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Personal Loan in Chennai — Rates from 10.5%

Compare 6+ lenders offering personal loans in Chennai, Tamil Nadu. Average loan amount: ₹2,00,000.

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Best Personal Loan Lenders in Chennai

These lenders actively serve Chennai with competitive rates and fast approvals.

H

HDFC Bank

bank
Rating
4.3/5

India's most trusted private bank for personal loans

Interest Rate
10.5% - 24%
Loan Amount
₹50,000 - ₹40,00,000
Min CIBIL
700+
Disbursal
24 hours
S

State Bank of India

bank
Rating
4.1/5

India's largest bank — trusted by millions

Interest Rate
11.05% - 14.56%
Loan Amount
₹25,000 - ₹20,00,000
Min CIBIL
650+
Disbursal
3-5 working days
I

ICICI Bank

bank
Rating
4.2/5

Fast digital approvals, competitive rates

Interest Rate
10.65% - 16%
Loan Amount
₹50,000 - ₹50,00,000
Min CIBIL
700+
Disbursal
24-48 hours
B

Bajaj Finserv

nbfc
Rating
4/5

India's most popular NBFC — instant approvals

Interest Rate
11% - 34%
Loan Amount
₹20,000 - ₹40,00,000
Min CIBIL
685+
Disbursal
24 hours
A

Axis Bank

bank
Rating
4.1/5

Digital-first banking with competitive rates

Interest Rate
10.49% - 22%
Loan Amount
₹50,000 - ₹15,00,000
Min CIBIL
700+
Disbursal
24-48 hours
F

Fullerton India

nbfc
Rating
3.9/5

Loans for self-employed and salaried both

Interest Rate
11.99% - 36%
Loan Amount
₹20,000 - ₹25,00,000
Min CIBIL
650+
Disbursal
24-48 hours

Personal Loans in Chennai — What You Need to Know

Chennai is South India's manufacturing and IT powerhouse. Personal loans here are popular among the city's large manufacturing workforce, IT employees, and traders.

The average personal loan amount in Chennai is ₹2,00,000, with interest rates starting from 10.5%. Top lenders here include HDFC Bank, State Bank of India, ICICI Bank, Bajaj Finserv, Axis Bank, Fullerton India.

Quick Comparison Table

LenderInterest RateMin CIBILMax AmountDisbursal
HDFC Bank10.5% - 24%700+₹40,00,00024 hours
State Bank of India11.05% - 14.56%650+₹20,00,0003-5 working days
ICICI Bank10.65% - 16%700+₹50,00,00024-48 hours
Bajaj Finserv11% - 34%685+₹40,00,00024 hours
Axis Bank10.49% - 22%700+₹15,00,00024-48 hours
Fullerton India11.99% - 36%650+₹25,00,00024-48 hours

Other Cities in Tamil Nadu

Personal Loans in Other Metros

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