IndusInd Bank Car Loan Mumbai Interest Rate- Wishfin

IndusInd Bank Car Loan in Mumbai

About IndusInd Bank Car Loan in Mumbai

Mumbai is the commercial capital of India. It headquarters several banks and is one of the well-known cities of India. The city is one of the developed cities of India. The car is the privilege that everyone needs in their life and it is one of the important parts of the status symbol. But it is not always possible for the people to buy the car at one go with all the expenses. IndusInd bank car loan is one of the financial solutions that helps those who need finance for the car. It is one of the best loan available as the interest rate is minimal with no processing fee.

IndusInd Bank Car Loan in Mumbai at a glance

ParticularsDetails
Interest RateAs per bank's guidelines
Loan amount85% of the showroom value.
Depend on the income and profile of the applicant.
TenureFor new vehicles - 3 years
Processing feeNil
Pre- payment chargesAs 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 further information, Click Car Loan Mumbai.

Address of IndusInd Bank Branches in Mumbai

Branch NameAddressIFSC CodeMICR Contact Details
Opera HouseIndusind House, 425, Dadasaheb Bhadkamkar Marg Mumbai - 400004INDB0000001400234002022 23857474 / 9494 23859913
BandraIndusInd Centre 231, S.v. Road, Bandra (west) Mumbai - 400050 .INDB0000003400234003022 26457800 / 8320 /27 26458323
Nariman PointGround Floor, Maker Chambers IV, Nariman PointINDB0000006400234004022 26457800 / 8320 /27 26458323
AndheriAcme Plaza, C.t.s. No. 32 opp. Sangam Talkies, Andheri - Kurla Road, Andheri (e), Mumbai 400059 INDB0000018400234005022 28237636 - 40 28237574
VashiShowroom Nos. 3 5 Plot No. 21, Sector 24 Vashi Turbhe Navi Mumbai 400705INDB0000024400234006022 27830026 / 27 / 1008 27830034
LokhandwalaMorya Estate, New Link Road, Andheri (w), Oshiwara, Mumbai 400053INDB0000028400234007022 66951107 -10 66951106
FortPremises No. 1, Sonawala Building 57, Mumbai Samachar Marg, Fort, Mumbai 400001INDB0000033400234009022 66366580 - 83 66366590
MulundMarathon Max, Shop No. 12 - 15, Mulund - Goregaon Link Road, Mulund (w), Mumbai - 400080INDB0000047400234012022 2592 7080 / 6808 / 6833 2592 6837
Kandivali (west)Shop No. 5, Between A & B Wing, Kamala Nagar, M G Road, Kandivali (w), Mumbai - 400067INDB0000048400234014022 28022079 / 80/ 82 28022083
ChemburUnit Numbers 8, 9, 10, Sunny Estate (2), Sion Trombay Road Chembur, Mumbai - 400071INDB0000053400234015022 25260881/82/85 5260883
Dadar607 A, Ground Floor, Dolat Manzil, Next To Parsi Gymkhana Dr. Ambedkar Road, Dadar (east), Mumbai - 400014INDB0000056400234013022 24167911/17 24167930
PanvelLakhani Landmark, Plot No. 19, Sector No. 19, Shop No. S - 01a, Panvel Matheran Road, New Panvel (east), Navi Mumbai 410206INDB0000093400234010022 2748 3156/54 27483026
MahimP.D.Hinduja National Hospital , Veer Savarkar Marg, Mahim, Mumbai 400016INDB0000503400234008022 24455301 / 24455563 24455091
GhatkoparBusiness Park, Tilak Road, Ghatkopar East, Mumbai – 400 077INDB00001524002340161860 500 5004
JuhuSonbar, Plot No 13, Juhu 10th Road, Mumbai – 400 049INDB00001534002340171860 500 5004
Borivali, MumbaiGround Floor, Ram Krupa Co - Operative Housing Society Ltd., Near Gokul Hotel, S.v.p. Road, Borivali (west), Mumbai 400 092INDB0000165400234020022 31920255, 31920244
Malad, Mumbai03/103, Accord Nidhi, Link Road, Malad (w), Mumbai 400 101INDB0000179400234022022- 28880403
Vile Parle (east) , MumbaiGround Floor, Shop No.1, Gemini Builders, Nehru Road, Vile Parle - E, Mumbai - 400 057INDB0000268400234023022-26126177 / 78 / 79 / 80
Prabhadevi, MumbaiGround Floor, Unit No. 2, Marathe Udyog Bhavan, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025INDB0000332400234025022-2430 4697 / 98, 2431 1695 / 5849 / 5857 / 8244
Lower Parel (west) , MumbaiGround Floor, Raghuvanshi Mills Compound, Senapati Bapat Marg, Lower Parel (west), Mumbai 400 013INDB0000341400234026022 -24950353, 24950355, 24950357, 24950358, 24950359, 24950360
Bandra Kurla Complex, MumbaiNO.C - 2, West Core Area, Ground Floor Tower No.3, Bharat Diamond Bourse Complex, G Block, Bandra Kurla Complex, Bandra (east), Mumbai 400 051INDB0000342400234027022 -26754141 - 47

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%