Overview
Indus Infotech Current Account is a comprehensive and dynamic banking partner for IT/ITES/KPOs/BPOs. We understand that you operate in an industry where every second matters and that’s exactly why our solutions are designed to match your needs and your pace!
From Current Account, Trade & Forex, Salary Account, and Retail Forex Services, we offer the best-in-class banking solutions to serve your new-age business needs.
Click here to know more about our USPs.
SOC
Average Monthly Balance Requirement | NIL |
Charges for Non-Maintenance of AMB (Monthly) | N.A. |
Cheque Leave Issuances (Payable At Par) | Free |
Local Cheque Collection | Free | ||||||||||
Outstation Cheque Collection- IndusInd Bank Locations | Free | ||||||||||
Outstation Cheque Collection-Non-IndusInd Bank Locations |
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Funds Transfer. (Between any Indusind Bank Branches) | Free |
Cash Deposit at Home Location | |
Free Limit | 10 times of previous month AMB maximum of Rs. 50 lacs |
Additional Charges on incremental deposits | Rs. 3/1000 (Minimum Rs. 50/- per transaction) |
Cash Deposit at Non-Home Location per month | NIL |
Additional Charges on incremental deposits | Rs. 4/1000 (Minimum >Rs. 50/- per transaction) |
Cash Withdrawal | |
Cash Withdrawal (Home Location) | Free |
Cash Withdrawal (Non-Home Location) | Free |
Cash Withdrawal (ATM's) IndusInd Network | Free |
Cash Withdrawal (Other 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 by Debit Card | Refer Standard Schedule of Charges for Debit Card |
Funds Transfer (Online/through Branch) | Free |
Payments through payable at par cheque | Free |
Demand Draft Issuance- At any IndusInd Bank Locations | |
Free Limit | Rs. 200 lacs per month |
Charges on Additional usage | Rs. 1/1000 Min Rs. 25 Max Rs. 10,000 |
Demand Draft Issuance - At Correspondent Bank Locations | |
Free Limit | Rs. 20 lacs per month |
Charges on Additional usage | Rs. 2/1000 Min Rs. 100 Max Rs. 15000 |
Demand Draft Issuance - At Non-Correspondent Bank Locations | Rs. 3/1000, Min Rs. 100 Max Rs. 15000 |
NEFT/ RTGS/ IMPS | Free at Branch & Online* |
*Online mode refers to Mobile Banking & Retail Net Banking
Stop Payment (Single Cheque) | Rs. 100, Nil Charges if requested through Indusnet / Indus Mobile / IVR |
Stop Payment (Series Cheque) | Rs. 150, 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 | Free upto 10 cheque returns beyond which charge of Rs. 50 per cheque |
Cheque Return (Outward) Other Locations | Rs 100 per cheque+ Out of pocket Expenses |
Internal Transfer Return Charges | NIL |
NACH / ECS Return | Rs. 200 |
Debit Card# | |
Arthia Debit Card (Only for Eligible customers) | NIL |
Gold/Titanium Debit Card | Rs. 249/- (Issuance, Annual Charges, Replacement & Supplementary Card) |
Platinum Business Debit Card | Rs. 699 -(Issuance, Annual Charges, & Supplementary Card) Rs. 249 - Replacement |
Non-financial Transactions - Other Bank ATMs in India | 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 |
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 / Monthly) | Free |
Adhoc Statement (printed) | Rs. 10 per statement through branch |
Cash Delivery / Pickup (Per call) Group Limits | |
Till 5 lacs | Free Once a Day, beyond which Charges of Rs. 250 per call |
5 - 10 lacs | Rs. 400 |
10 - 20 lacs | Rs. 800 |
> 20 lacs | Contact Branch |
Cash Delivery / Pickup (Beat delivery) per month Group Limits | |
Till 5 lacs | Free once a day |
5 - 10 lacs | Rs. 9,000 |
10 - 20 lacs | Rs. 16,000 |
> 20 lacs | Contact Branch |
Cheque Pickup (On call)* | Free once a day |
Cheque Pickup (Beat) per month* | Free |
Indus Net | Single login and limited transaction platform |
Indus Online | Multiple Layer transacting platform with high security |
Host to Host Transactions | Available |
Trade and Forex
Trade Finance requires banks to address the various challenges involved in each of the trade finance lifecycle stages efficiently and simultaneously complying with pertinent regulatory processing standards.
IndusInd Trade Finance solutions aim to ensure optimization of receivables and payables while bringing predictability in the cash flows through a faster and smoother transfer of funds and documents.
At IndusInd Bank, we offer your business
- Tailored solutions
- International services combined with local expertise
- Electronic services that improve your efficiency and competitiveness
- Trade protection products to help you minimize currency and timing risks associated with overseas trade, such as interest-rate and exchange-rate hedging
Our comprehensive range of trade-related products and services include:
- Inward and Outward Remittances
- Foreign Bill Collections
- Documentary Credits
- Bank Guarantees
We offer guarantees in a standard, internationally agreed format that's individually tailored as per your needs, including:
- Bid Bond/Tender Guarantees
- Performance Guarantees
- Advance Payment Guarantees
- Shipping Guarantees
- Standby Letter of Credit
Forward Contract: Companies involved in international trade can be seriously affected by adversely moving exchange rates. A forward exchange contract is an effective hedging mechanism similar to an insurance policy, as it protects a trader from unfavourable exchange rate movements.
Options (Derivatives): Simply stated, an option contract is a choice. The holder of the option has the right but not the obligation to buy or sell a fixed amount of currency at a fixed rate of exchange at a predetermined date in the future.
Salary Account For Employees
Our Salary Account Package provides you and your employees complete and holistic banking services rich with benefits. From opening an account to salary credits, our services are designed to ensure a seamless and quick experience for every user.
Click here to know more about the advantages of our Salary Package.
IndusInd Bank brings to you "Indus Retail Forex" that not only helps you organize your foreign exchange but also helps you travel in the most hassle-free and secure manner. Whether it is Forex Card Currency Notes, Travellers Cheque, FCY Demand Draft or Outward Remittances, IndusInd Bank's Retail Forex Services provide solutions for all your forex needs.
Indus Forex Card
Now enjoy greater peace of mind when you travel abroad with our new generation, chip-enabled forex card which is available in USD, GBP, EUR, AUD, CAD, SGD, AED & SAR.
Our Forex Card offers greater security and ensures that all your transactions are protected from fraudulent usage.
Indus Forex is accepted at all merchant establishments and ATMs around the world which displays the VISA signage. You can use your card for ATM withdrawals, e-Comm. transactions or to make payments at merchant locations like hotels, restaurants, airlines & others.
For Employees & Corporates
IndusInd bank brings to you "Indus Retail Forex" that not only helps you organise your foreign exchange but also helps you travel in the most hassle-free and secure manner. Whether it is Forex Card Currency Notes, Travellers Cheque, FCY Demand Draft or Outward Remittances, IndusInd Bank's Retail Forex Services provide solutions for all your forex needs.
Trade and Forex Charges
Exim Facilities | Indus Technology |
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Inward Remittances | Free |
Non Trade Outward Remittances | Free |
FIRC and BRC Issuance | Free |
Export Bills for Collection & under LC | Free |
Advance Payments for Imports | Free |
Direct Import Bills | Free |
Import Bills for Collection | Free |
Swift Charges | NIL |
International Courier Charges | 1000 |
Registered Post Charges | NIL |
Export LC Advising | NIL |
Forex Charges for International Travel for Employees
Card Issuance | Free |
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Card Loading Charges | Free |
Cash Out | Free |
Re-Load | Free |
Travellers Cheque Issuances | Free |
FCY Sale | Free |
FCY DD | Rs. 100 |
FCY TT | Rs. 100 |
#As on 30th September, 2013
*For details on charges, please check the SOC.
**Services Available on Request at Select Locations.