Car Loan Rates EMI 2024
IndusInd Bank Car Loan in Indore
Last Updated : April 6, 2017, 10:57 a.m.
About IndusInd Bank Car Loan in Indore
IndusInd is one of the new generation bank which started its operation in the year 2004. The car loan is one of the loan product that will help the customer with the finances. Indore is one of the fast changing city and the car is one of the aspiration that everyone wants to achieve. For all of them, IndusInd bank car loan is the answer to their finances problem. With this the lack of fund will no more be the reason to not buy the car.
IndusInd Bank Car Loan in Indore at a glance
| Particulars | Details |
|---|---|
| Interest Rate | As per bank's guidelines |
| Loan amount | 85% of the showroom value. Depend on the income and profile of the applicant. |
| Tenure | For new vehicles - 3 years |
| Processing fee | Nil |
| Pre- payment charges | As per bank’s norm |
Eligibility Criteria
- Eligible Segments – Individuals, professionals, reputed firms and companies
- The age of the applicant should be between 21- 60 years for salaried individuals and 21- 65 years for self- employed.
- Minimum annual gross salary of the individuals should ₹ 2.50 lakh for salaried individual and minimum net profit for the self- employed should be ₹ 2 lakh.
- The salaried individuals Should have minimum work experience of 3 years and at least 1 year with the current employer.
- The self- employed should have the minimum experience of 3 years in the current business or professions.
- The applicant must have the residential stability. The minimum stay in the city should be at least 3 years and the minimum stay of 1 year in the current residing house.
- The CIBIL score should be 600 and above. Should not have negative or caution profile.
Documents Required
- 1 passport size photograph
- Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible and self-attested)
- Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
- Proof of Income: Latest 2 months salary slip with form 16 Audited balance sheet, and the latest 2 years IT returns of the company/ Latest ITR, bank statement reflecting salary credits for last 4 months.
- Bank Statement: Income statement, balance sheet, and ITR for last 2 years ( for self- employed), Last 6 months bank statement (for salaried individual)
- Business Proof: CST Certificate/ Labour act, Shop establishment act/SSI certificate, Proof of ownership of the entity, Rental deed/ Utility deed in the name of the company.
To get more information, Click Car Loan Indore .
Address of IndusInd Bank Branches in Indore
| Branch Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Indore | Industry House 15 Agra Mumbai Road, Old Palasia, Indore - 452001 | INDB0000011 | 452234002 | 0731 2542696 / 7 / 8 2539092 |
| Sapna Sangeeta Main Road, Indore | Ground Floor, Shubham Corporate, No.27, Patel Nagar, Scheme 31, Traffic Root No.6, 7, Sapna Sangeeta Main Road, Indore, Madhya Pradesh | INDB0000378 | 452234003 | 0731-2760419, 2760420, 2760421, 2760422, 2760423 (FAX) 0731-2760424 |
| Kalod Kartal | Ground Floor, Plot No 87, Anuradha Nagar, Village: Kalod Kartal, Khandwa Road, Bypass Chouraha, Dist: Indore, Madhya Pradesh Pin Code-452 020 | INDB0000535 | NON-MICR | 7509999025 |
| Shramik Nagarik Sahkari Bank, Indore | 123, Devi Ahilya Marg, Shram Shivir, Jail Road, Indore - 452003 | INDB0SNSB01 | 452556002 | 0731-2534604 0731-2534604 |
| Asrawatbujurag | Gr Flr Asrawatbujurag Nemawal Rd Post Dhudia Teh District Indore Madhya Pradesh 452 016 | INDB0000623 | NON-MICR | 7509333360 |
| Asravadkhurd | Gr Flr Plot 4 Gram Asrawe Khurd Tehsil Dist Indore 452020 Madhya Pradesh | INDB0000626 | NON-MICR | 7581810169 |
| Umrikheda | Gr Flr Near 28 K Toll Naka Gram Umrikheda Tehsil Dist Indore Madhya Pradesh 452007 | INDB0000627 | NON-MICR | 7581810168 |
| Bilawali | Gr Flr Plot 63 Ganesh Nagar Gram Bilawali Tehsil Dist Indore 452020 Madhya Pradesh | INDB0000628 | NON-MICR | 7581810170 |
| Sanawadiya | Gr Flr Survey 2 1 Paiki Gram Sanwariya Tehsil Dist Indore Madhya Pradesh 452016 | INDB0000630 | NON-MICR | 7509333315 |
| Y N Road | Gr Floor Shirish Chambers Plot No 25 1 Yashwant Niwas Road Y N Road Shivshakti Nagar Indore 452 003 MP | INDB0000850 | 452234012 | 9993200003 |
| Cloth Market | Gr And 1st Floor Plot No 31 Sir Hukumchand Marg Itwariya Bazar Near Shish Mahal Cloth Market Indore 452 002 MP | INDB0000851 | 452234011 | 9303227840 |
| Annapurna Road Indore | Ground Floor 5a Bhawanipur Colony Annapurna Main Road Indore 452009 Madhya Pradesh | INDB0000871 | 452234013 | 262149 |
| Vijay Nagar Indore | Ground Floor Dhan Trident Pu 4 Block No B3 Ab Road Satya Sai Square Vijay Nagar Indore 452010 MP | INDB0000878 | 452234014 | 235276 |
| Siyaganj Indore | Upper Ground Floor Prem Trade Centre Shop No 5 8 Maharani Road Siyaganj Indore 452007 MP | INDB0000879 | 452234015 | 2534231 |
| Kankariya Pal | Ground Floor Village Kankariya Pal Panchayat Sanwer Teh Hatod Dist Indore 453551 MP | INDB0000907 | 452234017 | 9111944636 |