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Compare Business Loan - IndusInd Bank vs Dhan Laxmi Bank

Interest Rate
Interest Rate
14.00% - 23.00%
12.90% - 16.10%
Processing Fees
Processing Fees
Loan Amount
Loan Amount
₹ 50,000 to ₹ 15 Lakh
₹ 10 Lakh to ₹ 5 Cr
Loan Tenure
Loan Tenure
12 to 60 Months
12 to 60 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 2,327
₹ 2,270
Part Payment Charges
Part Payment Charges
Not Allowed
Allowed after 6 months at 3%
Foreclosure Charges
Foreclosure Charges
Allowed after 12 months at 4%
Allowed after 0 months at 2 - 5%
Borrower’s Age
Borrower’s Age
25 to 65 Years
23 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
24 Months
48 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 0
₹ 0
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare EMI of IndusInd Bank and Dhan Laxmi Bank Business Loan

Loan Amount IndusInd Bank Dhan Laxmi Bank
₹ 1 Lakh ₹ 2,327 ₹ 2,270
₹ 5 Lakh ₹ 11,634 ₹ 11,351
₹ 10 Lakh ₹ 23,268 ₹ 22,702
₹ 15 Lakh ₹ 34,902 ₹ 34,053

Which is a better bank for Business Loan – Dhan Laxmi Bank or IndusInd Bank?

Dhan Laxmi Bank offers lower Business Loan EMI at 2270 on a Business Loan for 60 Months as compared to IndusInd Bank with a minimum EMI of 2327 for 60 Months. Average customer ratings for Dhan Laxmi Bank is currently at /5.0 which makes it a good choice for taking a Business Loan.

How does Dhan Laxmi Bank Business Loan compare with IndusInd Bank Business Loan?

A detailed comparison of Dhan Laxmi Bank and IndusInd Bank Business Loan on various terms and conditions highlight key differences in their offerings and allows the customer to take an choose the best bank for Business Loan. Results of a comparative analysis between both banks highlight that:

  • Lowest Interest rate of Dhan Laxmi Bank Business Loan is 12.90%, which is lower than the lowest interest rate of IndusInd Bank at 14.00%. Hence, Dhan Laxmi Bank is offering a cheaper loan option.
  • When compared on other Business Loan charges such as processing fees, IndusInd Bank charges a processing fees of 2.50% while Dhan Laxmi Bank charges a processing fees of .
  • Dhan Laxmi Bank offers Business Loan upto an amount of ₹ 5 Cr while IndusInd Bank offer Business Loan upto an amount of ₹ 15 Lakh. Dhan Laxmi Bank can be a better option if you are looking for a high value amount.
  • One feature that makes Business Loan a better option is foreclosure facility. Dhan Laxmi Bank gives the option to close the loan after Zero months at 2 - 5% and IndusInd Bank gives the option to close the loan after 12 months at 4%. This makes Dhan Laxmi Bank a better option for Business Loan.
  • Dhan Laxmi Bank allows part payment on Business Loan after 6 months at 3%, while IndusInd Bank does not offer part payment facility on Business Loan. This makes Dhan Laxmi Bank a better option for customers who want to retain the flexibility of reducing their loans whenever they have surplus funds available.
  • IndusInd Bank can be a better option if you are looking for fund requirements after 24 months. Dhan Laxmi Bank offers a business loan once if business is 48 months old. Hence, IndusInd Bank should be a preferred choice for relatively new enterprises.
  • with an average customer ratings of is equally comparable to with an average customer rating of . Hence, the customer can expect the same kind of service levels from these banks.

Which bank offers lower interest rate on Business Loan – Dhan Laxmi Bank or IndusInd Bank?

As per the current rates, Dhan Laxmi Bank offers a lower interest rate of 12.90% on Business Loan when compared to IndusInd Bank which offers a Business Loan at 14.00%.

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Know more about Dhan Laxmi Bank Business Loan

Compare IndusInd Bank Business Loan With Other Banks

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Know About MSMEs and Mudra Loan

Business Loan News - Apr 2021
  • 2021-04-12 : Rs. 15 lakh crores sanctioned under the Mudra Yojna in last 6 years
    The finance ministry reported that banks and financial institutions have sanctioned Rs. 15 lakh crores to over 28.68 crores beneficiaries in the last 6 years. Prime Minister Mudra Yojna or PMMY was launched in April 2015 with an aim to promote entrepreneurship.
  • 2021-04-07 : IIFL Home Finance signs co-lending agreement with Standard Chartered Bank
    IIFL Home Finance and Standard Chartered Bank have entered into a co-lending arrangement for extending credit. Under this agreement, IIFL Home Finance and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance will service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing.
  • 2021-04-05 : Yes Bank Jan-March deposits up 54% to 162, 947
    Yes Bank reported that the bank’s loan and advances which include home, personal, LAP, gold, two-wheeler, car and doctor loans along with business and mudra loans increased by 0.8% in year-on-year (YoY) terms to Rs. 172,850 crores. In addition to this, the bank deposit which includes fixed and recurring deposits grew 54.7% to Rs. 162,947 crores as compared to ₹105,364 crores on a yearly basis. The CASA(current and savings account) was up 51.8% to Rs. 42,587 crores against Rs. 28,063 crores YoY.
  • 2021-04-05 : Karnataka Bank targeting 1.42 lakh business turnover in FY 22
    Karnataka Bank is looking for 12% business growth in the current fiscal and targeting 1.42 lakh business turnover. The bank emphasised that it is planning to leverage digital banking to achieve its target.
  • 2021-03-26 : Digital Banking likely to play a major role in the banking sector
    RBI Governor emphasised that digital lending is going to play a major role in the coming years and the market will be more technology-dependent. Further, he suggested that banks need to adapt to new technologies and adapt to the changes and transformations which are happening in the world of digital lending to remain in sync with time.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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