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Personal Loan with Induslnd Bank

A Personal loan is the most popular types of unsecured loans, and hence the interest rates are higher contrasted with secured loans. Having a decent credit score with a good and stable income ensures that you can avail this loan at a very competitive rate of interest.

Apply for Personal Loan @ 10.5%*

Where You can use Personal Loan
Improve Your Home

Personal Loan can be used to buy a new house or to renovate the old one and no need to put any asset to avail it.

Get On The Road

You can use this type of loan to buy a new vehicle.

Pay Out Your Credit Card Debts

Feeling pressure by debt of credit cards. Use your Personal Loan to pay the credit card bill.

Visit a Dream Site

Planning to go for a vacation abroad. spend your Personal Loan to see the dream place

Education Abroad

Want to study abroad but need money. Personal Loan can be a good option for it.


Marriage is a once in a life time achievment. make your all dreams come true with Personal Loan.

Compare Interest Rates

Bank Interest Rate Procssing Fee Loan Tenure
HDFC Bank 10.75% Min Rs. 1,999 Upto 2.50% 12 - 60 Months
Citi Bank 10.50% Upto 0.5% 12 - 60 Months
Tata Capital 11.25% Rs 1499, Upto 2.5% 12 - 72 Months
Fullerton India 11.99% 1% - 3% 12 - 60 Months
Kotak Mahindra 10.50% Rs. 2999, Upto 2.5% 12 - 48 Months
Indusind Bank 11% 0.75% - 1.75% 12 - 60 Months
Yes Bank 11% 0.99%-2% 12 - 60 Months
HDB Finance 14.99% Upto 2% 12 - 60 Months
Aditya Birla Capital 11% 1% - 3% 12 - 60 Months
ICICI Bank 11.25% 0.99% - 2.25% 12 - 60 Months
Bajaj Finserve 12.99% 0.5% - 2% 12 - 60 Months
RBL Bank 12.99% Upto 2% 12 - 60 Months
IDFC Bank 11.50% 1% - 1.5% 12 - 60 Months
Axis Bank 11.25% 1.5% - 2% 12 - 60 Months

The Documents needed for obtaining a Personal Loan

The documentation process can be different in accordance with the particular lender. However, the exact same could be divided in two components - KYC & Financial Records and here are the typically requested documents:

KYC Records
  • Passport Size Photograph
  • Identity Proof Aadhaar, PAN, Passport, DL or Voter ID
  • Home Evidence - Electricity Bill, Mobile Bill or Water Bill
Financial Records
  • Latest 3 month's bank statement of your salary accounts
  • Last 3 month's wages slips

Eligibility Criteria

Eligibility for the loan varies from bank to bank and also depends upon the type of the loan. however, the general criteria depend upon your

  • Age
  • Occupation
  • Income
  • Capacity to repay the loan
  • Place of residence

Advantages of Personal Loan over Other Loans:

  • To manage all the expenses of a family wedding.
  • Paying for a vacation or an international trip.
  • Financing renovation for your dream home.
  • Funding the cost of your little one’s higher education.
  • Meeting for unexpected/unplanned/urgent expenses.
Different Areas to Use a Personal Loan?

Induslnd Bank Personal loan can be utilised to satisfy your expenses. The different areas for availing a personal loan include a much-needed holiday plan, purchasing a high-tech gadget, for the education of kids and the renovation of your home.

Eligibility Criteria
Salient Features for Personal Loan with Induslnd Bank

Documents Required with Induslnd Bank for Personal Loan

For a Salaried Applicant:
For Self-Employed Applicant:

Interest Rate, Processing Fees and Loan Amount for Personal Loan with Induslnd Bank

Maximum Loan Amount Rs.20 lakh
Tenure 12 months to 60 months
Interest Rate 11.25% to 22%
Processing Fees 0.99 % Up to 2.25% p.a. of the loan amount + GST
Prepayment Charges 5% p.a. of the principal outstanding amount + GST
Loan Cancellation Charges Rs.3,000 + GST

Apply Online for Personal Loan

Maximum APR (Annual Percentage Rate) 10.50% - 22%.
Fee applicable for BookMyMoney Rs 0.

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