HDFC vs Axis Personal Loan — Which is Better in 2026?
HDFC personal loan rate is 10.50% vs Axis at 10.50%. HDFC is cheaper — you save roughly ₹0/month on a ₹5L, 3-year loan. Apply with the lower-rate bank first; a hard inquiry from one bank does not affect your CIBIL score significantly.
Last updated: April 6, 2026
HDFC
10.50%
Interest rate p.a.
✓ Better dealAxis
10.50%
Interest rate p.a.
HDFC vs Axis Personal Loan — Detailed Comparison
| Feature | HDFC | Axis |
|---|---|---|
| Interest Rate | ✓10.50% | 10.50% |
| Processing Fee | 2.50% + GST | 1.50–2% + GST |
| Tenure | 12 months – 5 years | 12 months – 5 years |
| Eligibility | Salaried, 21-60 yrs, min net salary ₹25,000/month | Salaried, 21-60 yrs, min net salary ₹25,000/month |
Interest Rate
HDFC
10.50%
Axis
10.50%
Processing Fee
HDFC
2.50% + GST
Axis
1.50–2% + GST
Tenure
HDFC
12 months – 5 years
Axis
12 months – 5 years
Eligibility
HDFC
Salaried, 21-60 yrs, min net salary ₹25,000/month
Axis
Salaried, 21-60 yrs, min net salary ₹25,000/month
Verdict
HDFC wins on personal loan rate (10.50%) against Axis (10.50%). Personal loan rates are highly credit-score-dependent — a CIBIL score above 750 can get you 1-2% lower than the advertised rate. Compare the actual APR (which includes processing fees) rather than just the interest rate before signing.
Calculate Your Exact EMI
Compare HDFC vs Axis EMI for your exact loan amount and tenure
Calculate your EMI →Frequently Asked Questions
Which bank offers cheaper personal loan — HDFC or Axis?+
HDFC offers a lower rate. HDFC charges 10.50% p.a. while Axis charges 10.50% p.a. On a ₹5L loan for 3 years, the cheaper rate saves you roughly ₹0/month.
Does applying for a personal loan at HDFC and Axis simultaneously hurt my CIBIL score?+
Each hard inquiry reduces your CIBIL score by 5-10 points. Apply to one bank first; if rejected, apply elsewhere. Use eligibility checkers (soft inquiries) before applying to avoid multiple hard pulls.
What is the minimum salary required for a personal loan from HDFC?+
HDFC typically requires a minimum net monthly salary of Salaried, 21-60 yrs, min net salary ₹25,000/month. Requirements vary by city and employer category. Employees of PSUs and listed companies often get preferential rates.
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Disclaimer: Interest rates shown are indicative as of April 2026 and subject to change without notice. Actual rates depend on your credit score, income, and bank policy. This is for informational purposes only and does not constitute financial advice. Always verify rates with the bank before applying.