Government Accounts

    The Bank has specially created a Government Banking Group to cater to Central & State Government Ministries, departments, autonomous bodies , boards & corporations, committees/ commissions/ missions, independent departments, Special Purpose Vehicles, Academies/ Institutions, urban local bodies , development corporations, rural administrative bodies etc.

    IndusInd Bank is carrying out banking business for various Government Departments and PSUs (Central and State), by offering wide range of products and services with technological competencies. We are technologically enabled to carry out tax collection business for the Centre and States. We have taken the initiative to offer a savings rate of 6% for balances above Rs. 1 lac.

    • We are empanelled for Government business in the states of Haryana, Andhra Pradesh, Bihar, Madhya Pradesh, Chhattisgarh and Goa. We have been authorized by the Govt. of Kerala for e-payments of commercial taxes.
    • We are live on the NPCI ( National Payments Corporation of India ) and CPSMS ( Central Plan Scheme Monitoring System ) platforms for transfer of funds to Government departments, implementing agencies of social welfare schemes and recipients of Government funds.
    • We offer facilities for seeding of Aadhar seeding in accounts through branches and ATMs.
    • We offer net-banking facilities for IRCTC ticket booking and payment of taxes online.
    • We offer special facilities for Defence institutional accounts – Unit run canteens, Army schools & colleges, Army Welfare Organizations and regimental funds.
    • Financial inclusion activities are in progress in some states, to extend our reach to the villages.

Indus Nation

Specially created for Government Banking Group

Indus Escrow

Services for both domestic and international transaction

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