A Personal Loan is an unsecured loan that is granted depending on your income and credit score. IndusInd Bank Personal Loan often provides personal loans of up to 30 times your monthly salary. So, if you have a monthly salary of Rs. 50,000, you can acquire a personal loan of up to Rs. 15 lakhs from IndusInd Bank.

IndusInd Bank Personal Loans – Snapshot

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


Credit Score Requirement

Minimum 750 credit score


A Personal Loan is a sort of financial aid provided by various banks and non-banking financial institutions. It can be used for personal reasons such as a medical emergency, additional education, wedding expenses, vacation planning, and so on. Unlike some other types of loans, there are no restrictions on how the borrowed amount is actually used; the borrower has complete freedom to use the money anyway they see fit.

Before applying for IndusInd Bank personal loans, it is a good idea to consult the Personal Loan EMI Calculator. A personal loan EMI calculator will tell you the anticipated monthly EMI amount you must pay so that you can decide on the loan length you must request from the lender. 

The longer the loan term, the lower the monthly EMI amount. So, before applying for a loan, use several tools such as personal loan EMI calculators and personal loan eligibility calculators to determine your personal loan eligibility.