IndusInd Bank Loan Against Property

A Mortgage Loan from IndusInd Bank to meet your financial needs

The right loan against property to consolidate your debts and live a stress-free life

IndusInd Bank Loan Against Property

This loan helps borrowers get access to funds by mortgaging their residential/commercial property to the bank to meet their urgent financial needs such as wedding expenses, travel expenses, medical exigencies, higher education and so on.

Features of IndusInd Bank Loan Against Property

Why this Loan?

  • The IndusInd Bank Loan Against Property is meant for borrowers who want to avail financial assistance by mortgaging their residential property to the bank to meet their urgent financial needs other than for capital market, business, trading or speculative purposes. This loan can also be repurposed into a consolidation loan to pay off high-interest debts
  • IndusInd Bank also offers this loan scheme against rentals from commercial property

Loan Amount

  • The loan amount to be sanctioned under this loan scheme is decided by the bank on a case-to-case basis


  • The interest rate for this loan can be anywhere from 9.50% to 13.60%


  • This loan must be repaid within 15 years


  • The borrower must be at least 21 years of age
  • Individuals, proprietorship concerns, partnership firms, private limited companies and public limited companies not listed on the stock exchange are eligible for this loan

Margin Money (Borrower’s Contribution to Total Cost)

  • As of October 2020, this information is not mentioned on the bank’s website. Please talk to a representative to get more details

Security Needed

  • The bank asks for the first charge of equitable/registered mortgage of property

Processing Charges

  • The bank charges 1.00% of the loan amount for processing the loan with a maximum of Rs. 50,000

Documents Needed for Individuals (Salaried and Self-employed)

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card / PAN Card Issuing Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income/Banking Proof for Salaried Professionals: Last 3 months’ salary slip, Form 16 or income tax returns
  • Income/Banking Proof for Self-employed Professionals/Non Professionals: Computation of income of last 2 years, Balance Sheet, Profit and Loss Account, Registration Certificate, GST Return, Income Tax Challan / Form 26AS / TDS Certificate, IT Assessment, etc.
  • Property related documents

Reference Facts

  • IndusInd Bank Website:
  • Headquarters: Pune, Maharashtra
  • Call Centre Toll-Free Number: 1860 500 5004