An unsecured personal loan usually spreads an individual expense across monthly instalments. The advertised starting rate is only a product reference: the lender’s assessment decides whether it will lend and on what terms. Check affordability before choosing an amount.
Start with the expense and your monthly budget
Write down the amount the expense actually requires. After essential bills, existing repayments and a buffer for unexpected costs, decide what monthly payment you could sustain. Do not increase the requested amount simply because a product advertises a higher limit.
What to compare
Compare the same principal and tenure across quotes. A lower EMI can come from a longer, more expensive repayment period.
Read the annual percentage rate (APR), processing fee, applicable taxes and other deductions. Ask for the amount that will reach your account.
Check whether the quote is a standard term loan or a flexi product with a different charging and repayment structure.
Read the conditions for part-payment, early closure and missed payments in the lender’s written documents.
Repayment risks to consider
An unsecured loan still creates a repayment obligation. Late payments can add charges and affect your credit history. Borrowing again to meet an existing EMI can increase the total burden; compare the complete cost before considering any refinancing.
ORIGINAL SOURCES
Published product references
This selection contains 3 product records. Listing does not imply a partnership or endorsement. Records appear in catalog order; rates are published references, not offers made to you.
Aditya Birla Capital
Aditya Birla Capital Limited
Source checked
Published annual interest
10%–28% p.a.
Published APR
Not recorded; request the KFS
Published amount limit
Up to ₹50 lakh
Processing fee
Up to 4%; taxes may be additional
The displayed range is indicative. Exact tenure, taxes, stamp duty and other charges require a lender quote.
Eligibility and conditions
The published page describes salaried applicants aged 21–60; income, employment history and credit checks apply.
Charges to verify
Penal and prepayment charges depend on the loan variant. Read the schedule of charges and your Key Facts Statement.
Check the source-review date and current lender page, request your personalized Key Facts Statement, and compare the full repayment obligation. This site does not collect your application, determine eligibility or guarantee a rate. Public product information can change after the date recorded here.
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