IndusInd Bank offers Personal Loan to all salaried individuals with a steady income; government employees of public sector undertakings (PSUs), including central, state and local bodies can also avail these personal loans. These personal loans come with a repayment tenure of up to 5 years. 

IndusInd Bank offers collateral-free personal loans to government personnel based on their salaries. Apply from the convenience of your own home, using Netbanking or the IndusInd website. Documentation requirements are minimal. Get approved in less than 48 hours and the money in your account the next day. Loan Particulars

Rates and Charges

Interest Rate

10.49% - 31/50%%

Loan Processing Charges

Up to 2.50% of the loan amount

Pre-Payment Charges 

No pre-payment in part or fully permitted until repayment of 12 EMIs. Prepayment penalties, if any, would be imposed on the outstanding loan amount. The exact amount for pre-closure of the loan is accessible in the bank's Foreclosure Letter. The TAT (Turn Around Time) for a Foreclosure Letter is 15 working days from the date of request.