alanya escort manavgat escort fethiye escort kemer escort didim escort çanakkale escort Aydın escort muğla escort tekirdağ escort manisa escort balıkesir escort trabzon escort elazığ escort ordu escort kütahya escort ısparta escort rize escort maraş escort yalova escort giresun escort yozgat escort tokat escort şanlıurfa escort sivas escort batman escort erzurum escort sinop escort kırşehir escort karaman escort kırıkkale escort bolu escort amasya escort niğde escort uşak escort edirne escort çorum escort osmaniye escort zonguldak escort van escort erzincan escort Hatay escort Aydın escort İzmir escort Ankara escort Antalya escort Bursa escort İstanbul escort Kocaeli escort Konya escort Mardin escort Mersin escort Samsun escort Sinop escort Tekirdağ escort Rize escort Amasya escort Balıkesir escort Çanakkale escort Bolu escort Erzincan escort Şırnak escort Adana escort Van escort Yozgat escort Zonguldak escort Afyon escort Adıyaman escort Bilecik escort Aksaray escort Ağrı escort Bitlis escort Siirt escort Denizli escort Burdur escort Diyarbakır escort Edirne escort Düzce escort Erzurum escort Kırklareli escort Gaziantep escort Giresun escort Kilis escort Kars escort Karabük escort Kırıkkale escort Kayseri escort Kırşehir escort Malatya escort Maraş escort Manisa escort Muş escort Muğla escort Kastamonu escort Ordu escort Nevşehir escort Sakarya escort Osmaniye escort Şanlıurfa escort Sivas escort Trabzon escort Tokat escort Ardahan escort Bartın escort Karaman escort Batman escort Bayburt escort Bingöl escort Elazığ escort Gümüşhane escort Hakkari escort Eskişehir escort Isparta escort Yalova escort Uşak escort Iğdır escort

How does the Indus Bank Loan Eligibility Calculator work?

You can use this calculator by inserting your details such as –

  • Employment type
  • Monthly income
  • Monthly obligations
  • Current EMIs
  • Loan Tenure

Once you enter these details, the calculator will generate your eligible loan amount. Click on the ‘Apply Now’ button, which pops on your screen, and proceed with the loan application.

Aamir is a 30-year-old MNC employee who earns a monthly salary of INR 30,000. He needs a lump sum amount of INR 4 Lakh for his knee surgery. So, he searches for personal loans and comes across two offers one is from IndusInd Bank and one from an NBFC.

The NBFC offers Aamir a loan limit of INR 4 Lakh at an interest rate of 16.00% per annum. He doesn’t know the IndusInd Bank offer so he uses the loan eligibility calculator. According to the online tool, Aamir can borrow up to INR 4,50,000.

How does Indus & Bank affect my availability of personal loans?

Below are the factors used by Indus & Bank to determine your eligibility for a personal loan.

Age – 21-60 years and 25-65 years for employees and self-employed applicants. These eligibility criteria for a personal loan from Indus & Bank help you determine if you are old enough to earn a regular income.
Income – You need to earn a minimum amount of money to get a personal loan from Indus & Bank. The minimum wage of a salaried worker is Rs 25,000 However, IndusInd Bank requires a net income of Rs 4.48 million per annum.
Experience – A steady source of income for an experienced entrepreneur or employee. Therefore, if you are a salaried employee, you must have two years of work experience and you must have worked in your current organization for at least one year. Continuing education experience for self-employed applicants is four years for professionals and five years for non-professionals.
Years of use in current home – If you are a renter, you must live in your current home for at least one year. This is because the bank requires the fixed address of the borrower. Not everyone who has just moved into a new house can get a personal loan from Indus & Bank.

Submit valid documents to Indus & Bank.

To prove your eligibility to IndusInd Bank, you need to submit the following documents –

  • Identity Proof such as Aadhaar Card, PAN Card, Driving License
  • Form 16, ITR for the last three years
  • Latest three months bank statements in which your salary is credited

By checking the above documents, the bank knows your Personal Loan Eligibility and you can check online for IndusInd Personal loan EMI Calculator. In case of misinformation or fraud, your loan application will be rejected immediately.