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Axis Bank vs HDFC Bank Personal Loan
Axis Bank and HDFC Bank advertise the same starting rate.
| Axis Bank | HDFC Bank | |
|---|---|---|
| Starting interest rate | 9.99% | 9.99% |
| EMI for ₹5 lakh, 3 years | ₹16,131 | ₹16,131 |
| Total interest | ₹80,725 | ₹80,725 |
| Processing fee | Up to 2% of the loan amount plus GST | Up to ₹6,500 plus GST |
| Prepayment | Not stated | Foreclosure charge 4% up to 24 EMIs, 3% from 25 to 36 EMIs, 2% after 36 EMIs |
| Maximum tenure | - | - |
Source: Axis Bank official page, checked 2 November 2026.
Source: HDFC Bank official page, checked 2 November 2026.
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Frequently asked questions
Which is cheaper, Axis Bank or HDFC Bank personal loan?
Axis Bank and HDFC Bank advertise the same starting rate. Your actual rate may differ from the starting rate.