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LOANS FOR VEHICLES AND MSME FINANCIAL REQUIREMENTS

For any requirements for finance to purchase plant & Machinery for your business unit or buying a vehicle for commercial application or personal use, let INDUSIND be your one stop shop. We finance the entire gamut of vehicles brands and also extend loans for purchase of machinery for your MSME units.

Avail of finance at attractive terms with add-ons of

  • Quick and easy processing with simple hassle free documentation
  • Transparency with no hidden costs
  • Flexible repayment options: 12 to 60 months schemes tailor made to suit customer requirements
  • Fast track loan processing

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LOANS TO INDIVIDUAL BORROWERS FOR THE PERIOD 1ST JAN TO 31ST MAR 2015
  INTEREST RATE RANGE
Model Min Max Mean
SMALL COMMERCIAL VEHICLES 16.00 28.00 22.00
PASSENGER CARS 11.00 15.00 13.50
CONSTRUCTION EQUIPMENT 11.00 15.00 12.50
LIGHT COMMERCIAL VEHICLES 11.00 16.00 13.75
MEDIUM AND HEAVY COMMERCIAL VEHICLES 11.00 15.00 12.25
MULTI UTILITY VEHICLES(JEEP) 11.00 16.00 13.50
TRACTOR 13.00 20.00 17.00
TWO WHEELERS 21.00 29.00 24.00
USED/PREOWNED VEHICLES 14.00 21.00 16.75
* Please refer our schedule of charges for details on the fees/charges applicable at the time of loan processing
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  • SAVINGS RATES

  • Daily balance upto 1 lac 4 %
  • Daily balance above 1 lac and upto 10 lac 5 %
  • Daily Balance above 10 lac 6 %
  • DEPOSIT RATES

  • 1 year to 1 year 2 months 8.5 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1.5 lacs) 8.5 %
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Motor Insurance

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