Indusind Bank Car Loan Interest Rates
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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