Do you know that banks are now giving personal loans at low interest, know

Personal loans prove to be very useful for people in times of need. However, due to the high interest rate, a large number of people avoid taking this type of loan. In this article, we are going to talk about some such things, which will help a lot while taking a personal loan. Along with this, we will also tell you about some such banks, which provide good loans at low interest rates.
Keep these things in mind for personal loan
If you are facing a situation of taking a personal loan at the time of need, then for that you have to keep some things ready. This includes CIBIL score and your salary. If your CIBIL score is more than 750, then you can easily take a loan and the interest will also be reasonable. On the other hand, if your CIBIL score is low or you want to take a loan more than your capacity, then banks can charge you the desired interest rate for this. Due to this, somewhere you will be harmed.
These banks charge the lowest interest rates
Higher interest rates are charged on personal loans as compared to other loans. In such a situation, while taking a personal loan, you face the challenge of finding a bank that gives you the loan at the lowest interest rate. Topping our list is Union Bank of India which offers personal loans at an interest rate of 9.30 to 13.40 to its customers.
Whereas, Bank of Maharashtra 10 to 12.80 percent, Indian Bank 10 to 11.40 percent, Bank of India 10.25 to 14.75 percent, Axis Bank 10.49 to 22 percent, IDFC First Bank 10.49 to 24 percent, HDFC Bank 10.50 to 24 percent, ICICI Bank 10.50 to 16 percent, Canara Bank 10.65 to 16 per cent. 25 percent, Bank of Baroda 10.90 to 18.25 percent, Kotak Mahindra Bank 10.99 to 24 percent and State Bank of India provide personal loans at 11 to 14 percent interest rates.