Interested in financial products

IndusInd Bank is a leading private sector bank in India that grants various banking products and services to customers. Though the bank has  personal and corporate banking as its key products, it has diversified its support for aiding new and established MSMEs, corporates and other business entities in ensuring smooth business operations. Self-employed individuals and professionals are also provided loans by the bank for setting up or expanding their existing businesses.


ParticularsIndusInd Bank Business Loans

Rate of Interest

13% p.a. – 29% p.a.

Amount of Loan

Up to Rs. 50 lakhs

Loan Tenure

Up to 4 years


Business expansion 

Medium to long-term working capital requirements

Processing Charges 

Up to 3% of the total loan amount

Foreclosure Charges

Up to 5%

Cheque Dishonour Charges

Rs. 500

IndusInd Bank Business Loan Eligibility

  • The age of the borrower should be between 25 years – 70 years. In the case of the 2nd generation business, the minimum age is relaxed to 21 years.
  • Business should be in operations for a minimum of 3 years.
  • There should be a minimum of a 12-month clean track record for other loan repayments.
  • Property ownership is mandatory.
  • Minimum turnover should be Rs. 1 crore in the latest financial year along with audited financials for the past 3 years.
  • The business should have declared profits for the last 3 years.
  • Paid-up capital should be equal to or greater than Rs. 10 lakhs


  • Duly filled application form with passport-sized photographs
  • Valid Proof of Identity  – Voter’s ID/ Passport/ PAN Card/ Driving License/ Signature Identification by the present banker for Proprietor/ Partner/ Director (if Company)
  • Proof of Residence – Latest Telephone/ Electricity Bills, Voter ID, Passport, etc
  • Proof of Business – Business Pan card/ GST registration/Shop& establishment registration/Excise Registration /SSI certificate/3 years old ITR  showing business income/Any other Govt. Issued Certificate showing business existence
  • For Company - Memorandum/ Articles of Association 
  • Partnership Deed of partners
  • Rental agreement required if business situated in rental premises
  • Last 6 months bank statements relating to CA/SA/CC/OD account and should be self-attested
  • Copy of last 3 years ITR and Computation 
  • Last 3 years financials with full schedules &audit report (Form 3CD & 3CB)
  • Particulars of all current loans
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