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IndusInd Bank Personal Loan Balance Transfer

Existing personal loan borrowers of other banks and NBFCs can avail IndusInd Bank Personal Loan Balance Transfer facility to transfer their existing personal loan to IndusInd Bank at lower interest rates.
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Valid till 30th April '26 *T&C Apply
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Get up to ₹50 Lakhs starting at 9.98%

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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%
Axis Bank
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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IndusInd Bank Personal Loan Balance Transfer Highlights

Interest rate 10.35% p.a. onwards
Repayment tenure Up to 5 years
Processing fee Up to 3% of the sanctioned loan amount

IndusInd Bank Personal Loan Balance Transfer Interest Rates

IndusInd Bank Personal Loan Balance Transfer interest rates are not specified. That said, the IndusInd Bank Personal Loan Interest Rates for fresh borrowers start from 10.35% p.a. onwards. Similar to the personal loan balance transfer schemes offered by other banks and NBFCs, the final interest rates offered to an applicant of IndusInd Bank Personal Loan Balance Transfer may vary based on the credit score, monthly income, employer’s profile, job profile, etc.

Fees and Charges of IndusInd Bank Personal Loan Balance Transfer

Processing Fees

IndusInd Bank charges a processing fee of up to 3% of the sanctioned loan amount.

Prepayment Charges

IndusInd Bank prepayment charges for personal loan are 4% of the principal outstanding amount after repayment of 12 EMIs.

Other Fees and Charges

Payment Dishonor Charges Rs 450 per instance
Duplicate Statement Charges Rs 250 per instance
Cheque/ECS/SI/ Swapping Charges Rs 500 per event
Loan Cancellation Charges Rs 1,000 per event
Penal Charge Rs 150 per EMI delay beyond 5 days

Eligibility Criteria for IndusInd Bank Personal Loan Balance Transfer

For Salaried Employees

  • The minimum age limit of the applicant should be 21 years
  • The maximum age of the borrower at the time of loan maturity should be 60 years or the retirement age
  • Minimum net monthly income of the borrower should be Rs 25,000
  • Should have stayed at least for a year at the current residence (if rented)
  • Should have completed 2 years of employment
  • Should have worked for at least 1 year in the current organization

For Self-employed Professionals

  • Minimum age of the applicant should be 25 years
  • Maximum age at the time of loan maturity should be 65 years
  • Minimum net annual income after tax deduction should be Rs 4.80 lakhs
  • Should have experience of 4 years post qualification.

For Self-employed Individuals

  • Applicant should be at least 25 years of age
  • Borrower should be 65 years old at the time of loan maturity
  • Net annual income should be at least Rs 4.80 lakhs after-tax deduction
  • Should have at least 5 years of post-qualification experience

Additionally, IndusInd Bank may also consider the credit score of its personal loan balance transfer applicants, just like other lenders while evaluating the personal loan balance transfer eligibility of their applicants.

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IndusInd Bank Personal Loan Balance Transfer Documents Required

  • Duly filled application form with passport-sized photographs
  • Self-attested photocopy of anyone of the ID proof- Passport, Aadhaar, PAN, driving license and voter ID
  • A valid residence/ID/signature proof for KYC
  • Last 3 months salary slips/ITR for last 3 years/Form 16
  • Any other document required by the bank

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

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

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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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