Want to know the personal loan interest rates offered by Allahabad Bank? Well, all you need to do is just read this page. The bank offers different schemes under its personal loan segment. And, for your better understanding, below are the tables showing the interest rates of different schemes. So, take a look at the tables below to know more about Allahabad Bank Personal Loan Interest Rates.
Allahabad Bank Personal Loan Interest Rates 2025
Allahabad Bank New Saral Loan
| Particulars | Details |
|---|---|
| Interest Rates | 10.60% - 15.00% p.a. |
| Tenure | 5 Years |
| Loan Amount | ₹50,000-7.50 Lakh |
| Processing Fee | 1.22% of the Loan Amount, Minimum ₹1,068 |
| Prepayment Charges | 2.25% of the Principal Outstanding |
Personal Loan for Pensioners
| Particulars | Details |
|---|---|
| Interest Rates | 12.40% per annum |
| Tenure | 4 Years |
| Loan Amount | ₹25,000- 1/ 2 Lakh |
| Processing Fee | 1.22% of the Loan Amount, Minimum ₹1,068 |
| Prepayment Charges | 2.25% of the Principal Outstanding |
Personal Loan for Doctors/ Medical Practitioners
| Particulars | Details |
|---|---|
| Interest Rates | 10.60%-15.00% p.a. |
| Tenure | 5 Years |
| Loan Amount | ₹5 Lakh |
| Processing Fee | 1.06% of the Loan Amount, Minimum ₹1,068 |
| Prepayment Charges | 2.25% of the Principal Outstanding |
Allahabad Bank’s Base Rate (BR) is 9.70%
Allahabad Bank’s Benchmark Prime Lending Rate (BPLR) is 13.95%
Allahabad Bank’s Marginal Cost of Fund Based Lending Rate (MCLR)
| Tenor | Rate |
|---|---|
| Overnight MCLR | 8.15% |
| 1-Month MCLR | 8.35% |
| 3-Month MCLR | 8.50% |
| 6-Month MCLR | 8.70% |
| 1 Year MCLR | 8.85% |
| 2 Years MCLR | - |
| 3 Years MCLR | - |
Allahabad Bank Personal Loan Balance Transfer Interest Rate
Reduce your EMI and Interest burden by opting for a BT Facility offered by Allahabad Bank. If your existing lender is charging you a higher personal loan interest rate , you can go for a balance transfer in Allahabad Bank and can save a lot. Currently, the BT rate in Allahabad Bank is 11.75%-13.25% per annum.
