List of Small Finance Bank Personal Loan in 2026
Find the best Small Finance Bank personal loans with low rates, fast disbursal, and minimal documents. Check interest rates, eligibility, and apply easily in 2026.
Anjali Singh
Assistant Manager
Looking for a quick, flexible, and reliable way to borrow? Small finance bank personal loans are becoming the top choice for salaried and self-employed individuals across India. With competitive rates, digital application processes, and easy eligibility, these banks are making personal finance accessible for everyone.
At My Mudra, we help you compare, choose, and apply for an instant personal loan in small finance bank — tailored to your needs, income, and location.
What Is a Small Finance Bank Personal Loan?
A small finance bank personal loan is an unsecured loan offered by specialized banks licensed by the RBI. These banks focus on serving individuals, small businesses, and underserved communities. Their personal loans are designed for quick approvals, minimal paperwork, and flexible repayment — perfect for emergencies, weddings, education, travel, or debt consolidation.
Why Choose a Personal Loan in Small Finance Bank?
- Lower interest rates than many NBFCs and fintech lenders
- Simple eligibility for both salaried and self-employed
- Minimal documentation and fast digital approval
- Flexible loan amounts from ₹20,000 up to ₹20 lakh or more
- Longer tenures (up to 7 years) with easy EMIs
- Personalized service with easy branch access
Top Small Finance Bank Personal Loan Options
Here’s a detailed list of leading banks, their features, and what makes them stand out:
1. AU Small Finance Bank Personal Loan
- Loan amount: up to ₹10 lakh
- Tenure: 12 to 60 months
- Interest rate: 11% - 30% p.a.
- Eligibility: Salaried, self-employed, professionals
- Key features: 100% digital process, instant approval, flexible repayment, pre-approved offers
- Apply: Online portal or AU Bank app
2. Ujjivan Small Finance Bank Personal Loan
- Loan amount: ₹51,000 to ₹3 lakh (micro individual loans)
- Tenure: up to 36 months
- Interest rate: 23% to 24.5% p.a.
- Eligibility: Salaried in government/private sector, self-employed, micro-entrepreneurs
- Key features: Quick approval, minimal documents, online application, EMI calculator, micro-loans for small needs
- Apply: Online or at the branch
3. Jana Small Finance Bank Personal Loan
- Loan amount: ₹26,000 to ₹1.5 lakh (agri-individual loan)
- Tenure: 12 to 36 months
- Interest rate: 21% - 28.75% (agri-individual loans)
- Eligibility: existing and new customers, residing in rural areas for the last two years
- Key features: Fast processing, simple documentation, doorstep service
- Apply: Online or at a branch
4. Equitas Small Finance Bank Personal Loan
- Loan amount: ₹2 lakh onwards
- Tenure: 12 to 60 months
- Interest rate: 10.49% to 15% p.a.
- Eligibility: Salaried individuals (private, government, PSU)
- Key features: Fully digital process, complimentary critical illness cover, EMI calculator
- Apply: Online application, quick disbursal
5. Utkarsh Small Finance Bank Personal Loan
- Loan amount: ₹1.5 lakh to ₹20 lakh
- Tenure: 12 to 84 months
- Interest rate: 14% to 23% p.a.
- Eligibility: Salaried in government/private/public sector, minimum net income ₹20,000/month
- Key features: Quick approval, easy EMIs, foreclosure allowed, NACH/SI for repayments
- Apply: Online or at select branches
6. Suryoday Small Finance Bank Personal Loan
- Loan amount: ₹50,000 to ₹2 lakh
- Tenure: 6 to 15 months
- Interest rate: 16% to 36% p.a. (moneyview)
- Eligibility: Salaried and self-employed individuals
- Key features: High value loan, transparent process, quick approval
- Apply: Online application, or can visit any of the 742 branches.
7. ESAF Small Finance Bank Personal Loan
- Loan amount: ₹50,000 to ₹ 5 lakh
- Tenure: 12 to 35 months
- Interest rate: 12.19% to 20% p.a.
- Eligibility: Salaried individuals and pensioners
- Key features: Pensioners getting a regular minimum monthly pension of 20K can also apply, micro-banking
- Apply: Online application or at a branch
8. Capital Small Finance Bank Personal Loan
- Loan amount: Up to ₹2 lakh for salaried, up to ₹1 lakh for self-employed; up to ₹5 lakh for doctors
- Tenure: 12 to 36 months
- Interest rate: Profile-based, competitive
- Eligibility: Salaried, self-employed, professionals with regular income
- Key features: Quick approval, minimal documents, flexible use
- Apply: Online or at the branch
9. Unity Small Finance Bank Personal Loan
- Loan amount: ₹1 lakh to ₹5 lakh
- Tenure: 12 to 36 months
- Interest rate: 16% to 24.75% p.a.
- Eligibility: Resident individual and Hindu Undivided Families
- Key features: 3 days cooling off period
- Apply: Online or at the branch
Small Finance Bank Personal Loan Interest Rate Quick Comparison
|
Bank |
Loan Amount |
Interest Rate (p.a.) |
Tenure |
Eligibility Highlights |
Core Focus |
|
AU Small Finance Bank |
Up to ₹10L |
15% - 30% |
12–60M |
Salaried, self-employed |
Retail & MSME Lending |
|
Ujjivan Small Finance Bank |
₹51K–₹3L |
11.49%–24.80% |
6–36M |
Salaried, self-employed, micro loans |
Microfinance & Retail |
|
Jana Small Finance Bank |
₹26K–₹1.5L |
21%–28.75% |
12–36M |
Rural customers |
Retail & Business Loans |
|
Equitas Small Finance Bank |
₹2L onwards |
10.49%–15% |
12–60M |
Salaried (private/govt/PSU) |
Inclusive Banking & Retail |
|
Utkarsh Small Finance Bank |
₹1.5L–₹20L |
11%–29.9% |
12–84M |
Salaried (min ₹20K/month) |
Rural & Semi-urban Banking |
|
Suryoday Small Finance Bank |
₹50K - ₹2L |
16% - 29% |
6-15M |
Salaried, self-employed (min ₹13.5K/month) |
Micro & Retail Banking |
|
ESAF Small Finance Bank |
₹50K - ₹5L |
10.56% - 20% |
12-35M |
Salaried, pensioner (min ₹20K/month) |
Microfinance Transition |
|
Capital Small Finance Bank |
Up to ₹2L/₹1L/₹5L |
11.50% -14.50% |
12-36M |
Salaried, self-employed, professionals |
Inclusive banking, MSME & rural banking |
|
Unity Small Finance Bank |
₹1L - ₹5L |
15.50%-30.00% |
12-26M |
Resident individuals and hindu undivided families |
Inclusive banking & MSME Lending |
Interest rates and amounts are indicative and may vary by profile, location, and bank policy.
Small Finance Bank Personal Loan Eligibility
While each bank sets its own rules, most require:
- Age: 21–60 years (sometimes up to 65)
- Minimum net monthly income: ₹15,000–₹25,000 (varies by bank)
- Stable job or business with at least 1 year of experience
- Good credit score (650+ preferred)
- Indian resident with valid KYC documents
How to Apply for a Small Finance Bank Personal Loan Online
1. Check eligibility: Use the bank’s website or the My Mudra platform.
2. Fill out the application: Enter your details and upload documents (Aadhaar, PAN, salary slips, bank statements).
3. Get instant approval: Many banks offer digital approval in minutes.
4. Disbursal: Funds are credited to your account, often within 24–48 hours.
Tip: Use My Mudra’s EMI calculator to plan your monthly payments before applying.
Personal Loan in Small Finance Bank for Salaried Individuals
Salaried applicants get special benefits:
- Lower income threshold than private banks
- Faster approvals for government, PSU, and corporate employees
- Pre-approved offers for existing customers
- Flexible repayment and part-prepayment options
Experience Fast, Flexible Personal Loans with My Mudra
At My Mudra, we help you compare and apply for the best small finance bank personal loan with instant eligibility checks, digital paperwork, and expert guidance. Whether you’re salaried or self-employed, get personalized offers, low interest rates, and quick disbursal.
Apply now and get your funds fast — no stress, no hidden charges.
Also Read:
- List of Government Banks in India (2026 Updated List)
- List of Private Sector Banks in India (2026 Updated List)
Frequently Asked Questions
Q1. What is the typical small finance bank personal loan interest rate?
Ans: Rates start from 10.49% p.a. and can go up to 26% or higher for micro loans, depending on your profile and the bank.
Q2. What is the eligibility for a small finance bank personal loan?
Ans: You must be 21–60 years old, have a stable income (₹15,000–₹25,000/month), and have a good credit score.
Q3. How do I apply for a small finance bank personal loan online?
Ans: Visit the bank’s website or My Mudra, fill out the form, upload documents, and get instant approval.
Q4. Can self-employed individuals apply?
Ans: Yes, almost all small finance banks offer personal loans to self-employed and professionals, with slightly different eligibility criteria.
Q5. What documents are needed?
Ans: Aadhaar, PAN, salary slips or income proof, bank statements, and a photo.
Q6. How quickly is the loan disbursed?
Ans: Most banks disburse funds within 24–48 hours of approval.
Q7. Are there special offers for salaried employees?
Ans: Yes, many banks have pre-approved offers and better rates for salaried and government employees.
Anjali Singh
Assistant Manager
Hey there, I'm Anjali Singh. With over 6 years of experience in finance, I specialize in creating content on banking, loans, and financial planning. My goal is to simplify complex financial topics and help readers make informed decisions through my articles.
