Payment & Collection

 
 

Easy Collections

    Anywhere Collection

    Enjoy additional savings through efficiency of anywhere services, collect your local cheques at any of our 155 locations. We will collect your funds and remit to your Account at the home location.

    Outstation Collection

    Add more to your business, with a collection of outstation cheques payable at IndusInd Bank locations. The service enables you to get your funds collected from across the country at a fraction of cost.

    Our coverage of 400 locations across the country for local cheques and over 3000 locations for upcountry cheque collections provide an efficient mechanism to collect cheques/drafts with best in class service and turn around times.

    Cash Deposit

    Our unique flexi cash deposit allows you to enjoy additional savings on your Account. Indus Edge Business Account does not bind you to a static cash deposit limit. Our flexi, free cash deposit limit is five times the balance maintained in the previous month for your local cash deposits.

    Our Collections Products include

    • Electronic Collections
    • Local cheques
    • Outstation cheques

    Specialized Collection through CMS:

    Converting your receivables quickly into liquid cash is critical to the health of any company's cash flow. But given the vast geographical spread of the country and the multiple clearing patterns, the time and effort taken to manage your receivables, across all channels and from different locations (paper or electronic, local or cross-border), becomes a daunting challenge and at times prove costly to your business.

    With IndusInd Bank Receivables Management Solution you can outsource your entire accounts receivables to us. IndusInd Bank offers a range of paper based and electronic collections products. With a complete product suite and coverage of more than 3000 plus locations (155 own locations and correspondent bank arrangements) to cater to all your business collection products, we are uniquely placed to offer you a cost-efficient customized solution.

    You can also opt for our standardized CMS collection product Indus Collect , whatever your business may be, Indus Collect helps you a keep a better track of your funds across.


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