IndusInd Bank Digital Personal Loan Full Details

A personal loan is like a financial lifeline that can help you cover unexpected expenses or fulfill your dreams. Unlike home or car loans, you don't need to put up any of your belongings as collateral.

Whether you're tackling medical bills, planning a dream wedding, or renovating your home, a personal loan can provide the funds you need. And with low interest rates, it's an easy and affordable way to get the financial support you deserve.

IndusInd Bank Digital Personal Loan Eligibility

• Minimum age at the time of application should be 21 years.
• The maximum age at personal loan maturity should be 60 years or retirement age whichever is earlier.
• The minimum net monthly income should be Rs.15000
• Should have completed a minimum of 2 years in employment and a minimum of 1 year in the current organization.
• Should have completed a minimum of 1 year of stay at the current residence, if rented.

Answers

Documents required for Loan

• Aadhar Number
• PAN
• Proof of residence if the address in Aadhar is not your current address (Driving license, Voter ID, and Passport also accepted as address proof).
• 6 months Bank statement (optional) to avail of higher loan eligibility.

In case all details are correct and verified in real-time, disbursal should happen within a few hours (up to 6 hours), else it may take a few days (1-2 days). You can repay your loan for 12 to 48 months.

Rate of interest will be 12.3% onwards. Applicable Government taxes, levies, etc. are over and above Fees & Charges.

KYC Documents for digital loan

You would require an Aadhar Card and PAN Card. If your current address doesn’t match with your Aadhar Address, you will need an additional current address proof (Driving License, Passport, etc.) You can always resume the journey from where you left off by providing basic details like your Mobile Number.

Apply for loan 

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