IndusInd Bank Kolkata

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About IndusInd Bank

The IndusInd bank is one of the leading private sector banks in India. The bank was established in the year 1994 and the idea to start this venture came from the NRI businessman and the founder of the Hinduja group Mr. S.P. Hinduja. The bank was started with the capital amount of 1000 million. Among this 400 million was raised and contributed the Non- Resident Indians. The bank was established so as to contribute to the economic and social development and growth of the country. It has enjoyed the clearing status for the major stock exchanges and major commodity exchanges. It is one of the banks which is rapidly growing and has spread its networks with more than 1000 branches and 1,800 ATMs.

The name of the bank is one of the important features of it as it has been derived and inspired from the ancient Indus valley civilization. One of the ancient and popular cultures which was advanced and was full of the spirits of innovations along with trade and business practices. The main aim of the bank offers the best quality service and banking facilities to its client. It also wants to be the relevant partners of the stakeholders in terms of business. The bank wants to add the value and increase the profit for the shareholders. The bank has the focus on its short-term goal of three years to double the branches, profits, and clients. The bank wants to be the most preferred and trusted bank among the people by giving them the quality service with the help of its proactive workforce and updated technology and system.

Address of IndusInd Bank Branches in Kolkata

Branch NameAddressIFSC CodeMICR Contact Details
KolkataSavitri Towers, 3a, Upper Wood Street, Kolkata – 700017INDB0000015700234002033 30212400 / 01 (30 LINES) BH - DIRECT 22896204.
Burra bazarBurra Bazar, 46, Kali Krishna Tagore Street (1st Floor) Kolkata - 700007INDB0000052700234005033 22594856/57, 22594819 22594855
Stock ExchangeFortune Chamber, 6, Lyons Range, Ground Floor, Kolkata 700001INDB0000515700234004033 22312723 / 24 22312725
DunlopH - 84, B.T. Road, Netaji Colony, Dunlop (nr Tobin Road Crossing), Kolkata - 700 090INDB0000304700234010(033) 25313372, 25313373 , 25313374, 25313375 25313376, 25313377
Kankurgachi194 A, Jyotsna Apt, Manikata Main Road, Kankurgachi, Kolkata - 700 054INDB0000305700234008(033) 23203665, 23203666, 23203667, 23203668, 23203669, 23203670
Prince Anwar Shah, KolkataGround Floor, Merlin Oxford #22, Prince Anwar Shah Road, Kolkata - 700 033, West BengalINDB0000314700234009033-24174780/82/85/ 91/95/96
Bhowanipore13, Elgin Road, Kolkata 700 020, West BengalINDB0000463700234019033- 22870278
RN Mukherjee RD- Kolkata G-4, Building No18, Rajendra Nath Mukherjee Road, Kolkata- 700 001, West BengalINDB0000382700234015033-22624731 / 33 / 34 / 35 / 36 / 38
Salt Lake, Sector-1- KolkataGround Floor, Bf-20, Salt Lake, Sector-1, Tank No 4, Cap Camp Stoppage, Kolkata- 700 064, West BengalINDB0000526700234020033-23342267; 033-23342270; 033-23342271; 033-23342272; 033-23342273; 033-23342275
Salt Lake, Sector-v, KolkataGround Floor (front Side), ?merlin Infinity?, Dn-51, Salt Lake, Sector-v, Kolkata- 700 064, West BengalINDB00005877002340211860 500 5004
Kasba KolkataGrd Flr Rene Tower Plot No Aa1 1842 Rajdanga Main Road Ward No 107 Kasba Kolkata 700107 WBINDB000087270023402340056052
Lake Town KolkataGround Floor P721 Laketown Block A Kolkata 700089 West BengalINDB000090970023402440053703
G C Avenue KolkataGrd Flr Shop No 5a Chittaranjan Avenue G C Avenue Near Chandni Chowk Metro Station Bow Bazar Kolkata WBINDB000096370023402540055981

Products Offered by the IndusInd Bank in Kolkata

The IndusInd banks have the array of products and services which they utilize to provide the assistance to the customer at the time of financial requirements. The products like the home loan, car loan, loan against property, personal loan, fixed deposit etc. are offered by the bank to make the wishes and dreams of the customer come true. The services like the direct connect, quick redeem, cash on mobile, my account my number etc are few which has been innovated by the bank. It provides the all-round services to provide the best required financial solution.

Basic details about IndusInd Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe age of the applicant should be between 21 - 65 years

Salaried individuals with minimum 3 years experience

Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years
Depend upon the individual's income and profile.8.70% - 9.40%0.50% of the loan amountUp to 30 years or until attaining age of 70 years
Personal LoanThe age of the applicant should be between 21 - 60 years ( for the salaried individual) and 25-65 (for the self- employed professional or businessman)


The minimum net salary should not be less than ₹ 25,000 per month for the salaried Individual
For the self- employed businessmen or professionals the minimum annual net income should be ₹ 4.8 lakh for last 2 years.

The salaried individual should have the minimum experience of 2 years in the job and at least 1 year at the current organisation.
For the self employed professionals the minimum work experience should be at least 4 years and at least 5 years of work experience post qualification for the self- employed businessman.

For the salaried individuals- You should at least have 1 year stay at the current residence.
Minimum of ₹50,000 Up to maximum of ₹ 15 lakh 10.99% - 16.00%2.50% of the loan amountUp to 5 years
Car LoanEligible 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 year 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 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.
85% of the showroom value.

Depend on the income and profile of the applicant.
As per bank's guidelinesNilFor new vehicles - 3 years
Loan Against PropertyEligible Segments - Individuals, professionals, reputed firms and companies, closely held public limited company.

Should be of age between 21- 70 years

Any individual filing the income tax returns can apply.
As per the individual income and the property evaluation 10.35%- 14.10% p.a.2% of the loan amountUp to 15 years
Gold LoanAny individual between 21 to 70 years

Should own the gold.
Up to ₹ 6 lakh11.65%- 15.35% p.a.2% of the loan amountFrom 3 to 12 months
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
HUF
Partnership Firm
A company
Association or any other Institution
Minimum - ₹ 1,000
Maximum - No predetermined limit
3.50% - 8.65%15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

The documents required for the different products by IndusInd Bank Kolkata are mentioned in the table below:

ProductsDocuments Required
Home LoanLoan Application with passport size photograph of applicant / guarantor
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Signature proof- Passport/ PAN Card
Processing fee cheque
Detailed cost estimate/valuation report from Bank's Panel Chartered Engineer/Architect
Allotment letter of Co-operative Housing Society/ Apartment Owners' Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
Last 3 months Salary Certificate and Form No.16/ITR for last 3 years (in case of salaried persons)
IT Returns filed for the past three years (in case of non-salaried persons)
Educational qualification certificate and the Proof of business existence (in case of self-employed businessmen or professionals)
Balance Sheet and P&L Account for the past three years (in case of self-employed businessmen or professionals)
Personal LoanLoan Application with passport size photographs
Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Latest 3 months Salary Certificate and Form No.16 ( for the salaried individual)ITR/ITAO along with computation of income, B/S, P&L account with all scheduled certificate by the CA for last 2 years ( For the self- employed)
Bank statement: For salaried individuals: Last 3 months bank statement (where salary is credited)For the self- employed: latest 6 months bank statement/ passbook (current account)
For the self- employed: Proof of Qualification, Proof of continuity of business or profession.
Car Loan1 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 entity, Rental deed/ Utility deed in the name of the company.
Loan Against PropertyDuly filled Loan Application with passport size photographs - 2 copies each
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Signature Proof: Passport/ PAN Card.
Income proof: Last 3 month salary slip or salary certificate and ITR/ Form-16/ Appointment letter ( for the salaried individual)
Last 2 years income tax returns and complete business profile and acknowledgement. Last 2 years financial with full schedules and audits by the certified CA.
Bank Statement- Last 6 months bank statement, Last 3 years Profit/ loss and Balance sheet ( for self- employed professionals)
Processing Fee cheque
Property related documents: All the title related documents of the property that you wish to mortgage for loan.
Gold LoanIdentity proof
Residence proof
Photographs
Signature proof
Fixed DepositApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.

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