HDFC Bank vs IDFC FIRST Bank at a glance

DetailAxis BankHDFC BankIDFC FIRST Bank
Loan provider typePrivate bankPrivate bankPrivate bank
Legal nameAxis Bank LimitedHDFC Bank LimitedIDFC FIRST Bank Limited
Loan types with a published ratePersonal loan, Home loan, Car loan, Two-wheeler loanPersonal loan, Home loan, Car loan, Two-wheeler loanPersonal loan, Loan against property, Business loan, Education loan, Car loan, Two-wheeler loan
Personal loan: published rateStarting at 9.99% p.a.Starting from 9.99%Starts at 9.99% p.a.
Personal loan: maximum tenureNot publishedNot published60 months (min 9 months)
Home loan: published rateStarting at 8.20% p.a.8% to 13.45% p.a.Not stated as current rate (page shows indicative 7.75% p.a. comparison)
Home loan: maximum tenureUp to 30 yearsUp to 30 years or till retirement age, whichever is lowerUp to 32 years salaried / 25 years self-employed
Official websiteaxis.bank.inhdfc.bank.inidfcfirstbank.com

Searching for IDFC FIRST Bank vs HDFC Bank vs Axis Bank instead? It is the same comparison, so both open this page.

Axis Bank vs HDFC Bank vs IDFC FIRST Bank personal loan: rate, fees and tenure

Starting personal loan rates as published: Axis Bank from 9.99%, HDFC Bank from 9.99% and IDFC FIRST Bank from 9.99%. The starting rates match, so processing fees, tenure, prepayment terms and your own credit profile decide which costs less.

DetailAxis BankHDFC BankIDFC FIRST Bank
Published rateStarting at 9.99% p.a.Starting from 9.99%Starts at 9.99% p.a.
Rate basisNot publishedNot publishedReducing balance
Loan amountUp to Rs 50 lakhsUp to Rs 50 Lakh₹50,000 to ₹15 lakh
Maximum tenureNot publishedNot published60 months (min 9 months)
Processing feeNot publishedNot published0% to 3.5% of loan amount (incl. GST)
Prepayment / foreclosureNot publishedNot publishedZero foreclosure charges
Eligibility (as published)Not publishedNot publishedAge 21-60; CIBIL 710 or above; salaried or self-employed
Other terms published
  • Instant approval
  • No collateral required
  • Flexible repayment
  • Fully online application
  • Zero documentation
  • Quick approval
  • Flexible tenure
  • Zero foreclosure charges
  • Tenure 9 to 60 months
  • Disbursal in as little as 10 minutes after approval
  • Multiple on-demand loans within approved offer
Official sourceaxis.bank.in/loans/personal-loan
axis.bank.in/loans/personal-loan/interest-rates-charges
hdfc.bank.in/personal-loanidfcfirst.bank.in/personal-banking/loans/personal-loan

EMI illustration: ₹5 lakh over 5 years

Loan providerRate usedMonthly EMITotal interestTotal repayable
Axis Bank9.99%₹10,621₹1,37,264₹6,37,264
HDFC Bank9.99%₹10,621₹1,37,264₹6,37,264
IDFC FIRST Bank9.99%₹10,621₹1,37,264₹6,37,264

Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.

Read the full guide: Personal loan

Axis Bank vs HDFC Bank vs IDFC FIRST Bank personal loan: full comparison with EMI, fees and FAQs

Axis Bank vs HDFC Bank vs IDFC FIRST Bank home loan: rate, fees and tenure

Starting home loan rates as published: Axis Bank from 8.20% and HDFC Bank from 8%. HDFC Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered. IDFC FIRST Bank lists the longer maximum tenure (up to 32 years salaried / 25 years self-employed). IDFC FIRST Bank does not publish a numeric starting rate for this product on its site.

DetailAxis BankHDFC BankIDFC FIRST Bank
Published rateStarting at 8.20% p.a.8% to 13.45% p.a.Not stated as current rate (page shows indicative 7.75% p.a. comparison)
Rate basisNot publishedPolicy Repo Rate + 2.50% to 7.95%Floating, repo-linked
Loan amountUp to Rs 5 croreRs 1 Lakh (EMI calculator lower bound) to Rs 10 Crore₹5 lakh (FAQ) to ₹10 crore
Maximum tenureUp to 30 yearsUp to 30 years or till retirement age, whichever is lowerUp to 32 years salaried / 25 years self-employed
Processing feeNot publishedSalaried/self-employed professionals: up to 0.50% of loan or Rs 4,000 whichever is higher + taxesCalculated on loan amount plus GST; percentage not stated
Prepayment / foreclosureNot publishedFloating-rate: nil (except business-purpose loans); fixed-rate: 2% + taxes unless prepaid from own sourcesNo foreclosure charges on floating-rate loans; floating-to-fixed switch 0.1% of sanctioned amount or ₹10,000, whichever…
Eligibility (as published)Not publishedSalaried or self-employed resident Indian; min income Rs 25,000/month (salaried), Rs 3 lakh/year (self-employed)Salaried 21-60, 3 yrs experience, min income ₹1 lakh p.a.; self-employed 23-70, 4 yrs business continuity, min income ₹1.5 lakh…
Other terms published
  • Loan up to Rs 5 crore
  • Tenure up to 30 years
  • End-to-end digital process, approval in four steps
  • Step Up Repayment and Flexible Loan Installments Plan
  • Minimal documentation
  • 24x7 assistance via chat and WhatsApp
  • Digital application
  • Up to 100% top-up at same rate as balance transfers
  • Tenure up to 32 years
Official sourceaxis.bank.in/loans/home-loan
axis.bank.in/loans/home-loan/interest-rates-charges
homeloans.hdfc.bank.in/housing-loans/home-loansidfcfirst.bank.in/personal-banking/loans/home-loan

EMI illustration: ₹50 lakh over 20 years

Loan providerRate usedMonthly EMITotal interestTotal repayable
Axis Bank8.20%₹42,446₹51,87,159₹1,01,87,159
HDFC Bank8%₹41,822₹50,37,281₹1,00,37,281

Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.

Read the full guide: Home loan

Axis Bank vs HDFC Bank vs IDFC FIRST Bank loan against property: rate, fees and tenure

Only IDFC FIRST Bank publishes a numeric starting rate for this product, so a like-for-like ranking is not possible. Axis Bank and HDFC Bank do not publish a numeric starting rate for this product on their site.

DetailAxis BankHDFC BankIDFC FIRST Bank
Published rateNot publishedNot published8.75% p.a. (per page title)
Loan amountMinimum Rs 5 lakhsUp to 65% of property market value (LTV, not an amount cap)Up to ₹15 crore
Maximum tenureNot publishedNot publishedUp to 25 years
Other terms published
  • Variants: Lease Rental Discounting, Overdraft Against Property, Reverse Mortgage
  • Loan up to 65% of market value of property
  • Dropline overdraft facility as alternative to EMI
  • Loan up to 80% of property value
  • Up to ₹15 crore
  • Tenure up to 25 years
Official sourceaxis.bank.in/loans/loan-against-propertyhdfc.bank.in/loan-against-propertyidfcfirst.bank.in/personal-banking/loans/loan-against-property

Read the full guide: Loan against property

Axis Bank vs HDFC Bank vs IDFC FIRST Bank business loan: rate, fees and tenure

Only IDFC FIRST Bank publishes a numeric starting rate for this product, so a like-for-like ranking is not possible. Axis Bank and HDFC Bank do not publish a numeric starting rate for this product on their site.

DetailAxis BankHDFC BankIDFC FIRST Bank
Published rateNot publishedNot publishedStarting at 13% p.a.
Rate basisNot publishedNot publishedFixed for term loan; dropline overdraft interest on utilised amount
Loan amountUp to Rs 35 lakh (unsecured, basis banking conduct)Up to Rs 75 lakh₹7 lakh to ₹1 crore
Maximum tenureNot publishedNot published48 months (min 12 months)
Processing feeNot publishedNot publishedUp to 3.5% of loan amount (term loan) plus GST
Eligibility (as published)Not publishedNot publishedMSMEs, proprietors, partnerships, LLPs, companies; age 28-68 at maturity; turnover ₹1 crore or more; 3 years vintage
Other terms published
  • Assessed on bank statements
  • Online application with instant processing
  • Minimal documentation
  • Collateral-free funding up to ₹1 crore
  • Tenure up to 48 months
  • Dropline overdraft option
  • Quick eligibility up to ₹75 lakh based on banking
Official sourceaxis.bank.in/business-banking/small-business-banking/unsecured-loans/unsecured-business-loan-basis-banking-conducthdfc.bank.in/business-loanidfcfirst.bank.in/business-banking/loans/business-loan

Read the full guide: Business loan

Axis Bank vs HDFC Bank vs IDFC FIRST Bank education loan: rate, fees and tenure

Only IDFC FIRST Bank publishes a numeric starting rate for this product, so a like-for-like ranking is not possible. HDFC Bank does not publish a numeric starting rate for this product on its site. Axis Bank has no education loan terms we could verify on its official site.

DetailAxis BankHDFC BankIDFC FIRST Bank
Published rateNot publishedNot publishedSecured 9.5% to 11.25% p.a.; unsecured 11.75% to 14% p.a.
Rate basisNot publishedNot publishedFloating, repo-linked
Loan amountNot publishedUp to Rs 10 lakh (education in India, per meta description)₹1 lakh to ₹2 crore (collateral-free up to ₹1.5 crore)
Maximum tenureNot publishedNot publishedUp to 15 years
Processing feeNot publishedNot publishedNil up to ₹7.5 lakh; above that up to 1.5% of loan amount
Prepayment / foreclosureNot publishedNot publishedNil; no charge on foreclosure or part-payment
Eligibility (as published)Not publishedNot publishedIndian nationals incl. NRIs; age 18+; admission to authorised institution; co-applicant required
Other terms publishedNot publishedNot published
  • Collateral-free up to ₹1.5 crore
  • Up to 100% financing of education expenses
  • Section 80E interest deduction (old regime)
  • Flexible repayment options
Official sourceNot publishedhdfc.bank.in/education-loanidfcfirst.bank.in/personal-banking/loans/education-loan

Read the full guide: Education loan

Axis Bank vs HDFC Bank vs IDFC FIRST Bank vehicle loans

For a car loan, HDFC Bank starts lowest (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank. For a two-wheeler loan, IDFC FIRST Bank starts lowest (9%) versus 10% at Axis Bank and 9.99% at HDFC Bank.

DetailAxis BankHDFC BankIDFC FIRST Bank
Car loan: published rate8.90% - 11.70%7.60% - 14.00%From 8.99%
Car loan: maximum tenureUp to 8 years (per Axis Bank car loan calculator)Up to 7 years10 years (120 months)
Car loan: processing feeUp to 2% of loan + GST; documentation Rs 700 + GSTUp to 0.5% of loan (min Rs 3,500, max Rs 8,000)Up to 5% of loan amount (incl. GST)
Two-wheeler loan: published rate10% - 28%9.99% - 25.02%From 9%
Two-wheeler loan: maximum tenure12-48 months (superbikes 12-60 months)Not published60 months
Two-wheeler loan: processing feeNot publishedUp to 2.5% of loan, plus documentation charges up to 2.25%Up to 5% (product page advertises zero processing fees)

Vehicle loans guide

Which is better: Axis Bank, HDFC Bank or IDFC FIRST Bank?

No loan provider is best for everyone. This is how the published figures split, product by product.

  • Personal loan: the loan providers publish the same starting rate (9.99%).
  • Car loan, lower starting rate: HDFC Bank (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank.
  • Two-wheeler loan, lower starting rate: IDFC FIRST Bank (9%) versus 10% at Axis Bank and 9.99% at HDFC Bank.
  • Home loan, longer maximum tenure: IDFC FIRST Bank (up to 32 years salaried / 25 years self-employed). A longer tenure lowers the EMI but raises total interest.

Pick on total cost, not the headline rate: ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount. A low rate with a high processing fee can cost more than a slightly higher rate with no fee. If you already bank with one of them, a salary or relationship account can change the rate you are offered, so ask.

Bank type and how each loan provider sets its rate

Axis Bank, HDFC Bank and IDFC FIRST Bank are private banks.

How the loan providers' own pages say their rates are set:

  • HDFC Bank home loan: Policy Repo Rate + 2.50% to 7.95%.
  • IDFC FIRST Bank personal loan: Reducing balance.
  • IDFC FIRST Bank home loan: Floating, repo-linked.

Public sector banks, private banks and non-banking finance companies (NBFCs) price differently. Banks usually link floating rates to the RBI repo rate or their own benchmark and add a spread based on your credit score; NBFCs more often quote a wider range with a higher ceiling and charge higher processing fees. Some publish a range, some only a starting rate and some only a ceiling, which is why this page compares like with like and marks every gap as not published instead of guessing.

About Axis Bank, HDFC Bank and IDFC FIRST Bank

Axis Bank

Private bank · Axis Bank Limited

We found terms for personal loan, home loan, loan against property, business loan and gold loan on Axis Bank's website. Where a rate is missing, the tables on this page say Not published.

Lowest published starting rate on this page: 8.20% (Home loan)

HDFC Bank

Private bank · HDFC Bank Limited

We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on HDFC Bank's website. Where a rate is missing, the tables on this page say Not published.

Lowest published starting rate on this page: 8% (Home loan)

IDFC FIRST Bank

Private bank · IDFC FIRST Bank Limited

We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on IDFC FIRST Bank's website. Where a rate is missing, the tables on this page say Not published.

Lowest published starting rate on this page: 8.75% (Loan against property)

Explore each loan provider: loans, calculators and more comparisons

Guides: Personal loans · Home loans · Car loan · Car loan EMI calculator · EMI calculators

What to check before you choose a loan provider

  1. Ask for the Key Fact Statement (KFS). RBI requires loan providers to give you one before you sign, showing the interest rate, all fees, the APR and the total amount you will repay.
  2. Compare APR, not the headline rate. Processing fee, documentation charges and insurance change the real cost.
  3. Check the rate basis. A floating rate moves with the loan provider's benchmark; a fixed rate does not. Ask when the rate resets.
  4. Ask about prepayment and foreclosure. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
  5. Read the eligibility and documents. Income, credit score, employment type and collateral decide the rate band you land in.

Terms used on this page

Plain meanings of the terms this comparison uses.

Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.

APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.

Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.

Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.

Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.

Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.

Sources, method and last check

Every figure above comes from the loan provider's own website. We checked them on 12 October 2026 (vehicle loan figures on 4 October 2026) and list the pages used.

Verification log: what we checked for each loan provider
Loan providerOfficial pages openedLoan types with a published rateLoan types where rate is not publishedLast checked
Axis Bank94412 October 2026
HDFC Bank84412 October 2026
IDFC FIRST Bank106212 October 2026

A "not published" count means we opened the loan provider's page for that product and the rate was not shown there, or the loan provider has no such page on its site. If you spot an error, tell us and we will correct it.

Method: we list only figures we could read on the loan provider's official pages. A blank means the loan provider does not publish that figure on the page we checked, and we never estimate one. Rankings use the published starting rate and published maximum tenure only. Read our editorial policy, how we make money and tell us about an error.

More loan provider comparisons

Axis Bank compared with other loan providers (16)
HDFC Bank compared with other loan providers (16)
IDFC FIRST Bank compared with other loan providers (14)
Head-to-head pages for these three loan providers (3)
Swap one loan provider (6)

Compare any two or three loan providers · Personal loans · Home loans · Vehicle loans

Frequently asked questions

Which is better: Axis Bank, HDFC Bank or IDFC FIRST Bank?

Axis Bank, HDFC Bank and IDFC FIRST Bank publish the same starting personal loan rate of 9.99%. For a car loan, HDFC Bank starts lowest (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank. The page also compares two-wheeler loans. A starting rate is the best case, not a typical offer, so confirm the annual percentage rate (APR) and total repayable amount in each loan provider's Key Fact Statement. Figures are as published on the loan providers' own websites and checked 12 October 2026. The better choice depends on your profile, the loan type, the amount and the fees in your offer letter.

IDFC FIRST Bank, HDFC Bank or Axis Bank: which should I pick for a loan?

Order does not change the comparison, so Axis Bank vs HDFC Bank vs IDFC FIRST Bank and IDFC FIRST Bank vs HDFC Bank vs Axis Bank are the same page. Start with the loan type you need: the sections above show each loan provider's published rate, fees, tenure and prepayment terms for it, and the lower starting rate is not always the lower total cost.

What is the personal loan processing fee at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Axis Bank: not published. HDFC Bank: not published. IDFC FIRST Bank: 0% to 3.5% of loan amount (incl. GST). Fees can change and GST is usually extra, so check the Key Fact Statement.

Which has the lower home loan interest rate: Axis Bank, HDFC Bank or IDFC FIRST Bank?

HDFC Bank has the lower published starting rate. Published starting rates: Axis Bank 8.20% and HDFC Bank 8% (checked 12 October 2026). Your actual rate depends on your credit profile and the loan provider's approval.

What is the home loan processing fee at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Axis Bank: not published. HDFC Bank: Salaried/self-employed professionals: up to 0.50% of loan or Rs 4,000 whichever is higher + taxes. IDFC FIRST Bank: Calculated on loan amount plus GST; percentage not stated. Fees can change and GST is usually extra, so check the Key Fact Statement.

What is the maximum home loan tenure at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Axis Bank: up to 30 years. HDFC Bank: up to 30 years or till retirement age, whichever is lower. IDFC FIRST Bank: up to 32 years salaried / 25 years self-employed.

How much personal loan can I get from Axis Bank, HDFC Bank and IDFC FIRST Bank?

Axis Bank: Up to Rs 50 lakhs. HDFC Bank: Up to Rs 50 Lakh. IDFC FIRST Bank: ₹50,000 to ₹15 lakh. The loan provider decides the final amount from your income, credit score and existing obligations.

What is the EMI on a ₹5 lakh personal loan at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Over 5 years at each loan provider's lowest published rate: Axis Bank about ₹10,621 a month at 9.99%; HDFC Bank about ₹10,621 a month at 9.99%; IDFC FIRST Bank about ₹10,621 a month at 9.99%. An illustration that leaves out fees, GST and insurance; your offered rate may be higher.

What is the EMI on a ₹50 lakh home loan at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Over 20 years at each loan provider's lowest published rate: Axis Bank about ₹42,446 a month at 8.20%; HDFC Bank about ₹41,822 a month at 8%. An illustration that leaves out fees, GST and insurance; your offered rate may be higher.

Can I prepay or foreclose a home loan early at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Axis Bank: not published. HDFC Bank: Floating-rate: nil (except business-purpose loans); fixed-rate: 2% + taxes unless prepaid from own sources. IDFC FIRST Bank: No foreclosure charges on floating-rate loans; floating-to-fixed switch 0.1% of sanctioned amount or ₹10,000, whichever…. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.

Which loans do Axis Bank, HDFC Bank and IDFC FIRST Bank publish rates for?

Axis Bank: personal loan, home loan. HDFC Bank: personal loan, home loan. IDFC FIRST Bank: personal loan, loan against property, business loan, education loan. Based on each loan provider's own website, checked 12 October 2026.

Which is better for a car loan: Axis Bank, HDFC Bank or IDFC FIRST Bank?

For a car loan, HDFC Bank starts lowest (7.60%) versus 8.90% at Axis Bank and 8.99% at IDFC FIRST Bank. See the full vehicle loan comparison for tenure, fees and EMI tables.

Are Axis Bank, HDFC Bank and IDFC FIRST Bank regulated by the RBI?

Axis Bank, HDFC Bank and IDFC FIRST Bank are banks regulated by the Reserve Bank of India (RBI). Check a loan provider's registration on the RBI website before you apply, and apply only through its official channels.

How do I compare Axis Bank, HDFC Bank and IDFC FIRST Bank on real cost, not just the rate?

Ask each loan provider for its Key Fact Statement, then compare three numbers: the APR, the total amount you repay and the fees charged upfront, such as processing fee, documentation charge and insurance. The loan with the lower APR and the lower total repayment is the cheaper one, even when its headline rate looks higher.

Does my credit score change the rate at Axis Bank, HDFC Bank and IDFC FIRST Bank?

Yes. Loan providers keep their lowest published rate for borrowers with a strong credit score, usually 750 and above, and steady income. A lower score or a short work history usually means a higher rate, a higher processing fee or a smaller loan amount.

Are the rates on this page the rate I will get?

No. They are the rates the loan providers publish, usually a range or a starting rate. Your approved rate depends on your credit score, income, loan amount, tenure and, for secured loans, the asset. Always read the Key Fact Statement before you sign.

Does KhatuLoans lend money or charge for this comparison?

KhatuLoans is not a loan provider. The loan provider decides approval, rate and terms. Our comparisons are free to read, and we are not paid by the loan providers named here to rank them. See how we make money on our advertiser disclosure page.

KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and eligibility change; always confirm with the loan provider. Read our editorial policy and how we make money.