Category Archives: Finance

Getting Online Personal Loan in 5 Easy Steps

A personal loan is a saviour for those amidst a financial crunch. Since it’s an unsecured loan, you don’t have to submit collateral to get the credit. The good part of taking a personal loan is that you don’t have to use the credit for a specific purpose, as it can be used to pay off your debt, during a financial crunch or medical emergency, or any other need. Almost every bank offers personal loans to customers. But, the trend of online personal loans has increased nowadays. An individual no longer has to visit the branch personally to avail the loan. Here’s a guide to getting an online personal loan in five easy steps:

Step 1: Determine your requirement

The initial steps include finding out why you need a personal loan and the amount requirement. You might need a loan for a wedding, holiday trip or renovating the home. The amount can vary from Rs. 50000 to Rs. 10 lac or more depending on the expense type.

Step 2: Check your loan eligibility

The easiest way to check loan eligibility is to visit the website of the bank and use their loan eligibility and monthly instalments calculator. For instance, visit IndusInd Bank website, and use their calculator to check your personal loan eligibility as well as the monthly EMI that you might be paying for the loan.

Step 3: Apply for personal loan online

If you are eligible for a personal loan and monthly EMI for the desired amount that fits into the pocket, you can fill out an application form online. The form includes basic details, and make sure you fill out them accurately. Based on the details, the bank will fetch the best offers for you.

Step 4: Identity documents

When you are done with filling out the application, complete V-KYC and auto-repayment setup. There’s no need to submit the hard copy of the documents, which makes the work a lot easier. However, with the availability of online loans you don’t need to visit the bank to submit the documents physically. IndusInd Bank, has in fact, made it possible to apply for a loan using a 100% online and paperless process.

Step 5: Get money in your account

The last step includes signing the contract digitally to get the disbursed amount in your bank account.

Last Few Words

Getting an online personal loan is easy and hassle-free. The good part is that you get the money in your account within a couple of hours of successful verification. But, you need to do a little bit of research when availing personal loan. If you are looking for a hassle-free way to apply for a personal loan, opt for IndusInd Bank. You can get an instant personal loan online from the comfort of your home or office.

Plan Stress-Free Vacation Abroad with IndusInd Bank Forex Card

Are you planning an overseas trip to an exotic destination? Well, then you must get busy with:

  • Figuring out the destinations open for travel
  • Sorting out your RT-PCR report and vaccination certificates
  • Booking hotels
  • And most importantly – deciding how to carry cash

Carrying a lot of cash with you when going for an International trip is not a wise decision. Instead, go paperless with IndusInd Bank’s Multi-currency Forex card. Click here to apply for one online, load balance, and use it like you would swipe your credit or debit card.

The IndusInd Multi-currency Forex Card is widely accepted around the globe. You can swipe it at merchant outlets, international VISA ATMs or use it for online transactions.

Features and benefits of the Indus Multi currency Forex Card

Imagine carrying a slim card that fits your pocket and works seamlessly at PoS instead of a lot of cash or traveller’s cheques. Such an arrangement ought to relieve you of the stress of planning and keeping your money safe on international vacations. But, that’s not all! An IndusInd Multi-currency Forex Card comes with many more benefits. Here they are:

You can load up to 14 currencies on one card

This feature is especially useful when you are travelling to two or more countries on a single trip. For example, countless tourists go to Australia but not before stopping over in Singapore. They often step out for shopping and checking out the local sights. The currency for both Australia and Singapore are different, and the IndusInd Bank’s forex card can help you pay in both.

Here are the 14 currencies you can load on just one Indus Multi currency Forex Card:

  • United States Dollar (USD)
  • Australian Dollar (AUD)
  • Great Britain Pound (GBP)
  • Swiss Franc (CHF)
  • Hong Kong Dollar (HKD)
  • Thai Baht (THB)
  • Arab Emirates Dirham (AED)
  • Euro (EUR)
  • Japanese Yen (JPY)
  • Canadian Dollar (CAD)
  • New Zealand Dollar (NZD)
  • Saudi Riyal (SAR)
  • Singapore Dollar (SGD)
  • South African Rand (ZAR)

Safeguard your money from currency fluctuations

Since you pre-load your card, you remain safe from a spike in exchange rates. When you book and load up your IndusInd Multi currency Forex Card, you fix your exchange rate based on that particular day. Every time you reload your card, the exchange rate for that particular time and day applies.

Make a diverse set of payments at no extra charge

Book international hotels or flights hassle-free using the IndusInd Multi-currency Forex card. You can also swipe this card at grocery stores when abroad or fill fuel at petrol pumps if your international travel involves a road trip. The point is you can use this card as a local credit or debit card abroad at no extra currency conversion charge.

Withdraw cash in case of an emergency

Suppose a PoS machine inside a store breaks down or, for any reason, you cannot make a card payment, withdraw cash using the IndusInd Multi-currency Forex Card. This card provides you access to all VISA enabled ATMs worldwide.

Encash extra funds when you return

So, you couldn’t spend all the money you had pre-loaded in your IndusInd Multi-currency Forex card? Fret not! You can get it all back upon your return to India. Just visit an IndusInd Bank branch near you and encash funds remaining in the forex card.

Parting thoughts

IndusInd Bank’s multi-currency foreign exchange card awards you the freedom to pay as you go without worrying about running out of funds. If your balance drops too low for comfort, you can recharge it online on IndusForex.

So, bid goodbye to cash-carrying woes and buy a forex card online with IndusInd Bank.