A personal loan is a convenient financial solution for managing expenses such as medical emergencies, education, weddings, travel, and home renovation. Indian Bank offers various personal loan schemes designed to meet the financial requirements of salaried individuals, professionals, pensioners, and other eligible customers.

Personal Loan Interest Rate at Indian Bank

Indian Bank offers different interest rates depending on the loan scheme, applicant category, and applicable lending conditions. Some of the listed floating interest rates include:

• IB Saral: 9.35% p.a.

• IB Professional: 9.00%–9.25% p.a.

• IB Insta Cash: 9.00% p.a.

• Online Personal Loan to Salaried Customers: 11.15% p.a.

• Salary Loan (Term Loan): 9.65%–10.15% p.a.

These rates are based on Indian Bank's published interest rate information, last updated on 10 September 2026. Actual rates may vary depending on the applicable scheme and bank guidelines.

Factors Affecting Personal Loan Interest Rates

The applicable personal loan interest rate may depend on several factors, including:

• Applicant's income and repayment capacity.

• Employment type and professional profile.

• Existing financial obligations.

• Credit history and repayment record.

• Selected personal loan scheme and tenure.

Benefits of Choosing Indian Bank

Indian Bank provides multiple personal loan options to eligible customers. Key benefits include different loan schemes for various customer categories, convenient application options, competitive interest rates, and flexible financing solutions according to the applicable scheme conditions.

How to Apply for an Indian Bank Personal Loan?

Customers can explore personal loan schemes and eligibility requirements through the official Indian Bank website or by visiting their nearest branch. Applicants generally need identity proof, address proof, PAN, income documents, and relevant bank statements.

Conclusion

Understanding the Personal Loan Interest Rate is important before choosing a borrowing option. Indian Bank offers various personal loan schemes to support different financial needs. Compare the applicable interest rate, repayment tenure, EMI, and other charges before applying.

For the latest interest rates and scheme details, visit the official website of Indian Bank: https://indianbank.bank.in/