Indus Gold

    Your business needs your attention and the support of the Bank for its transformation from medium to a large industry. You need to be busy with your business while your business transactions are managed by us using IndusInd’s network of 210 branches spread across 155 locations

    Adding value to your business, we bring forth the best product in the industry in the SME segment.

    You need to transfer and collect funds faster across cities to facilitate your business and manage working capital cycle. The solution from IndusInd is a unique product Indus Gold Current Account especially crafted for Traders, Retailers, Small & Mid sized manufacturers, Hotels, travel agencies, Exporters, Importers and logistics firms

Features & Benefits

    • 100 Free PAP Cheque Leaves per month.
    • Free Demand Draft and Pay Orders upto Rs. 50 lacs per month on IndusInd Locations and upto Rs. 10 lacs free per month at our correspondent bank location.
    • Access your account from anywhere using our Net Banking, Phone Banking and Mobile Banking facilities.
    • Free Cash Withdrawal upto Rs. 50,000/ per day from any ATM using our Gold Debit Card
    • On an Indus Gold account you are required to maintain only Rs. 50,000/- of average monthly balance.
    • No limit on local collections done from IndusInd locations.
    Please refer the Schedule of Charges for further details

Schedule of Charges

    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)
    Rs 50,000
    Average Monthly Balance Requirement
    (Category B,C,IMFS and Rural Branches)
    Rs 25,000
    Charges for Non-Maintainance of AMB Rs. 750 per month if AMB is >= 50% but
    <100% & Rs. 1000 per month if AMB is
    <50%
    Cheque Book Issuances
    (Payable At Par: 50 leaves Book)
    2 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)
    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/-

    Outstation Cheque Deposit on Non-Indusind Location (inclusive of all charges and service tax)
    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. 50 lacs per month (Per day limit of Rs. 2,00,000)
    Charges on Additional usage Rs. 1/1,000 Min Rs. 25 Max Rs. 10,000
    DD/PO (Correspondent Bank Location)
    Free Limit Rs. 10 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. 6,00,000
    Additional Charges on incremental deposits Rs. 3/1,000
    Free Cash Deposit at Non-Home Location per month Rs. 1,00,000
    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. 1,00,000
    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) 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. 1,25,000
    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 Rs. 150
    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)* Rs. 50 per instance
    Cheque Pickup (Beat) per month* Rs. 500
    PAP- Payable At Par
    Taxes as applicable on charges
    * Services Available on Request at Select Locations




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