Personal Loans Among Top Keywords on Google Trends in India 2024

Personal Loans Among Top Keywords on Google Trends in India 2024 check here.

Personal Loans Among Top Keywords on Google Trends in India 2024

In the past month, ‘personal loans’ surged as a top keyword on Google Trends in India, leading to heightened interest in comparing the lowest interest rates from top banks and NBFCs.

In the past month, ‘personal loans’ emerged as a top trending keyword on Google Trends in India. Among the specific searches, prominent names like Piramal Capital & Housing Finance, DMI Finance Pvt Ltd, Kotak Mahindra Bank, Tata Capital, and Unity Bank stood out, alongside inquiries about PNB’s pre-approved personal loans. These banks and NBFCs seem to be attracting borrowers’ attention as they explore various personal loan products and terms. Personal Loans Among Top Keywords on Google Trends in India 2024

Image Source: Google Trends screenshot

The following players have featured prominently on Google Trends in India over the past month. In this write-up, we will examine and compare their personal loan interest rates. The data on interest rates is sourced from the official websites of the institutions listed below.

Image source: Google Trends screenshot

Piramal Finance personal loan

Piramal Finance offers personal loans starting at 12.99% p.a., with amounts up to Rs 10 lakh and repayment terms up to 5 years. The NBFC offers personal loans with minimal documentation and quick approval.

DMI Finance personal loan

DMI Finance offers personal loans starting at 12% p.a. with repayment tenures of up to 5 years. The entire application process is paperless and digital, with loans provided through their channel partners.

Kotak Mahindra Bank personal loan

Kotak Mahindra Bank offers personal loans up to Rs 40 lakh, starting at 10.99% p.a. with tenures of up to 6 years. The private sector bank provides quick disbursal, part-prepayment options, and simplified documentation for salaried borrowers, according to paisabazaar.com.

Tata Capital personal loan

Tata Capital Limited offers personal loans starting at 10.99% p.a. for amounts up to Rs 50 lakh, with tenures of up to 7 years. It provides fast loan processing and customized options, including pre-approved instant loans for select customers and small instant loans for salaried individuals.

Unity Small Finance Bank personal loan

Unity Small Finance Bank offers personal loans @ 12.00% p.a. onwards for loan amount of up to Rs 10 lakh and for tenures of up to 3 years.

PNB’s pre-approved personal loan

Punjab National Bank (PNB), one of India’s leading public sector banks, offers pre-approved personal loans at competitive rates. Customers can check their eligibility for these loans by using their customer ID, account number, or Aadhaar details on PNB’s website.

PNB offers personal loans up to Rs 20 lakh at rates starting from 10.40% p.a., with tenures of up to 7 years. For pensioners, the bank provides loans at 11.75% p.a. for up to 5 years, according to paisabazaar.com.

In conclusion, both banks and non-bank lenders offer competitive personal loan rates. Public sector banks often provide lower rates due to strict regulatory oversight and greater stability, which reduces default risk. In contrast, Personal Loans Among Top Keywords on Google Trends in India 2024 NBFCs may charge higher rates to cover their higher cost of funds. Thus, considering public sector banks can be a cost-effective choice for borrowers.

Check Latest News on CurrencyNet WorthSalaryWikipediaFinance and Latest trending News here.