The benefits of opting for a personal loan from IndusInd Bank


The personal loan is one of the most diverse loan products offered by banks. Whether you’re stuck with unpaid bills, want to go on a trip abroad, can’t afford higher education tuition or have a medical emergency, want urgent funds for buying a car or planning a big wedding, a personal loan can get you out of several sticky situations. Many institutions offer personal loans to eligible borrowers. Among these, IndusInd Bank is a name that stands out for its legacy and innovative banking services. With its Easy Credit quick personal loans ranging from Rs. 30,000 to 5 lakhs, you can get hassle-free finance just 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 hours. The entire process is 100% online and paperless, making it a preferred option given the current situation. Instead of going to the nearest bank branch, you can simply visit the IndusInd Bank 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 this is done and everything is verified, the bank will approve and disburse the funds to your account in no time. That’s it!

Plus, if you’re an existing customer, the process becomes even easier.

#2 Bare minimum fees

As IndusInd Bank believes in maximum transparency, it does not charge any hidden or excessive fees. The website clearly mentions the additional fees you pay – loan processing fees, as well as required stamp duties and changes to documentation. Bank charges start from 2.5%!

#3 Attractive loan conditions

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

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

#4 Simple eligibility criteria

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

You must be at least 21 years old at the time of application

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

Your minimum net monthly income must be at least Rs. 15000

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

If you live in a rented apartment, you must complete at least 1 year of residence at the current address

Quick Easy Credit personal loans at IndusInd Bank

Overall get a Personal loan of IndusInd Bank is your best bet when looking for financial help. Whether you have a medical emergency or need money for international travel, the least you would need is a hassle-free loan process. This is where IndusInd Bank stands out – the entire loan application process is online, you get funds quickly and the interest rates are excellent. So head over to the bank’s website and start using their online EMI calculator to figure out your monthly obligations!


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