Interest Rate
11.99 - 26
Processing Fee
1.50% to 5%
Loan amount
1000.00 - 1500000.00
5 years
Avail funds from minimum Rs. 1,000 to as high as Rs. 15 Lacs.

Annual interest rate ranges from 11.99% per annum to upto 26% per annum.

Processing charges starting from  1.50% to 5% of the loan amount.

Tenure ranging from minimum 3 months to maximum 72 months.

Indiabulls Personal Loan offers funds for salaried employees, Self employed Professionals and self employed individuals. It provides loan amounting to Rs 1,000 to maximum of Rs. 15 Lacs within 3 minutes with a Processing fee of 1.50% to upto 5% of the loan amount.

The Annual Interest Rate ranging from 11.99% to upto 26% per annum and the loan term is 3 months to 72 months. The Pre-Payment charges are 5% of the principal outstanding, and for loans upto Rs. 20,000 no Pre-Payment Charges will be applied.

Indiabulls Personal Loan at a glance

Indiabulls Personal Loan
Annual Interest Rate 11.99% - 26%
Loan Term 3 Months - 72 Months
Loan Amount Rs. 1,000 - Rs. 15 Lacs
Time of Funding Within 3 minutes
Pre-Closure Charges 5% of the principal outstanding

Indiabulls Personal Loan Rate of Interest

Personal Loan Type Applicable Interest Rate
Indiabulls Dhani Personal Loan 11.99% - 26% per annum

Indiabulls Personal Loan Eligibility

Eligibility Criteria
Age 21 Years Minimum
Total Work Experience Minimum 2 Years
For Self-Employed
  • The minimum age of the applicant should be 21 years at the time of loan application.
  • Whether you are salaried or self employed, all are eligible for this type of loan.
  • Minimum 2 years of work experience is required in case of self employed applicants.

Indiabulls is a Good Fit for you if?

If You Need Small Amount

Indiabulls would be a good alternative for you if you need a minimal amount of money as it offers personal loan as low as Rs. 1,000 within few minutes of applying for a loan.

If You're in Emergency

If you're in emergency and needs funds instantly, then Indiabulls is a great choice. You can avail funds within 3 minutes simply applying through your phone using Aadhar ID and PAN Number.

Why Choose Indiabulls?

Instant Disbursal

Indiabulls Personal Loans offers instant disbursal on personal loan. If you are eligible for the loan, you will get funds starting from Rs. 1,000 to upto Rs. 15 Lacs on your bank account instantly.

Zero Documentation

It's a simple, convenient and quick process as while applying for this type of loan, only Aadhar ID and PAN Number is required. Hence, there is no need to provide any kind of document.

Zero Prepayment Charges for Loans upto Rs. 20,000

It looks like a profitable deal for you as If you want to apply for a loan which is less than Rs.20,000, no prepayment charges will be applied.

What to watch out for?

Can't Change Payment Due Date

You are not allowed to change the payment due date after the process of disbursing as compare to other banks like HDFC which allows you to shift the Payment due date.

Part-Payment Allowed

As per the IVL Finance Pvt Policy, the Part-payment is not allowed before the 1st EMIs which means you will be allowed once the EMIs have been started.

Compare Indiabulls Personal Loan to Other Banks

Bank Name Indiabulls Capital First HDFC Bank
Typical APR 11.99% - 26% per annum 12% - 18% 11.39% - 20.99%
Loan Term 3 Months - 72 Months 12 months - 60 months 9 Months - 60 Months
Maximum Lending Amount Rs. 15 Lacs Rs. 25 Lacs Rs. 50 Lacs
Processing Fee 1.50% to 5% of the loan amount Up to 1.50% of the loan amount Up to 2.50% of the loan amount
Time to Funding Within 3 minutes Within 24 hours of Approval Within 4 hours of Approval
Pre-Closure 5% of the principal outstanding 5% of the Principal Outstanding 2% to 4% of principal outstanding

Coming to the comparison part, Indiabulls Personal Loan offers maximum lending amount of Rs. 15 Lacs with a time funding of 3 minutes to that of Capital First, which lends maximum of Rs. 25 Lacs within 24 hours of approval and HDFC can lend upto Rs. 50 Lacs within 4 hours of approval. Indiabulls charges Processing Fees ranging from 1.50% to upto 5% of the loan amount while Capital First charges upto 1.50% of the loan amount and in case of HDFC, the Processing Fees is upto 2.50% of the loan amount. The Typical APR of Indiabulls is ranging from 11.99% to upo 26% per annum while in Capital First, its ranging from 12% to 18% and 11.39% to upto 20.99% in case of HDFC Bank. The Loan Term in Indiabulls is 3 Months to upto 72 months, 12 Months to upto 60 Months in Capital First and in case of HDFC, the loan term is 9 Months to upto 60 Months. The Pre-Closure charges in Indiabulls and Capital Market is 5% of the Principal Amount and in case of HDFC Bank, its 2% to 4% of the Principal amount.

Loan Offerings

Indiabulls Personal Loan

It provides Personal Loan for both salaried and self-employed (Professionals and Businessman). You can avail loan amounting from Rs. 1,000 to Rs. 15 Lacs with Tenure ranging from 3 Months to upto 72 Months.

Indiabulls Personal Loan Documents

  • No Documents required.

How to Apply for Indiabulls Personal Loan?

At Kredit

  • Click on "Get Started" button given above
  • Fill the required details such as name. desired loan amount, purpose of the loan etc.
  • Now click on "Submit"

After I've Applied?

Check Indialls Personal Loan Application Status through Customer Care

  • Dial 1800-425-1199 / 1800-420-1199
  • Press 1 for English, Press 2 for regional language or Press 3 for Hindi.
  • Press 9 to speak to their customer care executive.

Fees & Charges

Type of Charges Applicable Amount
Processing Charges 1% to 5% of the loan amount
Foreclosure Charges 5% of the principal outstanding
Penal Charges 3% per month on the overdue amount
EMI Bounce Charges Rs. 400
Repayment Instrument Swapping Charges Rs. 500 per instance
Duplicate NOC Rs. 500 per copy

The applicable Processing Charges on Personal Loans in Indiabulls ranging from 1% to upto 5% of the loan amount and the foreclosure charges ranging from 5% of the principal amount which is allowed only after first 6 months. The EMI Bounce Charges are Rs. 400 per instance and the Penal Charges are 3% per month, charges Rs. 500 per instance for the Repayment Instrument Swapping and charges Rs. 500 per copy for the Duplicate NOC. The Stamp Duty charges for loan documentation is as per the applicable laws.


When will I receive documents of confirmation letter of my personal loan or loan agreement?

You will receive your documents, loan agreement, Sanction letter on your registered email address at the time of loan disbursement.

When my credit score will get updated?

At the time of closure of the loan, your CIBIL report will be updated by the Bank itself at the end of the closing month.

How do I contact Indiabulls personal loan customer care?

You can contact Indiabulls Customer Care at their phone number 1860-419-3333 or write them at /

Personal Loan
1 5 5

Easy Disbursal.

My Personal loan was instantly approved by Indiabulls when I required cash in emergency.

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