Information only
Indian Bank is a public sector bank. The Reserve Bank of India (RBI) lists its registered office in Chennai. The bank began operating in 1907, was nationalised in 1969 and took in Allahabad Bank in 2020. According to the bank's website, as of 8 November 2026, its retail menu covers home, vehicle, personal, education and jewel loans, and its MSME menu lists several named schemes alongside the Mudra programme. This page is an information summary, not an offer, and it does not compare the bank with other lenders.
Loans it offers
Loans listed on Indian Bank's website
| Loan | What to know |
|---|---|
| Home loans | The bank lists IB Home Loan, IB Home Loan Plus and IB Plot Loan under a segment it calls Yuva-Connect. The property is the security. An interest subsidy scheme under PMAY-Urban 2.0 also appears on its retail loan menu. |
| Personal loans | IB Personal Loan is listed together with a product for professionals. The offer depends on your income, existing EMIs and credit history. |
| Loans against property | The bank lists a Mortgage Loan under its retail menu. It is secured on property you own, so valuation and a legal check of the title come first. |
| Business and MSME loans | The bank names IND Start Up Scheme, IND Digi MSME, IND PM Vishwakarma, IND SME E Vaahan and Mudra products such as Tarun Plus and an online Shishu Mudra loan. Some are tied to central government programmes. |
| Car loans | IB Vehicle Loan is the bank's vehicle finance product. The vehicle is hypothecated to the bank. |
| Gold loans | The bank offers a Jewel Loan and a separate Agricultural Jewel Loan Scheme for farm-related needs. Gold is the security. |
| Education loans | The bank lists its Education Loan, the PM-Vidyalaxmi scheme, IB Skill Loan and an IBA model education loan. The course decides which one applies. |
| Loans for professionals | IB Professional is listed beside the personal loan. It is meant for people in professional practice, subject to the bank's own criteria. |
Read how these loans work on LOANZ 360: home loans, personal loans, loans against property, business loans, car loans, gold loans, education loans, professional loans. The bank's own website is the record of its current products, schemes and terms, so confirm there before you apply.
Key facts
| Fact | Detail |
|---|---|
| Regulator category | Public sector bank (regulated by the Reserve Bank of India) |
| Registered office (RBI listing) | Chennai, Tamil Nadu |
| Ownership | Majority owned by the Government of India |
| Founded | Began operating on 15 August 1907 |
| Nationalised | 1969 |
| Mergers | Allahabad Bank amalgamated into Indian Bank with effect from 1 April 2020 |
As of 8 November 2026, Indian Bank's website address has moved to indianbank.bank.in, and the bank's own history page records the Allahabad Bank amalgamation of 1 April 2020.
Before you apply
- If you are buying a flat or plot, ask whether the bank wants the builder's project to be on its approved list before it considers your file.
- The PMAY interest subsidy is a government scheme with its own eligibility rules. Ask the bank whether your income group and property qualify before you count on it.
- Read the Key Fact Statement (KFS) and compare offers on the annual percentage rate (APR), because the APR includes the lender's fees.
- Processing, foreclosure and penal charges are set by the lender. Ask for them in writing.
LOANZ 360 compares your details with each partner lender's published eligibility criteria before any application goes to a lender. This helps avoid unnecessary credit enquiries; too many lender checks in a short time can lower your score. Checking your own score does not lower it.
Compare how lenders' published rates stand on the interest rates page, or see how lenders are listed. The label on a lender page, lending partner or information only, is drawn by the site from live data. If this bank is shown as information only, apply on its own website.
Last updated 12 Nov 2026