NRI Personal Loan Upto 10 Lakh*
Get an NRI personal loan in India at competitive interest rates. Enjoy quick approval, flexible tenure, and hassle-free processing to meet your financial needs.
What is NRI Personal Loan?
Personal Loan for NRI is a variant of Personal Loan offered exclusively for Non Resident Indians (NRIs). We understand the unique financial needs of Non-Resident Indians (NRIs), providing tailored solutions for a seamless and secure borrowing experience.
Interest rates from Popular Banks and NBFCs NRI
Comparison of Personal Loan Interest Rates of Banks (2025)
| Bank | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| DBS Bank | 10.99% – 30.00% | ₹25,000 to ₹15 Lakhs | 1%–3% + GST | 24–48 hrs | Apply |
| HDFC Bank | 10.90% – 24.00% | ₹50,000 to ₹40 Lakhs | Up to ₹6,500 + GST (~1–3%) | 24–48 hrs | Apply |
| Axis Bank | From ~11.25% | ₹50,000 to ₹15 Lakhs | 1.5%–2% + GST | 24–72 hrs | Apply |
| ICICI Bank | 10.80% – 16.65% | Up to ₹50 Lakhs | 0.5%–2% + GST | 24–48 hrs | Apply |
| Bank of Baroda | 10.49% – 18.75% | ₹30,000 to ₹20 Lakhs | Up to 2% + GST | 48–72 hrs | Apply |
| SBI | 10.30% – 15.30% | ₹10,000 to ₹35 Lakhs | Up to 1.5% + GST | 2–3 working days | Apply |
| IndusInd Bank | From 10.49% | ₹30,000 to ₹50 Lakhs | Up to 3.5% (2% online) + GST | 24–48 hrs | Apply |
| Yes Bank | 10.99% – 21% | ₹100,000 to ₹40 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| Standard Chartered | 11.49% – 17% | ₹1 Lakh to ₹50 Lakhs | Up to 2.25% + GST | 48–72 hrs | Apply |
| IDFC FIRST Bank | 9.99% – ~10.75% | ₹1 Lakh to ₹50 Lakhs | Up to 3.5% + GST | 24–48 hrs | Apply |
| Kotak Mahindra Bank | From 10.99% | ₹50,000 to ₹40 Lakhs | 1%–2.5% + GST | 24–48 hrs | Apply |
| Punjab National Bank | 11.50% – 17.05% | Up to ₹20 Lakhs | Up to 1% + GST | 2–3 days | Apply |
| Bandhan Bank | 10.50% – 12.55% | ₹50,000 to ₹25 Lakhs | Up to 3% + GST | 48–72 hrs | Apply |
Comparison of Personal Loan Interest Rates of NBFCs (2025)
| NBFC | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | 2%–3% + GST | 24–72 hrs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| InCred | From 18% | Up to ₹10 Lakhs | 2%–4% + GST | Instant to 24 hrs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Up to 3% + GST | 24–48 hrs | Apply |
| Poonawalla Fincorp | From 9.99% | Up to ₹30 Lakhs | 1%–2% + GST | 24–72 hrs | Apply |
| Fullerton India | From 11.99% | Up to ₹25 Lakhs | Up to 3% + GST | 1–2 working days | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Up to 2.5% + GST | 1–2 days | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Aditya Birla Finance | From 11.99% | Up to ₹50 Lakhs | Up to 2.5% + GST | 48–72 hrs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Up to 4% + GST | 24–72 hrs | Apply |
Key Features of NRI Personal Loans
| Feature | Details |
|---|---|
| Loan Amount | Usually ranges from INR 1 lakh to INR 10 lakhs, depending on eligibility |
| Interest Rate | Ranges from 10% to 20%, typically higher than domestic personal loans |
| Loan Tenure | Generally 1 to 5 years (some lenders may offer longer tenures) |
| Processing Fee | Typically 1% to 3% of the loan amount |
| Repayment | Through NRO account or via post-dated cheques |
| Collateral | Mostly unsecured; no collateral required |
Eligibility Criteria of Personal Loan for NRIs
| Eligibility Criteria | Details |
|---|---|
| Age | Typically 21 to 60 years (varies by lender) |
| Employment Status | Salaried or self-employed abroad |
| Minimum Income Requirement | Usually ₹20,000 to ₹30,000 per month or foreign equivalent |
| Work Experience | Minimum 1–3 years abroad; at least 1 year with current employer |
| Type of Employment | Working with reputed organizations overseas |
| Residency Status | Must be an NRI with a valid Indian passport |
| Co-applicant | May require a close relative in India as co-applicant or guarantor |
| Minimum Loan Amount | Usually starts from ₹1 lakh |
| Maximum Loan Amount | Can go up to ₹10 lakh or more, based on eligibility |
| Credit Score | Good credit score needed (in India and/or foreign country) |
| Bank Account | NRE/NRO account with the lending bank may be required |
| Power of Attorney (POA) | Resident Indian POA holder required for documentation |
Why apply for Personal Loan for NRI at Fincover?
- Swift Approval: Need cash in a hurry? Our super fast approval process ensures you access to funds at the time you need
- Flexible Repayment Plans. Our flexible repayment plans would ensure that your EMI commitments are structured to your budget
- Competitive Interest Rates: We believe in fair deals. Get the best deals on personal loan for NRI interest rates in the market
- No Hidden Charges: Transparency is deeply embedded in our goal. No surprises, no hidden fees. Just pay according to the terms of the loan
- Quick Disbursal: Once approved, we would ensure you your funds at the shortest time possible
Unlock Extensive Financial Opportunities Abroad with NRI Personal Loans
Seize financial freedom worldwide with our NRI personal loans and breathe life into your dreams
