IndusInd Bank Personal Loan Interest Rates, EMI Eligibility Calculator
Looking for IndusInd Bank personal loan calculator? Compare with others on Interest Rates, EMI, Loan amount, process, approval time, and application status & loan eligibility through emicalculator-india.com
IndusInd Bank offers personal loans from 1 lakh to 20 lakh at interest rates of 11.25%. Processing fees are Up to 2.50% of loan amount plus tax. IndusInd Bank disbursed loan in your account within 48 working hours. IndusInd Bank offers Part pre-payment option to borrowers for easy repayment. IndusInd bank repayment period are 1 to 5 years. Minimum net monthly income should be Rs.25000 for salaried and Minimum annual net income post tax should be Rs.4.8 lakh for self employed / business man
About Bank – IndusInd Bank Limited is a Mumbai based Indian new generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services.
Customer service: 1860 500 5004
Headquarters: Mumbai
Quick Apply For Personal Loan
IndusInd Bank Personal Loan Details
| Interest Rates | 11.25% onwards |
| lowest emi per lakh for 5 years | Rs. 2187 |
| Processing Fee | Up to 2.50% of loan amount plus tax |
| Prepayment Charges | Up to 4% on total principal outstanding at the time of calculating the amount |
| Repayment | 5 Years |
| Age | 21 – 55 |
| Loan Amount | 30 lakh for Salaried, 10 Lakh for entrepreneurs |
| Disbursal Time | 2-5 days |
| Minimum Income Per Month | 25000 |
| Bank | IndusInd Bank |
IndusInd Bank Personal Loan Eligibility Criteria
For Salaried Employees – Minimum age 21 to 60 years or retirement age whichever is earlier, monthly income should be Rs.25000, minimum 2 years in employment, minimum 1 year of stay at the current residence, if rented.
Self-Employed Professionals / Self-Employed Individuals – Minimum age should be 25 years and maximum age at loan maturity should be 65 years, minimum annual should be Rs.4.8 lakh, (4 years of post qualification experience for self-employed professionals & 5 years of post qualification experience for self-employed individuals).
Documents Required for IndusInd Bank Personal loan
Identity Proof – Passport, photo pan card, driving license, votes id card, photo ration card
Address Proof – Passport, telephone bill, ration card, electricity bill, driving license, life/medical insurance policy, rental agreement, apartment allotment letter
What is Personal Loan EMI?
Personal Loan EMI is the ‘Equated Monthly Instalment’ that you pay until the final repayment of your personal loan. EMI is a simple monthly break-up of the total principal plus interest amount for the purpose of easy repayment. Calculating the EMI amount beforehand becomes vital in deciding the amount you would like to loan and in planning its repayment without affecting your monthly budget. Our Personal loan EMI Calculator helps you to determine your exact EMI in correspondence with your desired loan amount, loan tenure and interest rate.
For calculate monthly emi, enter your required loan amount, interest rate & repayment period. Example if you take 5.00 lakh of loan amount at 11.50% ROI for 4 years your emi would be Rs. 10996/- per month.
Pre-calculated emi for personal loan as per interest rates, loan amount and tenure.
| Loan Amount | Tenure In Years | Interest Rate | Monthly EMI |
| 50000 | 5 | 11.25% | Rs. 1,093 |
| 100000 | 5 | 11.25% | Rs. 2,187 |
| 150000 | 5 | 11.25% | Rs. 3,280 |
| 200000 | 5 | 11.25% | Rs. 4,373 |
| 250000 | 5 | 11.25% | Rs. 5,467 |
| 300000 | 5 | 11.25% | Rs. 6,560 |
| 350000 | 5 | 11.25% | Rs. 7,654 |
| 400000 | 5 | 11.25% | Rs. 8,747 |
| 450000 | 5 | 11.25% | Rs. 9,840 |
| 500000 | 5 | 11.25% | Rs. 10,9334 |
| 600000 | 5 | 11.25% | Rs. 13,120 |
| 650000 | 5 | 11.25% | Rs. 14,214 |
| 700000 | 5 | 11.25% | Rs. 15,307 |
| 750000 | 5 | 11.25% | Rs. 16,400 |
| 800000 | 5 | 11.25% | Rs. 17,494 |
| 850000 | 5 | 11.25% | Rs. 18,587 |
| 900000 | 5 | 11.25% | Rs. 19,681 |
| 950000 | 5 | 11.25% | Rs. 20,774 |
| 1000000 | 5 | 11.25% | Rs. 21,867 |
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.