Indus Delite: A Savings Account Tailored for Modern Banking Needs

Posted on Wednesday, July 26th, 2023 | By IndusInd Bank

From the process of opening to operating, the Indus Delite Savings zero balance Account comes with a gamut of specific and general features and benefits that make it apt for modern banking needs.

It is difficult to say whether the banking sector has transformed itself to fulfil evolving customer needs, or the banking needs of customers have undergone a transformation to adapt to 21^st century banking practices. Nonetheless, none can deny that banking has changed, and so have banking needs. Manual entries in passbooks, for instance, saw an unobtrusive departure and cheques retain but a modicum of their previous importance. Likewise, the traditional savings account has changed, nearly beyond recognition today. New savings accounts, such as the Indus Delite Savings Account from IndusInd Bank, boast features that are at once in sync with modern banking needs and preferences. Read on to understand what makes the Indus Delite Savings Account particularly suitable for meeting new-age banking needs.

Opening the Account

The Indus Delite Savings Account is a zero balance account that can be opened instantly from anywhere, at any time. All you really need is a working internet connection, a connected device, and your Aadhaar and PAN card to open this account.  The application process, in other words, is completely paperless with no requirement of any physical documentation. The steps for opening this instant account online are as follows:

• Verify your PAN and Aadhaar Card
• Fill in the application form with the requisite details
• Complete your video-KYC with an IndusInd Bank representative
• Fund your zero balance savings account!

Why it is Helpful: In an age of instant gratification, the simple and 100% digital application process gives you the freedom and flexibility to open and begin operating your account at a time of your choosing. It’s easy, it’s accessible, and it’s almost free – as suggested by its name, this zero balance account has no minimum balance requirement. All you need to pay is a small amount as the debit card fee and fund your account with an initial amount.

Operating the Account

The Indus Delite Savings Account comes with a host of benefits and features that make it apt for the modern lifestyle.

• Zero balance account with nil non-maintenance charges
• Up to 5% cashback on debit card spends on Amazon.in
• Up to 20% discount on online food delivery on Swiggy and 20% discount on groceries on Bigbasket.com on shopping with your debit card.
• An attractive rewards programme with 5 IndusReward Points for every INR 100 spent – or up to 5% cashback – on fuel, dining, and entertainment, OTT (including OTT subscriptions, movies, and leisure activities) on all transactions done via the Delights Debit Card.
• Buy One Get One Movie Ticket free when booking on bookmyshow.com; get up to 1 free ticket in a calendar quarter worth up to INR 250 each.
• Complimentary insurance including lost card liability and purchase protection worth INR 1.5 lakhs with the Delights Debit Card.

Why it is Helpful: The ubiquity of online food delivery, shopping on Amazon, or OTT subscriptions can scarcely be denied. Accordingly, the benefits offered by the Delights Debit Card with this savings account are inextricably woven into the modern, urban lifestyle.  Again, it is easy to collect reward points what with points being obtainable on some of the most common spends today i.e. fuel, dining, and OTT. Moreover, this zero balance account comes with the benefit of nil non-maintenance charges, allowing the account holder the freedom, flexibility, and fluidity to spend and save as they please – no questions asked!

In addition to the aforementioned, IndusInd Bank offers certain general benefits with the Indus Delite Savings Account, enabling enhanced banking comfort in an age of convenience. These include omnipresent banking facility – via internet, Facebook, Whatsapp, Twitter, and more – video chat option with a relationship manager, branch manager, or centralised video branch executive; option of setting up e-mandate for automating recurring payments; and the option of choosing your own account number, among others.

Last but not least, given the collective dependence on our mobile phones, the thoughtfully designed, all new IndusMobile app allows a variety of tasks such as paying utility bills, ordering food, booking a cab, and more to be performed with ease.

Apply for the Indus Delite Savings zero balance account today!

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.