IndusInd Bank Personal Loan

IndusInd Bank offers personal loans at attractive interest rates for various needs. You can get instant online loans with fast processing and approval. The loan amount can go up to Rs. 50 lakh, with interest rates starting from 10.49% per year. There's a processing fee of up to 3.5% of the loan amount, and the approval and disbursal process is quick.

IndusInd Bank
Loans Upto Rs. 5 Lakhs.
100% Paperless Approval
✔
Loan Amount
Up to ₹50L
Interest Rate
10.49%
Tenure
5 Years
Processing Fee
Fee:Up to 3.00%
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Fees & Eligibility
Fees & Charges
  • The pre-closure fee is 4% of the remaining loan amount (plus applicable taxes).
Eligibility Criteria
  • Salaried individuals must be between 23 and 58 years old
  • Self-employed individuals must be between 28 and 68 years old
  • Salaried individuals need at least 2 years of total work experience, with 1 year in the current company
  • Self-employed individuals must have at least 5 years of experience after relevant qualification
Documents
  • KYC - PAN, address & ID proof
Features
What you'll love
  • Pre-qualified offer with no income documents needed
  • Complete KYC online via a video call with a bank representative
  • Fast approval and flexible loan tenure
  • No guarantor required
  • Pre-closure option available
Loan Benefits
- Flexible loan tenures available
- Easy personal loan with minimal documentation
- Fast loan processing and quick disbursal to your bank account
- Doorstep service for loan-related processes
- Competitive interest rates
- No need for guarantors or collateral
- Use Balance Transfer Option to reduce high-interest debt
- Flexible repayment options through ECS from any bank or IndusInd Bank account debit
Proof of identity
Aadhaar Card/Passport/Voter ID/Driving License
Proof of address
Aadhaar Card, Driving License, Passport, or Voter ID Card
Other documents
- Signed application form with a photograph
- Last 3 months' bank statement or 6 months' passbook
- For salaried applicants: Latest salary slip, current salary certificate, and latest Form 16
- For self-employed applicants: Latest bank statement, ITR or Form 16
Fees and Charges for this Personal Loan
Prepayment Charges
  • Salaried: 4% of the principal outstanding after 12 EMIs.
  • Self Employed: 4% of the principal outstanding after 6 EMIs.
Payment Dishonor ChargesRs.450/- plus tax
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 Amortization 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