Induslnd Bank is a private sector Bank that deals in all kinds of accounts and loans. This bank is founded in April 1994 by Srichand Parmanand Hinduja (born 28 November 1935). The head office of Indusind in Mumbai Maharashtra. Bank offers a variety of loans such as personal loan, business loan, car loan, gold loan, etc. Customers can avail loans according to their requirements. Varieties of loans help to customers get loan according to need. For instance, anyone want to buy a new home for that person home loan is suitable rather than personal loan because in home loan interest rate is less than personal loan and repayment time is more than personal loan.
Today, we will discuss the IndusInd Bank Personal Loan. All the information such as eligibility criteria, documentation, Interest Rate, loan processing fees, customer care number, and repayment time. These information helps customer to instant and easy personal loan. Read carefully all the information for IndusInd Personal loan.
Personal Loan Application Procedure of IndusInd Bank
Nowadays, we can apply any loan online or with the help of the mobile app. Apart from this, customer can apply for personal loan from any branch of IndusInd Bank.
Online Application of IndusInd Bank Personal Loan:-
I. Download app or visit the official website of IndusInd Bank.
ii. Login with registered Mobile number.
iii. Fill all the crucial reacquired information.
iv. Wait for Bank approval and bank representative will call you.
Offline Application of IndusInd Bank Personal Loan:-
Visit your nearest branch of IndusInd Bank with all required documents for personal loan. Fill application form and fill all the conditions of bank for personal loan.
Loan Amount offered by IndusInd Bank as Personal Loan:-
IndusInd Bank offers loan amount starts from 30,000 to 25 Lac according to the customer’s profile & requirement. Loan amount sanction by bank is also based on monthly income or annual income of applicant.

Eligibility Criteria of IndusInd Bank Personal Loan:-
Minimum age of applicant for personal loan should be 21 years.
Maximum age at personal loan maturity should be 60 years or retirement age whichever is earlier.
Minimum net monthly income should be Rs.25000 for personal loan online application.
Should have completed minimum 2 years in employment and minimum 1 year in the current organisation.
Should have completed minimum 1 year of stay at the current residence, if rented.
Also Read This:- Personal Loan from Bank of Baroda
Document Required for IndusInd Bank Personal Loan:-
The various kind of documents are necessary for IndusInd Bank’s Personal Loan disbursement.
- Application form with photograph
- Proof of Identity
- Driving license
- Passport
- Voters ID
- Aadhaar
- PAN
- KYC Documents can be Valid identity, Residence, Signature proof
- Income proof
- Form 16/ITR for last 3 years
- Latest 3 months salary slip
- Latest 3 months’ Salary Credit Bank Statement.
Interest Rate of IndusInd Bank Personal Loan:-
The minimum interest rate of IndusInd Bank Personal Loan tarts from 10.49% and the highest interest rate 29.50% per annum. The average interest rate of IndusInd Bank Personal Loan is 15.26% per annum. The interest rate is based on profile, cibil score, credit score of the applicant.
To Read This:- ICICI Bank Personal Loan with All Details
Processing Fees and other charges of IndusInd Bank Personal Loan
Processing fees | Up to 3% of the sanctioned loan amount |
Prepayment fees | 4.00% of the principal remaining after 12 estimated monthly instalments |
CIBIL report | Rs 50 per instance per set as applicable |
Loan cancellation charges | Rs 1,000 per event |
Payment dishonour charges | Rs 450 per instance |
Charges for duplicate statement | Rs 250 per instance |
Loan rescheduling charges | Rs 1,000 per event |
Penal charges | Rs 150 per EMI delay beyond 5 days |
ECS/Cheques/SI swapping charges | Rs 500 per event |
Stamp duty | As per the laws |
Legal charges | As per actuals |
Charges for duplicate amortization schedule | Rs 250 per event |
Duplicate no dues certificate | Rs 250 per event |
Document photocopy charges | Rs 250 per event |
Repayment Period of IndusInd Bank Personal Loan
The repayment time of IndusInd Bank’s personal loan is 12 months to 60 months. The borrower can repay the loan in monthly installments. The EMI option is based on loan amount.
Customer Care Number of IndusInd Bank Loan Department
For any query or question customer call to bank representative at any time on following contact number
18602677777 / +91 22 44066666
Any write you query on mail:- reachus@indusind.com
SMS “PL” to 5676757
This is all about personal loan from IndusInd Bank.
Click Here to Apply IndusInd Bank Personal Loan