Indian Bank Personal Loan Key Features
|Age||21 – 60 (at loan maturity)|
|CIBIL score||Minimum 700 or above|
|Indian Bank Personal Loan Interest Rate||9.99% per annum|
|Lowest EMI per lakh||Rs 2275|
|Tenure||12 to 60 months|
|Indian Bank Personal Loan Processing Fee||1%|
|Minimum Loan Amount||Rs. 50,000|
|Maximum Loan Amount||Rs. 10 Lakh|
Each Feature Explained in Detail Below
Indian Bank Personal Loan Eligibility Criteria
Eligibility criteria for a personal loan:
|CIBIL score||700 and Above|
|Age||21 – 60 years|
|Min Income||Rs. 20000/month|
Indian Bank Personal Loan Interest Rates and Charges
|Indian Bank Personal Loan Interest Rate||9.99% per annum|
|Indian Bank Personal Loan Processing Charges||1%|
|Stamp Duty||As per state laws|
|Cheque Bounce Charges||As per bank terms|
Indian Bank Personal Loan Documents Required
|Proof of Identity||Copy of:
> Driving License
> Aadhar Card
> Voter ID Card
|Proof of Address||Rent Agreement (Min. 1 year of stay)
Passport (Proof of permanent residence)
|Proof of Income||> ITR: Last two Assessment years
> Salary Slip: Last 6 months
> Bank Statement: Last 3 months
Indian Bank Personal Loan EMI Calculator
Indian Bank Personal Loan Compared to Other Banks
|Bank||Interest Rate||Tenure||Loan Amount & Proc Fee|
|Indian Bank||9.99%||12 to 60 months||Up to Rs. 10 lakh / Up to 1 % of the loan amount|
|HDFC Bank||11.25% to 21.50%||12 to 60 months||Up to Rs. 40 lakh / Up to 2.50% of the loan amount|
|Bajaj Finserv||Starting from 12.99%||12 to 60 months||Up to Rs. 25 lakh / Up to 3.99% of the loan amount|
|Axis Bank||15.75% to 24%||12 to 60 months||Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount|
|Citibank||Starting from 10.99%||12 to 60 months||Up to Rs. 30 lakh / Up to 3% of the loan amount|
|ICICI Bank||11.50% to 19.25%||12 to 60 months||Upto Rs. 20 lakh / Up to 2.25% of the loan amount|
Other Loan Products from Indian Bank
|Gold Loan||Car Loan||Home Loan||Business Loan|
|TWL||LAP||Credit Card||Education Loan|
Why should you apply for Indian Bank Personal Loan with Dialabank?
- Dialabank helps you choose the best financial products without any hassle.
- We make it convenient for you to decide what loan you should avail in order to fulfill your needs.
- We provide you with the lowest interest rates available for you.
- With Dialabank, you have a trustworthy friend for your financial needs.
How to Calculate EMIs for Indian Bank Personal Loan
You can use the EMI calculator given below.
Indian Bank Personal Loan Processing Time
Indian Bank has a personal loan processing time of 48 to 72 hours. As the personal loan is unsecured, banks have to carefully verify all your documents and details.
Indian Bank Personal Loan Preclosure Charges
Indian Bank provides you with the foreclosure facility on your personal loan without any extra charges. You can pay back your personal loan when you have the required funds.
Indian Bank Calculated EMI for Personal Loan
Types of Indian Bank Personal Loan
Indian Bank Marriage Loan
Marriages are one of the costliest events and often lead to worry. Indian Bank provides low-interest personal loans with high quantum to help you meet your wedding expenses.
Indian Bank Personal Loan for Government Employees
Central and state government employees can apply for an Indian Bank personal loan to meet their personal financial expenses. The bank has personal loan offers for all your needs.
Indian Bank Doctor Loan
Doctors and medical professionals with at least 4 years of experience can apply for a personal loan from Indian Bank and enjoy a range of offers for their personal and professional needs.
Indian Bank Personal Loan for Pensioners
Individuals with their pension accounts with the Indian Bank can apply for a personal loan to meet their post-retirement financial needs. The bank has special offers for all the pensioners.
Indian Bank Personal Loan Balance Transfer
Personal Loan Balance Transfer is the process of transferring your existing personal loan to another bank for lower interest rates and better loan terms. You can apply for an Indian Bank personal loan balance transfer to lower your financial burden.
Indian Bank Personal Loan Top Up
Indian Bank personal loan top-up is a facility that allows you to avail of additional money under the same existing personal loan without any need to apply for a fresh loan. Dialabank gives you convenient options to choose the best personal loan offers.
Indian Bank Personal Loan Status
You can check the status of your personal loan by;
- Visiting the branch in person and asking your loan officer.
- Contacting the customer care number of the bank.
How to apply for Indian Bank Personal Loan
To apply for Indian Bank online or offline, you need to follow different procedures for personal loan approval. Here we are listing the instructions you should follow to apply for Indian Bank Personal Loan:
- Visit the website of Dialabank.
- Besides, you can visit the Indian Bank Personal Loan on Dialabank.
- There, you can analyze the right choice for yourself.
- After choosing the loan scheme, you can fill a simple online form with your personal details.
- Once you submit the form, our representatives will connect with you.
- They will further assist you in the whole loan approval process.
- You can know more by calling on 9878981166.
FAQs About Indian Bank Personal Loan
✅ How to apply for Indian Bank Personal Loan?
You can apply for a personal loan with Indian Bank through visiting the nearby branch of Indian Bank or by a simple form submission with Dialabank. With Dialabank, you will get the benefit to apply from anywhere for a personal loan and get your approval faster.
✅ What is the Interest Rate for Indian Bank Personal Loan?
The interest rate charged by the Indian Bank starts at 9.99% per annum for their personal loan products.
✅ What is the minimum age for getting a Personal Loan from Indian Bank?
You must be 21 years old to apply for a personal loan with Indian Bank.
✅ What is the maximum age for getting a Personal Loan from an Indian bank?
The maximum age for getting a personal loan from Indian Bank is 60 years.
✅ What is the minimum loan amount for Indian Bank Personal Loan?
The minimum loan amount can avail for a Personal Loan from Indian Bank is up to Rs 50,000.
✅ What is the maximum loan amount for Indian Bank Personal Loan?
You can avail of a maximum loan amount of Rs. 10 lakhs under the personal loan scheme from the Indian Bank.
✅ What are the documents required for Indian Bank Personal Loan?
Aadhaar card/Voter ID, PAN card, salary slips of the last 6 months, the ITR files of the last two years, and two recently clicked photographs are required documents for a personal loan from Indian Bank.
✅ What is the Processing Fee for Indian Bank Personal Loan?
The processing fee charged by Indian Bank is up to 1% of the loan amount for the personal loan.
✅ How to get Indian Bank Personal Loan for Self Employed?
Indian Bank avails special offers for self-employed borrowers to assist them financially. You will have the ITR files of the last two years as your income proof.
✅ What is the Maximum Loan Tenure for Indian Bank Personal Loan?
The maximum loan tenure period for a personal loan from Indian Bank is 60 months.
✅ What should be the CIBIL Score for Indian Bank Personal Loan?
You must have a CIBIL score of at least 700 or above for availing a personal loan from Indian Bank.
✅ Do I have a pre-approved offer for Indian Bank Personal Loan?
You can check for your personal loan pre-approved offers from Indian Bank with Dialabank. Just fill the form at Dialabank, and we will check all the offers for you and get back to you to help you choose the best one.
✅ How to calculate EMI for Indian Bank Personal Loan?
You can use the EMI calculator available at Dialabank’s website for the calculation of your EMIs of personal loan from Indian Bank.
✅ How to pay Indian Bank Personal Loan EMI?
Your personal loan EMIs from Indian Bank are automatically take off from your bank account on a monthly basis. You can also use the net-banking services of Indian Bank for your personal loan payments.
✅ How to close Indian Bank Personal Loan?
You will pay all the outstanding personal loan amount before closing the loan and then contact the Indian Bank branch for getting your no dues certificate.
✅ How to check Indian Bank Personal Loan Status?
You will require the visit the Indian Bank branch to know the status of your personal loan. Alternatively, visit Dialabank and fill a simple form to let us do the hard work for you.
✅ How to close Indian Bank Personal Loan Online?
For the closing of a personal loan from Indian Bank involves the following steps:
- Visit the net-banking page of the Indian Bank.
- Login with your details.
- Pay for your personal loan amount.
- Save the transaction receipt.
✅ How to pay Indian Bank Personal Loan EMI Online?
Your personal loan EMI can be paid through the net-banking services of the Indian Bank. Dialabank assists you in comparing offers and deals from various banks to choose the best, to avail of a low-EMI personal loan. All you have to do is fill a simple form, and we will do the rest for you.
✅ How to check Personal Loan Balance in Indian Bank?
To check the personal loan balance in Indian Bank, you will require to contact the Indian Bank’s customer care number. If you are seeking for low-interest personal loans, you must visit Dialabank and fill a simple form for Personal Loan Balance Transfer, and we will do the hard work for you.
✅ How to download Indian Bank Personal Loan Statement?
The personal loan statement of the Indian Bank can be downloaded through the mobile banking app of the Indian Bank. You can visit the online platform of Dialabank and fill a simple form to compare and know all the offers that we have for you.
✅ How to Top Up Personal Loan in Indian Bank?
If you want a top-up on your personal loan from Indian Bank, you must visit the bank branch and contact the loan officer. You can also fill a simple form with Dialabank at Personal Loan Top Up and leave the rest to us.
✅ What happens if I don’t pay my Indian Bank Personal Loan EMIs?
Indian Bank charges a penal interest if you don’t pay your personal loan EMIs. You can apply for a balance transfer through Dialabank to get low-interest personal loans.
✅ How to find the Indian bank Personal Loan account number?
You will require to contact your Indian Bank loan branch to check your personal loan account number. Also, fill out the form available at Dialabank and let us do all the work for you.