Your Personal Loan - Approved Instantly!*
Choose your desired loan amount
₹ 2,50,000
Assuming annual interest rate 13% and 60 months tenure
Calculated EMI*
₹ 5,688
Serving Millions of Indians as a Reliable Financial Partner Since 2007
Personal Loan - Get Instant Personal Loan Online
Personal loan from IndiaKredit come with low interest rates for eligible borrowers. Individuals can conveniently apply for a personal loan online from the comfort of their homes. With customised solutions and transparent procedures, we have successfully served millions of customers across India.
Here are some key benefits of an IndiaKredit personal loan:
- Apply for a personal loan online with a 100% paperless process.
- Get collateral-free loans at competitive interest rates, with minimal documentation and flexible repayment tenures.
- Use the funds obtained through your personal loan for various purposes, such as home improvement, wedding arrangements, business needs (for self-employed individuals), family vacations, debt consolidation, or medical emergencies.
Loan Fee Structure
Transparent, competitive & tailored for your goals — all essential charges at a glance
| Fee Type | Applicable Charges |
|---|---|
| Personal Loan Interest Rates |
Starting from 13%* per annum
Based on credit score & eligibility
|
| Personal Loan Limit |
Up to INR 30 lakhs*
Flexible sanction as per profile
|
| Personal Loan Tenure |
12 months to 60 months
1–5 years
Choose EMI that fits your lifestyle
|
| Personal Loan Processing Fees |
Up to 3.75% of the total loan amount + GST
One-time non-refundable fee, applicable taxes extra
|
*Terms & conditions apply. Interest rate starts from 13% p.a. and varies based on applicant's credit score, income, and loan amount. Loan limit up to INR 30 lakhs subject to eligibility & internal policy. Processing fees up to 3.75% + applicable GST. Please refer to the final sanction letter for exact charges.
Instant* approval · Zero hassle
Personal Loan
Benefits & Features
The following features make our instant* personal loans an excellent choice if you’re seeking financial flexibility and a hassle-free borrowing experience.
Personal Loans up to 30 Lakh*
Substantial instant* personal loan amounts that can meet a wide variety of personal or business financial needs.
Attractive Interest Rates @13%* p.a.
Starting at just 13%* per annum our competitive interest rates make personal loan finance more affordable and manageable.
100% Paperless Application
A straightforward online application process requiring minimal documentation saves you time and effort — entirely digital from start to finish.
Quick Disbursal ⚡ within hours*
Prompt disbursement* of funds after final loan approval, allowing you to address your financial needs quickly without unnecessary delays.
Additional Benefits for Existing Customers
Existing customers with a strong repayment history may enjoy special concessionary rates on instant* personal loans and faster processing.
Loyalty privilege
Flexible Tenure & EMI
Choose tenure from 12 to 60 months with customized EMI plans that align with your cash flow — full transparency with zero hidden charges.
*Terms & conditions apply. “Instant” refers to quick in-principle approval subject to documentation and verification. Loan amounts up to ₹30 Lakhs are subject to eligibility, credit assessment, and internal policy. Interest rate starts from 13% p.a. and varies based on credit profile, loan amount & tenure. Disbursal time depends on final verification. Special concessionary rates for existing customers are offered at the bank's discretion based on repayment history.
Documents Required for a Personal Loan
To apply for quick personal loan online with IndiaKredit, you’ll need the following basic documents:
- Duly signed and completed application form
- Identity proof (such as Aadhaar)
- Address proof (such as utility bills or passport)
- Signature proof (such as a passport or PAN card)
- Mandatory - PAN Card/ Form 60
Documents Required for Salaried Individuals
You’ll need the following documents to apply for a personal loan for salaried individuals:
- Salary slips for the last 3 months
- Bank statements for the last 6 months
- Income tax returns or Form 16
Documents Required for Self-Employed Individuals
You’ll need the following documents to apply for a personal loan for self-employed individuals:
- Business proof (such as licence or GST registration)
- Income proof (such as financial statements or Income Tax assessment certificate)
Ensure all documents are submitted for swifter instant* personal loan processing.
You can check the complete list of the documents required for instant* personal loan.
*Please note that additional documents may be required depending on your individual profile and our policy at the time of loan application.
Personal Loan Eligibility
The basic eligibility requirements to apply for a personal loan at IndiaKredit include:
- Age: Applicants must be between 21 (25 for self-employed) and 65 years old.
- Employment: Both salaried and self-employed individuals are eligible to apply for a personal loan.
- Minimum Income: Salaried applicants must earn at least Rs. 25,000 per month in cities like Mumbai or Delhi, and Rs. 16,000* in other Indian cities. For self-employed individuals, the income requirement is per the minimum annual turnover, depending on the industry or profession.
- Credit Score: A credit score of 700 or above is required, along with a strong credit history, to increase your chances of loan approval.
- Nationality : Applicants must be residing citizens of India.
- Work Experience: A minimum of one year of overall work experience is required for salaried applicants. Self-employed applicants must have a business that has been operating for at least 3 years.
*This is the basic personal loan eligibility criteria. The final eligibility will depend on several factors, including our policy at the time of loan application. It's recommended to complete a personal loan eligibility check before applying.
Personal loan interest rates and charges at IndiaKredit are determined by a variety of factors, including the applicant's credit score, employment history, repayment capacity, and the loan amount. Outlined below are the key charges you can expect when applying for an instant* personal loan:
| Fee Type | Applicable Charges |
|---|---|
| Interest Rate | Starting from 13%* per annum |
| Processing Fee | Up to 3.75% of the total loan amount + GST |
| Loan Tenure | 12 to 60 months |
| Lowest EMI Per Month | Starting from INR 1,138* for 60 months |
| Prepayment Charges | 0% to 7%* |
| Loan Cancellation Charges (Loan Cancelled Before 1st EMI) | INR 1000 + GST |
| Cheque/ECS/ACH Direct Debit Dishonour Charges (per dishonour of cheque/ECS/NACH per presentation) | INR 500 |
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