Top Banks for Loans in India

The largest banks offer a range of loan products, competitive rates, and widespread service. Below is a short guide to help you evaluate lenders—not a ranking.

1. SBI — Wide branch network, competitive home loan products and government schemes.
2. HDFC Bank — Strong retail lending, quick processing, good digital services.
3. ICICI Bank — Large product range and aggressive personal loan offerings.
4. Axis Bank — Good for salaried personal loans and flexible repayment options.
5. Punjab National Bank — Public sector lender with varied loan schemes.
6. Bank of Baroda — Strong presence in home and auto loans with competitive rates.
7. Kotak Mahindra Bank — Rapid underwriting for personal loans and attractive offers.
8. IndusInd Bank — Focus on retail customers and digital onboarding.
9. IDFC First Bank — Competitive personal and home loan rates for middle-income customers.
10. Yes Bank — Offers niche products and competitive rates post restructuring.

When choosing a lender, compare the effective rate (including fees), processing time, prepayment rules, and customer service. Always check the latest offers directly on the bank’s site before applying.