With the start of this month, Hdfc Bank has increased its personal loans rates by .25-5% across all its categories in Personal loan market. Hdfc Bank is a leader in personal loan market and disburses about 750 crs a month.

With this rate hike,other Banks will follow the leader and increase the rates.

Unlike Home Loans where rates are floating, in Personal loan rates are fixed over the entire tenure of the loan .

So if one is looking for personal loan , customer should take it as early as possible before other banks increase rates.

rates should take it as early as possible before other banks increase  a month.