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Indus Freedom Current Account Online

Overview

We, at IndusInd Bank, believe in flexible banking and we demonstrate it with flexible products for various strata of businesses. Following the same philosophy, we present to you Indus Freedom, a current account which has been designed especially for your business transaction needs.

Indus Freedom is an efficient package of banking services that delivers much more than your expectations. This account suits small or medium businesses and enterprises wishing to avail a well-defined set of banking benefits. Indus Freedom Current Account offerings are best suited for Individual & Sole Proprietorship only.

Click here to know more about our USPs.


Features of Indus Freedom Account

You don’t need to worry about minimum balance requirement

One financial transaction to be done every month on net banking or Mobile App or ATM

Up to Rs.4 lac of Cash deposit per month

Free NEFT/RTGS/IMPS

Free cheque book

Free email statement and monthly physical statement by post

Choose from different Debit Card Variants

Charges of Indus Freedom Account

Charges of Indus Freedom Current Account

Cheque Book Issuances Free
Minimum Transaction Commitment 1 Financial Transactions to be done in a calender month at ATM or Net Banking or Mobile App
Charges for Non-Transactions (NTC) Rs 600/- per month, if Transactions as mentioned above not done in calender month

Local Cheque Deposit Free
Cheques deposited at any location of Indusind Bank for clearing in the same location Free
Outstation Cheque Deposit on IndusInd Location Free
Outstation Cheque Deposit on Non-IndusInd Bank Location
Free upto 5 lakhs per month Beyond which Charges per cheque as under:
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 Rs 1,00,000/- Rs. 200/-
Funds Transfer within IndusInd Bank Free

Funds Transfer within Indusind Bank Free
Payments at Any Location of IndusInd Bank for clearing in same location through PAP cheque Free
NEFT / RTGS / IMPS Free
DD/ PO (At Indusind Branch Locations) Free
Charges for Correspondent Bank DD Rs. 2/1000 Min Rs. 25 Max Rs. 15000
DD/ PO (Non-Correspondent Bank) Rs. 3/1000, Min Rs. 25 Max Rs. 15000

Cash Deposit
Free Limit per month (Home Location) Free up to Rs. 4 lacs per month
Free Limit per month (Non Home Location) No Free limits
Additional Charges on incremental deposits Rs. 4/1,000 min. Rs. 50
Cash Withdrawal
Cash Withdrawal from Branch / IndusInd Bank ATM Free
Cash Withdrawal Non IndusInd Bank ATMs Free 50 transactions per month subject to average monthly balance maintenance of Rs.10,000 in previous month. In case the average monthly balance in previous month is less than Rs.10,000, then 5 transactions are free. Cash withdrawal transactions above the specified limits will be charged at Rs. 21 per transaction.
Cash Withdrawal Outside India Rs. 125/-
Cash Withdrawal Limit at ATM Refer Standard Schedule of Charges for Debit Card

Stop Payment  Single Cheque-Rs. 100, Series Cheque-Rs150, Nil Charges if requested through Indusnet / Indus Mobile / IVR
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
NACH / ECS Returns Rs. 200
Debit Card#  
Gold / Titanium Debit Card Rs. 249/- (Issuance, Replacement, Supplementary Card & Annual Charge)
Platinum Business CHIP Debit Card Rs. 699/- (Issuance, Supplementary Card & Annual Charge), Rs249 for Replacement
Non-financial Transactions - Other Bank ATMs in India^ Free
Balance Inquiry Outside India Rs. 20/- per transaction
POS Limit on Debit Card Limit as per Debit Card Taken, Refer Standard schedule of charges for Debit Card
Email Statement (Daily) Free
Adhoc Statement E-statement - Free,   Print Statement - Rs. 10 per page

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 lacs Contact Branch
Cash Delivery / Pickup (Beat) 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 lacs Contact Branch
Cheque Pickup (On call)* Rs. 50 per call/instance
Cheque Pickup (Beat) per month* Rs. 500

^W.e.f. 20th December 2023, number of Non-financial ATM transactions i.e. Balance Enquiry, Mini-statement, PIN Change, Mobile Banking Registration, Cheque Book Request, Statement Request and Aadhar Number Seeding, etc. on Non-IndusInd Bank ATM is limited to 5 transactions per day.
PAP - Payable At Par, NTC -  Non Transaction charge
GST as applicable on charges
# For other variant of Debit cards and further information, please refer Debit Card schedule of charges at www.indusind.com
" Services Available on Request at Select Locations