Features and Benefits

Minimum annual net income post tax should be `4.8 lacs Should have 4 years of post qualification experience

Eligibility for Self-employed Individual

Obtain a loan easily with Simple Documentation, Quick Processing and Speedy Disbursal. Choose Loan Tenure as per your convenience ranging from 1 to 5 years. Enjoy the convenience of Doorstep Service. Get the best in class Interest Rates. You need not worry about Collaterals or Guarantors. Get rid of your high interest debt through Balance Transfer Option. Choose a convenient repayment option from, IndusInd Bank A/C Debit or ECS from your other Bank. This category includes self-employed sole proprietors, directors and partners in the business of manufacturing, trading or services. Minimum age at the time of application should be 25 years Maximum age at loan maturity should be 65 years Minimum annual net income post tax should be `4.8 lacs. Should have minimum 5 years of continuous business experience

Documentation

Eligibility

Documentation for Salaried Employee

Proof of Identity: Passport / Driving License / Voters ID / PAN Card/ card issued by UIDAI containing the details of name, photograph, address and Aadhaar number.

Eligibility for Salaried Employee

This category includes Salaried Doctors, Chartered Accounts, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings and central, state and local bodies. Minimum age at the time of application should be 21 years Maximum age at loan maturity should be 60 years Minimum net monthly income should be `25000 Should have completed minimum 2 years in employment and minimum 1 year in the current organization Should have completed minimum 1 year of stay at the current residence

Proof of Residence: Leave and License Agreement / Ration Card/Utility Bill (not more than 3 months old) / Valid Passport - provided the passport address is present address mentioned in application form. Proof of Income: Latest 3 months salary slip / salary certificate and latest form 16 Bank Statements: latest 3 months bank statement (where salary is credited).

Documentation for Self-employed Professional

Proof of Identity: Passport / Driving License / Voters ID / PAN Card/ card issued by UIDAI containing the details of name, photograph, address and Aadhaar number. Proof of Residence: Leave and License Agreement / Ration Card/Utility Bill (not more than 3 months old) / Trade license/Establishment/Sales tax certificate/ Valid Passport - provided the passport address is present address mentioned in application form. Business (current account) Bank Statements (latest 6 months bank statement /passbook) Proof of Qualification: Highest professional degree.

Presenting IndusInd Bank personal loans, Now you dont have to wait to fulfill your dreams. Be it renovating your home, going on your dream vacation or buying your special someone that coveted gift, count on us to make it happen. Fulfill all your financial needs with our hassle free personal loans, which are designed to help you live life to the fullest

Eligibility for Self-employed Professional

This category includes Self-employed Doctors (MBBS and higher degree), Architects, Chartered Accountants, Company Secretaries, Engineers and MBA consultants. Minimum age at the time of application should be 25 years Maximum age at loan maturity should be 65 years

 Latest 2 years ITR along with computation of income, B/S, P&L a/c with all schedules certified by a CA. Profession continuity proof

requisite documentation charges is payable upfront. This fee will be deducted from the Loan amount at the time of disbursal. How can I repay my Personal Loan? You pay the loan in equal monthly installments (EMIs). The loan will be paid through ECS. You can also pay through a standing instruction to debit your IndusInd Bank account with the EMI amount. What security do I need to provide to obtain this loan? To obtain the loan, there is absolutely no need to provide any security or collateral. Can I prepay my loan? You can prepay the entire loan outstanding anytime after paying 6 installments for Salaried Clients and any time after 12 installments for Self Employed Clients. Prepayment charges as applicable would be levied on the outstanding loan amount. Is part-prepayment of a Personal Loan allowed? Part prepayment is not allowed. The loan has to either be prepaid in full or serviced for the contracted tenure. How do I approach IndusInd Bank for a Personal Loans? You can approach us in any of the following ways: Call us at our 24 hour Customer Care No. 1860 500 5004 / +91 22 44066666 Write to us @ reachus@indusind.com SMS PL to 567657

Schedule of Charges

Documentation for Self-employed Individual

Proof of Identity: Passport / Driving License / Voters ID / PAN Card/ card issued by UIDAI containing the details of name, photograph, address and Aadhaar number. Proof of Residence: Leave and License Agreement / Ration Card/Utility Bill (not more than 3 months old) / Trade license/Establishment/Sales tax certificate/ Valid Passport - provided the passport address is present address mentioned in application form. Business (current account) Bank Statements(latest 6 months bank statement /passbook) Latest 2 years ITR along with computation of income, B/S, P&L a/c with all schedules certified by a CA. Business continuity Proof: Trade license/Establishment /Sales Tax certificate) Additional Mandatory Documents: Sole Proprietorship Declaration / Certified copy of Partnership Deed / Certified copy of MOA, AOA & Board resolution. In case of income derived from a partnership firm, latest 2 years partnership firm's B/S, P&L a/c with all schedules certified by a CA.

Interest Rate Processing Fees Prepayment Charges

Up to 23% p.a. Up to 2.50% of loan amount subject to a minimum of ` 1,000 plus tax Salaried: 4% of the principal outstanding after repayment of 12 EMIs. Self Employed: 4% of the principal outstanding after repayment of 6 EMIs

Payment Dishonor Charges Duplicate Statement Charge Cheque / ECS / SI Swapping Charges Duplicate No Dues Certificate Duplicate Amortization Schedule Charge Loan Re-Booking / Rescheduling Charges Loan Cancellation Charges Charges for Photocopy of Agreement / Documents Penal Charge Legal Charges Stamp Duty CIBIL Report

` 450/- plus tax ` 250 per instance plus tax ` 500/- plus taxes per event ` 250/- plus taxes per event ` 250/- plus taxes per event ` 1000/- plus taxes per event ` 1000/- plus taxes per event ` 250/- plus taxes per event ` 150/- plus taxes, Per EMI delay beyond 5 days As per Actuals As per State laws ` 50/- per instance

Frequently Asked Questions

Or you can simply walk into any of our branches, in the select cities where we offer Personal Loans Do I need to open an account with IndusInd Bank for availing and/or servicing the loan?

What are the minimum and maximum loan amounts? You can avail of loans ranging from ` 50,000 to 15,00,000 depending on your eligibility, income, nature of job and repayment capacity. What are the loan tenure options? You can repay your loan over a period of 12 to 60 months. How long will it take for my Personal loan to be approved? Your loan will be disbursed within 4-7 working days post receipt of the required documents. All loan approvals are at the sole discretion of the bank. Are there any additional charges? A processing fee of a maximum of 2% of the loan amount and

We will encourage you to start a banking relationship with us so that we will be able to offer a host of other value added services which are complementary to the loan, however opening an account with us is not mandatory. Do I get special privileges as a IndusInd Bank Customer? As a IndusInd Bank Customer, you will be offered special interest rates, asked for minimal documentation and your application will be processed on priority. Having an account with us enables us to assess your financial requirements better; and assists us in providing you with services and loan amount commensurate with your payment ability and requirement. List of cities where IndusInd Bank Ltd offer Personal Loans Mumbai Bangalore Delhi Pune Chennai