About Indiabulls Personal Loans

A prominent Indian conglomerate, Indiabulls is a group of companies headquartered in Gurugram, Haryana and has its presence in various sectors like securities, housing finance, infrastructure and real estate. The group was founded by Sameer Gehlaut in the year 1999 and has three primary listed companies – Indiabulls Real Estate Ltd (IBREL), Indiabulls Ventures Ltd (IBVL) and Indiabulls Housing Finance Ltd (IBHFL).

Indiabulls Consumer Finance Ltd (IBCFL) is a Nonbanking Finance Company (NBFC) and a wholly-owned subsidiary of IBVL. It offers personal loans for all kinds of immediate needs of people and has a dedicated product for each one of such needs, for instance, instant personal loan, used car loan, two wheeler loan, travel loan, medical loan and wedding loan. Other than that, you can avail Indiabulls personal loan to cover any other expense in any which way you like. There is no need of mentioning the reason while taking the loan. Their Instant Personal Loan product is called ‘Dhani’ through which you can get up to INR 15 lakh personal loan instantly into your account. It is already a big hit in the market.

We have provided more details related to Indiabulls personal loan such as its eligibility criteria, major features and applicable charges below.

Personal Loan Eligibility Criteria for Salaried / Self-Employed

Indiabulls personal loan can be availed by any individual as long as he/she is earning a regular monthly income as a salaried person or a self-employed professional/nonprofessional. You can apply for the loan instantly and will need to have your address proof, bank credentials, PAN card and personal details handy to avail it successfully. There is no need of physically submitting any documents as you can just upload them in a hassle-free way. More specific and up-to-date details related to Indiabulls personal loan eligibility criteria including minimum/maximum age, credit score etc. are provided below.

18 – 65 years

Age (Min – Max)

4k – 65k

Minimum Income (Metro Cities)

4k – 65k

Minimum Income (Other Cities)

18 – 65 years

Age (Min – Max)

4k – 65k

Minimum Income (Metro Cities)

4k – 65k

Minimum Income (Other Cities)

4k – 65k

Minimum Income (Doctors/ Chartered Accountants)

4k – 65k

Minimum Income (Company Secretary / Architect)

4k – 65k

Minimum Income Self Employed (Businessman)

Indiabulls Personal Loan Features / Details

Availing the Indiabulls personal loan promises to be an extremely stress-free affair. Everything ranging from the tenure of the loan, to interest rate to loan amount and everything else is tailored to the specific needs of the borrower. The entire process is online. You simply need to download an app or log in to the company website to access the product. The availed loan amount can range from INR 1000 to INR 15 lakh and the tenure can vary from 3 months 24 months.

As also mentioned above, documents can be submitted in digital format online on the website or through the app. The interest rate is normally in the vicinity of 11.99%. Once approved, the Indiabulls personal loan amount is disbursed instantly into your bank account within a few minutes. Below provided are updated and specific details related to Indiabulls personal loan features such as the interest rate, tenure, loan amount, repayment mode and more.

18.25%

Interest Rate (Min)

Upto XX Years.

Loan Tenure

25k – 50Lacs

Loan Amount (Min – Max)

Indiabulls Personal Loan Fees / Charges

When you avail Indiabulls personal loan, you might be charged a certain small percentage or a fixed amount as the processing fees. Furthermore, any time you wish to repay the personal loan in full (after the first instalment) you can prepay it without the need of paying any prepayment fee (provided the loan amount was below ₹ 20,000). Apart from that various other charges might apply such as document retrieval charges, amortisation schedule charges, loan cancellation charges, ECS/PDC dishonour charges and more. Details of all such charges have been provided below.

2.4% of Loan Amount.

Processing Fees

2.4% – 5.2% of amount prepaid.

Pre-payment Charges

Yes / No

Part Payment Facility

2000

Part Payment Processing Fees