IndusInd Bank 10 Lakh Personal Loan

IndusInd Bank offers collateral-free personal loans @ 10.35% p.a. onwards with instant loan approval and quick disbursal. The loan process is completely digital with zero documentation. Prospective borrowers can visit Paisabazaar app to apply for IndusInd Bank Personal Loan of Rs 10 lakh. They can also compare the interest rates and pre-approved offers by IndusInd Bank with other lenders on Paisabazaar app.

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto 25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Interest Rates Charged by IndusInd Bank on 10 Lakh Personal Loan

IndusInd Bank offers personal loan interest rates starting from 10.35% p.a. onwards. The interest rates set by the lender usually depend on the credit profile of the applicants. The interest range of IndusInd Bank Personal Loan is given below:

Minimum Interest Rate 10.35% p.a.
Maximum Interest Rate 16.50% p.a.

IndusInd Bank 10 Lakh Personal Loan- Fees and Charges

  • Processing Charges- 1.3%-2%
  • Foreclosure Charges- 5% of outstanding principal (after payment of 1st EMI up to 11 EMIs); 4% of outstanding principal (after 12 EMIs)
  • Penal Charges- 24% p.a.
  • Loan Cancellation Charges- Rs 1,000 
  • Payment Dishonour Charges- Rs 450
  • Cheque/ECS/SI Swapping Charges- Rs 500

Eligibility Criteria of Applicants Availing 10 lakh Personal Loan from IndusInd Bank

The eligibility criteria of personal loan applicants applying for a personal loan of Rs 10 lakh with IndusInd Bank is mentioned below:

Eligibility Criteria Salaried Applicants Self-employed Applicants
Age 21 to 60 years 25-65 years
Minimum Monthly Income Rs 25,000 Rs 4.8 lakh
Minimum Work Experience Total experience of 2 years with minimum 1 year in the current organization 4 years (self-employed professionals); 5 years (self-employed non-professionals)
Minimum stay at current residence (rented) 1 year -
CIBIL Score 730 and above -

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Documents Required for Personal Loan Application

For Offline Application-

Hard copies of:

  • ID proof
  • Address proof
  • Income proof
  • Bank statements reflecting salary credited every month

For Online Application-

  • No hard copies of documents are required
  • Only PAN number and Aadhaar number is required for online application

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IndusInd Bank 10 lakh Personal Loan- EMI Calculation

Below-mentioned is the EMI calculation for Rs 10 lakh personal loan from IndusInd Bank @ 10.35% p.a. for different tenures. Applicants can use personal loan EMI calculator available online to evaluate the same.

Loan Amount (Rs) Interest Rate (p.a.) Loan Tenure EMI (Rs)
10,00,000 10.35% 1 year 88,079
10,00,000 10.35% 2 years 46,307
10,00,000 10.35% 3 years 32,432
10,00,000 10.35% 4 years 25,531
10,00,000 10.35% 5 years 21,420

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For What Purposes Can You Avail 10 lakh Personal Loan from IndusInd Bank

IndusInd Bank offers instant personal loans to meet the personal requirements of the applicants. You can avail a 10 lakh personal loan from IndusInd Bank to fulfill the following purposes:

  • Home Renovation
  • Wedding
  • Travel
  • Medical Emergency
  • Debt Consolidation

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

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What our customers say

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

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Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

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Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

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Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

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Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

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Priyanka SharmaOct 15, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

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Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

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Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

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Vivaan ShahSep 24, 2025

Loan Approved in on day

I confused between HDFC & Axis personal loans, but Paisabazaar showed me all the offers side by side. I apply in 10 minutes and got approval the next day!

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Rahul MehtaSep 23, 2025

Personal loan mila yahaan se

Mujhko personal loan mila yahaan se bina koi dikkat hue. Maine toh online apply kiya aur 3 lakh ka loan mila 2 saal ke liye.

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Pankaj SinhaSep 22, 2025
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