Boost Your Career with an IndusInd Bank Personal Loan for Education

Posted on Monday, August 22nd, 2022 | By IndusInd Bank

22-year-old Anam has recently secured an MBA seat at a premier institute. The only thing stopping her from accepting the position is money. She doesn’t only require a significant sum but needs it quickly. Ankita and her parents have a decent credit score and all the documents needed for the loan. But, submitting them to a lender and awaiting verification is cumbersome and can take time.

At this point, Ankita’s friend recommended that she procure a personal loan from IndusInd Bank, which proved to be a saviour. Not only could she apply for a personal loan online, but she could also getpersonal loan instant approval.

If you are facing a similar situation like Ankita, don’t give up on a great education opportunity. Instead, apply for an instantpersonal loan with us at IndusInd Bank!

How to Apply for a Quick Personal Loan Online at the IndusInd Bank?

Like Ankita, you simply need to go through the following four steps to apply and receive approval for a personal loan for education instantly.

1. Head to our website and click “Apply Now” to apply for a personal loan online. A form will open where you input your details and loan requirements.
2. Based on your details, you will be able to see the best personal loan offers we can provide.
3. After selecting one of the options, the portal will redirect you towards a V-KYC or Virtual KYC and auto-repayment setup.
4. Once done with this, you’ll sign a contract with us digitally and instantly receive funds in your bank account.

Features and Benefits of Applying for Personal Loan Instantly With IndusInd Bank

Here are the top features and benefits of applying for an instant personal loan at IndusInd Bank:

Instant Processing

After applying, we verify your documents and award approval instantly. With us, you don’t have to wait around in suspense and can focus on other critical tasks such as, planning your trip, booking tickets, figuring out accommodation, etc.

Low Personal Loan Interest Rates

If you think we charge a high or special interest rate in exchange for sanctioning quick personal loans online, we don’t. You will find we offer an enormous range of affordable interest rates, which will make EMI payments easier.     

Flexible Tenures

Since we offer a wide range of tenures between 1 and 5 years, you can repay your loan as per your comfort. Often students wish to repay their loans after finishing their degree. They can do so with our flexi-personal loan tenures. 

Minimal Documentation

We don’t ask for any documentation hardcopy. You must submit your paperwork softcopies while filling out the online application. Here are a few documents you must keep handy when filing your online application.

• Identity proof – can include a self-attested copy of your Aadhaar Card, PAN Card, Voter ID, passport, or driving license (any 1)
• Address proof
• Income proof – can include Form 16. If you don’t have that, then IT returns for the last 3 years, salary slips for the previous 3 months if salaried, profit and loss statement if self-employed, and last 3 months’ savings account statements. Note self-employed individuals must submit 6 months statements from their Practice Current Accounts as well.

Zero-Collateral

We offer unsecured instant personal loans for education. This means you don’t need to pledge any collateral or bank guarantee, such as property, investments, etc. If you have the required documents and healthy credit history, your chances for approval of the zero-collateral personal loan remain high 

Conclusion

Don’t let a shortage of funds stall your career. Get the best education you can! Get a personal loan for education instantly by partnering with the IndusInd Bank. Fill out your application in minutes andget online personal loan approval.

Click here to start your application today!

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.