Personal loans from IndusInd Bank are unsecured loans. In order to provide you with a personal loan, IndusInd Bank does not require any collateral or security.

Personal loans of up to Rs.15 lakhs are available from IndusInd Bank to qualified applicants. Before applying for an IndusInd Bank personal loan, make sure you are eligible. 

Here are a few other features of IndusInd Bank personal loans 

Loan Amount

Rs.50,000 – Rs.15 lakhs

Average Annual Interest Rate

10.49% - 31.50% 

Processing Charges

2.5% of loan amount

Loan Processing Time

2 business days

Repayment Tenure

12 months – 60 months

Collateral or Security

NIL

Credit Score Requirement

Minimum 750 credit score

What Is The Important Eligibility Criteria To Get A Personal Loan From IndusInd Bank?

  • Since personal loans are unsecured, IndusInd Bank looks largely at your credit score and monthly income.
  • IndusInd Bank requires a credit score of 750 or higher. If your credit score is lower than this, you can simply find strategies to improve it.
  • To qualify for a personal loan from IndusInd Bank, you must have a monthly net income of at least Rs. 25,000. 
  • Before applying for a loan, you may use our Personal Loan EMI Calculator to calculate your monthly installments, providing you with an accurate estimate of your monthly payments.
  • Avail IndusInd Bank personal loans to fulfill your life goals such as a big wedding, better education, a dream vacation, and many more at low interest rates and convenient payback terms.