Personal loan

Diwali Personal Loan Offer 2025 – Complete Guide to Instant Festive Loans in India

Published

1 week ago

October 4, 2025

Diwali Personal Loan Offers: Diwali is not just a festival of lights in India — it’s also the biggest shopping and spending season of the year. From buying gold and home appliances to renovating houses and gifting loved ones, expenses shoot up rapidly during this period.

To manage this sudden financial need without disturbing savings, many people prefer taking personal loans. In 2025, leading banks, NBFCs, and instant loan apps have launched special Diwali personal loan offers with:

✅ Lower interest rates
✅ Zero or minimal processing fees
✅ Instant approval & quick disbursal
✅ Pre-approved festive offers

In this article, we’ll cover everything you need to know about Diwali Personal Loan Offer 2025 — including best banks, loan apps, eligibility, documents, tips, and FAQs.

Top Banks Offering Diwali Personal Loan Offers 2025

During the festive season, almost every major bank in India rolls out special limited-period loan schemes. Here’s a look at the top banks and their Diwali offers:

Bank Name	Interest Rate (p.a.)	Loan Amount	Special Diwali Offer	Processing Fee
SBI (State Bank of India)	10.10% – 13.85%	₹50,000 – ₹20 lakh	Pre-approved festive loan with no collateral	₹0 (limited period)
HDFC Bank	10.5% – 18%	₹50,000 – ₹40 lakh	Flat ₹2,000 cashback + instant disbursal in 10 sec	₹0 – ₹4,999
ICICI Bank	10.65% onwards	₹25,000 – ₹25 lakh	No pre-closure charges on festive loans	₹0 – ₹2,999
Axis Bank	10.49% onwards	₹50,000 – ₹15 lakh	Extra 1% interest discount for existing customers	₹0 – ₹2,500
PNB (Punjab National Bank)	11.15% onwards	₹25,000 – ₹20 lakh	Special festive interest rate for salaried people	₹0 – ₹1,000

💡 Pro Tip: If you already have a salary or savings account in any of these banks, you may get pre-approved Diwali personal loan offers through net banking or SMS.

Best Loan Apps for Instant Diwali Personal Loan 2025

Apart from banks, instant loan apps are becoming extremely popular during the festive season, especially for those who don’t have salary slips or want smaller loans quickly.

Loan App	Max Loan	Disbursal Time	Special Festive Feature	CIBIL Required?
KreditBee	₹3 lakh	Within 10 minutes	Cashback on festive loans	Not mandatory
Bajaj Finserv App	₹25 lakh	Same-day	Flat processing fee waiver	Yes
LazyPay	₹1 lakh	Instant	Zero-interest EMI for 15 days	No
True Balance	₹50,000	5 mins	Fast KYC + festive coupon codes	No
MoneyTap	₹5 lakh	4–24 hrs	Flexible credit line for shopping	Yes

These apps require minimum documentation, often just PAN, Aadhaar, and a bank statement. For Diwali 2025, many are also offering cashback, lower EMIs, and zero processing charges.

Eligibility Criteria for Diwali Personal Loan

Before applying, make sure you meet the basic eligibility criteria. Most banks & apps follow similar requirements:

✅ Age: 21 to 60 years
✅ Nationality: Indian resident
✅ Income: Minimum 15,000 – 25,000 INR/month (varies by lender)
✅ Employment: Salaried / Self-employed
✅ Credit Score: 650+ preferred (but some apps accept lower too)
✅ Bank Account: Active with salary credits or income proof

💡 If you have a good CIBIL score, you may get pre-approved offers at lowest interest rates.

Required Documents for Diwali Personal loan

Most Diwali personal loan offers involve minimal paperwork. Keep the following handy:

🪪 KYC Documents – PAN Card & Aadhaar Card
🧾 Income Proof – Salary slips / bank statement / ITR
🏠 Address Proof – Utility bill / rent agreement
📸 Selfie or photograph for app-based loans

👉 Some fintech lenders offer “loan without salary slip” by checking your bank statement or alternative data.

Benefits of Taking a Diwali Personal Loan

💰 Quick Access to Funds: Most festive loans are approved within hours.
🏠 No Collateral: Personal loans are unsecured.
📉 Lower Festive Interest Rates: Banks compete to attract customers during Diwali.
🛍️ Shopping Freedom: Use funds for any purpose — renovation, travel, gifts, gadgets, or weddings.
🧾 Easy Repayment Options: Choose EMIs from 12 to 60 months.
🧲 Pre-approved Offers: Existing bank customers get faster approvals.

Diwali Personal Loan Apply Online in 2025

Compare Offers – Visit 2–3 bank/app websites and check festive schemes.
Check Eligibility – Use online loan calculators or eligibility tools.
Fill Application – Provide personal + employment + income details.
Upload Documents – KYC & income proof.
Get Approval – Instant or within 24 hours.
Disbursal – Funds directly credited to your bank account.

👉 For loan apps, the process is even faster — usually takes 5 to 15 minutes.

Smart Tips to Get the Best Festive Loan Deal

📈 Improve Your Credit Score before applying (if possible).
🏦 Apply with your existing bank for better rates and instant approval.
💬 Negotiate processing fees — many waive it during Diwali.
📑 Avoid multiple applications simultaneously, it can hurt your credit score.
🛑 Read all terms carefully to avoid hidden charges.

FAQs on Diwali Personal Loan Offer 2025

Q1. Can I get a Diwali personal loan without income proof?
👉 Yes. Some apps and NBFCs provide loans using only bank statements or alternative verification.

Q2. What is the maximum loan amount during festive offers?
👉 It can range from 25,000 to 40 lakh INR depending on your eligibility and lender.

Q3. Are festive loan offers available for self-employed individuals?
👉 Yes. Most banks and apps provide personal loans to self-employed individuals too.

Q4. How long do Diwali loan offers remain valid?
👉 Typically from early October till mid-November. But pre-approved offers may last longer.

Q5. Will taking a festive loan affect my CIBIL score?
👉 Yes, every loan is reported to credit bureaus. Timely repayment improves your score.

Conclusion: Diwali Personal Loan 2025

Diwali Personal Loan Offers 2025 present an excellent opportunity to meet your festive expenses without breaking savings. With low interest rates, zero processing fees, and quick approvals, these festive loans are designed to make your celebrations brighter and stress-free.

Whether you prefer traditional banks like SBI, HDFC, or modern loan apps like KreditBee & LazyPay, comparing offers smartly can help you get the best deal in minutes.

So, if you’re planning home renovation, travel, or shopping this festive season, explore these offers early — because festive loan deals are often time-bound.