Private Sector BankAll Eligible Borrowersunsecured

IndusInd Bank Personal Loan

इंडसइंड बैंक पर्सनल लोन

IndusInd Bank personal loan up to ₹50 Lakhs with video KYC and paperless digital sanction.

Max Loan Amount

₹50,000 to ₹50,00,000

Interest Rate

10.49% - 26.00% p.a. (risk-grade fixed)

Tenure

12 to 60 months

Processing Fee

Up to 3.00% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

IndusInd Bank's multi-purpose unsecured personal loan for salaried and self-employed individuals, offering large funding lines up to ₹50 Lakhs with rapid online processing.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Steep upper interest rate band reaching up to 26% for lower credit scores. • 12-month lock-in before any foreclosure or part-payment is allowed. • Heavy 4% foreclosure fee between months 13 to 36. • Strict salary thresholds for metro cities.

✦ Key Benefits & Features

• High loan quantum up to ₹50 Lakhs for comprehensive funding needs • Video KYC enabled 100% paperless digital application • Zero prepayment charges after completing 36 months • Transparent online repayment schedule.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment/foreclosure permitted after 12 months with 4% fee + GST; NIL prepayment fee if closed after 36 months.

✦ Eligibility Requirements

Salaried employees and self-employed individuals with minimum 2 years continuous employment/business. Min Age: 21, Max Age: 60. Min Net Monthly Salary: ₹25,000. Min CIBIL: 720.

Min Age21 Years

Max Age60 Years

Min Monthly Income₹25,000

Min CIBIL Score720+

✦ Documents Required

• Identity & Address Proof: PAN Card, Aadhaar Card, Passport • Employment Proof: Employee ID card, appointment letter • Financial Proof: Last 3 months payslips, latest Form 16 • Bank Statement: Last 6 months bank statement showing salary credits.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Log into IndusNet or IndusMobile app > Loans > Personal Loan. Pre-approved limit displayed. E-sign via OTP.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit indusind.com > Personal Loans. Submit PAN, Aadhaar, and salary details. Complete Video KYC and e-NACH mandate.

Pathway C

Branch Walk-In Application

1. Visit nearest IndusInd Bank branch with payslips, Form 16, and bank statements.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (IndusInd Bank Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on IndusInd Bank Personal Loan

What is the maximum loan limit in IndusInd Bank?

Up to ₹50 Lakhs depending on your net monthly salary and credit score.

When can I close the loan without penalty?

Foreclosure is completely free of charge after completing 36 regular monthly EMIs.

Is video KYC available for fresh applicants?

Yes, new customers can complete end-to-end digital onboarding via Video KYC.