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| IndusInd Bank Loan Against Property | |
| Interest rates | As per the credit profile of the borrower |
| Loan amount | Based on the customer profile |
| Loan tenure | Up to 20 years |
| Processing charges | Up to 3% of the loan amount |
Note: Rates updated as of 21 August 2025
Check LAP Interest Rates for Various Lenders Click Here
Table of Contents
IndusInd Bank Loan Against Property Interest Rates
IndusInd Bank has not disclosed the interest rates it has set for loan against property. However, many lenders consider the age, credit score, monthly income, occupation profile, etc while setting the loan against property interest rate for their loan applicants.
Compare Interest Rates on Loan Against Property for Top Banks & HFCs
| Name of the Lender | Interest Rate (% p.a.) | |
| State Bank of India | 9.20-10.50 | Apply Now |
| Bank of Baroda | 10.85-18.35 | Apply Now |
| PNB Housing Finance | 9.25-15.00 | Apply Now |
| IDFC First Bank | 9.00-16.50 | Apply Now |
| HDFC Bank Limited | 9.50-11.00 | Apply Now |
| L&T Housing Finance | 9.50 onwards | Apply Now |
| LIC Housing Finance | 9.50-11.55 | Apply Now |
| Godrej Housing Finance | 9.75 onwards | Apply Now |
| ICICI Bank | 10.85-12.50 | Apply Now |
| Tata Capital | 9.00 onwards | Apply Now |
| Axis Bank | 10.50-10.95 | Apply Now |
| Punjab National Bank | 10.15-14.00 | Apply Now |
Check Lenders Offering Loan Against Property at Low Interest Rates Click Here
IndusInd Bank Loan Against Property Fees and Charges
Processing charges
| Processing charges | Up to 3% of the loan amount |
Foreclosure charges
| For individual borrowers | NIL |
| For others | 4% of the principal outstanding (NO part or full prepayment allowed within 12 months of the EMI start date) |
Other fees and charges
| Cheque bounce charges including SI, ECS and ACH | Rs 500 per cheque bounce |
| Cheque swapping charges | Rs 500 per swap per instance |
| Duplicate repayment schedule charges | Rs 500 |
| Conversion charges | Upto 0.75% of the principal outstanding plus applicable taxes |
| Swap of property/collateral | 0.1% of the Loan Amount Outstanding or Rs 10,000 per event of such swap, whichever is higher |
| Penal Charges within 3 days of due date | 2% plus GST on total overdue (P+I) or Rs 100 plus GST whichever is higher |
| No Due Certificate / No Objection Certificate (NOC) |
NIL |
| Rebooking of loans (due to change in Property/Collateral, change in borrowing structure) |
Up to 2% of the loan amount |
Check LAP Interest Rates for Various Lenders Click Here
Types of IndusInd Bank Loan Against Property
The two types of IndusInd Bank LAP schemes are as follows:
- Loan against residential or commercial properties
- Lease rental discounting
Eligibility Criteria for IndusInd Bank Loan Against Property
Eligible constitution borrowers
- Individuals/Proprietorship concerns
- Partnership firms
- Private Limited Companies
- Closely held Public Ltd Companies (not listed on any stock exchange)
For salaried individuals:
- Any individual employed permanently in any Public sector Undertaking, Government undertaking, Multi National Company, Listed public limited company or well-known private limited company can apply
- Minimum age: 21 years
- Maximum age: lower than retirement age
For self-employed professionals and non-professionals:
- Doctors, Chartered Accountants, Cost Accountants, Architects, Engineers, Company Secretary, CFA’s can apply
- Any individual filing Income Tax returns can apply
- Minimum age: 21 years
- Maximum age:70 years
Along with the above-mentioned criteria, IndusInd Bank may also consider the asset owned, liabilities, and property value while evaluating the loan against property eligibility of its applicants.
Check Lenders Offering Loan Against Property at Low Interest Rates Click Here
Documents Required for IndusInd Bank Loan Against Property
Common documents required for both individuals and non-individuals:
- Application form with passport size photographs
- KYC Documents: Valid ID/Residence/Signature Proof
- Latest 6 months bank statement of the MAIN CA/SA/CC/OD account
- Copy of all property documents of the concerned property that you wish to mortgage for loan
- Processing fee cheque
Additional documents required for individuals
Latest Form 16/ITR copy/Appointment letter and last 3 months’ salary slips / Salary Certificate
Additional documents required for non-individuals
- Latest 2 years ITR along with Computation and Acknowledgement.
- 2 years financials with full schedules & audit rpt (Form 3CD & 3CB).
- Financials to be audited for T/O > 40 /60 Lacs case else should be CA certified
The bank may also ask for additional loan against property documents based on the applicant’s profile.