Indus EXIM

    IndusInd Bank brings you INDUS EXIM Trade current account - a one-stop account that will take care of all your cross border transactions. This account gives you an extra-edge that caters to your need to succeed in today’s challenging cross-border business environment and enhances client delight by delivering timely resolution to your needs.

    Variants of INDUS EXIM Trade Current Account:

    Account Type
    Quarterly throughput Volume*
    INDUS EXIM – BASIC# USD 20,000
    INDUS EXIM – ADVANTAGE#

    USD 50,000


Features

    Competitive charges on Trade transactions with the value-added benefits of a Current Account
    Trade advisory services to help you evaluate opportunities and risks including hedging tools.
    Dedicated Relationship Manager*
    No minimum-balance maintenance requirement on current account operations
    Specialized product desks catering to trade and forex transactions*
    Daily Forex Updates through emails and SMS, keeping you abreast with forex market
    Swift processing of documents and speedy remittances

SoC (Exim Basic)

    Schedule of Charges for Current Accounts w.e.f 01st November 2012

    AMB & CHEQUE BOOK CHARGES
    Average Monthly Balance Requirement
    (Category A and A+ Branches)
    Nil
    Average Monthly Balance Requirement
    (Category B,C,IMFS and Rural Branches)
    Nil
    Charges for Non-Maintainance of AMB NA
    Cheque Book Issuances
    (Payable At Par: 50 leaves Book)
    5 cheque books
    Free per month
    Charges of Cheque Book on additional usage Rs. 2 per leaf
    COLLECTIONS
    Local Cheque Deposit Free
    Cheques deposited at any location of Indusind Bank for clearing in the same location
    (combined limit with Payments Using PAP)
    Free
    Outstation Cheque Deposit on Indusind Location (inclusive of all charges and service tax) Free
    Outstation Cheque Deposit on Non-Indusind Location (inclusive of all charges and service tax)
    Instrument Value Charges (Inclusive of all Charges)
    Cheques collection Up to and including 5,000
    Rs. 25/-
    Above 5,000 and up to and including 10,000  Rs. 50/-
    Above 10,000 and up to and including 1,00,000
    Rs. 100/-
    Above 1,00,000 Rs. 200/-

    Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) Free
    For specialised option on Indus Collect (CMS Collections Services) please seek help from your Relationship Officer
    PAYMENTS
    Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) Free
    Payments at Any Location of IndusInd Bank for clearing in same location through PAP cheque (combined limit with collection) Free
    DD/PO (At Branch Locations)
    Free Limit Rs. 150 lacs per month
    Charges on Additional usage Rs. 1/1,000 Min Rs. 25 Max Rs. 10,000
    DD/PO (Correspondent Bank Location)
    Free Limit Rs. 20 lacs per month
    Charges on Additional usage Rs. 2/1,000 Min Rs. 100 Max Rs. 15,000
    DD/PO (Non-Correspondent Bank) Rs. 3/1,000, Min Rs. 100 Max Rs. 15,000
    NEFT (NATIONAL ELECTRONIC FUNDS TRANSFER) Free
    RTGS (REAL TIME GROSS SETTLEMENT) Free
    For specialised option on Indus Direct (Payment Services) please seek help from your Relationship Officer
    ACCOUNT ACCESS
    Net Banking Available
    Phone Banking Available
    Mobile Alerts Available
    Doorstep Banking* Available
     
    CASH TRANSACTIONS
    Cash Deposit at Home Location
    Free Limit per month Rs. 12,00,000
    Additional Charges on incremental deposits Rs. 3/1,000
    Free Cash Deposit at Non-Home Location per month Rs. 3,00,000
    Additional Charges on incremental deposits Rs. 4/1,000
    Cash Withdrawal
    Cash Withdrawal (Home Location) Free
    Cash Withdrawal (Non-Home Location) Free
    Cash Withdrawal (ATM's) IndusInd Network Free
    Cash Withdrawal Other ATMs

    Free unlimited for balance above Rs. 10,000 in previous month. If balance in previous month is less than Rs. 10,000/- then 5 transactions Free. Beyond 5 Transactions, Charge of Rs. 20 per Transaction

    Cash Withdrawal Outside India Rs. 125/-
    Cash Withdrawal Limit by ATM Card Regular card Rs. 25000. Gold Card Rs. 50000. (Per Day Basis)
    Cash Withdrawal Limit by Platinum Business Debit Card Rs. 1,50,000
    OTHER FEATURES & CHARGES
    Stop Payment (Single Cheque) Rs. 100
    Stop Payment (Series Cheque) Rs. 150
    Cheque Return (Inward) For Financial Reasons Upto 2 instruments per month- Rs.350 per
    instrument.
    On 3rd & 4th instrument - Rs.500 per
    instrument
    5th Instrument onwards- Rs.750 per
    instrument
    Cheque Return (Outward) IndusInd Location Rs. 50 per cheque
    Cheque Return (Outward) Other Locations Rs 100 per cheque + Out of pocket Expenses
    Internal Transfer Return Charges NIL
    ECS Returns Rs. 200
    Debit Card
    Classic Debit Card(Issuance, Annual Charges, Replacement & Supplementary Card) Rs 100 p.a.
    Gold Debit Card (Issuance, Annual Charges, Replacement & Supplementary Card) Rs. 250 p.a.
    Platinum Business Debit Card (Issuance, Annual Charges, Replacement & Supplementary Card) Rs. 250 p.a.
    Balance Inquiry at Other ATMs within India Free
    Balance Inquiry Outside India Rs. 20/- per transaction
    POS Limit on Debit Card Classic card Rs. 50,000. Gold Card Rs. 1,00,000. (Per Day Basis)
    POS Limit on Platinum Business Debit Card (per day basis) Rs. 1,75,000
    Email Statement (Daily) Free
    Adhoc Statement printed Rs. 10 per page
    Dormancy Charges Rs. 100
    Dormant Account Activation Free
    Account Closure Charges
    Before Six Months Rs. 200
    After Six Months NIL
    DOORSTEP BANKING
    Cash Delivery / Pickup (Per call)
    Till 2 lacs Free once a day
    2 - 5 lacs Rs. 250
    5 - 10 lacs Rs. 400
    10 - 20 lacs Rs. 800
    20 - 50 lacs Rs. 1,100
    > 50 lacs Contact Branch
    Cash Delivery / Pickup (Beat delivery) per month
    Till 1 lacs Rs. 2,000
    1 - 2 lacs Rs. 3,000
    2 - 5 lacs Rs. 5,500
    5 - 10 lacs Rs. 9,000
    10 - 20 lacs Rs. 16,000
    20 - 50 lacs Rs. 25,000
    > 50 lacs Contact Branch
    Cheque Pickup (On call)* Free once a day
    Cheque Pickup (Beat) per month* Rs. 500
    PAP- Payable At Par
    Taxes as applicable on charges
    * Services Available on Request at Select Locations

SoC (Exim Advantage)

    Schedule of Charges for Current Accounts w.e.f 01st November 2012

    AMB & CHEQUE BOOK CHARGES
    Average Monthly Balance Requirement
    (Category A and A+ Branches)
    Nil
    Average Monthly Balance Requirement
    (Category B,C,IMFS and Rural Branches)
    Nil
    Charges for Non-Maintainance of AMB NA
    Cheque Book Issuances
    (Payable At Par: 50 leaves Book)
    10 cheque books
    Free per month
    Charges of Cheque Book on additional usage Rs. 2 per leaf
    COLLECTIONS
    Local Cheque Deposit Free
    Cheques deposited at any location of Indusind Bank for clearing in the same location
    (combined limit with Payments Using PAP)
    Free
    Outstation Cheque Deposit on Indusind Location (inclusive of all charges and service tax) Free
    Outstation Cheque Deposit on Non-Indusind Location (inclusive of all charges and service tax)
    Instrument Value Charges (Inclusive of all Charges)
    Cheques collection Up to and including 5,000 Rs. 25/-
    Above 5,000 and up to and including 10,000   
    Rs. 50/-
    Above 10,000 and up to and including 1,00,000 
    Rs. 100/-
    Above 1,00,000 Rs. 200/-

    Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) Free
    For specialised option on Indus Collect (CMS Collections Services) please seek help from your Relationship Officer
    PAYMENTS
    Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) Free
    Payments at Any Location of IndusInd Bank for clearing in same location through PAP cheque (combined limit with collection) Free
    DD/PO (At Branch Locations)
    Free Limit 250 lacs per month
    Charges on Additional usage

    Rs. 1/1,000 Min Rs. 25 Max Rs. 10,000

    DD/PO (Correspondent Bank Location)
    Free Limit Rs. 50 lacs per month
    Charges on Additional usage Rs. 2/1,000 Min Rs. 100 Max Rs. 15,000
    DD/PO (Non-Correspondent Bank) Rs. 3/1,000 Min Rs. 100 Max Rs. 15,000
    NEFT (NATIONAL ELECTRONIC FUNDS TRANSFER) Free
    RTGS (REAL TIME GROSS SETTLEMENT) Free
    For specialised option on Indus Direct (Payment Services) please seek help from your Relationship Officer
    ACCOUNT ACCESS
    Net Banking Available
    Phone Banking Available
    Mobile Alerts Available
    Doorstep Banking* Available
    CASH TRANSACTIONS
    Cash Deposit at Home Location
    Free Limit per month 10 times of the previous Month AMB maximum of Rs. 1 cr per month
    Additional Charges on incremental deposits Rs. 3/1,000
    Free Cash Deposit at Non-Home Location per month Rs. 5,00,000
    Additional Charges on incremental deposits Rs. 4/1,000
    Cash Withdrawal
    Cash Withdrawal (Home Location) Free
    Cash Withdrawal (Non-Home Location) Free
    Cash Withdrawal (ATM's) IndusInd Network Free
    Cash Withdrawal Other ATMs

    Free unlimited for balance above Rs. 10,000 in previous month. If balance in previous month is less than Rs. 10,000/- then 5 transactions Free. Beyond 5 Transactions, Charge of Rs. 20 per Transaction

    Cash Withdrawal Outside India Rs. 125/-
    Cash Withdrawal Limit by ATM Card Regular card Rs. 25,000. Gold Card Rs. 50,000. (Per Day Basis)
    Cash Withdrawal Limit by Platinum Business Debit Card Rs. 2,00,000/
    OTHER FEATURES & CHARGES
    Stop Payment (Single Cheque) Rs. 100
    Stop Payment (Series Cheque) Rs. 150
    Cheque Return (Inward) For Financial Reasons Upto 2 instruments per month- Rs.350 per
    instrument.
    On 3rd & 4th instrument - Rs.500 per
    instrument.
    5th Instrument onwards- Rs.750 per
    instrument.
    Cheque Return (Outward) IndusInd Location Rs. 50 per cheque
    Cheque Return (Outward) Other Locations Rs 100 per cheque + Out of pocket Expenses
    Internal Transfer Return Charges NIL
    ECS Returns Rs. 200
    Debit Card
    Classic Debit Card(Issuance, Annual Charges, Replacement & Supplementary Card) Rs 100 p.a.
    Gold Debit Card (Issuance, Annual Charges, Replacement & Supplementary Card) Rs. 250 p.a.
    Platinum Business Debit Card (Issuance, Annual Charges, Replacement & Supplementary Card) Free
    Balance Inquiry at Other ATMs within India Free
    Balance Inquiry Outside India Rs. 20/- per transaction
    POS Limit on Debit Card Classic card Rs. 50,000. Gold Card Rs. 1,00,000. (Per Day Basis)
    POS Limit on Platinum Business Debit Card (per day basis) Rs. 2,50,000/-
    Email Statement (Daily) Free
    Adhoc Statement printed Rs. 10 per page
    Dormancy Charges Rs. 100
    Dormant Account Activation Free
    Account Closure Charges
    Before Six Months Rs. 200
    After Six Months NIL
    DOORSTEP BANKING
    Cash Delivery / Pickup (Per call)
    Till 2 lacs Free once a day
    2 - 5 lacs Rs. 250
    5 - 10 lacs Rs. 400
    10 - 20 lacs Rs. 800
    20 - 50 lacs Rs. 1,100
    > 50 lacs Contact Branch
    Cash Delivery / Pickup (Beat delivery) per month
    Till 1 lacs Free once a day
    1 - 2 lacs Rs. 3,000
    2 - 5 lacs Rs. 5,500
    5 - 10 lacs Rs. 9,000
    10 - 20 lacs Rs. 16,000
    20 - 50 lacs Rs. 25,000
    > 50 lacs Contact Branch
    Cheque Pickup (On call)* Free once a day
    Cheque Pickup (Beat) per month* Free
    PAP- Payable At Par
    Taxes as applicable on charges
    * Services Available on Request at Select Locations

Trade Charges

    Schedule of Trade Charges for Exim Current Accounts w.e.f 01st January 2010” on the Trade charges options

    Trade Services IndusEXIM Basic Indus EXIM Advantage
    Trade Throughput- Quarterly (QTP) USD 20,000/- USD 50,000/-
    CA account Type applicable Gold Plus Prestige
    Remittances    
    Inward Remittances* Free Free
    Non Trade Outward Remittances* Rs. 250 Rs. 250
    FIRC Issuances Free Free
    Exports    
    Export Bills for Collection & under LC* 500 400
    Advance Export Bills* 500/bill 400/bill
    Export LC Advising 600 500
    BRC Issuances for all Export transactions Free Free
    Imports    
    Advance Payments for Imports* 500 Flat 400 Flat
    Direct Import Bills* 500 Flat 400 Flat
    Import Bills for Collection* 500 Flat 400 Flat
    Miscellaneous Charges    
    Swift Charges 250  150
    Courier Charges 500 400
    Registered Post Charges 250 250 
    Penalty Charges for Non maintenance of QTP 0.30 % of deficit 0.30 % of deficit
    Commission in lieu of exchange 0.125% 0.10%

    * Denotes facilities on which QTP is calculated
    Foreign currency conversion charges and service tax will be recovered.
    Non-QTP achievement will attract penalty charges.

    *Conditions apply
    The services and product mentioned are indicative of broad range of services offered by the bank and are subject to terms and conditions. For any services and products not covered in the letter, please contact any of our branches or phone banking at 022-44066666/ Toll free- 1800 22 0061 (MTNL and BSNL subscribers)


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