Following the Reserve Bank of India [RBI]’s rate cuts, interest rates for many personal loans have decreased. Get all the details in our developing news story, featuring standout offers, key factors to keep in mind, and more.
Overview of RBI’s recent rate cuts
The Reserve Bank of India [RBI] recently announced a rate cut of 1% [100 points]. As a result, personal loans have become cheaper. The aim of this deduction is to encourage consumer spending.
Standout personal loan offers for July 2025
Bank of Maharashtra: 9% per annum interest rate, processing fees of 1%.
Author: Anushka Singh
