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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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15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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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
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
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Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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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

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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 -

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

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

Apply Now

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FAQs

What is the interest rate offered on 10 lakh personal loan availed from IndusInd Bank?

IndusInd Bank offers an interest rate of 10.35% p.a. for loan amount of Rs 10 lakh, depending on the credit profile of the applicant.

At what minimum credit score can I avail a 10 lakh personal loan from IndusInd Bank?

Applicants having a credit score of 730 and above have higher chances of availing 10 lakh personal loan from IndusInd Ban.

What is the EMI of 10 lakh personal loan availed from IndusInd Bank for tenure of 5 years?

The EMI of 10 lakh personal loan availed from IndusInd Bank for tenure of 5 years would be Rs 21,420

What would be the interest cost of 10 lakh personal loan availed from IndusInd Bank for tenure of 3 years?

The interest cost of 10 lakh personal loan availed from IndusInd Bank for tenure of 3 years would be Rs 1,67,543.

How can we calculate the EMI and total interest cost for a 10 lakh personal loan from IndusInd Bank?

You calculate the EMI and total interest cost for a 10 lakh personal loan from IndusInd Bank with the help of personal loan EMI calculator available online.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Anubhuti Agrawal
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Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

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