Credit Limit
Overview
IndusInd Bank understands that long-term financial planning is crucial for business expansion and sustainability. Our Term Loans are crafted to support your strategic growth initiatives, providing the necessary capital for various business needs. Our offerings, include Term Loan, Foreign Currency Term Loans, Lease Rent Discounting (LRD) and Capital Expenditure Loans which are designed to meet the unique requirements of businesses.
Our term loans offer the financial strength to help businesses grow strategically, without burdening their cash flow. Whether you’re planning new projects, expanding your operations, or purchasing real estate, we offer you the flexibility and resources to pursue your ambitions confidently.
Product Suite
Foreign Currency Term loans
Access long-term financing in foreign currency for global business needs.
Working Capital Term Loans
Sustain daily operations with customized working capital financing.
Term Loan for Property Purchase
Finance commercial property purchase with convenient repayment.
Features
A flagship product with class leading features
25 L to 30 Cr
Lower Costs
Competitive & Transparent Pricing
Versatile Collateral Options
Residential, Commercial, Industrial & Liquid Securities
Eligibility Criteria
Explore the key Requirements for securing a Term Loan to Fuel your Business Expansion and Sustainable Growth Expansion
Business Vintage
Minimum of 3 years
Profitable Business
For Last 2 years
Business Turnover
1 Cr to 250 Cr
Document Checklist & Credit Timeline
Credit Decisioning Timeline
| Loan Amount | Timeline |
|---|---|
| Loan amount less than 25 Lakhs | Applications will be decided within 14 working days |
| Loan amount more than 25 lakhs | Applications will be decided within 45 working days |
| *Timelines are subject to the submission of a complete set of documents by the customer | |
Document Checklist
| List of Documents |
|---|
| Application form/Customer request letter |
| MOA/AOA/ Partnership deed along with ROF in case collateral is in partnership firm name |
| KYC & Pan Details of Borrower/Relevant Parties |
| GST Registration cetificate & GST Returns |
Click here to download the full list of documents:
- List of Documents for Loan Amount less than 2 Crores
- List of Documents for Loan Amount more than 2 Crores
*List is illustrative & additional documents may be required on a case-to-case basis.