Experience Unmatched Financial Flexibility with IndusInd Personal Loans
When life's challenges and opportunities knock on your door, you need a financial partner that understands your unique needs. At IndusInd, we offer Personal Loans Upto Rs. 5 Lakhs with hassle-free documentation, and speedy disbursal, ensuring you have the support you need when needed.
Why Choose IndusInd Personal Loans?
- Easy Documentation: We believe in keeping things simple. Get an instant personal loan with straightforward documentation, quick processing, and prompt disbursal.
- Flexi Personal Loan Tenure: Choose a comfortable loan tenure that suits you, ranging from 1 to 6 years, giving you the freedom to repay at your own pace.
- Best-in-Class Features: Our commitment to excellence ensures you enjoy doorstep service, low personal loan interest rates, no collateral requirements, and much more.
- No Collateral Needed: Worried about collateral? Rest easy, as our Personal Loans are unsecured, requiring no security to cover the loan.
- Minimal Documentation: We understand your time is valuable. Our application process only requires essential information, such as your income source and loan purpose.
- Tailor-Made Loans: At IndusInd, you're not just an application form. We offer a personalized approach to meet your unique financial needs.
- Experienced Partner: With years of industry experience, we understand your requirements and tailor our services accordingly. Your satisfaction is our success.
Features That Set Us Apart
- Multipurpose Personal Loan: No matter the occasion, we have the correct Personal Loan offering for you, whether for weddings, higher studies, travel, or any other purpose.
- No Collateral/Security: Our Personal Loans are unsecured, meaning you don't have to provide any collateral or security.
- Overdraft Facility: Need extra funds? Our Personal Loan Overdraft option allows you to withdraw funds up to an agreed limit, with interest charged only on the amount utilized.
- Zero Charges on Part Prepayment: You can part prepay up to 25% of the principal outstanding at any time after 12 months of availing a Personal Loan without penalty or additional fee. Part prepayment amounts over and above 25% will attract prepayment charges as applicable.
Transparent and Hassle-Free
- Flexible Loan Tenures: Choose from loan tenures ranging from 3 months to 60 months, allowing you to select a plan that suits your needs.
- 100% Transparency: Check interest rates, total repayment, and terms beforehand, leaving no room for doubt or surprises.
- Easy-to-Use App: Our app combines the power of human experience and technology to simplify lengthy processes with just a tap, making it convenient for you to manage your loan.
Quick Approvals & Disbursals
Our quick approvals and disbursals ensure that you get the financial support you need when you need it most.
Personal Loan Eligibility Criteria
To apply for an IndusInd Personal Loan, you need to meet the following criteria:
- Minimum Age: 21 years.
- Maximum Age at Loan Maturity: 60 years or retirement age, whichever is earlier.
- Minimum Net Monthly Income: Rs. 25,000 for personal loan online application.
- Work Experience: Minimum of two years in employment and minimum of one year in the current organization.
- Residential Stability: Minimum one year of stay at the current residence if rented.
Documents Required for Personal Loan
Getting an IndusInd Personal Loan is simple, with minimal documentation:
- Application: Application form with photograph.
- Proof of Identity: Self-attested photocopy of any one of the following: Driving license, Passport, Voter's ID, Aadhaar, PAN.
- KYC: Valid identity/residence/signature proof.
- Income Proof: Form 16/ITR for the last 3 years, latest 3 months' salary slip.
- Banking: Latest 3 months' salary credit bank statement.
Personal Loan Interest Rates & Charges
With IndusInd Bank, you can obtain personal loans at attractive rates, depending on your eligibility:
- Interest Rate – Q1 2023-24: Minimum 10.25%, Maximum 26.00%.
- Annual Percentage Rate (FY23-24): Minimum 10.25%, Maximum 32.02%.
- Processing Fee: Up to 3% of the loan amount.
- Low Interest Rate: Starting from 10.49%.
How to Apply for a Personal Loan Online
- Input your details.
- Receive the best offer for you.
- Let us know your details and loan requirements.
- Get money in your account.
- Sign the contract digitally for instant disbursement in your bank account.
- Complete the application, including V-KYC and auto-repayment setup.
Don't let financial constraints hold you back. Experience the ease and convenience of IndusInd Personal Loans. Apply now and embark on your financial journey!
Apply Now and Take Control of Your Financial Future with IndusInd Personal Loans!
