Why IndusInd Bank is the Right Option for Online Personal Loans?Estimated reading time: 3 minutes
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Why IndusInd Bank is the Right Option for Online Personal Loans?

Posted on Wednesday, January 12th, 2022 | By IndusInd Bank

A personal loan is like the proverbial all-weather friend that stands by you in this hour of need. Be it an unforeseen medical emergency, an opportunity to obtain higher education abroad, or a long-awaited home renovation, a personal loan helps fulfil an array of needs that may arise over the course of one’s life. Popular among borrowers across age groups, this type of loan is unsecured – or collateral free – and easy to apply for. Digitization has further simplified the application and disbursal procedure, ensuring borrowers get instant access to funds through a personal loan online.

IndusInd Bank – The Right Option for Personal Loan Online

One of the most customer-friendly online personal loans available on the market today is the Indus Easy Credit personal loan from IndusInd Bank. From ease of applicability to attractive interest rates, it is characterized by best-in-class features. Here are seven reasons why IndusInd Bank is the best option for an instant personal loan online:

  • Involving just four steps, the online application procedure is 100% paperless and digital, eliminating the need to visit a bank branch.
  • With simple documentation, no requirement of collateral, and swift processing, obtaining the loan is quick and hassle-free.
  • Disbursal of funds is speedy, making it helpful in crisis situations like a medical emergency.
  • Loan repayment tenure is flexible – ranging from 12 to 60 months – allowing you to pay back in your own time.
  • Added convenience features like doorstep servicing.
  • Low processing fees and attractive rates of interest.
  • Availability of loans tailor-made to meet various needs such as home renovation, wedding, and higher education.

How to Apply for Indus Easy Credit Personal Loan Online?

It is advisable to keep your identity, address and income proof documents handy before applying. Apply for a personal loan online in just these four easy steps

  1. Enter your details and loan requirement.
  2. A customized loan offer, best suited to your specific requirements, is made.
  3. Put your digital signature on the contract for instant disbursement of funds in your bank account.
  4. Complete the process with Video KYC verification and auto-repayment set-up.

The eligibility criteria for self-employed individuals is the same as self-employed professionals, except that self-employed individuals should have a minimum of 5 years of post-qualification experience.

It is always prudent to figure out your finances before applying for a personal loan. You could calculate your expected Equated Monthly Instalments (EMIs) with the help of the personal loan EMI calculator. Apply for a personal loan online now and get the requisite funds you need!

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.

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