IndusInd Bank - Personal Loan
Features
- Avail loans ranging from ₹30,000 up to ₹5 lakh, catering to diverse financial needs.
- Choose a repayment period between 12 to 48 months, aligning with your financial comfort.
- Enjoy attractive interest rates starting from 10.49% per annum.
- Experience a seamless application process with 100% digital application.
- No Collateral or Guarantors Required
APPLY FOR PERSONAL LOAN
Eligibility
Personal Loan Eligibility for Salaried Employees
- Minimum age to apply for personal loan should be 21 years.
- Maximum age at personal loan maturity should be 60 years or retirement age whichever is earlier.
- Minimum net monthly income should be Rs.25000 for personal loan online application.
- Should have completed minimum 2 years in employment and minimum 1 year in the current organisation.
- Should have completed minimum 1 year of stay at the current residence, if rented.
- Should have good CIBIL score, preferably 730 or above.
Personal Loan Eligibility for Self Employed Professionals
- Minimum age to apply for personal loan should be 25 years
- Maximum age at loan maturity should be 65 years
- Minimum annual net income post tax should be Rs.4.8 lakh
- Should have 4 years of post qualification experience
Documents required for Online Personal Loan
- No physical documentation is required for online personal loan
- Keep your PAN number and Aadhaar number handy to get started with your online personal loan application
| Feature | Instant Personal Loan | Regular Personal Loan |
|---|---|---|
| Approval Time | In-principle approval within minutes | Typically takes 2 – 4 days |
| Disbursal Time | Immediate upon approval | After completion of verification processes |
| Documentation | Minimal; requires only PAN and Aadhaar details, no physical documentation needed | Comprehensive documentation including income proof and banking proof |
| Loan Amount | Up to ₹5 lakh | Up to ₹50 lakh (Click here to Apply) |
| Interest Rates | Starting from 10.49% p.a. | Starting from 10.49% p.a. |
| Tenure | 12 to 48 months | 12 to 84 months |
