Powered by
Sponsored by

The Benefits of Opting for Personal Loan From IndusInd Bank


A personal loan is one of the most diverse loan products offered by banks. Whether you are stuck with unpaid bills, want to go on a trip abroad, can’t pay for higher education tuition fees or have a medical emergency, want some urgent funds to buy a car or plan a grand wedding, a personal loan can get you out of multiple sticky situations. There are many institutions offering personal loans to eligible borrowers. Of these, IndusInd Bank is a name that stands out for its legacy and innovative banking services. With its quick Easy Credit Personal Loans ranging from Rs. 30,000 – 5 lakhs, you can get hassle-free funding right when you need it.

Here are the benefits of opting for a personal loan from IndusInd Bank.

#1 Instant Online Application

With IndusInd Bank, getting a loan is literally a matter of a few hours. The entire process is 100% online and paperless, which makes it a preferred option considering the current situation. Instead of going all the way to your nearest bank branch, you can simply visit IndusInd Bank’s website and apply for a loan. Next, verify your phone number and provide your Aadhaar and PAN card details, along with your address and income information. Once that’s done, and everything checks out, the bank will approve and disburse funds to your account in no time. That’s it!

Moreover, if you’re an existing customer, the process becomes even simpler.

#2 Bare minimum charges

Since IndusInd Bank believes in maximum transparency, it charges no hidden or over-the-top fees. The website clearly mentions the additional charges you pay - the processing fees for the loan, along with the required stamp duty and documentation changes. The bank’s charges start at as low as 2.5%!

#3 Attractive Loan Terms

Wouldn’t you want the luxury of choosing flexible loan tenures? IndusInd Bank allows you to do this, where you can choose convenient tenures to repay the loan as comfortably as you can. You can select a duration anywhere between 12 to 60 months.

IndusInd Bank also provides the most competitive loan interest rates available in the market today. The lower the interest rate, the more affordable your instalments become. Moreover, their loans are absolutely collateral-free, demanding no assets to be pledged.

#4 Simple Eligibility Criteria

The eligibility criteria to apply for a personal loan online at IndusInd Bank is easy. To apply for a personal loan, you need to meet the following criteria:

·  You should be at least 21 years of age at the time of application

·  The maximum age to apply for a personal loan is 60 years

·  Your minimum net monthly income should be at least Rs. 15000

·  Should have completed at least 2 years of employment and minimum 1 year in the current organization

·  If you live in a rented apartment, you need to complete minimum 1 year of stay at the current address

Quick Easy Credit Personal Loans at IndusInd Bank

All in all, getting a personal loan from IndusInd Bank is your best bet when looking for financial assistance. Irrespective of whether you’re in a medical emergency or need cash for an international trip, the least you would need is a hassle-free loan process. This is where IndusInd Bank stands out - the entire loan application procedure is online, you get funds quickly, and the interest rates are excellent. So, head over to the bank’s website and start using its online EMI calculator to understand your monthly obligations!

📣 The Week is now on Telegram. Click here to join our channel (@TheWeekmagazine) and stay updated with the latest headlines