Before you raise a loan, it is recommended to compare the interest rates charged by different lenders. You never know that a small difference of 1 percent could lead to a lot of savings.Here we list out the interest rates charged by different banks on personal loans.Notably, personal loans – being unsecured – charge a higher rate of interest. Typically, banks charge anywhere between 12-18 percent on personal loans based on credit score of borrower. No prizes for guessing that borrowers with a higher credit ...