When the time arrives to own your dream car, let finances not be the stumbling block. Drive home in your dream car with an Indus Car Loan.
Car loans made as simple as deciding the model.
You can apply for a Car Loan online. Click on the Apply Now button on this page, fill in your details and submit it. We will get back to you for further process. Alternately, you can visit a branch and submit the Loan application form.
** Conditions apply
The tenure of the loan could range from 1 to 4 years (however the tenor can be increased based on the customer's relation ship at the discretion of the bank) for new car and 1 to 3 years for used cars
We fund up to 85% of the ex-showroom price of the vehicle which varies depending on the model
The lending rates vary on the basis of discounts, which are offered by manufacturers and dealers. IBL has a tie-up with most of the manufacturers and authorised dealers and our sales team will help you negotiate the best deal on your car loan.
Interest is calculated on a monthly reducing balance basis.
You can approach us in any of the following ways
Any individual who has the ability to repay the loan as per the bank standards residing in the same city can be taken as co-applicant. This requirement varies from case to case and our sales team would help you out.
No additional security/collateral has to be provided apart from the car against which the loan is granted, which should be hypothecated to IndusInd Bank.
The loan can be repaid through post dated cheques drawn on IndusInd Bank Ltd.
We will encourage you to start a banking relationship with us so that we will be able to offer a host of other value added services, which are complementary to the loan. However, opening an account with us is not mandatory.
Yes, IndusInd Bank has tailor made schemes for persons like you. We offer funding without the income proof also.
Yes, the car should be hypothecated to IndusInd Bank after the loan sanction process before disbursement. We fund used car up to 5 years from the date of manufacture.
Average rating based on 14 ratings
1 out of 1 (100%) reviewers recommend this product
Review by ananthan, Jun | 2014
i like do pay my car loan trough net banking pls send details to my mail ig email@example.com