IndusInd Bank Personal Loan

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Get IndusInd Bank Personal Loan at lowest interest rates

  • Loan Amount: Rs. 50,000 to Rs. 10 lakh
  • Processing Fees: Upto 2.50%

Apply for Personal Loan Starting From 10.50%*

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I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CIBIL TERMS AND
CONDITIONS

To,
TransUnion CIBIL Limited
[Formerly known as Credit Information Bureau (India) Limited]
One Indiabulls building ,Unit No 1901 – 1905,
19th Floor, Tower 2A-2B, Jupiter Mill compound,
Senapati Bapat Marg, Lower Parel, Mumbai 400 013

Sub: Grant of Consent

Dear Sirs,

In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) through Paisabazaar (referred to as the “Company”) and delivery of the Consumer Credit Information to the Company, I hereby acknowledge and agree to the following:

A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, and the Company has granted its consent for being appointed for the aforesaid purpose.

B. I grant my unconditional consent to the Company to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, as the case may be, and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that: the Terms of Understanding in relation to the use of the Consumer Credit Information has been agreed between me and the Company.

C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver and / or transfer my Consumer Credit Information to the Company on my behalf.

D. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company ; (d) for any use made by the Company which is contrary to the Agreement entered into between the Company and TUCL

E. I acknowledge and accept that: (a) TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard; and (b) the implementation of the Agreement between TUCL and the Company is solely the responsibility of the Company.

F. I agree that I may be required to record my consent / provide instructions electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written instructions" to Paisabazaar authorizing Paisabazaar to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED, [formerly known as Credit Information Bureau (India) Limited]]. I further authorize Paisabazaar to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for Paisabazaar to obtain my Consumer Credit Information.

G. I understand that in order to deliver the product to me, I hereby authorize Paisabazaar, to obtain my Consumer Credit Information from TUCL.

H. By submitting this registration form, I understand that I am providing an express adhoc one-time written instructions for Paisabazaar to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active Paisabazaar account. I further authorize Paisabazaar to retain a copy of my information for use in accordance with the terms of use of this service, Paisabazaar’s Terms of Use and Privacy Policy.

I. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

J. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information and / or my decision to provide TUCL L with the authority to deliver my Consumer Credit Information to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.

K. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.

Yours faithfully,
Name :

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EQUIFAX TERMS AND
CONDITIONS

I Mr./Ms. -------------------- ---------------------residing at ------------------------ ---------------------------------------- do hereby authorise Paisabazaar Team ,to do all acts on my behalf as may be necessary including to execute/sign application(s), make payment of applicable fees* and generally to all other acts as may be necessary to receive, on my behalf and at my request, my Credit Information Report (CIR) from Equifax Credit Information Services Private Limited("Equifax") at the following address/email id:

I hereby confirm that all the powers hereby conferred may be exercised by officer(s) or manager(s) / agent(s) / employees of the Paisabazaar who is duly authorized by the Paisabazaar.

I hereby confirm, agree, undertake and accept that I shall at all times be solely responsible for all the above actions and omissions of the Paisabazaar shall be binding on me as though such actions had been carried out by me directly. I further confirm that my CIR shall be used only for the purpose as mentioned in the attached standard terms and conditions and I shall be solely liable for, and indemnify and hold harmless Equifax for and against, any and all third party claims or damages or proceedings of any kind, arising from or in connection with (a) any misrepresentations, incorrect information or omission of any critical information in my application, or (b) furnishing my CIR based on this authorization letter, and shall not at any time hold Equifax or its affiliates and their respective officers, directors, employees or representatives liable in this respect.

I hereby also confirm that I have only appointed Paisabazaar to be my authorized agent/representative for collection of my CIR.

I undertake to keep Equifax intimated and informed at all times, of any renewals or termination of the authorization to Paisabazaar or any amendments, modifications or changes in the terms governing the obligations or my relationship with Paisabazaar.

I shall at all times co-operate with Equifax and execute and deliver to Equifax such instruments and documents and take such other actions as may be required by Equifax from time to time in connection with this authority letter.

By signing on this authorization letter, I hereby acknowledge and accept the Standard Terms and Conditions mentioned above.

Date : 18/01/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EXPERIAN TERMS AND
CONDITIONS

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM EXPERIAN.

YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND PAISABAZAAR AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU HEREBY ALSO AGREE AND ACKNOWLEDGE THAT FOR PAISABAZAAR TO SERVICE YOU AS A CUSTOMER, THE CREDIT INFORMATION SHALL BE SHARED BY EXPERIAN WITH YOU AND PAISABAZAAR ON A MONTHLY BASIS. YOU FURTHER ALSO AGREE AND CONSENT TO RECEIVE SUCH CREDIT INFORMATION DIRECTLY FROM EXPERIAN AND ALSO THROUGH YOUR PAISABAZAAR ACCOUNT AS PER YOUR INDEPENDENT REGISTRATION WITH PAISABAZAAR.

Please read the Terms and Conditions of this document carefully before accepting. By clicking on the "I ACCEPT" button below, you are expressly agreeing to access the Experian Credit Information Report and Credit Score (as defined in the Important Information Section below) (together referred as "Credit Information") and share a copy of the Credit Information with Paisabazaar in the "as is" format. Please click on the link below to read and understand the Important Information section below.

** This document is an electronic record in terms of the Information Technology Act, 2000 and Rules made there under, and the amended provisions pertaining to electronic records.

Information Collection, Use, Confidentiality, No-Disclosure and Data Purging

PAISABAZAAR/ We/ Us can only access your Credit Information as your authorized representative and we shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from us on the Website. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

We shall protect and keep confidential the Credit information both online and offline and use best in class security measures in line with applicable laws. The Credit Information shared by You, or received on your behalf shall be destroyed, purged, erased promptly upon the earlier of: (i) your written request to terminate this relationship with Paisabazaar (ii) the completion of provision of the Services by us to you.

Governing Law and Jurisdiction The relationship between you and the Parties shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of [Mumbai].

Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
"Credit Information Report" means the credit information / scores / aggregates / variables or reports which shall be generated by Experian;
"Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian.
"CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
PLEASE READ THE ABOVE MENTIONED IMPORTANT INFORMATION AND CLICK ON "ACCEPT" FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH YOU AND PAISABAZAAR, IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE.
BY CLICKING "ACCEPT" YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN. THE TERMS AND CONDITIONS MENTIONED HEREIN MAY CHANGE IN ORDER TO COMPLY WITH GOVERNING LAWS OF THE COUNTRY AND THE CONSUMER SHALL BE BOUND TO ANY CHANGES TO THIS AGREEMENT

Name :
Date : 18/01/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CRIF HIGH MARK TERMS
AND CONDITIONS

This End User Agreement (the "Agreement") is made between you (the "User" or "You") and Paisabazaar Marketing and Consulting Pvt Ltd ("PaisaBazaar"), a private limited company having its registered office at Plot No 119, Sector-44, Gurgaon-122001, Haryana ("PAISABAZAAR", "Us" or "We", which term shall include its successors and permitted assigns). The User and PAISABAZAAR shall be collectively referred to as the "Parties" and individually as a "Party".

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM CRIF HIGH MARK. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE CRIF HIGH MARK CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS "CREDIT INFORMATION"). YOU HEREBY ALSO IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY CRIF HIGH MARK TO YOU AND PAISABAZAAR BY USING CRIF HIGH MARK TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU ALSO ACKNOWLEDGE THAT YOU SHALL NOT RAISE ANY CLAIM OR HOLD LIABLE CRIF HIGH MARK CREDIT INFORMATION SERVICES PRIVATE LIMITED IN RELATION TO YOUR CREDIT INFORMATION REPORT AND CREDIT SCORE PROVIDED OR TO BE PROVIDED BY CRIF HIGH MARK TO PAISABAZAAR.

Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging PAISABAZAAR shall access your Credit Information as your authorized representative and PAISABAZAAR shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from PAISABAZAAR. PAISABAZAAR shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared by you, or received on by us on your behalf shall be destroyed, purged, erased promptly upon request from the consumer or the consumer withdrawing the consent to retain such credit information / reports by deleting/deactivating the consumers account with Paisabazaar.

Governing Law and Jurisdiction Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
" Business Day" means a day (other than a public holiday) on which banks are open for general business in Gurgaon and Mumbai.
" Credit Information Report" means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by CRIF High Mark;
" Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by CRIF High Mark.
" CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
IN CASE THERE IS ANY DISCREPANCY OR INABILITY IN COMPLETION OF ONLINE AUTHENTICATION, PLEASE SUBMIT YOUR SELF ATTESTED KYC DOCUMENTATION IN SCANNED COPIES FOR SHARING OF YOUR CREDIT INFORMATION BY CRIF HIGH MARK WITH YOU AND PAISABAZAAR (YOUR AUTHORISED REPRESENTATIVE).
ONLINE SUBMISSION - DOES NOT REQUIRE SIGNATURE AND EXECUTION"

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Date :18/01/2020

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हिंदी में पढ़े
Updated: 17-01-2020 06:17:17 AM

IndusInd Bank offers tailor- made personal loan options to cater to different purposes of salaried professionals as well as self- employed. Starting from Rs. 50,000, IndusInd Bank personal loan goes up to Rs. 10 lakh and can be repaid maximum in 60 months.

Table of Contents
IndusInd Bank Personal Loan - Features and Benefits
IndusInd Bank Personal Loan - Interest Rate, Fees and Charges
IndusInd Bank Personal Loan for Education
IndusInd Bank Personal Loan for Wedding
IndusInd Bank Personal Loan for Home Renovation
IndusInd Bank Personal Loan for Medical Emergency
IndusInd Bank Personal Loan - Eligibility Criteria
IndusInd Bank Personal Loan - Documents Required
IndusInd Bank Personal Loan - EMI Calculator
Compare IndusInd Bank Personal Loan VS Other Lenders
How to Apply for IndusInd Bank Personal Loan at Paisabazaar?
IndusInd Bank - Customer Care

IndusInd Bank Personal Loan - Features and Benefits

  • 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

IndusInd Bank Personal Loan - Interest Rate, Fees and Charges

Interest Rate10.75% onwards
Personal loan Processing FeesUp to 2.50% of loan amount plus tax
Prepayment ChargesSalaried: 4% of the principal outstanding after repayment of 12 EMIs.
Self Employed:
4% of the principal outstanding after repayment of 6 EMIs
Payment Dishonor ChargesRs 450/- plus tax
Personal loan Duplicate Statement ChargeRs 250/- plus taxes per event
Cheque / ECS / SI Swapping ChargesRs 500/- plus taxes per event
Duplicate No Dues CertificateRs 250/- plus taxes per event
Duplicate Amortization Schedule ChargeRs 250/- plus taxes per event
Loan Re-Booking / Rescheduling ChargesRs 1000/- plus taxes per event
Loan Cancellation ChargesRs 1000/- plus taxes per event
Charges for Photocopy
of Agreement / Documents		Rs 250/- plus taxes per event
Penal ChargeRs 150/- plus taxes, Per EMI delay beyond 5 days
Legal ChargesAs per Actuals
Stamp DutyAs per State Laws
CIBIL ReportRs. 50/- per instance per set + Taxes as applicable

IndusInd Bank Personal Loan for Education

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

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.

IndusInd Bank Personal Loan for Home Renovation

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.

IndusInd Bank Personal Loan for Medical Emergency

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.

IndusInd Bank Personal Loan - Eligibility Criteria

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

IndusInd Bank Personal Loan - Documents Required

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)

IndusInd Bank Personal Loan - EMI Calculator

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.

Compare IndusInd Bank Personal Loan VS Other Lenders

ParticularsInudusInd BankHDFC BankCiti BankAxis BankICICI BankBajaj Finserv
Interest RateStarting from 10.75%11.25% to 21.50%Starting from 10.99%11.49% to 17.49%11.50% to 19.25%Starting from 12.99%
Tenure12 to 60 months12 to 60 months12 to 60 months12 to 60 months12 to 60 months12 to 60 months
Loan amountUpto Rs. 10 lakhUpto Rs. 40 lakhUpto Rs. 30 lakhRs. 50,000 to Rs. 15 lakhUpto Rs. 20 lakhUpto Rs. 25 lakh
Processing FeeUp to 2.50% of loan amount plus taxUpto 2.50% of the loan amountUpto 3% of the loan amount2% of loan amount plus GSTUpto 2.25% of loan amount plus GSTUp to 3.99% of the loan amount
Apply NowApply NowApply NowApply NowApply NowApply Now

IndusInd Bank - Customer Care

FAQs
How long will it take for my IndusInd Bank personal loan to get approved?
How do I repay the personal loan?
Is it possible to foreclose/prepay my personal loan?
Is part - payment of personal loan allowed?
I am an existing customer of IndusInd. Do I get any privileges?
How long will it take for my IndusInd Bank personal loan to get approved?

Once approved, your personal loan will be disbursed within 4-7 working days.

How do I repay the personal loan?

You can repay the personal loan in EMI through ECS. Also, you can pay through a standing instruction to debit your IndusInd bank account with the EMI amount.

Is it possible to foreclose/prepay my personal loan?

Yes, if you are a salaried professional, you can foreclose your personal loan any time after paying the 12 EMIs and if you are a self- employed individual, you can foreclose your loan any time after the 6th EMI.

Is part - payment of personal loan allowed?

No, part- payment is not allowed.

I am an existing customer of IndusInd. Do I get any privileges?

As an IndusInd Bank customer, you will be offered lower interest rate, asked for minimum documentation and your application will be given priority.

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IndusInd Bank Personal Loan
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Jul 11 , 2019
4/5
Trust Paisabazaar

Definitely trust Paisabazaar for all my needs pertaining to banking.

Jul 11 , 2019
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Fine scheme

Glad I opted for such a fine scheme of loan with IndusInd bank. It is perfect!

Jul 11 , 2019
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Incredible staff

Only because of the incredible staff and the team of Paisabazaar, I could find such an amazing scheme from IndusInd.

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The team at Paisabazaar took due care at ensuring that I got a loan at just no hassle.

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It is too good

This IndusInd loan has such a fab scheme for us. It is too good.

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Interest cost

So happy that Paisabazaar ensures that interest cost is only minimum.

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