IndusInd Bank Business Loan 2022

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IndusInd Bank Business Loan 2022 Highlights

IndusInd Bank Business Loan 2022: ✔ Up to Rs. 50 lakhs loan facilitation ✔ Instant eligibility check online ✔ Flexible repayment tenor ✔ Simple documentation ✔ Collateral-free loan for up to Rs. 10 lakhs ✔ Fast processing


IndusInd Bank offers funds to various new and established MSMEs, SMEs, and other business units to support the initiation, expansion, and smooth running of businesses. Self-employed individuals and professionals can also get financial assistance from the bank to step up a new or expand the existing business venture.  

IndusInd business loan plays predominant importance to their customer representatives so that a maximum level of customer satisfaction is achieved. IndusInd bank business loans in India are introduced keeping in mind the sole proprietorship firms and private and partnership firms. Under a business loan, an entrepreneur can borrow the loan amount to use it for business growth and expansions or to fund a start-up venture.

IndusInd business loans have become a popular choice for many business ventures due to their simplified documentation, flexible tenures, and lower interest rates. IndusInd Bank business loans are quick in processing, competitive, and customized to suit each of your business needs. has an exclusive collaboration with the IndusInd bank. So, applying for an IndusInd business loan with makes the process of application and approval of loans from IndusInd much quicker and easier. By availing of the benefits of business loans with, applicants may achieve their dreams of taking their business to a new level of success by getting instant approval with ascertained satisfaction.


IndusInd Business Loan Features & Benefits

IndusInd Bank has attractive benefits from quick approval of loans, to attractive interest rates along with longer loan tenures. Quantum of the business loan offered by the IndusInd bank to customers depends on a lot of factors (profits generated by the business in the last 3 years, amount of tax paid and occurring in ITR filed over the past 2-3 years, credit history, etc.) including their requirements and repayment history. Here are some benefits of IndusInd bank business loan:

  • Quick online eligibility check and disbursal service: Check your eligibility for a business loan from IndusInd bank online within a minute on our website Loans are usually disbursed within 3 to 4 working days of the approval based on your credit history.
  • Loan tenure: Loan tenure between 12 and 36 months.
  • Fast processing of loans
  • Simple documentation
  • Women professionals can avail of a customized offer on business loans as specified by IndusInd bank called women entrepreneur business loans.
  • The takeover of your existing loans at competitive rates. You can enjoy lower EMIs by transferring your existing business loan to IndusInd Bank and save on your interest payments.
  • No collateral/security/guarantor for loans up to 10 lakhs
  • Pay interest only on the amount that has been utilized
  • Very fewer pre-payment charges
  • Secured natural/accident cover: All of your loan amounts will be covered by insurance in case of the death of the borrower. In these cases, the disbursed loan amount is evaluated to calculate the insurance premium.
  • Low processing fee
  • Existing IndusInd Bank customers can avail of special offers, attractive interest rates, and charges on loans
  • Complete transparency
  • Loan amount: Flexible loan amount ranging from Rs. 10 lakh to Rs. 50 lakh.
  • Zero hidden charges
  • Purpose of loan: For expansion and mid/short term working capital needs.
  • Paid-up capital: More than or equal to Rs. 10 lakh.

IndusInd Bank Business Loan Types

IndusInd Bank business loan is available in multiple categories for the specific needs of varied businesses:

1. Working capital finance

Borrowers can avail of a running account facility on a short-term basis for their working capital requirements and renew it as per the applicable terms and conditions. 

Key features of IndusInd Bank working capital finance are as follows:

  • Funding for business inventory and receivable
  • Flexible account operation as per your needs
  • Interest in reducing balance

2. Export Finance

Exporters can get IndusInd Bank Business loans to finance their pre and post-shipment transactions. 

Key features of IndusInd Bank export finance are as follows:

  • Transaction-based funding
  • Funding in foreign currency to reduce the overall cost

3. Term Loan

IndusInd Bank offers term loans to provide long-term financing to business units that require funds for the expansion of their business. 

Key features of term loans are as under:

  • Funding is available in Indian Rupees (INR) as well as in Foreign Currency known as Foreign Currency Term Loans (FCTL). 
  • This is a collateral-based loan.
  • Existing loans can be transferred at competitive interest rates.

4. Trade offerings

Trade offering is available for the growth of businesses.  

Key features of this scheme are as under:

  • IndusInd Bank offers a Letter of Credit for the import of goods and domestic purchases. 
  • Both performances, as well as financials, are guaranteed by the bank. 

5. Unsecured Business Loans

You can avail of IndusInd Bank unsecured business loan for the growth of your business based on the business financials. 

Features of IndusInd Bank business loan

  • No collateral is required; loans are offered on the basis of business financials. 
  • The loan processing is instant. 
  • Borrowers have options to repay the loan in equated monthly installments (EMIs).  

IndusInd Bank Business Loan Eligibility Criteria

Age limit

25 – 70 years (For second-gen business minimum age is 21 years)

Business vintage

Minimum 3 years

Past payment record

Clean track record for 12 months for a minimum of Rs. 4 lakh loan

Property ownership

Property ownership is must

Minimum turnover

Rs. 1 crore in the latest financial year along with audited financial statements for 3 years


  Positive PBDT in latest 3 years

Paid-up capital

Equal to or greater than Rs. 10 lakh

IndusInd Bank Business Loan Interest Rates 2022



Interest Rates

As applicable by the bank

Loan tenure

1 year to 5 years

Processing Charges

2% of the total loan amount + Service Tax

Subject to a minimum of Rs 1000 and a maximum of Rs.25000


No prepayment permitted until the repayment of 12 EMI’s

Prepayment charges

2 to 3% of the remaining loan amount + Service tax

No due certificate/ No Objection Certificate(NOC)


Duplicate No due certificate/ NOC


Special Note:*Rates are subject to periodic change. Business loan interest rates in IndusInd Bank & other fees and charges are subject to regular review and can vary with each customer. IndusInd Bank business loan interest rates can differ depending on your creditworthiness & other factors. The final interest rate will be based on different criteria including the bank’s internal policies & applicable rates at the time of approval.

How to apply for IndusInd Bank Business Loan on Afinoz?

IndusInd Bank has an exclusive tie-up with If you are looking for a business loan then you can simply log on to to check your business loan eligibility and apply for a loan.

Business owners can apply for a loan in IndusInd bank through in the following three simple steps:

  1. Check your eligibility for the loan:-Firstly, you need to make sure you meet IndusInd bank’s business loan eligibility criteria on For that, you have to submit some basic details relating to you and your business such as the employment type, business turnover, city, mobile number, email id on our business loan eligibility page. Once you submit these details, our system intelligence then runs an algorithm and get's you a quick quotation on the best business loan options available to you immediately.
  2. Select the loan amount and tenure: - Once you meet the eligibility criteria, select the loan amount and tenure as per your eligibility and submit.
  3. Upload and submit documents:-In the next step, fill out the application form along with details of the KYC documents and submit your application for processing from the IndusInd bank. The bank then verifies the applicant's information and starts processing the loan for disbursement.

At each step of the application process, allows its applicant to keep track of the status of their application in real-time via SMS as well as through emails. Due to such simplified and fast processing, has become a popular option among a large number of business owners.

IndusInd Bank Business Loan EMI Calculator

The EMI calculator provided by the IndusInd Bank for its business loan segment is quite smart, simple and easy to use. The calculator is all inclusive, which means once a person enters the loan tenure and the total loan amount, added with the rate of interest, it provides realistic results including various fees and taxes.

Here we have taken various loan amounts for example;

Various amounts of loan taken at a rate of interest ranging between 15.00 – 21.00% p.a. (effective rate of interest – 0.013 – 0.018% per month) for a fixed tenure of 2 years;

Loan Amount


Tenure (Months)




₹ 2,00,000

15.00 – 21.00% p.a.


₹ 2,32,735 - 2,46,651

₹ 9,697 - 10,277

₹ 32,735 - 46,651

₹ 3,00,000

₹ 3,49,103 - 3,69,976

₹ 14,545 - 15,415

₹ 49,103 - 69,976

₹ 4,00,000

₹ 4,65,471 - 4,93,302

₹ 19,394 - 20,554

₹ 65,471 - 93,302

₹ 5,00,000

₹ 5,81,839 - 6,16,627

₹ 24,243 - 25,692

₹ 81,839 - 1,16,627

₹ 10,00,000

₹ 11,63,679 - 12,33,255

₹ 48,486 - 51,385

₹ 1,63,679 - 2,33,255

Various amount of loan taken at a rate of interest 15.00 – 21.00% p.a. (effective rate of interest – 0.013 – 0.018% per month) for a tenure ranging from 12 months to 60 months;

Loan Amount


Tenure (Months)




₹ 5,00,000

15.00 – 21.00% p.a.


₹ 5,41,549 - 5,58,682

₹ 45,129 - 46,556

₹ 41,549 - 58,682

₹ 10,00,000


₹ 11,63,679 - 12,33,255

₹ 48,486 - 51,385

₹ 1,63,679 - 2,33,255

₹ 15,00,000


₹ 18,71,927 - 20,34,453

₹ 51,997 - 56,512

₹ 3,71,927 - 5,34,453

₹ 20,00,000


₹ 26,71,751 - 29,72,706

₹ 55,661 - 61,931

₹ 6,71,751 - 9,72,706

₹ 25,00,000


₹ 35,68,489 - 40,58,003

₹ 59,474 - 67,633

₹ 10,68,489 - 15,58,003

IndusInd Bank Business Loan Statement

IndusInd Bank provides monthly statements to all of its customers via e-mail or in hard copies without any requests being raised from the customer’s end. These statements include all information regarding all the transactions made through account under the personal head or the loan account. At the time of the registration with the bank, the customer has to choose how they would like to receive these statements from the bank, whether on their registered email or in hard copy to be delivered at their registered residential address.

IndusInd Bank Business Loan Customer Care Number

All the prospective borrowers and existing customers of the bank can raise their concerns and queries with the help of IndusInd toll-free number at 1860 500 5004 or on 022 44066666. Customers are also requested to drop an email on in case they would like to enquire about the loans and products in detail. 

The IndusInd bank also offers a unique advantage to its customers through its Video Branch services through which it provides services like Loan Account Information, Unlocking your IndusNet account, EMI payment and many others. By providing your reference number, you can easily get the statements related to your loan account. 

About the bank

IndusInd Bank Limited is a Mumbai based India’s 6th most committed private bank, which offers commercial, transactional and electronic products and services in the banking sector. It has been recognized for its exceeding services and high end-products which befit all the sections of the society and their needs. The bank was established in 1994 and inaugurated by our then Union Finance Minister Manmohan Singh. As on 30th June 2016, IndusInd bank has a network of over 1,004 branches and 1886 ATM’s across 625 locations of the country. It also has representative branches in London, Dubai and Abu Dhabi. IndusInd Bank Limited is considered as the first among the new generation private banks established in India.