Which Banks Offer Zero Processing Fee on Personal Loans in 2026?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓IDFC FIRST Bank, IndusInd Bank, and Bank of Baroda offer zero processing fees on personal loans under specific conditions in 2026.
- ✓IDFC FIRST Bank provides this waiver through its Grand Savings Carnival.
- ✓Borrowers should check if they qualify for these limited-period promotions, as banks often charge fees for other customers.
Story at a Glance
- Category
- Indian Markets
- Reported By
- MoneyControl
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Introduction A personal loan can help cover medical expenses, home repairs, education costs or other planned needs. However, processing fees reduce the amount received after approval. In 2026, some lenders offer zero-fee promotions, while others charge a percentage of the loan amount. Comparing current offers, interest rates and other charges helps identify a suitable option. What is a zero-processing-fee personal loan? A zero processing fee personal loan is one where the lender waives the processing charge for evaluating and processing your loan application. For example, a 2% fee on a ₹3 lakh loan is ₹6,000.
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