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With how competitive the market has become, business loans often become necessary for entrepreneurs looking to keep up. IndusInd Bank Business Loan schemes are targeted towards self-employed professionals who are trying to take their business to new heights. 

The IndusInd Business loan is an unsecured, hassle-free, and easy-to-avail option for entrepreneurs. Read on to learn more about IndusInd Bank Business Loan to get the best deal for your business.

IndusInd Bank Business Loan Interest Rate & Charges

Interest rates and charges are important factors that you should consider as they affect your borrowing costs. Given below is an overview of IndusInd Bank Business Loan interest rate and other charges:

Interest rate

Starting at 13%, varies as per the loan amount/type

Processing fee

Up to 3% of the sanctioned loan amount, taxes excluded

Loan foreclosure charges

As mentioned in the sanctioned letter

Charges for cheque dishonour

₹500 + taxes for every cheque

**Disclaimer: The above-mentioned charges are subject to change at the lender’s discretion.

With a repayment period of up to 4 years, the IndusInd Bank Business Loan is an ideal solution for businesses. The easy documentation, speedy processing, along with door-step services are just some of the features of the IndusInd Business Loan.

IndusInd Bank Business Loan EMI Calculator

Loan EMI calculators are tools that provide an estimate of your loan repayment figures and the cost of borrowing. You can easily plan your repayment using the IndusInd Bank Business loan EMI Calculator.

With it, you get an estimate of your EMIs and know how well they fit into your budget. Even if you believe you have the most competitive business loan interest rates, you should still assess your financial situation and ensure that you can manage the payments. 

This is because calculating and understanding the terms and conditions, along with the EMIs of your borrowings, can assist you in choosing the ideal tenure and loan amount. To use the calculator, all you need is the IndusInd Business Loan interest rate, loan amount, and tenure.

Once you enter values, the estimated EMI value will appear on your screen instantly. The EMI calculator is easily accessible online on the bank’s official website and is free of charge. Remember, planning your business loan is key and will help you avoid costly mistakes. 

IndusInd Bank Business Loan Documents

To complete your IndusInd Bank Business loan application, you will need to submit the following documents:

  • Application form with recent passport-sized photographs

  • Valid KYC paperwork (identity, address, date of birth or signature proof)

  • Proof of Business (partnership deed or PAN card of the firm, Business MOA, AOA Certificates, bank statements)

  • Proof of Business Continuity (GST registration, Company PAN card, shop & establishment registration, other Govt. issued certificates) 

  • Business Ownership Proof (sales deed, property tax receipt, utility bills)

  • Banking details under the name of the Business

  • Business financials (audit reports, ITR, Form 3CD & 3CB, details of running loans if any)

IndusInd Bank Business Loan Eligibility

The IndusInd Bank Business Loan eligibility criteria are divided into two categories, financial and non-financial. The list is given below:

1. Financial criteria:

  • Minimum turnover of ₹1 Crore in the last fiscal year and audit reports of three years

  • Positive PBDT (Profit Before Depreciation and Tax) for the last 3 years

  • Paid-up capital must be greater than or equivalent to ₹10 Lakhs.

2. Non-Financial Criteria:

  • Applicant must be a property owner

  • Business owner should be 25 to 70 years (above 21 years for 2nd generation business owners)

  • At least 3 years of operations

  • A clear 12-month credit history for a minimum loan of Rs. 4 Lakhs

To enjoy a seamless application experience and get easy access to funds for your IndusInd Bank Business Loan, apply after you meet the eligibility criteria and have the documents ready. This will help ensure that your application is processed without any hitches. 

Features of the IndusInd Bank Business Loan

  • Multi-purpose Loan

The IndusInd Bank Business Loan is suitable for businesses looking for funds to finance expansions, upgrade infrastructure, or bolster working capital. Whether it’s equipment purchases, short-term cash needs, or adding inventory, the IndusInd Business Loan can be used for all purposes.

  • Loans Without Security 

A key feature is that this is an IndusInd Bank unsecured business Loan. This means you don’t need to pledge any security or collateral. This collateral-free feature of the IndusInd Business loan helps you safeguard your assets, while catering to business financing needs.

  • Hassle-Free Processing 

With easy documentation and speedy processing, your IndusInd Bank Business loan is approved in a short period. There are minimal delays and you get your loan amount sanctioned fairly quickly.

  • Door-Step Services Facility 

Besides digital provisions, you can avail the IndusInd Bank Business Loan via the door-step services on offer. Here, official representatives assist with loan processing in person, eliminating the need for physical visits to the branch. 

Types of Business Loan Scheme offered by IndusInd Bank

The following loan schemes are available at the IndusInd Bank:

1. IndusInd Bank Small Ticket Business Loan

Loan offered to business owners to meet their short and mid-term financing needs.

2. IndusInd Bank MSME Loan

Unsecured loan facility for MSME applicants primarily based in rural, semi-urban, and urban areas.

3. IndusInd Bank Loans to Merchants and Retailers

Loan facility for BMS (Bharat Money Store) merchants for their working capital requirements.

How to Apply for IndusInd Bank Business Loan

To avail an IndusInd Bank Business Loan, you can choose either the online or the offline mode. For the offline mode, you have to visit the branch of IndusInd Bank and submit the application with all the required documents.

Via the online mode, follow these steps: 

  • Visit the official website of IndusInd Bank Business Loan

  • Click the ‘Apply Now’ option on the top right corner

  • Fill out the form with all the required details

  • Click ‘Submit’ and wait for a representative to call you

A representative will contact you to take you through the next phase of the process. 

Comparing IndusInd Bank with Other Banks/NBFCS

Comparing all the business loan offers is an essential step in availing the best deals. When comparing the deals, you can identify cost-effective borrowing solutions.

An important part of comparing different deals is looking at the interest rate. This is because the interest rate has a significant influence on your cost of borrowing.

Here is a table with different business loan interest rates that you can compare with the IndusInd business loan interest rate.

Our Partners

Interest Rate Range

Max Loan Amount/ Tenure

Avail Loan

Bajaj Finance Limited

17% onwards

72 months

Apply Now

Ambit Finvest 

20% onwards

36 months

Apply Now

AYE Finance

28% onwards

36 months

Apply Now


12% onwards

36 months

Apply Now

IIFL Finance

18% onwards

60 months

Apply Now


20% onwards

48 months

Apply Now


16% onwards

36 months

Apply Now


15% onwards

9 months 

Apply Now

Lendingkart Finance Limited

15% onwards

36 months

Apply Now

Protium Finance Limited

1.25% p.m. onwards

72 months

Apply Now

**Disclaimer: The above-mentioned interest rates and tenure are subject to change at the lender’s discretion.

Apart from the interest rates, be sure to look at other factors. This will give you a holistic overview of which loan best suits your financial needs.

Factors That Determine Your Business Loan Interest Rate

There are a number of factors that influence your business loan interest rate. Here’s a brief overview with insights. 

  • Nature of Your Business

Your business size (large, medium or small), along with the nature of your business, can greatly influence the interest rate of your loan. Your business practices should be positive without any illegal activities. Before sanctioning a loan, lenders assess all the operations and financial activities of your business.

  • Business turnover

Lenders evaluate the annual turnover of a business. If your business flourishes and has a high turnover, the lender may offer lower interest rates and EMIs. If your business has a poor annual turnover, then the lender may charge higher interest rates, and your business loan will be costlier.

  • Your business’s profitability

Your business’s financial health, specifically its profitability, is also a governing factor in determining your business loan interest rate. Lenders assess the performance of your business and its ability to generate a good revenue stream with profits. This can lead to lower interest rates with manageable EMIs.

  • Your business’s track record 

Your business’s past track record of loan repayment is also crucial in determining a lower rate of interest for the business loan. The better your business's ability to repay debts, the higher the chances of you acquiring a loan with a competitive interest rate.

  • Your relationship with the bank 

If you’re an existing customer with the bank, then your relationship plays an important role in determining your interest rate. This is because lenders look for creditworthy borrowers. An existing relationship increases the likelihood of the loan terms being a bit more flexible.

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IndusInd Bank Customer Care

If you have any questions or need assistance with your application, you can contact the customer care team for quicker assistance. You can reach the customer care service of the IndusInd Bank by calling these numbers:

  • 18602677777 (for customers within India) 

  • 022-44066666 (for customers outside India)

Now that you know all about IndusInd Bank Business Loan, borrow responsibly!


The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort. 

The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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FAQs for Indusind Bank Business Loan

The minimum tenure of the IndusInd business loan is 12 months, while the maximum tenure is 48 months. However, this may vary depending on the type of loan you avail.

You can get an IndusInd business loan for anywhere between ₹10 Lakhs to ₹50 Lakhs.

While any assets owned by the business can qualify, you can also avail IndusInd Bank unsecured business loans to get financing without needing to pledge security. 

IndusInd Bank is one the largest private banks, which offers loans at interest rates starting from 13% p.a. The bank also offers different loan schemes to various business segments apart from other perks like low processing fees, door-step services etc.

Yes, the age of the business owner should be between 25 to 70 years, and for second-generation individuals, it should be above 21 years.

The prepayment charge on IndusInd Bank business loan is up to 5.5% of the loan amount (plus applicable taxes) depending on the loan scheme and tenure completed. This may change at the discretion of the bank.

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