Private Sector BankTerm Loan (Capex / Expansion)Micro Enterprise (Investment ≤ ₹1 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

IndusInd Bank Indus Micro Business Loan

Primary Lending Institution:IndusInd Bank

₹2 Lakh to ₹30 Lakh MSME credit at 11.25% – 16.00% with Up to 3 years tenure.

Interest Rate11.25% – 16.00%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹2 Lakh to ₹30 LakhBased on turnover & project cost

Repayment TenureUp to 3 yearsWith moratorium where applicable

Collateral SecurityRequires minimum 2 years trade license and verified business premises.

What's Missing: Crucial Fine-Print & Exclusion Gaps

Requires minimum 2 years trade license and verified business premises.

Note: Eligo publishes these regulatory and commercial exclusions directly from bank product guidelines and CGTMSE rules to protect MSME applicants from unexpected fee debits or loan rejection surprises.

What is IndusInd Bank Indus Micro Business Loan?

Unsecured business loan providing urgent liquidity for retail shop expansion, inventory, and working capital.

Key Benefits & Features

Quick disbursal; minimal documentation; flexible repayment; doorstep service.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Small retail merchants, grocers, and distributors.

Business Vintage2+ Years in Operation

Min. Annual Turnover₹15.0 Lakh

Processing Fee1.50% to 2.00% + GST

Prepayment TermsZero prepayment penalty on floating rate loans as per regulatory norms

How to Apply (3 Verified Paths)

💼Path 1: Current Account Portal

Apply online via business net banking or approach loan account manager.

🌐Path 2: Official FinTech / Govt Portal

Apply online at https://www.indusind.com/in/en/business/loans/business-loan.html with digital KYC and financial statements.

🏢Path 3: SME Banking Center Walk-In

Visit nearest MSME branch of the institution with business registration and bank statements.

Eligo does not collect business loan applications or financial data. Apply directly on the verified official domain:

Visit Official Portal↗

Documents Required Checklist

Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.

Frequently Asked Questions

What is the maximum loan tenure and amount for IndusInd Bank Indus Micro Business Loan?

Borrowers can avail ₹2 Lakh to ₹30 Lakh with a repayment tenure of Up to 3 years.

What are the processing charges and collateral terms for IndusInd Bank Indus Micro Business Loan?

The processing fee is 1.50% to 2.00% + GST. Collateral terms: Requires minimum 2 years trade license and verified business premises.

What are the eligibility criteria for IndusInd Bank Indus Micro Business Loan?

Small retail merchants, grocers, and distributors. Minimum business vintage required is 2 year(s).

How can an applicant apply for IndusInd Bank Indus Micro Business Loan?

Apply online at https://www.indusind.com/in/en/business/loans/business-loan.html or visit nearest branch with KYC, Udyam registration, and bank statements.