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Compare IndusInd Bank vs HDFC Bank Business Loan

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Interest Rate
Interest Rate
13.00% - 29.00%
11.90% - 21.35%
Processing Fees
Processing Fees
₹ 499
Loan Amount
Loan Amount
₹ 50,000 to ₹ 15 Lakh
₹ 50,000 to ₹ 50 Lakh
Loan Tenure
Loan Tenure
12 to 60 Months
12 to 48 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 2,275
₹ 2,628
Part Payment Charges
Part Payment Charges
Not Allowed
Not Allowed
Foreclosure Charges
Foreclosure Charges
Allowed after 12 months at 4%
Allowed after 12 months at 2 - 4%
Eligible Age
Eligible Age
25 to 65 Years
21 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
24 Months
36 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 0
₹ 1 Cr
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare Business Loan EMI of IndusInd Bank and HDFC Bank

Loan Amount IndusInd Bank HDFC Bank
₹ 1 Lakh ₹ 2,275 ₹ 2,628
₹ 5 Lakh ₹ 11,377 ₹ 13,142
₹ 10 Lakh ₹ 22,753 ₹ 26,285
₹ 15 Lakh ₹ 34,130 ₹ 39,427

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

IndusInd Bank offers lower Business Loan EMI at Rs. 2275 for 60 Months compared to HDFC Bank with a minimum EMI of Rs. 2628 for 48 Months. In addition, average customer ratings for IndusInd Bank is currently at /5.0, making it a good choice for taking a Business Loan.

How does HDFC Bank Business Loan compare with IndusInd Bank Business Loan?

A detailed comparison of HDFC 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 HDFC Bank Loan is 11.90%, which is lower than the lowest interest rate of IndusInd Bank at 13.00%. Hence, HDFC Bank is offering a cheaper loan option.
  • Compared to other Business Loan charges such as processing fees, IndusInd Bank charges a processing fee of 2.50%, while HDFC Bank charges a processing fee of Upto ₹ 499.
  • HDFC Bank offers Business Loan upto an amount of ₹ 50 Lakh, while IndusInd Bank offers Loan upto an amount of ₹ 15 Lakh. Therefore, HDFC 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 the foreclosure facility. HDFC Bank and IndusInd Bank gives the option to close the loan after 12 months at 2 - 4% and 4%. This makes HDFC Bank a better option for Business Loan.
  • IndusInd Bank gives business loan at a minimum turnover of ₹ 0 . However, the turnover requirement for a business loan from HDFC Bank is ₹ 1 Cr. Hence, small businesses may find is easier to get a loan from IndusInd Bank.
  • IndusInd Bank can be a better option if you are looking for fund requirements after 24 months. HDFC Bank offers a business loan once if business is 36 months old. Hence, IndusInd Bank should be a preferred choice for relatively new enterprises.
  • HDFC Bank has an average customer rating of 4.5. In contrast, has an average customer rating of , based on which it is clear that HDFC Bank has a high customer service focus, an easy process and a quick turnaround.

Which bank offers a lower interest rate on Business Loan – HDFC Bank or IndusInd Bank?

As per the current rates, HDFC Bank offers a lower interest rate of 11.90% on loans compared to IndusInd Bank, which offers a Business Loan at 13.00%.

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Know more about HDFC Bank Business Loan

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