✅ Updated: 4 November 2026 · Reviewed by Kotadiya Enterprise, Surat
Key takeaways
- There is no single best lender – compare APR and total cost.
- Verify the lender is a bank or RBI-registered NBFC.
- Choose an EMI you can pay comfortably.
Popular personal loan options
| Bajaj Finserv | NBFC (Bajaj Finance Ltd.) |
| Tata Capital | NBFC |
| Poonawalla Fincorp | NBFC |
| Navi | NBFC |
| Piramal Finance | Lending company of the Piramal group |
| Privo | Credit Saison India (NBFC) |
| lendingplate | Unifinz Capital India Ltd (NBFC) |
| Moneyview | Platform – loans via partner lenders |
| KreditBee | Platform – loans via partner lenders |
| Stashfin | Akara Capital Advisors (NBFC) + partners |
Order is not a ranking. Names are used only to identify the products.
How to choose
- Compare APR, not just the interest rate.
- Check processing fee and foreclosure charges.
- Confirm the lender is a bank or RBI-registered NBFC.
- Check the app is in RBI’s list of digital lending apps.
- Pick an EMI you can pay easily every month.
- Apply only on the lender’s official app or website.
- Never pay any ‘file charge’ or advance fee before the lender sanctions your loan.
- Never share OTP, PIN, password or CVV.
- Read the Key Facts Statement (KFS) – it shows APR and all charges.
🤝 Need help choosing? Compare these lenders side by side and calculate your EMI.
Frequently asked questions
Which is the best personal loan company?
It depends on your profile. Compare offers using APR and total cost.
Are NBFC loans safe?
Loans from RBI-registered NBFCs are regulated. Always verify the lender.
Bank or NBFC – which is better?
Banks may offer lower rates to strong profiles; NBFCs may be more flexible. Compare both.
Bank or NBFC?
Banks may offer lower rates to strong profiles; NBFCs may be more flexible. Compare both.
Sources
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Compare options →WhatsApp UsDisclaimer: Kotadiya Enterprise is an independent loan advisory and assistance service provider, not a bank or NBFC. Loan approval and disbursement are subject to the respective lender’s eligibility criteria, credit assessment and internal policies. We do not guarantee loan approval. Details in this article are for general information, were last reviewed on 4 November 2026, and may change – please confirm on the lender’s official website and KFS before applying. Names of companies are used only to identify their products. We may receive referral compensation if you apply through partner links. *T&C Apply.