IndusInd Bank personal loan is an unsecured loan you can used to meet different expenses. IndusInd Bank offers Personal Loan for the people of sixteen major cities in India. Here is given the list of the cities: Noida, Mumbai, Pune, Chandigarh, New Delhi, Chennai, Jaipur, Bangalore, Ahmedabad, Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Kolkata and Thane.
Unsecured loans like the IndusInd Bank personal loan let you borrow money in a short span of time to be used for multiple purposes as seen fit by the applicant.
The bank offers fast and hassle-free personal loans which cater all the financial requirements of its customers. The bank provides personal loan to make all your dreams come true like the renovation of the house, dream wedding, dream vacation or fulfil any other wish. Loanbaba.com provides all the information about IndusInd Bank Personal Loan. Loanbaba works as a liaising body between the Indus Ind Bank representatives and the borrowers.
Our website, Loanbaba.com will provide you all details about personal loan IndusInd Bank.
Maximum Rs. 5 lakhs
12 months to 36 months
Up to 23% p.a.
The following key points will help you understand the features and benefits of the personal loans:
Loanbaba provides comprehensive information about personal loan schemes by IndusInd Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website. Over the past couple of years, Loanbaba has fast forged positive relations in the banking industry and that is how we work closely with IndusInd Bank so that your loan is approved at the earliest.
Personal Loan IndusInd Bank interest rate ranges between 11.5 % and 23%, but varies as per individual profile. Keep a check on this page to note the updated IndusInd Bank personal loan interest rate for the current year. Personal loans come in different shapes and sizes and your eligibility for the same depends upon your income and credit score. It becomes imperative for you, therefore to keep your credit history and CIBIL score in check.
Other fees for the loan are as given below:
For salaried individuals, the foreclosure charges stand at 4% of the principal outstanding amount. Loan applicants are eligible for this only after repayment of 12 EMIs.
For self-employed individuals also, the foreclosure charges stand at 4% of the principal outstanding amount. However they are eligible for the same after repayment of 6 EMIs
Charges for late payment of EMI is Rs.150/- plus taxes. This is considered on ‘Per EMI delay basis’ beyond 5 days. No penalty is charged for a delay of less than 4 days.
Important documents to be submitted while applying for personal loans
Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost IndusInd Bank personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for IndusInd Bank personal loan are discussed below:
IndusInd Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes. Personal loan applicants need not specify the purpose of loan to the bank while applying for the loan.
Education cannot be compromised because of the propulsion it provides to life itself. Higher education today is more expensive than before and studying abroad is even more so. This loan can take care of all the expenses related to your course program including travel, accommodation, tuition fee, study material, etc.
Weddings are a grand affair in our country and inadvertently cost us a very big amount in preparation. With an interest rate sympathetic to the cultural practices, this personal loan covers all wedding expenses of an applicant and ensures smooth sailing for the big day.
This personal loan by IndusInd Bank provides funds to take care of your home renovation expenses. As this can be a costly affair, many people postpone this activity. As timeliness is an important part of home renovation, moving with the times is a luxury made affordable by this personal loan.
Medical emergencies can knock your door at any time and it is good to know about loans that can come in handy in case of such a situation. This personal loan marks out this problem faced by people to help them with funds when they need it the most helping people clear hospital bills and cover other expenses associated to the medical emergency like buying medicines or equipment.
Below provided are important questions about personal loan IndusInd Bank.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of IndusInd Bank.
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