Unity Small Finance Bank
Unity SFB Personal Loan
A bank-issued unsecured loan of ₹1–5 lakh over 6–36 months at a published 16–30% a year, with a 4% charge to prepay or foreclose.
- 16% to 30% a year
- ₹1 lakh to ₹5 lakh
Rates and charges
- Interest rate
- 16% to 30% a year
- Processing fee
- Up to 4% of the loan amount + GST (bank's own personal loans); up to 5% + GST for loans made through digital lending partners
- Foreclosure
- 4% + GST of principal outstanding (bank's own personal loans); up to 3% + GST on digital-lending personal loans. Nil cancellation charge within the cooling-off period, but interest and upfront fees are kept
- Part-prepayment
- 4% + GST of the principal being repaid
What ₹1,00,000 for 12 months would cost
| At | EMI | Interest | Fee + GST | Total cost |
|---|---|---|---|---|
| Lowest rate (16%) | ₹9,073 | ₹8,877 | ₹4,720 | ₹13,597 |
| Highest rate (30%) | ₹9,749 | ₹16,985 | ₹4,720 | ₹21,705 |
Uses the highest published processing fee (4%) plus 18% GST. Try your own numbers in the EMI calculator.
Loan terms and eligibility
- Loan amount
- ₹1 lakh to ₹5 lakh
- Tenure
- 6 months to 3 years
- Who can apply
- Salaried and Self-employed
- Minimum income
- Not published
- Age
- Not published
- Disbursal (lender's claim)
- Approval and disbursal in under 15 minutes
- Who lends
- Unity Small Finance Bank itself
- RBI digital lending apps directory
- Listed (as reported by the lender)
Apply with Unity Small Finance Bank
Apply nowVia our referral partner. We may earn a commission.CreditParakh is not a bank or lender and doesn't guarantee approval. Approval is at the bank's or lender's discretion. The lender decides your rate, amount and approval.
Work out your EMI with Unity Small Finance Bank's rates
Prefilled with Unity Small Finance Bank's lowest published rate and its highest published processing fee (4%). Change any number to match your offer.
Your loan
- Monthly EMI
- ₹9,073
- Total interest
- ₹8,877
- Processing fee + 18% GST
- ₹4,720
- Total cost of the loan
- ₹13,597
- Effective annual cost
- 25.37%
- Money in hand
- ₹95,280
- You pay back in 1 yr
- ₹1,13,597
Total cost = interest + processing fee + GST. Effective annual cost is the yearly rate you really pay on the money in hand, the way lenders work out the APR in a Key Fact Statement.
Same loan, different tenures
| Tenure | EMI | Total interest | Total cost (incl. fee + GST) | Effective annual cost |
|---|---|---|---|---|
| 12 months (yours) | ₹9,073 | ₹8,877 | ₹13,597 | 25.37% |
| 24 months | ₹4,896 | ₹17,511 | ₹22,231 | 21.01% |
| 36 months | ₹3,516 | ₹26,565 | ₹31,285 | 19.48% |
| 48 months | ₹2,834 | ₹36,033 | ₹40,753 | 18.70% |
| 60 months | ₹2,432 | ₹45,908 | ₹50,628 | 18.24% |
A longer tenure lowers the EMI but raises the total interest. A fixed fee costs more per year on a short loan.
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Questions people ask
What interest rate does Unity SFB Personal Loan charge?
Unity Small Finance Bank publishes 16% to 30% a year. The rate you're offered depends on your credit score, income and the lender's own checks, and is usually above the starting rate.
What is Unity Small Finance Bank's processing fee?
Up to 4% of the loan amount + GST (bank's own personal loans); up to 5% + GST for loans made through digital lending partners. GST at 18% is added to the fee.
Who actually gives the loan?
Unity Small Finance Bank lends from its own books; it is a small finance bank regulated by the RBI.
Is Unity Small Finance Bank registered with RBI?
The Unity Small Finance Bank APP app is listed in RBI's directory of digital lending apps, as reported by Unity Small Finance Bank Limited. The directory shows what lenders report; RBI doesn't vouch for the app. Unity Small Finance Bank is regulated by RBI as a small finance bank.
Can I close or prepay a Unity Small Finance Bank loan early?
Closing early: 4% + GST of principal outstanding (bank's own personal loans); up to 3% + GST on digital-lending personal loans. Nil cancellation charge within the cooling-off period, but interest and upfront fees are kept. Part-prepayment: 4% + GST of the principal being repaid.
Who can apply for a Unity Small Finance Bank personal loan?
Salaried and self-employed applicants. Approval is at the lender's discretion.
How much does a ₹1,00,000 loan from Unity Small Finance Bank cost?
Over 12 months at the lowest published rate, about ₹13,597 in interest and fees (a 4% processing fee plus GST); at the highest published rate, about ₹21,705. Your EMI depends on the rate you're offered.
Related guides
- True Cost of a Personal Loan: Fees and APRWhat a personal loan really costs: flat vs reducing rate, processing fee and GST, APR in the Key Fact Statement, foreclosure and penal charges.
- CIBIL Score: Check Free, Improve in 90 DaysCheck your CIBIL score free with one full report a year from each bureau, dispute errors yourself, and build a better score with a 90-day checklist.
- True cost of a ₹1 lakh loan at every lenderInterest, processing fee and GST, side by side
Last verified 18 Oct 2026 on Unity Small Finance Bank's official page. Rates and fees change; check the lender's terms before you apply.