New Delhi, July 18 -- With the Reserve Bank of India (RBI) cutting the repo rate by 100 basis points, banks have followed suit and revised their interest rates -- albeit marginally. However, only a limited category of loans (home and car loans) saw a change, whereas personal loans continue to be disbursed at a fixed rate of interest.

In other words, if you have borrowed a personal loan at a particularrate of interest, it stays the same during the tenure of the loan.

Meanwhile, when you apply for apersonal loan, it is imperative to compare the interest rates charged by different lenders. Here, we list out the interest rates charged by most major banks including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, among others.

HDFC Bank: The lar...