IndusInd Bank Personal Loan

IndusInd Bank Personal Loan Features

IndusInd Bank Personal Loan Eligibility Criteria Details
IndusInd Bank Personal Loan Interest Rate 9.75% p.a.
IndusInd Bank Personal Loan Lowest EMI per lakh Rs 2112
IndusInd Bank Personal Loan Tenure 12 to 60 months
IndusInd Bank Personal Loan Processing Fee 1% to 2% of Loan Amount
IndusInd Bank Personal Loan Prepayment Charges Allowed after 12 Months (2 – 4 %)
IndusInd Bank Personal Loan Part Payment Charges Allowed after 12 Months (2 – 4 %) 
IndusInd Bank Personal Loan Min Loan Amt ₹ 50,000
IndusInd Bank Personal Loan Max Loan Amt ₹ 75 Lakh

About IndusInd Bank Personal Loan

Get speedy loan approvals, documentation. Avail funds quickly and conveniently. Get a loan, whatever your need is: want funds for your wedding or to pay off your medical bills. No Hassel loans provided, if you need a personal loan, then we are there for you. Avail the Best Indusind Bank Personal Loan on Lowest Interest Rates.

Get The IndusInd Bank Personal Loan

  1. Loan amount Up to 30Lac*
  2. Loan Credited to your bank account in 72 Hrs.
  3. Cheapest interest@ 9.75%* rate for predictable monthly Payments
  4. Part pre-payment option available

IndusInd Bank Personal Loan Eligibility

  1. An Employee of Govt., Private Limited Company /institutions etc .with a minimum of 2 years services
  2. A self-employed person with a minimum of 3 years standing /experience
  3. A person having a regular source of income from verifiable like as Pension & interest from TDRs/Securities etc.
  4. Net monthly income must be Rs. 25000/-

Not everyone can apply for a personal loan, an applicant have to follow some eligibility criteria based on which bank approves the applicant’s request. There are two categories of applicants:

  1. Salaried
  2. Self-employed

There are various eligibility criteria for both applicants.

Salaried Applicant:

  1. The minimum required age of an applicant must be between 21 years to 60 years.
  2. A metropolitan city borrower should have a minimum income of Rs 18,000. And for the non-metropolitan city, the minimum salary should be Rs 12,000.
  3. The work experience of the borrower should be for three years, and the salary should be received in their account only.
  4. A person applying for a personal loan should have a good credit history.

Self-employed Applicant:

  1. The required age of a self-employed person should be of 25 years.
  2. The person should file ITR for the last three years, applying for a personal loan.
  3. An applicant must have a good credit score must, and there should not be any debt left due.
  4. The minimum amount should be of Rs 2.5 lakhs per annum at least.
  5. The business should be running for at least from the last three years if the applicant owns a business.

IndusInd Bank Personal Loan Documents Required

  1. Passport size Photograph
  2. Proof of official address for self-employed or professionals in which include Lease deed/Telephone Bill.
  3. Latest Salary Slip & From 16 in the case salary person ITR for the last 2 financial years, in the case of professionals etc.
* Interest rate can vary as per individual’s portfolio.
* All loans repayment period are over 6 months. No short term loans.
* Credit at sole discretion of the Banks we have a tie-up with.
* The Organisation do not charge money from customers.