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Indiana security deposit law

Read from the statute itself on 2026-11-09. Statewide rule; a city or county can add its own.

Maximum deposit
No statutory cap
Return deadline
45 days
Interest
Not required by the statute

No cap and no interest. The deposit is due back not more than forty-five (45) days after the rental agreement ends and possession is delivered.

Source: Ind. Code § 32-31-3-12, -14 · read on 2026-11-09

Calculate it for your rent

No statutory cap
Indiana's statute sets no maximum: the amount is whatever the lease says. We show no « maximum » we would have to invent.
Return deadline
45 days
45 days after the lease ends and possession is delivered, with an itemized written notice of any damage; without it, the whole deposit is owed. The tenant must first give a mailing address in writing.
Interest required
No
Not required by the statute
Indiana: No cap and no interest. The deposit is due back not more than forty-five (45) days after the rental agreement ends and possession is delivered.
Source: Ind. Code § 32-31-3-12, -14 · read on 2026-11-09

Indiana: common questions

How much can a landlord charge for a security deposit in Indiana?

Indiana's statute sets no maximum. No cap and no interest. The deposit is due back not more than forty-five (45) days after the rental agreement ends and possession is delivered.

How long does a landlord have to return a security deposit in Indiana?

45 days. 45 days after the lease ends and possession is delivered, with an itemized written notice of any damage; without it, the whole deposit is owed. The tenant must first give a mailing address in writing.

Not legal advice. Confirm with a local landlord-tenant attorney before relying on a figure.

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