How to Open a Savings Account Online with IndusInd Bank

Posted on Monday, January 8th, 2024 | By IndusInd Bank

Saving money is a crucial first step towards securing your future and preparing for financial emergencies. Saving a fixed percentage of your income every month is not simply a firm step towards your long-term financial goals, but also ensures a safety net for unforeseen circumstances. Put simply, whether you are a salaried employee, a homemaker, or a self-employed professional, a savings account is an essential yet convenient place to start saving.

A savings account allows you to deposit and withdraw your hard-earned money at your convenience, offering complete liquidity. Additionally, you earn interest on your deposit, which grows in a steady manner over time. A cornerstone of financial stability, your savings account can also be utilised for unforeseen emergency expenses.

As a new-age and customer-centric institution, IndusInd Bank is dedicated to offering flexible yet dynamic banking products. To this end, the bank offers an array of savings accounts tailored to meet your individual spending and saving needs. Additionally, it makes opening a savings account online truly convenient with a simple four-step application process. 

How to Open a Savings Account Online with IndusInd Bank

IndusInd Bank offers customers a wide range of savings accounts tailored to their various banking and lifestyle needs. These accounts feature exclusive rewards and benefits with a 100% paperless application process, eliminating the need for a visit to a bank branch.

Here is the step-by-step process to open a savings account online with IndusInd Bank-

1. Pick an Account Number

IndusInd Bank offers you the flexibility to choose your account number. To open a savings account online with IndusInd Bank, you need to enter your mobile number. By default, the last 10 digits of your account number will be the same as your mobile number. However, you can change it to a number of your choice.

2. Fill in Your Details

The bank then requires you to fill in your details, including your name, contact, date of birth, and address. Additionally, you also need to provide your Aadhaar card and PAN details for verification.

3. Fund Your Account

After verification, your account will be ready to set up, and you can add funds. Your savings will earn a savings account interest rate and shall grow steadily over time.

4. Complete Video KYC Process

IndusInd Bank allows its customers to complete their KYC verification online via a video call. You can complete the process in just a few minutes.

Features and Benefits of IndusInd Bank Savings Account

Here are the various features and benefits of opening a savings account online with IndusInd Bank-

• Minimal Paperwork: With no physical documentation requirements, applying for a savings account is a quick and simple process.
• Access to Digital Banking Services: IndusInd Bank offers customers an array of digital banking services to access and manage their savings account. You can rely on mobile banking, WhatsApp banking, and net banking services for a convenient banking experience.
• Attractive Interest Rates: IndusInd Bank offers attractive savings account interest rates, allowing you to maximise returns on your deposits.
• Exclusive Deals and Offers: Every purchase on your IndusInd Bank debit card fetches attractive rewards and cashback offers.
• Account Number of Your Choice: You can select an account number of your choice that is easy to remember.

In Conclusion

The journey to efficient and responsible financial management begins with opening a savings account online. The benefits of an IndusInd Bank savings accountare numerous, from attractive interest rates to a range of digital banking services. Additionally, with a 100% digital application process and the convenience of video KYC, you can quickly set up your account from the comfort of your home.

So take your first step towards a financially secure future, apply now and start saving with IndusInd Bank.

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.