IN · Security Deposit Law

Indiana Security Deposit Law

Indiana's security deposit statute was located but substantive provisions were not verified. All fields pending review of IC 32-31-3.

Last verified: 2026-10-10

Max deposit
—
no statutory cap
Return deadline
See notes
Interest required
—
statute silent
Separate account
—
statute silent
Maximum Security Deposit
No statutory maximum
Not established from retrieved official text.
Return Deadline
See notes
Current Title 32, Article 31, Chapter 3 must be reviewed.
Interest on Deposit
Statute silent
Not established.
Separate Account Required
Statute silent
Not established.

⚖️ Permitted Deductions

Not verified from current official statutory text.

📋 Official Source

The information on this page is sourced from the primary Indiana statute. Always verify against the current official text before making decisions.

↗ View official statute

Frequently Asked Questions

How much can a landlord charge for a security deposit in Indiana?
Indiana does not set a statutory maximum for security deposits. Landlords and tenants may agree to any amount in the lease. Not established from retrieved official text.
Does Indiana require landlords to pay interest on security deposits?
Indiana's security deposit statute does not expressly address whether landlords must pay interest on deposits. Not established.
Must Indiana landlords keep security deposits in a separate bank account?
Indiana's statute does not clearly require a separate account for security deposits. Not established.

Automate security deposit compliance

Property management software handles deposit tracking, deadline reminders, itemized deduction statements, and compliant separate account requirements automatically — so you never miss a Indiana deadline.

Try Buildium free →Try HemlaneTry Avail

More states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoView all states →
This page is for informational purposes only and is not legal advice. Security deposit laws change — always verify the current statute or consult a licensed attorney in Indiana before making decisions. Official source: https://iga.in.gov/laws/current/ic/titles/32. Last reviewed: 2026-10-10.