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  • Corporate Banking

Overview

IndusInd Bank provides a wide array of commercial, transactional and electronic banking products to corporate clients in India, both large, and small and medium scale enterprises. We have innovative products designed with focused approach to suit requirements of various segments. We offer working capital finance, term loans, trade and transactional services, foreign exchange and cash management services. The facilities are structured to meet specific needs of the client taking into account a client's risk profile. With our strong customer oriented approach, we have built relationships with a number of Indian companies including multinationals, well known domestic business houses and public sector companies.

For more information on our corporate banking services, please contact our branch nearest you and/or click on the category of your organisation.

Corporate & Investment Banking Group (C&I) is an integral and important part of the CCB which focuses on offering a wide array of banking & financial services to large domestic corporate groups, local large corporates as well as local operations of multi-nationals.

Based on the in-depth industry knowledge, we endeavor to add value to your business through superior product delivery and service levels benchmarked to industry’s best practices.

Fund Based Services

  • Working capital finance
  • Short term finance
  • Bill discounting
  • Export credit
  • Term lending
  • Buyer’s Credit/Supplier’s Credit
  • Asset based financing

Non Funded Based Services

  • Letters of Credit
  • Bank Guarantees
  • Collection of Documents

Value added Services

Channel financing

The Sell Side - Supply Chain of Top Indian Companies comprises of the Corporate supplying to Channel Partners for further sale to customers. Corporates have longstanding relationship with these Channel Partners and also constitute a major proportion of their overall business turnover.

To know more click here

Associate financing

Working capital finance is extended to Enterprises having business association with large Indian Companies. IndusInd Bank sanctions bills discounting facilities for bills drawn by the supplier/vendor and accepted by the corporate.

The Bank also offers our cash management solutions to integrate your associates with the bank to facilitate quick transaction delivery.

Cash Management services

Benefits

In today’s scenario, Cash management

  • Results in significant savings in time, decrease in interest costs
  • Less paper work & greater accounting accuracy
  • Creates more control over time & funds
  • Provides timely access to information
  • Results in faster reconciliation
  • Earns interest income or reduces interest expenses
  • Allows Corporations with subsidiaries worldwide to pool everything internationally so that the company can offset the debts with the surplus from various subsidiaries

The end result will transform treasury function as a profit centre by optimizing cash and putting it to good use.

Payments

  • Bulk DDs / POs issuance
  • Cheque Writing
  • Dividend + Debt Servicing (interest + Redemption)
  • Funds Transfer (ECS / EFT / SEFT / RTGS)

Collections

The various products existing on the collections front are as follows:
Indus Instant: Local collections on the IndusInd Bank Network
Indus Swift: Outstation collections on the IndusIsnd bank network
Indus Speed: Local collections on the Correspondent Bank Network
Indus Reach: Outstation collections on the correspondent Bank network
Indus Remote: Outstation collections on the remote locations (Non-IBL & non-corrbank locations)

Tie Ups With Correspondent Banks

Wide network of correspondent bank is required to provide better service to the Indus Speed, Reach and Remote customers. We have tied up with various wide network banks such as Corporation Bank, ING Vyasya Bank, Central Bank of India, Union Bank etc. which provide us facilities at over 3000 locations.

Corporate Salary Accounts

Zero balance account
All your employees can now avail of all value added services and freebies without maintaining any minimum balance in your account.

Salary Advance facility
Your employees can avail of loan equivalent to one month net salary. Repayment in 3 EMI's.

Salary Overdraft facility
Your employees can avail of overdraft equivalent to one month net salary. Repayment in 12 EMI's.

Preferential Pricing on other products
Your employees can avail of preferential pricing on our loan schemes. IndusInd Bank Ltd. also offers Car loans, Personal Loans, Home Loans and Credit Cards.

Joint Account facility
Free to open salary account with a member of the family or any other person you may wish.

24 hr ATM facilities:
IndusInd Powers your employees account with a free ATM card that allows him/her to withdraw cash up to Rs 20,000 per day, deposit cash and cheques, get a 'quick look' statement of the last five transactions. Ordering a new chequebook or an additional statement was never easier.

Bank by phone service
Should your employees wish to bank on the telephone, they can ask for bank drafts, Open fixed deposits, Transfer funds within their accounts or check their balance, order new cheque books, etc. they just need to call our Phone Banking Officers, and they shall be at your service!

MailBox Service
Your employees don't have to visit the bank for every small need. They can use our mailboxes, situated at 180 convenient locations across the city. All they have to do is drop their cheques, documents and instructions and they'll be cleared within the day.

Mobile Banking
Your employees can make enquiries on account balance, get a mini statement, request cheque books, request a complete statement etc on their mobile phones.

Demat Account
All savings accounts come with a free demat account.

Internet Banking
All account holders can check their balances, verify their past transactions and post financial transactions independently on the internet.

Free courier pickups of cheques
Your cheques (and documents) can be picked up/ delivered from your office/ establishment once every day for your convenience.

Cheque Protection Facility
By authorising us to 'sweep' funds from your fixed deposits or another account in case your balances are inadequate, your cheques will be protected for clearing.

Convenient Movement of Funds Across the country
Local cashiers' cheques delivered as per your instructions at all IndusInd Bank Ltd. branches.

Cash Delivery
Cash Delivery for upto Rs.25000/- at your office address.
Nationwide Clearing
Free clearing of instruments drawn on locations where our branches operate

Multi City Banking
Bank account at one city gets recognized at 42 centres across 29 major cities in India.

Multi-City Cheques
Cheque books payable at par at all IndusInd Bank Ltd. centers on request.
Flexi Fixed deposits
Fixed deposits can be partly encashed without affecting the interest on the rest

Fixed Deposits
Your fixed deposits were never more accessible, or more liquid. Placed in units of Rs 1,000 each, you can encash a part of your deposit without affecting the interest on the rest.
Additionally you can ask for Account statement options (weekly, instead of monthly, for current accounts; monthly, quarterly, for savings), Personalised cheque books and Flexible loans against Fixed deposits.

Eligibility
Employees of Corporate Organizations

Liability/Investment products

Deposits

Term Deposits ranging from 7 days and above
No penalty on premature closure upto Rs. 50 lacs. Special rates for amounts more than Rs. 15 lacs are quoted on a daily basis.

Flexible term deposits from 7 days and above
Deposits can be placed in units of Rs. 1/- giving you the convenience of withdrawal in an emergency. Special rates for amounts more than Rs. 15 lacs are quoted on a daily basis.

Certificate of Deposits
CDs are attractive investment instruments, which are placed at discounted value. They are freely transferable unlike fixed deposits.

MIBOR-linked deposits for short-term tenors
For Rs. 1 crore and above. Rates are quoted on a daily basis.

Investment Avenues for Cash Surplus Corporates

Mutual Funds
The bank is empanelled as a distributor for most of the well performing and leading mutual funds. Certified personnel will assist in making your investment decisions for you.

RBI Bonds
Instruments by the RBI, and currently has one option - 8% rate of interest per annum, which is taxable. The maturity period of the 8% (taxable) bond is six years.

Other Bonds
We also distribute other bonds like National Housing Bank (NHB) and Rural Electrical Corporation Ltd. (REC).

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QUICK SERVICES
CREDIT CARD SERVICES
  • SAVINGS RATES

  • Daily balance upto 1 lac 5.5 %
  • Daily balance above 1 lac 6 %
  • DEPOSIT RATE

  • 2 years 6 months to below 2 years 9 months 9.25 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1 lac) 8.75 %
Indus Online
Indus Online

An integrated Electronic Banking Portal through which next-generation banking innovations for our exclusive and valued customers

Travel Insurance
Travel Insurance

Enjoy your holidays, vacations, visiting friends and family and more

Indus Direct
Indus Direct

An integrated Electronic Payments platform through which next-generation payment innovations are made available to our corporate customers

Pay Your Bills Online
Pay Your Bills Online

Now you can wave goodbye to late payments, long queuesand the hassle of depositing cheques

Virtual ATM tour

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