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IB Insta Cash

A salary-account overdraft for eligible employees, with a minimum monthly salary credit of ₹25,000, a one-year period and a limit of ₹25,000 to the lower of ₹2 lakh or two months' salary.

Interest rate9.00% p.a. floating under the current Indian Bank personal-segment rate table.Maximum amount₹25,000 minimum; maximum is the lower of ₹2,00,000 or two months' salary.TenureOne year; the overdraft is repayable on demand and must be liquidated three months before retirement.
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Quick eligibility check

IB Insta Cash

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Minimum monthly salary credited to the Indian Bank account: ₹25,000?

Published source: Minimum income

2Does your annual income meet this requirement: salary credits must have been received for at least one month?

Published source: Minimum income

3Does your annual income meet this requirement: Regular employee of Government, State Government, PSU, listed company or autonomous body with salary credited to an Indian Bank savings account for at least one month and monthly credit of ₹25,000 or more?

Published source: Eligibility

4Do you meet this requirement: NTHP after OD interest must be at least 40%?

Published source: Eligibility

5Do you meet this requirement: IBCLS borrowers are excluded?

Published source: Eligibility

6Document checkDo you have this required document or proof: OD application by the salary-account holder?

Published source: Required documents

7Document checkDo you have this required document or proof: Latest salary slip?

Published source: Required documents

8Document checkDo you have this required document or proof: Demand promissory note?

Published source: Required documents

9Document checkDo you have this required document or proof: Acceptance of sanction terms and conditions?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeOverdraft facility in the Indian Bank savings account into which the customer's salary is credited.View source
The page calls the facility an overdraft in the salary-credit savings account.
Source
IB Insta Cash — Indian Bank
Page / section
Purpose; facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate9.00% p.a. floating under the current Indian Bank personal-segment rate table.View source
The current floating table lists IB Insta Cash at 9.00%.
Source
Indian Bank floating personal-segment rates
Page / section
Clean Loan — IB Insta Cash
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkThe rate is labelled floating; no named benchmark or spread is published in the reviewed sources.View source
The official row publishes the floating rate without naming a benchmark.
Source
Indian Bank IB Insta Cash benchmark review
Page / section
Clean Loan — IB Insta Cash
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published for IB Insta Cash.View source
The reviewed sources publish interest rate but no separate calculation.
Source
Indian Bank IB Insta Cash review
Page / section
Complete scheme criteria; interest-rate table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeMinimum monthly salary credited to the Indian Bank account: ₹25,000; salary credits must have been received for at least one month.View source
The target-group row requires at least one month of salary credits and a minimum monthly salary of ₹25,000.
Source
IB Insta Cash target group
Page / section
Target Group
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹25,000 minimum; maximum is the lower of ₹2,00,000 or two months' salary.View source
The published quantum row states the ₹2 lakh/two-month salary lower-of formula and ₹25,000 minimum.
Source
IB Insta Cash quantum
Page / section
Quantum of loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureOne year; the overdraft is repayable on demand and must be liquidated three months before retirement.View source
The official table states one-year period, on-demand repayment and liquidation three months before retirement.
Source
IB Insta Cash period and repayment
Page / section
Period; repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNo separate IB Insta Cash processing-fee row is published in the reviewed current personal-segment schedule.View source
The reviewed schedule lists other clean salary-loan fees but no separate IB Insta Cash row.
Source
Indian Bank IB Insta Cash fee review
Page / section
Current personal-segment fee schedule
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate prepayment charge is published; the facility is repayable on demand and reviewed annually.View source
The source states on-demand repayment and annual review but does not publish a distinct foreclosure charge.
Source
Indian Bank IB Insta Cash prepayment review
Page / section
Repayment; other terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityRegular employee of Government, State Government, PSU, listed company or autonomous body with salary credited to an Indian Bank savings account for at least one month and monthly credit of ₹25,000 or more; NTHP after OD interest must be at least 40%; IBCLS borrowers are excluded.View source
The official target group, quantum and exclusion rows provide the employer, salary, NTHP and IBCLS rules.
Source
IB Insta Cash eligibility
Page / section
Target Group; Quantum; Other terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsOD application, salary-slip copy, signed demand promissory note, acceptance of sanction terms and employer intimation.View source
The official documentation row lists five required items.
Source
IB Insta Cash documentation
Page / section
Documentation
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsRegular employee of Government, State Government, PSU, listed company or autonomous body with salary credited to an Indian Bank savings account for at least one month and monthly credit of ₹25,000 or more; NTHP after OD interest must be at least 40%; IBCLS borrowers are excluded.View source
The manually reviewed product record states: “Regular employee of Government, State Government, , listed company or autonomous body with salary credited to an Indian Bank savings account for at least one month and monthly credit of ₹25,000 or more; NTHP after interest must be at least 40%; IBCLS borrowers are excluded.”.
Source
IB Insta Cash — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Minimum monthly salary credit ₹25,000 and at least one month of salary credits
  • limit ₹25,000 minimum; maximum lower of ₹2,00,000 or two months' salary
  • Nil margin, nil moratorium and no collateral security
  • One-year period with on-demand repayment and annual review

Eligibility

  • The salary must be credited to an Indian Bank savings account. After servicing interest, net take-home pay must remain at least 40%.
  • The must be liquidated three months before retirement. Borrowers under the Loan against Salary (IBCLS) facility are not eligible.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • application by the salary-account holder
  • Latest salary slip
  • Demand promissory note
  • Acceptance of sanction terms and conditions
  • Intimation to employer

Related official documents

IB Insta Cash — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗
Processing Fee on Personal Segment Loan Products — Indian Bankofficial-fee-schedule · current · accessed 31 Aug 2026
↗
Interest Rates on Personal Segment Loan Products: Floating — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Target group · Published detailRegular employees of Government, State Government, , listed companies or autonomous bodies; organisations with more than 50 salary accounts may also be covered.

This value is copied from IB Insta Cash — published terms. Check the table notes before relying on it.

Source: IB Insta Cash — Indian Bank · Complete scheme table; current rate and fee schedule Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsIB Insta Cash — published termsCurrent Indian Bank salary-account overdraft eligibility, limit, repayment and documentation.View tableHide table

Scroll sideways to view every column

IB Insta Cash — published terms
ParameterPublished detail
Target groupRegular employees of Government, State Government, , listed companies or autonomous bodies; organisations with more than 50 salary accounts may also be covered.
Salary conditionSalary credited to Indian Bank savings account for at least one month; minimum monthly salary credit ₹25,000.
Limit₹25,000 minimum; lower of ₹2,00,000 or two months' salary maximum.
Facility / marginOverdraft; nil margin.
NTHPAt least 40% after servicing interest.
Period / repaymentOne year; repayable on demand; liquidate three months before retirement.
Rate9.00% p.a. floating.
SecurityNil.
FeeNo separate IB Insta Cash row published in current personal-segment schedule.
Documents application, salary slip, demand promissory note, acceptance letter and employer intimation.
Exclusion / reviewIBCLS borrowers excluded; annual review and renewal/enhancement/cancellation based on account conduct.
IB Insta Cash — Indian Bank · Complete scheme table; current rate and fee schedule · accessed 31 Aug 2026Open official source ↗

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