Indialends logo
Loans
Personal Loan hover icon Small Amount Loan hover icon Business Loan hover icon Loan against Mutual Funds hover icon Gold Loan hover icon
Credit Card
Apply Credit Cardshover icon Axis Bank Credit Cardhover icon IDFC Bank Credit Cardhover icon SBI Credit Cardhover icon HDFC Bank Credit Cardhover icon BOB Cardhover icon AU Bank Credit Cardhover icon Indusind Bank Credit Cardhover icon ICICI Bank Credit Cardhover icon
Credit Score
Other Products
Digital Gold hover icon
IndiaLends App is available in
google play apple store
menu icon

FAQs

Personal Loan

How much can I borrow and for how long? You can get personal loans starting from Rs. 25,000 up to Rs.25 lakhs for 1 to 5 years.
read more

Credit Card

What is a Credit Card? A Credit Card is a plastic card issued by a financial institution which offers a line of credit to the customer to purchase goods/services...
read more

Personal Loan Balance Transfer

What is Balance Transfer? A Balance Transfer lets you transfer an existing loan to a new lender at a better rate of interest.
read more

Credit Report

What is a credit report? Credit report, which is provided by CIBIL, Experian and Equifax, is a report card based on your performance on loans.
read more
Indialends logo

GC Web Ventures Private Limited

Plot no. 31, 1st & 2nd Floor, Udyog Vihar,
Sector 18, Gurugram, Haryana 122015

Find IndiaLends on all socials

Loans
Personal Loans Small Amount Loans Gold Loans Business Loans Loan Against Mutual Funds
Credit Card
Apply Credit Card SBI Credit Card Axis Credit Card IDFC Bank Credit Card HDFC Bank Credit Card Indusind Bank Credit Card BOB Credit Card AU Bank Credit Card ICICI Bank Credit Card
Other Services
Credit Report Digital Gold
Company
About IndiaLends Blogs Contact Us
Resources
EMI Calculator IFSC Code FAQs PAN Card Tax Credit Cards in India
More
Help Desk Privacy Policy Terms & Conditions Offers T&C Lender Contacts Grievance Details RBI Sachet Consent Withdrawal

IndiaLends App is available on

contact us on

support@indialends.com

Copyright 2025 GC Web Ventures Pvt. Ltd. All Rights Reserved

Learn More
Personal Loans City Wise : Personal Loan in Kolkata Personal Loan in Hyderabad Personal Loan in Chennai Personal Loan in Mumbai Personal Loan in Delhi Personal Loan in Pune Personal Loan in Bangalore Personal Loan in Jaipur Personal Loan in Ahmedabad Personal Loan in Hubli Personal Loan in Coimbatore Personal Loan in Surat Personal Loan in Nagpur Personal Loan in Indore Personal Loan in Vijayawada Personal Loan in Baroda Personal Loan in Kochi Personal Loan in Gwalior Personal Loan in Varanasi Personal Loan in Patna Personal Loan in Dehradun Personal Loan in Chandigarh Personal Loan in Mangalore Personal Loan in Lucknow Personal Loan in Mysore Personal Loan in Trivandrum Personal Loan in Jamshedpur Personal Loan in Kanpur Personal Loan in Kota Personal Loan in Visakhapatnam Personal Loan in Raipur Personal Loan in Bhopal Personal Loan in Jodhpur Personal Loan in Cuttack Personal Loan in Bhubaneswar
Personal Loans Bank Wise : HDFC Personal Loan IDFC First Personal Loan Bajaj Finserv Personal Loan ICICI Personal Loan Kotak Personal Loan Yes Bank Personal Loan Personal Loan Balance Transfer Small Amount Personal Loan
Credit Score:  Cibil Score for Car Loan Cibil Score Customer Care Cibil Score for Credit Card Cibil Score for Personal Loan Cibil Credit Report Practices that leads to Bad Credit Score Loan settlement and your Credit Score Equifax Credit Report Credit Bureaus in India Improve your Credit Score Achieve Good Credit Score Experian Credit Report Myths about Credit Score Highmark Credit Score Repair Faulty Credit Report Resolve Cibil Dispute Read Cibil Report Cibil Score Benefits Correlation between credit rating and debts Minimum payment affect your Credit Score How is your Credit Score calculated How to read Credit Report How your Credit Score is used Impact on late payment on Credit Score Importance of Credit Score Reason to check Credit Report regularly Steps to check Credit Report Steps to rectify your Credit Report Things you won't find in credit report Can a Credit Card Improve Your Credit Score? Credit Monitoring Credit Score Matters at Retirement Major Factors That Affect Your Credit Score Credit Report Checklist Reasons for Loan Rejection Other Than Credit Score Loan Settlement Can Ruin Your Credit Score Does a name change affect your Credit Score? Effects of PAN Card on Credit Score The Link Between MCLR and Credit Score Applying for a Home Loan? Improve your Credit Score How to Remove Your Name from CIBIL’s Defaulter List How Can Customers Check their Credit History Payment History - How it Affects Your Credit Score Who issues Credit Ratings or Credit Scores Credit Report for Business Loan Can your employment get affected by your credit score How Long It Take To Improve Credit Score
Personal Loan

A personal loan is a credit facility that does not require collateral and is offered by banks and NBFCs to employed individuals. IndiaLends, the largest online personal loan provider in the country, has assisted over 150,000 customers and collaborates with more than 70+ RBI-Approved partners to offer personal loans tailored to different customer profiles. Here are some notable features of the convenient personal loans available through IndiaLends.

Personal Loan Interest Rate

The interest rates offered to customers are subject to variation based on their individual profiles. Typically, loan rates begin at approximately 10.25%. To improve the likelihood of obtaining a loan at a lower interest rate, it is advisable to maintain a strong credit history. Ideally, a CIBIL score above 750 is considered favorable.

Personal Loan Tenure

The repayment period for a Personal Loan typically ranges from 3 months to 6 years, allowing borrowers to choose a tenure that aligns with their requirements. Whether one needs a short-term or long-term loan, they have the flexibility to select a suitable repayment duration. However, it is crucial to ensure that the Equated Monthly Installment (EMI) amount is manageable and can be comfortably repaid each month.

Documents required to apply for a Personal loan

Financial institutions typically require certain documents before approving and disbursing a loan. These documents include identification proof, address proof, a copy of the PAN card, salary slips, recent bank statements, photographs, ECS mandates, and post-dated cheques.

Personal Loan With Zero Pre-Payment Fee

Certain NBFCs offer customers the flexibility to fully repay the loan amount or make partial pre-payments towards the principal. However, specific terms and conditions are typically associated with such pre-payments. For instance, pre-payment is usually allowed after 12 months, and a pre-payment fee may be levied on the repaid amount. Nevertheless, these terms may vary depending on the product, so it is essential to seek clarification from your lender regarding pre-payment policies before the loan disbursal.

Low-Interest Personal Loan

As discussed earlier, the interest rates for personal loans can vary based on the customer's profile. IndiaLends employs algorithms to strive to obtain the most competitive interest rate product available for each customer.

Personal Loan From Banks

Banks are financial institutions registered with the Reserve Bank of India (RBI) and engaged in various activities such as accepting deposits and providing loans. In addition to universal banks, the RBI has recently introduced payment banks and small finance banks. However, only universal banks and small finance banks are authorized to lend to individuals. Applying through IndiaLends offers the simplest method to obtain a personal loan from the leading banks in the country. IndiaLends has established collaborations with renowned banks and NBFCs, including HDFC, ICICI, RBL, IndusInd, Kotak, Yes Bank, and more.

Personal Loan From NBFCs

NBFCs are non-banking financial institutions registered with the Reserve Bank of India (RBI), primarily engaged in lending to individuals and businesses. Unlike banks, NBFCs are generally not authorized to accept customer deposits. They rely on borrowing funds from banks for their lending activities, which often results in comparatively higher interest rates on Personal Loans than those offered by banks. Additionally, NBFCs tend to cater to a higher-risk profile segment, leading to higher acceptance rates for loan applications.

New To Credit Loans

Although CIBIL and Experian maintain records for more than 150 million individuals, a significant majority have never borrowed from an RBI-regulated financial institution that is a member of a credit bureau. As a result, these individuals lack a credit bureau record, meaning they have no credit history or credit score. Due to the absence of a credit file, they often encounter difficulties in securing loans from financial institutions. However, IndiaLends has forged special partnerships with various banks, enabling them to assist some individuals who are new to credit (with thin credit files) in accessing low-interest personal loans.

Recently Declined Personal Loan Application

A significant number of consumers face loan application rejections from banks due to factors such as inadequate credit history, limited affordability, insufficient supporting documents, and more. However, IndiaLends can assist some of these customers in obtaining affordable loans through collaborations with specialized NBFCs.

Banks and NBFCs Partners

IndiaLends has established partnerships with a comprehensive range of lending institutions, encompassing both prominent and smaller entities. Our collaborations include renowned banks such as HDFC, ICICI, SBI, Kotak, IndusInd, Tata Capital, Bajaj Finserv, IDFC First, IIFL, IndiaBulls, RBL Bank, DHFL, Aditya Birla Finance, American Express, among others, ensuring a wide array of options for our customers.

Loans For Phones / Desktops / Laptops And Tablets

IndiaLends offers easy installment personal loans starting from as low as Rs. 25,000 for customers who wish to purchase the latest gadgets, whether it's an iPhone 7 or a MacBook Pro. This allows individuals to acquire their desired gadgets through manageable loan amounts and easy repayment options.

EMI Without Credit Cards

While e-commerce marketplaces offer convenient EMI options for significant purchases, these benefits are typically limited to customers who already possess credit cards. Unfortunately, this privilege extends to only a small proportion of the population, approximately 10 million individuals across the country. However, IndiaLends provides an accessible solution through its online personal loan, enabling individuals to swiftly make large-ticket purchases on e-commerce platforms and convert them into affordable EMIs. This expands the opportunity for a broader segment of customers to enjoy the convenience of EMI-based shopping on e-commerce portals.

Credit Report

A credit report serves as a financial report card, encompassing historical data regarding an individual's loans and credit cards. Various types of loan accounts are included, such as Credit Cards, Personal Loans, Home loans, gold loans, Car loans, Two-Wheeler loans, business loans, Loan against Property, Agriculture loans, and more. Each account provides detailed information about repayment history, loan amount, tenure, open and close dates, and other relevant details. Credit Bureaus utilize this information to assess the risk associated with an individual, resulting in a credit score. The credit score ranges from 300 to 900, and a higher score increases the likelihood of loan approval. In India, there are four credit bureaus—CIBIL, Experian, Equifax, and Hi-Mark—providing credit scores to individuals. IndiaLends has partnered with Experian and Hi-Mark credit bureaus to offer its customers free credit reports and analysis. Additionally, IndiaLends customers also receive complimentary credit report refreshments every quarter for the first 12 months.