IndusInd Bank Personal Loan

With affordable interest rates, IndusInd Bank offers personal loans. Additionally, IndusInd Bank provides paperless digital loan processing along with online, quick personal loan. IndusInd Bank with interest rates starting at 10.49% onwards. A maximum loan from Rs. 3 Lakhs to 75 Lakhs with a maximum 1 TO 50 years repayment period is available to you.

Interest Rate 10.49% onwards
Maximum Loan Rs. 3 Lakhs to 75 Lakhs
Processing Fees 3%
Maximum Loan Tenure 1 TO 50 years

Loan Disbursal in 3 hrs*
100% Online Process

A Four-Step Guide to Efficient Financing

Complete Your Basic Details
Check Your Soft Eligibilty
Complete Your Details
Get Disbursal in account

IndusInd Bank Personal Loan EMI Calculator



% Interest



Total Payable

Documents Required for Indusind Personal Loan 

These are the documents required for Indusind Bank Personal Loan and by submitting these documents you can the Indusind Bank loan details: 

1. A photo-accompanied, signed application

2. A copy of your passport, voter ID card, or licence

3. A recent three-month bank statement and six-month bank passbook

4. Required paperwork for salaried applicants:

  • most recent pay stub

  • the most recent Form 16 and a current wage certificate

5. Self-employed applicants' supporting documentation

  • modern bank statement

  • most recent ITR or Form 16

IndusInd Bank is the pioneer among India's new generation of private banks, having been founded in 1994. This reputable bank currently operates 800 branches and 1500 ATMs in India, and it plans to grow its branch network by exceeding international standards throughout the entire nation.

Interest rates for personal loans from IndusInd Bank begin at 10.49% annually. While the IndusInd Bank has not made public the different interest rates it charges for personal loan applicants based on their credit scores or other factors, lenders typically take the applicants' monthly income, employment history, credit score, and other factors into account when determining their personal loan interest rates.

Feature and benefit of Indusind Bank Personal Loan 

Here are the feature and benefit of Indusind Bank instant loan :

  • Availability flexible loan terms

  • With little physical paperwork required, quick loan processing, and prompt payment of the loan amount into your bank account, you can apply for a personal loan from IndusInd Bank.

  • For loan-related procedures, use the doorstep service.

  • Indusind Bank Personal Loan Interest rates that are competitive

  • Absence of collateral or guarantors

  • To pay off high interest debt, use the "Balance Transfer Option."

  • Flexible payment options such as ECS from any bank or account debiting through IndusInd Bank loan are available.

    Process of applying Indusind Bank Personal Loan 

    It is an easy and uncomplicated process for IndusInd Personal Loan online apply . You can use the procedures listed below:

      • Visit the official website .

      • Firstly , login with your name and number .

      • Then fulfill your employment type.

      • Verify OTP.

      • Upload all the documents and submit .

      • Last , you will get a call from the Fincrif team and help you to proceed next.

    Frequently Asked Questions ( FAQ ) 

    1. When is the personal loan from IndusInd Bank disbursed?

    ANS. As soon as the loan application and thorough verification are submitted, an IndusInd Bank personal loan is approved and disbursed. It can take an additional 1-2 days if the information is wrong. With quicker loan processing and disbursement, IndusInd Bank also provides pre-approved immediate personal loans to a restricted group of consumers.

    2. What credit rating are applicants required to have in order to qualify for an IndusInd Bank personal loan?

    ANS. No cutoff credit score has been established by IndusInd Bank for individuals seeking personal loans. However, obtaining a personal loan at increasingly lower interest rates is made more likely by credit scores of 750 and above.

    3. Can I pay off my personal loan early?

    ANS. Yes, subject to prepayment fees of 4% of the outstanding balance, prepayments are permitted after 12 EMIs have been paid.

Eligibility Criteria for Indusind Personal  Loan 

Indusind Bank Personal Loan eligibility firstly you must fulfill certain requirements .

Age: To be eligible for a loan, you must be at least 21 years old at the time of application and not older than 65 years old (for self-employed borrowers) or 60 years old (for salaried borrowers) when the loan is due.

Employment: Those who are salaried should have a steady source of income, whilst those who are self-employed need to have a successful business.

Income: To apply for a personal loan online, you must have a minimum net monthly income of Rs. 25000.

Creditworthiness: Your chances of getting a loan are increased by a high credit score. Your credit history is taken into account by IndusInd Bank when evaluating your loan application.

Fees and Charges of Indusind Personal Loan 

Prepayment ChargesSalaried: 4% of the principal outstanding after repayment of 12 EMIs. Self Employed: 4% of the principal outstanding after repayment of 6 EMIs
Payment Dishonor ChargesRs.450/- plus tax
Personal loan Duplicate Statement ChargeRs.250/- plus taxes per event
Cheque / ECS / SI Swapping ChargesRs.500/- plus taxes per event
Duplicate No Dues CertificateRs.250/- plus taxes per event
Duplicate Amortisation Schedule ChargeRs.250/- plus taxes per event
Loan Re-Booking / Rescheduling ChargesRs.1000/- plus taxes per event
Loan Cancellation ChargesRs.1000/- plus taxes per event
Charges for Photocopy of Agreement / DocumentsRs.250/- plus taxes per event
Penal ChargeRs.150/- plus taxes, Per EMI delay beyond 5 days
Legal ChargesAs per Actuals
Stamp DutyAs per State Laws
CIBIL ReportRs.50/- per instance per set + Taxes as applicable

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