Hi I want to share my experience about indusind bank I am taken vehicle loan in indusind bank in 2015. I purchased hero honda bike with indusind bank loan in that time the indusind executive says vehicle loan interest is 12% per year. The bank is taken to the interest 14 % per year. This is very fraud and the bank executive says there is no pre closing charges for the loan. I am taking 20 EMI'S in that time. And after 10 months I want to close my loan. Then bank executive says if want to close your loan you have to pay pre closing charges for the loan. I am shocked, they are saying at the time of taking loan more options but all the options are fraud. I want to say please don't take any loans from this bank