Apply for Personal Loan Online in Chennai of Up To ₹5 Lakhs @ 10.49%*

Personal Loan in Chennai

From being the headquarter of the British East India Company in the 17^th century to a blooming technology hub in the 21^st century, Chennai has come a long way. Often called the Gateway to South India, the city is a melting pot of cultures, cuisines, and languages where its beaches and ancient temples co-exist harmoniously with its vibrant film industry.

So, whether you are already a resident or starting a new life in the city, you will need to factor in your finances in Chennai - living costs and other expenses. From putting down a deposit for a rented flat to buying a laptop for work, personal loans can help you tide over such kind of expenses. At IndusInd Bank, we offer instant personal loans which can make establishing a life in Chennai much easier.

Features & Benefits of Personal Loan in Chennai

No Physical Documentation

You can apply online through 100% digital paperless application process anytime, anywhere.

No Hidden Charges

Clear mention of all loan conditions with no hidden charges

Instant Approvals

Quick hassle free processing and speedy disbursals

Competitive Interest Rates

Benefit from attractive interest rates leading to lower EMI payments.

No Collateral Required

Simple application process without the need to pledge any security

Flexible Repayment Tenure

Freedom to choose the tenure as per your repayment capacity

Calculate EMI on your Personal Loan

Plan your finances wisely and get a clear understanding of your monthly emi payments even before you apply for the loan using the Personal Loan EMI calculator tool below –

I wish to avail a Personal loan amounting at interest rate for approximately months.

CALCULATE NOW

These Calculations may vary from actual figures. For more details, visit here.

Use our personal loan EMI calculator to calculate your applicable EMIs and determine your annual repayment amount even before applying for a loan.

Avail IndusInd Bank Personal Loan for various purposes

Let’s have a look at various instances where a Personal Loan can come handy –

Home Renovation: Give your home a makeover with the help of a Personal Loan for Home Renovation tailored to cover renovation/remodelling costs, ensuring your living space reflects your style and comfort.

Wedding: Create the perfect celebration of love without financial worries by opting for a Personal Loan for Wedding to cover wedding expenses, from venue bookings to catering and everything in between.

Travel: Embark on your dream getaway with ease by securing a Personal Loan for Travel designed to finance your travel adventures, allowing you to explore new destinations and create unforgettable memories.

Medical Emergencies: In times of unforeseen health crises, a Personal Loan for Medical Expenses can provide the necessary funds to cover medical expenses, ensuring you or your loved ones receive the best care without delay.

Debt Consolidation: Simplify your finances and regain control over your debt with a Personal Loan for Debt Consolidation aimed at consolidating multiple debts into a single manageable repayment plan, helping you achieve financial freedom.

Personal Loan Interest Rates in Chennai

With IndusInd Bank, you can obtain personal loan at attractive rates. .

Personal Loan Interest Rates	Starting from 10.49%
Loan Amount	₹ 30,000 - 50 Lacs
Loan Processing Fees	Upto 3.5%
Loan Tenure	12 - 60 months
Stamp Duty	At actuals (as per state)

*All Fees & Charges are excluding applicable Government taxes or charges

*Online Instant Personal Loan can be availed for loan amounts ranging from Rs. 30,000 to 5 Lacs and tenure ranging 12 - 48 months.

Apply for a Personal Loan in Chennai in a Few Clicks Now!

At IndusInd Bank, the application process for an instant Personal Loan is completely online and paperless. You can apply from the comfort of your home without the need to visit the bank. You can apply for personal loan via 4 simple steps as below –

Step #1: Click on the Apply Now button and let us know your details and loan requirement
Step #2: Choose the offer: Basis your eligibility, we fetch the best offer for you
Step #3: Complete V-KYC and execute the loan agreement digitally
Step #4: Set up auto repayment & get instant disbursement in your bank account

Eligibility Criteria and Documentation for Personal Loan in Chennai

Eligibility Criteria

Whether you are a salaried individual, business owner or a self-employed professional, you can avail IndusInd Bank Instant Personal Loan. You can check your eligibility as per the criteria mentioned here.

Documents Required

IndusInd Bank offers instant personal loans in Chennai, which do not require any physical documents for application. At the time of Video KYC, you need to keep below documents handy:

PAN Card
Proof of Residence (if address as per Aadhaar is not your current address; acceptable documents include Driving License, Voter ID, or Passport)
Optional: 6 months Bank Statement (to increase loan eligibility)

Personal Loan FAQs

For what all purposes can I use Personal Loan for?

A Personal Loan is an unsecured term loan that an individual can use as per his/her personal needs and can be used to cover various types of personal expenses related to travel, home renovation, wedding, emergency etc.
How can I make a personal loan application in Chennai?

You can apply for a personal loan online through a 100% digital application process by visiting the IndusInd bank website.
How long does it take in Chennai to obtain a personal loan?

Post submitting your application, your Personal Loan can be approved and disbursed within few hours in case all details are correct and verified in real-time, else it might take a little bit more time.
What is the minimum salary for a personal loan in Chennai?

You must have a minimum salary of Rs 25,000 to be eligible for a personal loan in Chennai. The higher your salary, the higher your chances of availing personal loan with minimum effort.
What credit score must I have in Chennai to qualify for a personal loan?

Out of 900, a credit score of 700-800 is considered a good score, while a score above 800 is considered exceptionally good.
Why should I take a personal loan from IndusInd Bank?

Whether you are a salaried individual, self-employed individual, self-employed professional, IndusInd Bank offers personal loans at competitive interest rates along with flexible repayment tenures, allowing you to obtain urgent cash loans in Chennai.