IndusInd Bank Personal Loan

• Loan amount: The loan amount of IndusInd Bank personal loan goes up to Rs. 10 lakh
• Easy documentation process: With a effortless and trouble free documentation, Induslnd personal loan is customer-friendly and saves a lot of time
• Flexible tenure: IndusInd Personal Loan tenure ranges from 12 to 60 months. You can choose the loan tenure that suits you the best
• Balance transfer facility: The bank offers ‘Balance Transfer Option‘ that is you can transfer your existing personal loan from other lender to IndusInd and can avail lower interest rates

With IndusInd Bank personal loan for education, fulfill your dream to pursue higher education. Study in India or abroad without worrying about the funds as the loan covers all the cost related to your course including college free, tuition fee, books, accommodation, etc.

IndusInd Bank personal loan for wedding ensures that your wedding costs are well covered. Offered with affordable interest rate, this personal loan covers your various wedding expenses pertaining to jewelry, venue, clothing, decoration, catering, etc.

Home renovations can amount to a huge sum of money. To help you with the same, IndusInd Bank offers personal loan for remodeling your home. The bank offers competitive interest rates on the loan amount and also flexible repayment options so you can repay the loan without any hassles.

Unplanned medical expenses can put a lot of pressure on you financially. In such a situation, availing IndusInd personal loan for medical purpose will help you deal with the unexpected blow. The loan covers doctor’s fees, medical bills, hospital stay, procedure and surgery, and other charges.

For salaried employees:

This includes salaried Chartered Accountants, salaried doctors, Government Sector employees including Public Sector Undertakings and Central, employees of select Public and Private Limited companies, State and Local bodies.

• You should be at least 21 years old at the time of application
• Your maximum age at the time of loan maturity should be either 60 years or retirement age whichever is earlier
• Your minimum monthly income should be Rs. 25,000
• You should have minimum 2 years of experience in total and should be working in your current organization for minimum 1 year
• If you are living on rent, you should have completed minimum 1 year of stay at the current residence

For self- employed professionals:

This includes Architects, doctors (MBBS and higher degree), Company Secretaries, Chartered Accountants, Engineers and MBA consultants.

• You should be at least 25 years old at the time of application
• Your maximum age at the time of loan maturity should be 25 years
• Your minimum annual net income post tax should be Rs. 4.8 lakh
• You should have at least 4 years of post-qualification experience

For self- employed individuals:

This includes directors and partners in the business of manufacturing, sole proprietors, trading or services.

• You should be at least 25 years old at the time of application
• Your maximum age at the time of loan maturity should be 25 years
• Your minimum annual net income post tax should be Rs. 4.8 lakh
• You should have at least 5 years of post-qualification experience

For salaried professionals:

• Identity proof: Driving license/passport/voter ID/PAN Card/ Aadhaar Card
• Residence proof: Utility bill (not more than 3 months old)/lease and license Agreement/ration card/passport
• Income proof: Salary certificate and latest Form 16/latest 3 months salary slip
• Bank statements: Latest 3 months bank statement (where salary is credited)

For self- employed professionals:

• Identity proof: Driving license/passport/voter ID/PAN Card/ Aadhaar Card
• Residence proof: Utility bill (not more than 3 months old)/ leave and license Agreement/ration card/passport
• Qualification proof: Highest professional degree
• Business (current account) bank statements (latest 6 months bank statement/passbook)
• Profession continuity proof
• Latest 2 years ITR along with computation of income, B/S, P&L a/c with all schedules certified by a CA

For self- employed individuals:

• Identity proof: Driving license/passport/voter ID/PAN Card/ Aadhaar Card
• Residence proof: Utility bill (not more than 3 months old)/ leave and license Agreement/ration card/passport
• Additional mandatory documents: Sole proprietorship declaration/certified copy of partnership deed /certified copy of MOA, AOA and Board resolution. In case of income derived from a partnership firm, latest 2 years partnership firm’s B/S, P&L a/c with all schedules certified by a CA
• Latest 2 years ITR along with computation of income, B/S, P&L a/c with all schedules certified by a CA
• Business continuity proof: Trade license/sales tax certificate/establishment
• Business (Current Account) bank statements (latest 6 months bank statement / passbook)

The Personal Loan EMI Calculator of Paisbabazaar calculates EMI for Personal Loan on the basis of inputs provided by you. The EMI Calculator asks for the following details:

• Loan Amount
• Loan Tenure
• Interest Rate

Once you enter the required details, the EMI calculator will show you the results instantly.

• You can call on 18605005004 / 022 44066666
• You can email at reachus@indusind.com and NRI customers can mail at nri@indusind.com
• You can visit the nearest branch of IndusInd bank