{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/categories\/trends\/how-to-get-an-easy-personal-loan\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/categories\/trends\/how-to-get-an-easy-personal-loan\/","headline":"How to get an easy personal loan?","name":"How to get an easy personal loan?","description":"Looking for some additional funds for travel, education, or any other reason? A personal loan is what you need. Applying for a personal loan is as simple as it gets. It is also super easy to repay these small personal loans given the flexible repayment tenures and attractive interest rates provided by lenders. So, if...","datePublished":"2022-08-31","dateModified":"2023-03-20","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/personal-loan-1.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/personal-loan-1.png","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/categories\/trends\/how-to-get-an-easy-personal-loan\/","about":["Trends"],"wordCount":861,"keywords":["Personal loan"],"articleBody":"Looking for some additional funds for travel, education, or any other reason? A personal loan is what you need. Applying for a personal loan is as simple as it gets. It is also super easy to repay these small personal loans given the flexible repayment tenures and attractive interest rates provided by lenders. So, if you are need of a quick influx of cash, here\u2019s how you can apply for a personal loan online today.Step 1: Figure out your requirementThe first step to applying for a personal loan is to figure out how much is it that you need. Determine the amount that you require depending on the purpose that you are availing a personal loan. With IndusInd Bank, you can apply for a personal loan for as little as Rs. 30,000 all the way up to Rs. 25 Lacs.Step 2: Select a vendorThere are many banks and non-banking financial institutions that you can avail a personal loan with. So, the next step is to select which lender to go with. Consider factors like the interest rate offered, application process, lender\u2019s reputation, etc.With IndusInd Bank, you can avail some amazing benefits include some of the most attractive interest rates, flexible repayment schedules, and a complete seamless and online application process. Apply for a personal loan with IndusInd Bank right here.Step 3: Check your eligibilityIn order to apply for a personal loan, you will need to fulfill some requirements that most lenders have. With IndusInd Bank, you will need the following to be eligible for a personal loan:You should be between the age of 21 years and 60 yearsMinimum net monthly income should be Rs. 25,000 in case of salaried employeesShould have completed minimum 2 years of employment and minimum 1 year in current organization in case of salaried employees or a minimum of 4 years of post-qualification experience for self-employed professionalsShould have completed a minimum of 1 year of stay at the current residence, if rentedStep 4: Fill in the application form and choose a tenureNext, you will need to start your application by filling in the lender\u2019s application form. Here, you will need to provide some personal details, the loan amount, and choose the tenure.Choose a tenure that is the right fit for you. A higher tenure will lead to lower EMIs making the loan easier to repay. However, it will also mean that you will have to pay a higher amount in interest costs. So, choose wisely. You can use an EMI calculator to choose a tenure that is best for you.Step 5: Submit the required documents and finish your applicationFinally, you will need to submit the required documents. Most lenders will require you to submit the following documents:Proof of Identity (Passport\/Voter ID\/Aadhar\/PAN)Income proof: Last 3 months\u2019 salary slipBanking: Last 3 months\u2019 bank statementsBottom LineThat\u2019s it! Follow this process and apply for a personal loan whatever your requirement may be. Looking for a personal? Get started today right here.Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.Share This:"}