Indiabulls Bank Personal Loan

Indiabulls Personal Loans are a convenient financing option that comes with no foreclosure and part payment charges. Personal Loans are used for various purposes like Children's Education, Medical Emergencies, Wedding Expenses, Home Renovation, Starting a Business, or even for closing any other Financial Liabilities.

Indiabulls is known as a quick and competitive bank. It provides hassle-free Personal Loan facilities for salaried individuals at attractive Rates of Interest. Along with this the whole procedure is very simple, requiring minimum documents, easy repayment options, lowest EMI. Apply for Indiabulls Personal Loan through LoanMoney to avail of the lowest interest rates with simple documentation.

Features of Indiabulls Personal Loan

Flexible Repayment Tenure
Attractive Rate of Interest
Lowest Processing Fee
Easy Application Process
Door-step Services

Fee	Amount to be Paid
Rate of Interest	11.99% to 20%
Loan Processing Charges	3%
Cheque Bounce Charges	NA
Cheque/ Instrument Swap charges	NA
Prepayment/ Foreclosure Charges	NA
Default Interest Rate	NA
Duplicate Statement Issuance Charges	NA
Duplicate Amortization Schedule Charges	NA
Duplicate Interest Certificate	NA
S(Provisional/ Actual) issuance Charges	NA

Loan Amount: Rs. 1 Lac to 40 Lacs
Rate of Interest (APR)*:10.75% to 22.50%
Repayment Tenor: 12 Months to 60 Months
Processing Fees: 0.75% to 2.50% + GST as applicable
Prepayment/ Foreclosure:Nil (After 12 months) or 1% - 4% (Before 12 months)

Illustration: Rs. 1 Lac loan on @10.75% with processing Fees for 60 Months comes to Rs. 1,29,708/- Equated Monthly Instalment shall be: Rs. 2,162/- only.

APR* - Annual Percentage Rate

The following people are eligible to Apply for Indiabulls Personal Loan:

Salaried Doctors, CAs, salaried employees of MNC, Private Ltd., Public sector undertakings, including central, state, and local bodies
Salaried Individuals between 21 and 60 years of age
Salaried Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer.
Those who earn a minimum of Rs. 25,000 net income per month.

Particulars	Salaried	Self Employed	Professional
Age(Min-Max)	21 To 60 Years	NA	NA
Minimum Income	Min. Rs. 25000/- p.m	NA	NA
Co-applicant	NA	NA	NA
Loan Tenure	6 To 36 Months	NA	NA
Maximum Loan Amount	Up to 15 Lacs	NA	NA
Employment/Business Continuity	1 Year	NA	NA
CIBIL Score	Minimum CIBIL Score Required - 650	NA	NA

Documentation required for Salaried Individuals

Application Form with 2 Passport size Photo
Proof of Identity: PAN Card / Aadhaar Card, Valid Passport, Ration Card
Proof of Address: Valid Passport, Voter ID Card, Driving License, Latest Utility Bill.
3 Months Bank Statement of Salary Account
Latest 3 Month Salary Slips
Form 16 / Office I-Card
1 Year Job Continuity Proof

Post-sanction / Pre-Disbursement Documentation Required

Other documents required after approving the loan and before disbursing the amount. The documents are as follows:

Security Cheques required for SI and ECS
Loan Agreement duly signed by the customer
Document proof required from Borrower may change from case to case.
Qualification or Registration Proof is required for doctors, architects, CAs, ICWAs, CS, MBA Consultants, and Engineers.

Disclosures & Disclaimers

There are various factors to consider while taking a Personal Loan in order to assure the borrower gets the best possible deal. Factors such as:

* APR - Annual Percentage Rate: Annualized cost of borrowing Includes and shown as percentage:

Interest rate, Processing fees, Documentation fees and other fees

Loan Amount:1 Lac to 1 Cr
Rate of Interest (APR)*: Minimum :10.25% to Maximum: 18%
Repayment Tenor: Minimum: 12 Months to Maximum: 84 Months
Processing Fees: Min. Rs. 999/- + GST to Max. 4719/-
Prepayment/ Foreclosure:Nil (After 12 months) or 1% - 4% (Before 12 months)

Illustration

Rs. 1 Lac loan on @10.25% with processing Fees for 84 Months comes to Rs. 1,40,537/- Equated Monthly Installment shall be: Rs. 1,673/- only. Processing Fess 2 % Plus Stamp Duty Rs. 100/- to 500/- depending on State to State.

Disclaimer: www.easy-personal-loan.com is a loan aggregator and is authorized to provide services on behalf of its partners with best guaranteed deals

APPLY Indiabulls BANK PERSONAL LOAN FOR 84 MONTHS @ 10.25%