IndusInd Bank Business Loan

IndusInd Bank is one of the leading financial institutions offering a diverse range of credit products for smooth operations and growth of businesses. You can use these funds to address your day-to-day expenses and to capitalise on growth opportunities. 

Here are the interest rates and charges associated with the IndusInd Bank Business Loan:

Disclaimer: The interest rates and charges listed above are subject to change as per the bank’s policies.

Here are the eligibility criteria that a business needs to meet to get an IndusInd Bank Business Loan:

• Minimum Turnover: ₹1 Crore in the last financial year with audited financial statements for the last 3 years

• Profitability: Positive PBDT in the last 3 years

• Age: Must be between 25 years and 70 years

• Business Vintage: At least 3 years

• Ownership: Must own a property

• Past Payment History: Clean track in the last 12 months for a loan of at least ₹4 Lakhs

Check out the documents that a business needs to submit when opting for an IndusInd Bank Business Loan:

• Application Form: Completed application form with a passport-size photograph

• KYC Documents: Valid address/identity/signature/date of birth proof

• Business Continuity Proof: Company PAN card/ GST registration/ Excise registration/SSI certificate, other government-issued certificates

• Constitutional Documents: Bank statements/Deed/PAN card/MOA /AOA /Certificate of Incorporation

• Ownership proof: Copy of Sales Deed/ Latest Property tax receipt/ EC/Govt. Leased Deed/Water bill/Electricity bill

• Banking: Self-attested bank statements for the last 6 months

• Financials: Copy of ITR of the last 3 years, financial information for the last 3 years, Form 3CD and 3CB, details of ongoing loans

Here are the steps you need to follow to apply for an IndusInd Bank Business Loan:

• Step 1: Visit the bank’s official website and navigate to the business loan page

• Step 2: Click on ‘Apply Now’ on the top right corner of the page

• Step 3: Fill out the application form

• Step 4: Click on ‘Submit’ 

Once you submit the details, an IndusInd Bank representative will contact you to proceed further with your loan application.

You can contact the customer care team of IndusInd Bank in the following ways:

• Call: 1860 267 7777

• Email: reachus@indusind.com

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.