What Indian Bank asks for on personal, home, business, vehicle, education loans - age, income, credit score, amounts, rates and documents - read from its own pages and labelled by how sure we are. Last verified 2 November 2026.
One free check compares your profile with Indian Bank and the other 39 lenders we track. It does not touch your credit score.
How Indian Bank tends to lend (our read): Salary-credit driven. Twenty times gross salary is on the table if your salary lands in an Indian Bank account or your employer signs a check-off; otherwise you need a home loan with them first. Business lending is digital and GST/ITR-scored. Lends in: Metro, Tier 2, Tier 3 / other locations.
Indian Bank Personal Loan Eligibility
Inferred
By ClearToLend's estimate (not a rule Indian Bank publishes). See the source card.
Age
21 to 60 years (age when the loan ends)
Minimum income
₹15,000 net per month
Credit score
750+ preferredOur working estimate - the lender does not publish a floor
Employment
Salaried
Work experience (salaried)
2 years total
Loan amount
₹50,000 to ₹50,00,000
Tenure
1 year to 7 years
Interest rate
9.65% to 11.4% p.a.
EMI-to-income limit (FOIR)
About 60% of incomeOur working estimate - lenders rarely publish this
Fees and charges
Processing nil for government / PSU employees; others 1% of the loan, maximum Rs 10,000.
Documents Indian Bank lists
Last 6 months' salary slips showing all deductions, attested by the employer, or the latest Form 16
Proof of employment: employment order, employer-issued photo ID, employee number
Form 16 / ITR
PAN card (mandatory)
KYC: passport, Aadhaar, ration card, election ID or driving licence
Authorisation to debit the savings account / ECS / NACH mandate
Research notes
IB Clean Loan to Salaried Class: permanent employees with 2 years' service at government, quasi-government, boards, endowments, reputed companies or corporate establishments; entry age 21; the loan closes 3 months before superannuation; take-home pay after the EMI must stay at or above 40% of gross; up to 20 times gross monthly salary over up to 84 months, capped at Rs 50 lakh where salary is credited to Indian Bank without a check-off and uncapped with a check-off or an existing Indian Bank home loan. Published term-loan rates are 9.65% to 10.15% floating and 10.90% to 11.40% fixed. No income floor or score is published: the Rs 15,000 floor and Rs 50,000 minimum are nominal estimates, so the block is tagged inferred. Self-employed professionals have a separate IB Professional loan (age 21 to 70, Rs 7.5 lakh gross a year for 2 years, up to 2.5 times income or Rs 30 lakh) that is not modelled here.
By ClearToLend's estimate (not a rule Indian Bank publishes). See the source card.
Age
18 to 70 years (age when the loan ends)
Minimum income
₹10,000 net per month; self-employed: ₹1,20,000 a year
Credit score
750+ preferredOur working estimate - the lender does not publish a floor
Employment
Salaried or self-employed
Business vintage (self-employed)
3 years in business
Funding (LTV)
Within RBI limits: up to 75-90% of the property value, depending on the loan size
Loan amount
₹1,00,000 to ₹50,00,00,000
Tenure
1 year to 30 years
Interest rate
7.15% to 8.55% p.a.
Fees and charges
Processing Rs 1,500 (loans up to Rs 25 lakh), Rs 2,500 (up to Rs 75 lakh) or Rs 5,000 (above) + GST; incidental charges Rs 250 a year.
Documents Indian Bank lists
Identity and address proof
Income proof - salary slips / ITR
Bank statements
Property documents
Research notes
Indian Bank's IB Home Loan page publishes a minimum entry age of 18, salaried applicants with 3 months' salary record (government / PSU) or 2 years' total experience (MNC / reputed companies), 3 years' experience for businessmen and self-employed, tenure up to 30 years, margin of 10% / 20% / 25% by loan size, and take-home pay of at least 40% of gross (or Rs 50,000 a month above Rs 15 lakh gross income); the floating rate card shows 7.15% to 8.55%. The maximum age of 70 is aggregator-reported (BankBazaar), and no income floor, score or amount cap is published, so the Rs 10,000 floor and Rs 1 lakh to Rs 50 crore range are our estimates and the block is tagged inferred.
IND DIGI MSME: brown-field units with at least 12 months' vintage, active GSTIN, ITR and 12 months' bank statements mandatory, promoter CIBIL 730+ (CMR 1-6 for the entity), positive net worth; limits above Rs 10 lakh up to Rs 5 crore (Rs 20 lakh where ITR is filed under presumptive taxation), 20% margin on stock and book debts, CGTMSE cover or 100% collateral. Assessed by the bank's digital business-rule engine. The Rs 10 lakh turnover figure is a floor implied by the Rs 10 lakh minimum ticket, not a published number. The smaller Pre-Approved Business Loan (Rs 1-10 lakh, fixed 36 months, age 21-70, CIBIL 730+) is only for existing current-account customers with 12 months' transactions.
By ClearToLend's estimate (not a rule Indian Bank publishes). See the source card.
Minimum income
₹25,000 net per month; self-employed: ₹3,00,000 a year
Employment
Salaried or self-employed
Vehicles financed
New car, used car, two wheeler
Funding (LTV)
up to 90% of the price (new car); up to 80% of the price (used car); up to 75% of the price (two wheeler)
Loan amount
₹1,00,000 to ₹5,00,00,000
Tenure
1 year to 7 years
Fees and charges
Processing: new car Rs 1,200 + GST; two-wheeler 1%; used car 1% capped at Rs 10,000; prepayment nil for individuals, 2% for non-individuals; CIBIL charge Rs 30 per person.
Documents Indian Bank lists
Application form with photograph; identity and residence proof
Employment proof and salary certificate (salaried)
Balance sheets and IT returns for the past three years (professionals, businessmen, self-employed)
Bank statement or passbook for six months
Driving licence and dealer quotation for the vehicle
Research notes
IB Vehicle Loan publishes income by vehicle type: new car salaried Rs 25,000 gross monthly / self-employed Rs 3 lakh net a year by ITR; used car Rs 20,000 net monthly / Rs 3 lakh; two-wheeler Rs 10,000 net monthly / Rs 1.5 lakh (pensioners Rs 20,000 / Rs 10,000). The new-car figures are used here. No age window or score is published, so the block is inferred. New cars up to Rs 5 crore over 84 months with 10%-15% margin; used cars Rs 3 crore, 72 months, 20%-30%; two-wheelers Rs 10 lakh, 48 months, 25%-30%; above Rs 25 lakh the excess needs 100% collateral. Minimum loan and minimum tenure are our estimates; no rate is published on the product page.
Student: evidence of existing loans, passport for studies abroad, Aadhaar and PAN
Co-applicant/guarantor: KYC identity/address proof, photographs, evidence of existing loans, Aadhaar and PAN
Research notes
IB Education Loan (IBA) page: Indian national (incl. NRI) admitted through entrance test or merit after 10+2 to a recognised course in India or abroad, parents/guardian/spouse as joint borrowers; collateral and third-party guarantee waived up to Rs 7.5 lakh under CGFSEL (fee absorbed by the bank), category-specific security above. Need-based with no published cap; margin nil up to Rs 4 lakh, 5% India / 15% abroad to Rs 7.5 lakh, 15% / 20% above; up to 180 EMIs after course + up to 1 year; student life insurance mandatory; the Executive MBA variant needs 3 years' experience, up to Rs 25 lakh, 25% margin, 120 EMIs. Rate and processing fee are on separate schedules not captured, so none is modelled; the 12-month minimum repayment term is our estimate.
ClearToLend is not affiliated with or endorsed by Indian Bank. Criteria are taken from public sources as of 2 November 2026 and can change; confirm the current terms with Indian Bank before you apply. A match is not a loan offer or approval.
Indian Bank Loan FAQs
The minimum net monthly income is ₹15,000, by ClearToLend's estimate (not a rule Indian Bank publishes), as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
You need to be at least 21 and no older than 60 when the loan ends, by ClearToLend's estimate (not a rule Indian Bank publishes).
Rates run from 9.65% to 11.4% a year, by ClearToLend's estimate (not a rule Indian Bank publishes). Your own rate depends on your credit score, income and employer.
The minimum net monthly income is ₹10,000, by ClearToLend's estimate (not a rule Indian Bank publishes), as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
You need to be at least 18 and no older than 70 when the loan ends, by ClearToLend's estimate (not a rule Indian Bank publishes).
Rates run from 7.15% to 8.55% a year, by ClearToLend's estimate (not a rule Indian Bank publishes). Your own rate depends on your credit score, income and employer.
A credit score of 730 or above, according to Indian Bank's own website. A higher score usually gets a better rate; the lender makes the final call after pulling your report.
You need to be at least 21 and no older than 70 when the loan ends, according to Indian Bank's own website.
The minimum net monthly income is ₹25,000, by ClearToLend's estimate (not a rule Indian Bank publishes), as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
No. ClearToLend compares your details with Indian Bank's published criteria without pulling your credit report, so nothing is recorded on your CIBIL file. ClearToLend is not affiliated with Indian Bank and does not send your details to it.
