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HDFC BankVSICICI Bank

HDFC Bank vs ICICI Bank Personal Loan

Detailed side-by-side comparison — rates, eligibility, pros & cons. Find which is better for your profile.

Feature
Interest Rate
10.5–24%
10.65–16%
Min CIBIL
700+
700+
Max Amount
₹40,00,000
₹50,00,000
Min Salary
₹25,000
₹25,000
Disbursal
24 hours
24-48 hours
Processing Fee
Up to 2.5%
Up to 2.25%
Prepayment
2-4% of outstanding
Nil after 12 months
Type
BANK
BANK

HDFC Bank wins on 1 features, ICICI Bank wins on 1. But the best lender for you depends on your salary and CIBIL — not just the specs.

HDFC Bank

Largest private bank — high trust
Competitive rates for 750+ CIBIL
Instant approval for existing customers
Strict CIBIL requirement (700+)
Higher rates for lower CIBIL

ICICI Bank

Instant approval for existing customers
iMobile app makes it seamless
Competitive rates
700+ CIBIL required
Higher processing fee

Frequently Asked Questions

Which is better — HDFC Bank or ICICI Bank for personal loan?
It depends on your profile. HDFC Bank offers rates from 10.5% (needs CIBIL 700+), while ICICI Bank starts at 10.65% (needs CIBIL 700+). GoCredit’s AI Loan Agent compares both and 50+ other lenders to find the best rate for your exact profile.
HDFC Bank vs ICICI Bank — which has a lower interest rate?
HDFC Bank has the lower starting rate at 10.5%. However, your actual rate depends on CIBIL score and salary. Check your personalised rate on GoCredit.
What is the minimum CIBIL score for HDFC Bank and ICICI Bank?
HDFC Bank requires 700+, ICICI Bank requires 700+. If your score doesn’t meet either threshold, GoCredit’s AI matches you with lenders that accept your current profile.
Should I apply to HDFC Bank or ICICI Bank?
Instead of choosing one, use GoCredit’s AI Loan Agent to apply to both simultaneously along with 50+ other lenders. You get the best offer without multiple applications and hard enquiries.

Why Compare Just 2?

GoCredit's AI Loan Agent compares 55+ lenders simultaneously and finds the absolute best rate for your exact profile — salary, CIBIL, and loan amount. One click, all offers.

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