What is a Quick Cash Loan?

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Summary A quick cash loan is not a separate type of loan. It is a personal loan that can be available quickly for an urgent financial need. It can help with emergencies, but you should still check the total cost, EMI and repayment period before borrowing. Eligible customers can apply for an IndusInd Bank instant…

What is a No Due Certificate & How to Get It in India

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Summary A No Due Certificate confirms that the borrower has cleared the loan’s outstanding amount. Collect it after the loan is fully repaid or foreclosed, along with the final loan statement and closure confirmation. Check that it shows your name, loan account number, closure date and zero outstanding balance. Keep a digital and physical copy…

What are Personal Loan EMI Bounce Charges?

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Summary An EMI bounce happens when your scheduled loan payment cannot be collected on the due date. The lender may levy a bounce charge, and late or penal charges can apply until the EMI is cleared. A failed debit alone does not automatically hurt your credit score, but an EMI that remains unpaid and is…

How Credit Bureaus Impact Your Personal Loan Approval & Credit Score

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Summary Credit bureaus collect credit information from lenders and turn it into reports and credit scores. Lenders use this information while assessing a personal loan application, but the bureau does not approve or reject the loan. Timely EMI payments, manageable debt and fewer recent loan applications can support a healthier credit profile. Checking your report…

Repo Rate Hike 2026: Impact on Personal Loan EMIs

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Summary On 7 October 2026, the RBI increased the policy repo rate by 25 basis points to 5.50%. A repo rate hike does not automatically raise every existing personal loan EMI. The impact depends on whether your loan has a fixed or floating interest rate and the terms in your loan agreement. IndusInd Bank personal…