One of India’s top financial services brands, IndusInd Bank is headquartered in Mumbai. Manmohan Singh, the Union Finance Minister, inaugurated the Bank in April 1994.
They are a provider of banking solutions and partnered with more than 34 million worldwide including individuals, government entities, and various large corporations. They have 2878 ATMs and 2606 branches within India. Further, this financial institution has representative offices in Dubai, London, and Abu Dhabi.
The bank covers various services for individuals and corporates, including personal loans, microfinance, credit cards, commercial vehicle loans, and SME loans.
Their Mission:
- They are providing sustainable, growth, and profit to their stakeholders.
- A trustworthy business partner for its clients.
- Constantly working to provide banking solutions to its client as required.
- A market leader in terms of technology, efficiency, productivity, and profitability.
Some of the features of its Personal Loan:
- To get a personal loan with IndusInd Bank, there is simple documentation and quick processing.
- Pick a comfortable loan tenure between 1 to 6 years.
- Now, Clients can enjoy doorstep services.
- IndusInd bank offers various personal loans including for Education, Home Renovation, Medical Expenses, Balance transfers, and Weddings.
Eligibility Criteria for Personal Loan
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Salaried Employees
- To get a personal loan, the minimum age should be 21 years.
- Maximum age should be 60 years or retirement age whichever comes first.
- You must have a minimum net income of Rs.25000
- A person must have completed 2 years of employment and at least 1 year in the current organization.
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Self Employed Professionals
- Minimum age should be 25 years.
- Maximum age should be 65 years at the maturity period.
- Minimum annual net income should be Rs. 4.8 lakh after tax.
- A person should have 4 years of experience after graduation.
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Self Employed Individuals
- Minimum age should be 25 years.
- Maximum age should be 65 years at Maturity period.
- minimum annual net income should be Rs. 4.8 lakh after tax.
- A person should have 5 years of experience after graduation.