Apply for Affordable Home Loans Online

Car Loan EMI Calculator

IndusInd Bank offers custom-fit car loans tailored for every individual. Calculate EMI for your dream car.

I wish to avail a loan amounting at interest rate for approximately months only.

calculate now

*Moratorium for 30 days applied. Results are indicative in nature

Click here to know more.
*Moratorium for 30 days applied. Results are indicative in nature. Please get in touch with the branch for more details

Car Loan Benefits

At IndusInd Bank, we not only offer the best car loan but also help in researching and finding the perfect car for you!

Attractive interest rates

Competitive & convenient interest rates within your budget limit.

Repayment tenure

Choose the loan tenure from our wide, easy and flexible repayment tenure up-to 60 months.

Loan processing and documentation

Simple, quick and easy documentation with doorstep assistance.

Loan Offering

Get up-to 100%* finance on new car loans in a hassle-free manner with pocket friendly EMI options.

Car Loan Eligibility Criteria and Documentation

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹2.5 Lakhs per annum
  • Age: 23 years to 60 years
  • Stability: Minimum 3 years’ employment stability and at least 1 year in the current employment
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Income proof :
    • Latest - Form 16/ Income Tax Returns
    • Last 3 months' salary slips
    • Bank Statements – 3 months
We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹3 Lakhs per annum as per latest ITR
  • Age: 23 years to 65 years
  • Stability: Minimum 3 years’ business stability
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Documents
    • Latest 2 years’ Income Tax Returns with IT computations
    • 3 months' Bank statements
    • Business Incorporation Certificate /Business Proof
We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • 3 years’ business stability
  • Age: 23 years to 65 years
  • Own residence Stability
Document details
  • No Income Proof:
    • 6 months' bank statements
    • Business incorporation certificate/business continuity proof for last 3 years
    • Owned house proof
  • No Income Proof (Agricultural)
    • Form J or 'Patta' copy of minimum 3 acres (land document)
    • 6 months' bank statements
    • Owned House pro
Eligibility criteria
We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Minimum 3 years of Valid driving license with badge
  • Age: 25 years to 60 years
  • Mandatory Guarantor with at least 12 months of commercial experience with valid repayment track/ RC copy / license with badge
  • Own house / Own house Guarantor
  • Residence stability – 2 years in the city and 1 in the current residence / no stability required in case of own house
Document details
  • Proof of identity:
    • Driving license with badge
    • Own house proof

Car Loan Schedule of Charges


  • What is the Car Loan Application Process?

    IndusInd Bank’s car loan application process is simple and hassle-free. To apply for a car loan at IndusInd bank’s website, you need to provide basic information such as:

    • Your Name
    • Mobile Number
    • PAN
    • Pincode

    Once you have submitted the above-mentioned details, an IndusInd Bank agent will contact you and explain the features and logistics of applying for a car loan.

    Alternatively, you can reach us via

  • How to get your Car Loan Approved Faster?

    Getting quick approval on your car loan will depend on your EMI installment. Use our EMI calculator to determine the EMI amount that you will have to pay. Additionally, check the eligibility criteria online before submitting your car loan application. These two things can help you plan your application well resulting in steady approval.

    You can also accelerate your car loan approval process by submitting the required documents and completing the Know Your Customer (KYC) formalities.

  • What is the tenure for which I can avail a New Car Loan?

    IndusInd Bank offers flexible tenure options ranging from 1-5 years. In some cases, it can be extended up to 7 years.

  • Can I get 100% funding to buy a new car?

    IndusInd Bank offers new car loans of up to 100%* of the car value. We also offer to finance for the insurance and registration of your vehicle. Both offers might vary depending on factors such as vehicle cost & credit parameters.

  • What’s the minimum credit score I need to get a New Car Loan?

    To avail of a new car loan at IndusInd Bank, your credit score would need to be above 600. With a high credit score, you can receive approval for a higher loan amount.

    Read more

By accessing the information on this website, you irrevocably agree to the terms and conditions specified below.

This website is owned and maintained by IndusInd Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Bank. However, the Bank does not guarantee the accuracy, completeness and correctness of the information displayed in the website and disclaims any and all kind of liability, current or future, for any error made or omission committed with respect to information or material available on this Website and/ or linked website. No information contained herein has been independently verified by anyone else. The Bank owns all content displayed on this website including various logos, trademarks, service marks etc. unless indicated otherwise. Information may be downloaded from this website for noncommercial and personal use provided all copyright and other proprietary notices within downloadable content is retained. Distribution, reproduction, redistribution, modification, transmission, reporting and reusing any downloaded information for public or commercial purposes without the Bank’s written consent is prohibited. Any downloadable content shall not be used for illegal activities. This website does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of the Bank by any person in any jurisdiction, including India and the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. Any person placing reliance on the information contained in this website or any other communication by the Bank does so at his or her own risk and the Bank shall not be liable for any loss or damage (whether direct, indirect, consequential, loss of profits, business opportunities, etc.) caused pursuant to any act or omission based on or in reliance upon the information contained herein. The contents of this Website are provided on an "as is" basis and no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this website. Past performance is not necessarily indicative of future results. Except as otherwise noted, all of the information contained herein is indicative and is based on management information, current plans and estimates in the form as it has been disclosed in the Bank’s website. Parts of the website may contain documents that constitute forward-looking statements. Any opinion, estimate or projection herein constitutes a judgment as of the date of this website and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. All forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. Important factors that could cause actual results to differ materially include, among others, future changes or developments in the Bank’s business, its competitive environment and political, economic, legal, social and regulatory conditions. Given these risks, uncertainties and other factors, viewers of this website are cautioned not to place undue reliance on these forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future events or developments. The Bank may alter, modify or otherwise change in any manner the content of this website, without obligation to notify any person of such change or changes. The accuracy of this website is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Bank. This Website may contain information sourced from third parties. The Bank is not responsible for the contents of or information offered by such third parties on this Website or linked website. Inclusion of such information on this Website does not imply any degree of endorsement by the Bank, regarding the quality of information provided or the nature of content provided by the third party. You or any third party accessing the Website irrevocably agrees to the exclusive jurisdiction of the courts at Mumbai in relation any matter connected or related to use or access of the Website and waives any objection to any proceedings on grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum. The governing law in such legal proceedings referred to above shall be the laws of the Republic of India.

*Terms and Conditions apply. All Loans at the sole discretion of IndusInd Bank Ltd.