IndusInd Bank is a prominent private sector bank in India, renowned for its innovative banking solutions and customer-centric services. Established in 1994, the bank has consistently offered a wide array of financial products tailored to meet diverse customer needs. One of the standout features of IndusInd Bank is its commitment to providing personalized banking experiences, ensuring that clients receive solutions best suited to their financial aspirations.

Personal Loans Overview

IndusInd Bank’s personal loans are designed to offer financial flexibility for various personal requirements, be it a wedding, vacation, or unforeseen medical expenses.

 • Minimum Income Requirements: Applicants should have a minimum net monthly income of ₹25,000. 

 • Loan Amount: Loans range from ₹30,000 to ₹50 lakhs. 

 • Loan Tenure: Flexible repayment periods between 12 to 84 months. 

 • Age Limits: Applicants must be between 21 and 60 years old. 

 • CIBIL Score Requirement: A credit score above 750 is preferred to enhance loan approval chances. 

Home Loans Overview

IndusInd Bank offers home loans to assist customers in purchasing their dream homes, with options tailored to various housing needs.

 • Minimum Income Requirements: Specific income criteria may vary; applicants are advised to consult the bank for detailed information.

 • Types of Home Loans: The bank provides various home loan options, including loans for purchasing new homes, home construction, and home renovation.

 • Loan Amount: The loan amount is determined based on the applicant’s eligibility and the property’s value.

 • Loan Tenure: Repayment tenures can extend up to 30 years, depending on the loan amount and applicant’s profile.

 • Age Limits: For salaried individuals, the age limit is between 24 to 60 years; for self-employed professionals, it’s between 24 to 70 years. 

 • CIBIL Score Requirement: A good credit score is essential; a score above 750 is generally preferred.

Mortgage Loan Overview

IndusInd Bank’s mortgage loans allow customers to leverage their property to meet substantial financial requirements.

 • Minimum Income Requirements: Specific income criteria may vary; applicants are advised to consult the bank for detailed information.

 • Loan Amount: Determined based on the property’s value and the applicant’s repayment capacity.

 • Loan Tenure: Flexible tenures, typically up to 15 years.

 • Age Limits: Applicants should be between 21 and 65 years old.

 • CIBIL Score Requirement: A credit score above 750 is preferred to enhance loan approval chances.

New Car Loan Overview

IndusInd Bank offers attractive car loan options to help customers drive their dream vehicles.

 • Minimum Income Requirements: Specific income criteria may vary; applicants are advised to consult the bank for detailed information.

 • Loan Amount: Financing up to 100% of the car’s on-road price, depending on eligibility.

 • Loan Tenure: Repayment periods ranging from 12 to 84 months.

 • Age Limits: Applicants must be between 21 and 65 years old.

 • CIBIL Score Requirement: A good credit score is essential; a score above 750 is generally preferred.

Used Car Loan Overview

IndusInd Bank provides loans for purchasing pre-owned cars, making vehicle ownership more accessible.

 • Minimum Income Requirements: Specific income criteria may vary; applicants are advised to consult the bank for detailed information.

 • Loan Amount: Up to 90% of the car’s valuation.

 • Loan Tenure: Flexible tenures up to 60 months.

 • Age Limits: Applicants should be between 21 and 65 years old.

 • CIBIL Score Requirement: A credit score above 750 is preferred to enhance loan approval chances.

Business Loan Overview

IndusInd Bank offers a variety of business loan schemes to support entrepreneurs and businesses in their growth endeavors.

 • Types of Business Loan Schemes: Working capital loans, term loans, equipment financing, and more.

 • Minimum Income Requirements: Applicants should have a minimum net annual income of ₹4.8 lakhs. 

 • Loan Amount: Based on business requirements and repayment capacity.

 • Loan Tenure: Flexible tenures, typically up to 5 years.

 • Age Limits: Applicants should be between 25 and 65 years old. 

 • CIBIL Score Requirement: A credit score above 750 is preferred to enhance loan approval chances.

Educational Loan Overview

IndusInd Bank’s educational loans are designed to support students in pursuing higher education, both in India and abroad.

 • Minimum Income Requirements: Specific income criteria may vary; applicants are advised to consult the bank for detailed information.

 • Loan Amount: Up to ₹20 lakhs for studies in India