A good interest rate for a personal loan typically ranges from 10% to 12%.

The interest for 5 Lakhs loan in HDFC bank will depend on the loan tenure and the rate of interest. For instance, if the interest rate is 11% and the loan tenure is 3 years, then the total interest payable would be Rs. 89,297.96.

Credit history - Before a personal loan is approved, the bank or lender will evaluate your credit score to understand your creditworthiness. A credit score is a 3-digit number that showcases an individual’s credit history based on their repayment track record and other credit usage factors. The higher the credit score the better the chances of a lower interest rate on a personal loan.

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application

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Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

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