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Personal, home, vehicle & other loans

IB Professional Personal Loan

Term finance for recognised professionals with at least two years' experience, regular tax filing and a published ₹7.50 lakh minimum annual gross income.

Interest rate9.00% to 9.25% p.a. floating for IB Professional in Indian Bank's current personal-segment rate table dated 14 August 2026.Maximum amountThe lower of 2.50 times the lowest gross annual income during the last two years or ₹30 lakh.Repayment tenureTerm loan maximum 84 equated monthly instalments.
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Quick eligibility check

IB Professional Personal Loan

0 of 6 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Minimum annual gross income ₹7.50 lakh during each of the last two years?

Published source: Minimum income

2Does your annual turnover meet this requirement: At least 75% of credit turnover must be routed through the bank account and good credit history is required?

3Document checkDo you have at least one of these required documents: Professional qualification, membership or licence?

Published source: Eligibility

4Document checkDo you have this required document or proof: Two years' ITR and gross-income evidence?

Published source: Eligibility

5Document checkDo you have this required document or proof: Bank statements showing credit turnover?

Published source: Eligibility

6Document checkDo you have this required document or proof: Personal-guarantee and identity/address documents?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typePersonal term loan for recognised professionals.View source
The product page identifies a term-loan facility for professional customers.
Source
IB PROFESSIONAL personal loan — Indian Bank
Page / section
Name of product; Facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate9.00% to 9.25% p.a. floating for IB Professional in Indian Bank's current personal-segment rate table dated 14 August 2026.View source
The current table lists IB Professional at 9.00%–9.25% p.a.
Source
Interest Rates on Personal Segment Loan Products: Floating — Indian Bank
Page / section
Clean Loan — IB Professional
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkThe current IB Professional rate row is labelled floating but does not identify a named benchmark or spread.View source
The official table publishes the floating range without naming a benchmark.
Source
Indian Bank IB Professional rate review
Page / section
IB Professional rate row
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage or APR calculation is published on the IB Professional page or current floating-rate table.View source
The reviewed sources publish interest rate but no calculation.
Source
IB Professional personal-loan review
Page / section
Rate table and complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeMinimum annual gross income ₹7.50 lakh during each of the last two years; professionals must have filed ITR regularly for the last two years.View source
The official product table publishes ₹7.50 lakh annual gross income for each of the last two years and regular filing.
Source
IB PROFESSIONAL personal loan — Indian Bank
Page / section
Minimum Gross Income; Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountThe lower of 2.50 times the lowest gross annual income during the last two years or ₹30 lakh.View source
The eligibility and quantum rows publish the 2.5× lower-income formula and ₹30 lakh cap.
Source
IB PROFESSIONAL personal loan — Indian Bank
Page / section
Eligibility; Quantum of loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Repayment tenureTerm loan maximum 84 equated monthly instalments.View source
The repayment row states maximum 84 .
Source
IB PROFESSIONAL personal loan — Indian Bank
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNo separate IB Professional processing fee is stated on the reviewed product page or current personal-segment processing-fee schedule.View source
The current schedule publishes other clean-loan and personal-loan fees but no separate IB Professional row.
Source
IB Professional personal-loan charge review
Page / section
Complete current fee schedule; IB Professional page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate prepayment or foreclosure charge is stated on the reviewed IB Professional product page or current personal-segment charge schedule.View source
The reviewed sources publish eligibility, quantum and repayment but no separate prepayment charge.
Source
IB Professional personal-loan charge review
Page / section
Complete product page; current charge schedule
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityRecognised professional with at least two years' work experience, valid qualification/membership/licence, minimum age 21 and maximum age 70, regular ITR filing for two years, good credit history and at least 75% of credit turnover routed through the bank account.View source
The official table publishes professional experience, age, tax, credit and turnover conditions.
Source
IB PROFESSIONAL personal loan — Indian Bank
Page / section
Target Group; Age; Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Minimum annual gross income ₹7.50 lakh during each of the last two years
  • Loan ceiling is the lower of 2.5× lowest two-year gross annual income or ₹30 lakh
  • Up to 84 equal monthly instalments
  • Personal guarantee of spouse or a person with net worth equivalent to the loan amount

Eligibility

  • Applicant must have at least two years' professional experience, recognised qualification/licence and regular filing for the last two years.
  • At least 75% of credit turnover must be routed through the bank account and good credit history is required.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Professional qualification, membership or licence
  • Two years' and gross-income evidence
  • Bank statements showing credit turnover
  • Personal-guarantee and identity/address documents

Related official documents

IB PROFESSIONAL personal loan — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗
Processing Fee on Personal Segment Loan Products — Indian Bankofficial-fee-schedule · current · accessed 31 Aug 2026
↗
Interest Rates on Personal Segment Loan Products: Floating — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

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Target group · Published detailRecognised professionals with valid membership/degree/licence and at least two years' experience.

This value is copied from IB Professional personal loan — published terms. Check the table notes before relying on it.

Source: IB PROFESSIONAL personal loan — Indian Bank · Complete product criteria table and current rate schedule Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsIB Professional personal loan — published termsCurrent Indian Bank professional personal-loan eligibility, income, quantum and repayment terms.View tableHide table

Scroll sideways to view every column

IB Professional personal loan — published terms
ParameterPublished detail
Target groupRecognised professionals with valid membership/degree/licence and at least two years' experience.
IncomeMinimum gross annual income ₹7.50 lakh during each of the last two years; regular filing for two years.
Age21 years minimum; 70 years maximum.
PurposeOffice setup/renovation, consumer durables, household articles, family functions and other personal/household expenses; speculative use excluded.
QuantumLower of 2.5× lowest two-year gross annual income or ₹30 lakh.
Eligibility controlsNTHP after at least 40%; good credit history; recognised qualification/licence; at least 75% credit turnover through bank account.
Facility / repaymentTerm loan, maximum 84 .
SecurityPersonal guarantee of spouse or person with net worth equivalent to loan amount.
Rate / charges9.00%–9.25% p.a. floating; no separate processing or prepayment charge is stated in the reviewed current pages.
IB PROFESSIONAL personal loan — Indian Bank · Complete product criteria table and current rate schedule · accessed 31 Aug 2026Open official source ↗

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