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About IndusInd Bank
Address of IndusInd Bank Branches in Mumbai
Products Offered by the IndusInd Bank in Mumbai
Basic details about IndusInd Bank products
Documents Required
IndusInd Bank Mumbai
Last Updated : Sept. 5, 2018, 3:24 p.m.
About IndusInd Bank
The IndusInd bank is one of the private banks which has been established with the equal contribution by the Indian residents as well as the Non-Resident Indians. The bank has established the vision of the founder of Hinduja group and renowned NRI businessman Mr. S.P. Hinduja. The headquarter of the bank ios in the commercial capital of India, Mumbai. The bank was inaugurated by then Finance minister Sh. Manmohan Singh. The bank was established to contribute to the developing economy and social sector. The bank was set up in the year 1994 with the capital value of 1000 million. Out of this money, around 600 million was raised by the Indian Residents and rest was raised and contributed by the NRIs. The bank is growing leap and bounds and has currently around more than 1000 branches and 1,800 ATMs to cater the requirements of the customers.
The name of the bank has been influenced by the famous and ancient Indus valley civilization. The bank is determined to keep the spirit of innovation along with the trade and business practices intact. The aim of the bank is to provide the valuable and beneficial solutions to the financial problems of the clients. It wants to expand its global reach and has started three representative office internationally in London, Abu Dhabi, and Dubai. The bank also wants to become the forerunner in terms of profitability, productivity, and efficiency. The customer responsiveness is one of the important factors. It proposes to increase the number of branch, profit, and client within three years. The bank wants to add the value to its stakeholder and give them the best output for trusting in them. Its main focus is to deliver the best and become a value-oriented asset for all those who are associated with it.
Address of IndusInd Bank Branches in Mumbai
| Branch Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Opera House | Indusind House, 425, Dadasaheb Bhadkamkar Marg Mumbai - 400004 | INDB0000001 | 400234002 | 022 23857474 / 9494 23859913 |
| Bandra | IndusInd Centre 231, S.v. Road, Bandra (west) Mumbai - 400050 . | INDB0000003 | 400234003 | 022 26457800 / 8320 /27 26458323 |
| Nariman Point | Ground Floor, Maker Chambers IV, Nariman Point | INDB0000006 | 400234004 | 022 26457800 / 8320 /27 26458323 |
| Andheri | Acme Plaza, C.t.s. No. 32 opp. Sangam Talkies, Andheri - Kurla Road, Andheri (e), Mumbai 400059 | INDB0000018 | 400234005 | 022 28237636 - 40 28237574 |
| Vashi | Showroom Nos. 3 5 Plot No. 21, Sector 24 Vashi Turbhe Navi Mumbai 400705 | INDB0000024 | 400234006 | 022 27830026 / 27 / 1008 27830034 |
| Lokhandwala | Morya Estate, New Link Road, Andheri (w), Oshiwara, Mumbai 400053 | INDB0000028 | 400234007 | 022 66951107 -10 66951106 |
| Fort | Premises No. 1, Sonawala Building 57, Mumbai Samachar Marg, Fort, Mumbai 400001 | INDB0000033 | 400234009 | 022 66366580 - 83 66366590 |
| Mulund | Marathon Max, Shop No. 12 - 15, Mulund - Goregaon Link Road, Mulund (w), Mumbai - 400080 | INDB0000047 | 400234012 | 022 2592 7080 / 6808 / 6833 2592 6837 |
| Kandivali (west) | Shop No. 5, Between A & B Wing, Kamala Nagar, M G Road, Kandivali (w), Mumbai - 400067 | INDB0000048 | 400234014 | 022 28022079 / 80/ 82 28022083 |
| Chembur | Unit Numbers 8, 9, 10, Sunny Estate (2), Sion Trombay Road Chembur, Mumbai - 400071 | INDB0000053 | 400234015 | 022 25260881/82/85 5260883 |
| Dadar | 607 A, Ground Floor, Dolat Manzil, Next To Parsi Gymkhana Dr. Ambedkar Road, Dadar (east), Mumbai - 400014 | INDB0000056 | 400234013 | 022 24167911/17 24167930 |
| Panvel | Lakhani Landmark, Plot No. 19, Sector No. 19, Shop No. S - 01a, Panvel Matheran Road, New Panvel (east), Navi Mumbai 410206 | INDB0000093 | 400234010 | 022 2748 3156/54 27483026 |
| Mahim | P.D.Hinduja National Hospital , Veer Savarkar Marg, Mahim, Mumbai 400016 | INDB0000503 | 400234008 | 022 24455301 / 24455563 24455091 |
| Ghatkopar | Business Park, Tilak Road, Ghatkopar East, Mumbai – 400 077 | INDB0000152 | 400234016 | 1860 500 5004 |
| Juhu | Sonbar, Plot No 13, Juhu 10th Road, Mumbai – 400 049 | INDB0000153 | 400234017 | 1860 500 5004 |
| Borivali, Mumbai | Ground Floor, Ram Krupa Co - Operative Housing Society Ltd., Near Gokul Hotel, S.v.p. Road, Borivali (west), Mumbai 400 092 | INDB0000165 | 400234020 | 022 31920255, 31920244 |
| Malad, Mumbai | 03/103, Accord Nidhi, Link Road, Malad (w), Mumbai 400 101 | INDB0000179 | 400234022 | 022- 28880403 |
| Vile Parle (east) , Mumbai | Ground Floor, Shop No.1, Gemini Builders, Nehru Road, Vile Parle - E, Mumbai - 400 057 | INDB0000268 | 400234023 | 022-26126177 / 78 / 79 / 80 |
| Prabhadevi, Mumbai | Ground Floor, Unit No. 2, Marathe Udyog Bhavan, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 | INDB0000332 | 400234025 | 022-2430 4697 / 98, 2431 1695 / 5849 / 5857 / 8244 |
| Lower Parel (west) , Mumbai | Ground Floor, Raghuvanshi Mills Compound, Senapati Bapat Marg, Lower Parel (west), Mumbai 400 013 | INDB0000341 | 400234026 | 022 -24950353, 24950355, 24950357, 24950358, 24950359, 24950360 |
| Bandra Kurla Complex, Mumbai | NO.C - 2, West Core Area, Ground Floor Tower No.3, Bharat Diamond Bourse Complex, G Block, Bandra Kurla Complex, Bandra (east), Mumbai 400 051 | INDB0000342 | 400234027 | 022 -26754141 - 47 |
Products Offered by the IndusInd Bank in Mumbai
The products that are offered by the IndusInd bank is tailor- made for the customer to give them the solution at the time of financial need and emergency. The lack of fund can no longer stop you to achieve your goal. The bank has so much to offer from its financial kit to provide the best solution to your fund requirements like the personal loan, loan against property, home loan, gold loan, fixed deposit etc. IT has also introduced many innovative services like video branch, cash on mobile, my account my number etc to provide more customized services to the customers.
Basic details about IndusInd Bank products
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | The 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. | 8.40% - 9.75% | 0.50% of the loan amount | Up to 30 years or until attaining age of 70 years |
| Personal Loan | The 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 | 10.25% - 26.00% | 2.50% of the loan amount | Up to 5 years |
| Car Loan | 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 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 guidelines | Nil | For new vehicles - 3 years |
| Loan Against Property | Eligible 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 amount | Up to 15 years |
| Gold Loan | Any individual between 21 to 70 years Should own the gold. | Up to ₹ 6 lakh | 11.65%- 15.35% p.a. | 2% of the loan amount | From 3 to 12 months |
| Fixed Deposit | Individual 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 | 2.50% - 6.00% | 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 Mumbai are mentioned in the table below:
| Products | Documents Required |
|---|---|
| Home Loan | Loan 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 Loan | Loan 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 Loan | 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 entity, Rental deed/ Utility deed in the name of the company. |
| Loan Against Property | Duly 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 Loan | Identity proof Residence proof Photographs Signature proof |
| Fixed Deposit | Application 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. |
