Indusind Bank Personal Loan – Interest Rates 2018, Eligibility, Documents

Indusind Bank Personal Loan Find IndusInd bank Personal loan interest rates 2018. Check & compare ✓ Documents ✓ EMI ✓ Eligibility ✓ Charges ✓ Interest rates ✓ loan amount ✓ Application Status at deal4loans.com

Features & Benefits of Indusind Bank Personal Loan

✓Obtain a loan easily with Simple Documentation, Quick Processing and Speedy Disbursal.
✓ Repayment options available from 1 to 5 years.
✓ Doorstep Service for easy process
✓ lowest rates available for borrowers

₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 15 October 2018)

Apply Online for IndusInd Bank Personal loan with Lowest Interest Rates. Check CIBIL score absolutely FREE.

Loan Amount

Employment Status

City

Indusind Bank Personal Loan Interest Rates 2018

Cat A

Cat B

Others

Salary <50k (Rate- 14.5% -15.25%) Salary <50k (Rate- 16% -16.5%) Salary <50k (Rate- 19% -20%)
Salary 50k – 1 Lakh (13.75% – 14.25%) Salary 50k – 1 Lakh (15% – 15.5%) Salary 50k – 1 Lakh (18% – 19%)
Salary >1 Lakh (12.99% – 13.5%) Salary >1 Lakh (14% – 14.5%) Salary >1 Lakh (17.5% – 18.5%)

Indusind Bank Personal Loan Details:

Eligibility Criteria Salaried Self Employed
Net Monthly Income 25,000 (Listed & Non Listed both) Min. Annual Net Income post tax should be Rs 4.80 Lakhs
Age of Applicant Min. 21 years Max. 60 Years / retirement age whichever is lower at the time of loan maturity Min. 25 years Max. 65 Years at the time of loan maturity
Current Experience Min. 1 yr & above Min. 5yrs of Post qualification
Total Job Experience Min. 2Yr & above Min. 5yrs of Post qualification
Min. Loan Amount 1 Lakhs 1 Lakhs
Max. Loan Amount 15 Lakhs (Listed Companies) 7Lakhs (Non- Listed Companies) 10 Lakhs & above
Min. Tenure 12 Months 12 Months
Max. Tenure 60 months(Listed Companies), 48 months (Non- Listed Companies) 48 months
Processing Fee 0.5%- 2% 0.5%- 2%
Prepayment Charges 4% post 12 EMI clearance 4% post 6 EMI clearence
Turn Around Time 3-4 working Days 3-4 working days

Documents List of Indusind Bank Personal Loan

Documentation for Salaried Employee

✓ Proof of Identity: Passport / Driving License / Voters ID / PAN Card / card issued by UIDAI containing the details of name, photograph, address and Aadhaar number.
✓ Proof of Residence: Leave and License Agreement / Ration Card / Utility Bill (not more than 3 months old) / Valid ✓ Passport – provided the passport address is present address mentioned in application form.
✓ Proof of Income: Latest 3 months salary slip / salary certificate and latest Form 16
✓ Bank Statements: Latest 3 months bank statement (where salary is credited).

Documentation for Self-employed Individual

✓ Proof of Identity: Passport / Driving License / Voters ID / PAN Card / card issued by UIDAI containing the details of name, photograph, address and Aadhaar number.
✓ Proof of Residence: Leave and License Agreement / Ration Card / Utility Bill (not more than 3 months old) / Trade License / Establishment / Sales tax certificate/ Valid Passport – provided the passport address is present address mentioned in application form.
✓ Business (Current Account) Bank Statements (latest 6 months Bank Statement / Passbook)
✓ Latest 2 years ITR along with computation of income, B/S, P&L a/c with all schedules certified by a CA.
✓ Business continuity Proof: Trade license / Establishment / Sales Tax Certificate)
✓ Additional Mandatory Documents: Sole Proprietorship Declaration / Certified copy of Partnership Deed / Certified copy of MOA, AOA & Board resolution. In case of income derived from a partnership firm, latest 2 years partnership firm’s B/S, P&L a/c with all schedules certified by a CA.

IndusInd Bank offers personal loans in these cities only

– Chandigarh / Panchkula, Ahmedabad, Bangalore, Delhi / New Delhi, Mumbai, Chennai, Faridabad, Navi Mumbai, Hyderabad / Secunderabad, Ghaziabad, Pune, Coimbatore, Gurgaon, Thane, Vishakhapatnam, Jaipur, Nagpur, Kochi, Kolkata, Surat, Noida, Baroda, Amritsar, Indore, Bhubaneswar, Cuttack, Jodhpur, Kanpur, Lucknow, Ludhiana.