Indusind Bank Car Loan Interest Rates

Interest Rate 10.65% to 15.50% for cars and multi-utility vehicles
Loan Processing Charges Up to 1% of the loan amount (Non-refundable)
Documentation charges Up to Rs 5000 / vehicle (Non-refundable)
Loan Tenure Minimum Tenure - 12 months Maximum Tenure - 60 Months
Loan Handling Charges Up to 5% of the loan amount
Stamping Charges As per the State’s Stamp Act (Non-refundable)
Loan Cancellation Charges Rs 1500 per cancellation
Overdue monthly interest Compounded monthly - Up to 36% per annum
Swap Charges - Replacement of PDCs and repayment modes Up to Rs 500 / swap
Foreclosure Charges 5% of the outstanding principal amount
Duplicate NOC Issuance Charges Rs 500 / vehicle / issuance
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