INDUSIND Bank personal Loan

IndusInd Bank also offers personal loan that comes with minimal documentation, quick disbursement of loan amount and the needed approvals for the same. The bank has witnessed a slow growth and has 573 branches, and 1055 ATM's spread across 392 varied locations. The bank has also seen a total revenue of 3260.47 crores. If you want a personal loan instantly then you can go ahead and apply for the same with this bank

Indusind BANK Personal Loan Fees and Interest Charges



Interest Rate : 12.99% to 19%


Processing Fees : 0.50 to 2.5% of LA


Loan Tenure : 1-5 YEARS


Guarantor  : NOT REQUIRED


Pre-closure Charges :  Preclosure permitted after 1 year. 4% of principal outstanding (plus ST)



Check the factors first

Minimum Rs 25000 per month income required

Finances up to Rs 20 lakhs only

Any other EMI can lower down your eligibility


Know if you’re eligible for the loan

Minimum entry age: 21 years

Maximum age: 60 years

Income: Salaried & self employed


Why don’t you increase your loan eligibility?

Choose longer tenure for 5 year eligibility maximisation.

Credit card bill need to be clear

What are the documents needed?

 

1. Application form with photograph duly signed


2. Processing fees


3. Latest  6 months Statement of bank account


4. ID Proof with Photo


5.Address Proof with Photo


6. Documents required for self employed


  • Proof of business existence
  • Last 3 years Income tax returns with computation of income
  • Last 3 years balance sheet and Profit /loss statement duly certified by CA

7. Documents for salaried


  • Income Tax statement or Form 16
  • salary slip of latest three month
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