IndusInd Bank Personal Loan

Age

• Minimum age to apply for personal loan should be 21 years.
• Maximum age at personal loan maturity should be 60 years or retirement age whichever is earlier.

CIBIL Score

• A CIBIL score of 730 or above is generally considered good for approving a personal loan.

Required Documents

• Application form with photograph
• Proof of Identity
• Valid identity/Residence/Signature proof
• Income proof - Form 16/ITR for last 3 years and Latest 3 months salary slip
• Latest 3 months’ Salary Credit Bank Statement.

Nature of Employment

• Should have completed minimum 1 year of stay at the current residence, if rented.

Minimum Monthly Income

• Salaried Employees - Minimum net monthly income should be Rs.25000 for personal loan online application.
• Self Employed Professionals and Self Employed Individuals - Minimum annual net income post tax should be Rs.4.8 lakh

Minimum Work Experience

• Salaried Employees - Should have completed minimum 2 years in employment and minimum 1 year in the current organisation.
• Self Employed Professionals - Should have 4 years of post qualification experience
• Self Employed Individuals - Should have 5 years of post qualification experience

Features

• Get instant personal loans with easy documentation, quick processing, and speedy disbursals.
• Benefit from attractive interest rates that make IndusInd Bank’s Personal Loans affordable.
• Obtain an instant personal loan with simple documentation, quick processing and speedy disbursal.
• Apply for personal loan and choose a comfortable loan tenure between 1 to 7 years.
• Enjoy the convenience of doorstep service, low personal loan interest rates, no stress of collaterals or guarantors and lots more!
• Simple application process with zero collaterals required.
• Choose a repayment tenure that works for you. You can choose to repay borrowed funds between 1-7 years.