Mumbai, Maharashtra

Personal Loans in Mumbai

Compare top lenders serving Mumbai. Get rates starting at 11.2% with disbursal in 32h.

₹4.8L

Avg Loan Amount

11.2%

Starting Rate

32h

Avg Disbursal

₹75K

Median Income

Mumbai Loan Market Insight

Finance & tech hub — salaried applicants get best rates from PSU banks.

Borrower Profile in Mumbai

Salaried68%
Self-employed22%
Freelancer10%
City Population2.1 Cr
Median Monthly Income₹75K
Avg Loan Amount₹4.8L
Approval Rate68%

Top Lenders in Mumbai

H

HDFC Bank

#1 in Mumbai

Private Sector Bank

10.5%+

Rate p.a.

24 hours

Disbursal

No collateral required
Instant e-approval
Apply Now
I

ICICI Bank

Private Sector Bank

10.8%+

Rate p.a.

Same day

Disbursal

Pre-approved offers
Zero hidden charges
Apply Now
D

IDFC First Bank

Private Sector Bank

10.49%+

Rate p.a.

1-2 days

Disbursal

Low starting interest rate
No foreclosure charges
Apply Now

Explore Other Cities

Delhi NCRfrom 11.5%Bangalorefrom 11.0%Hyderabadfrom 11.3%Punefrom 11.6%Chennaifrom 11.8%Kolkatafrom 12.2%Ahmedabadfrom 12.0%

Mumbai Personal Loan FAQ

Rates in Mumbai currently start from 11.2% per annum among SafeBorrow's partner lenders, though your actual rate depends on your CIBIL score and income.

Average disbursal time for applicants in Mumbai is 32h after document verification, though this varies by lender and how quickly you complete KYC.

HDFC Bank, ICICI Bank, IDFC First Bank are among the most active lenders for applicants based in Mumbai.

No — the entire application, from eligibility check to disbursal, can be completed online. Some lenders offer optional in-branch support if you prefer it.

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