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Personal Loan Interest Rates September 2026: Axis Bank, HDFC Bank, ICICI Bank And Others — Check Rates, EMIs
NDTV Profit 2 hrs ago·17 Sept 2026, 12:30 am
Major banks have lowered their personal loan interest rates in September 2026, with Axis Bank leading the pack at 8.75%. Other leading lenders, including HDFC Bank and ICICI Bank, have followed suit, offering rates starting from 9.99%. This reduction in borrowing costs is a welcome move for borrowers, potentially lowering monthly Equated Monthly Installments (EMIs) and making loans more affordable.
For investors, this shift signals a competitive environment in the retail lending space. A drop in interest rates can boost loan demand and improve the Net Interest Margin (NIM) for banks that can attract borrowers at lower costs. However, the impact on profitability will depend on how much of the rate cut is passed on to customers versus retained by the banks.
Investors should watch for updates on the volume of new loan disbursements and the overall asset quality in the retail portfolio. A sustained increase in loan demand could be a positive indicator for the bank's growth trajectory.
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Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns ICICI Bank (ICICIBANK).
- Category: Company.
- Also mentions AXISBANK, HDFCBANK.
Why it matters
A routine update for ICICI Bank. Use the price and stock snapshot to gauge how the market is responding.
