Dedicated
Relationship Manager*
Overview
Indus Prestige is for a select few. Customised to suit all your needs, the Indus Prestige Business Account offers several benefits for you.
As an Indus Prestige Business Account holder, you will have access to a dedicated Relationship Manager* who will take care of your transaction needs. The offer comes to you with a host of other premium services and exclusive benefits.
This Indus Prestige Account is a specialized product for Manufacturers, C & F agents and Bulk Trader segment.
Click here to know more about our USPs
* Services of a dedicated Relationship Manager for a convenient banking experience
Deposit
Limits**
** Dynamic free cash deposit limits
Cash
Management***
***Customized Cash Management Services
Unlimited
Cash Transfer****
****Unlimited NEFT/RTGS transfers
Features
Cheque Transaction
Free cheque transactions across all our locations
Fund Transfer
Unlimited free fund transfer option either through cheque or online using NEFT /RTGS
Demand Draft
Free DD even on correspondent bank location to help you with better location reach
Doorstep Services
Take advantage of our doorstep banking
Average monthly Balance
In a Prestige account, you need to maintain an AMB (average monthly balance) of Rs. 5,00,000/
Cheque Book
Free PAP cheque book
Banking
All channels of banking available
Charges
Schedule of Charges for Current Accounts w.e.f 1st July 2019
| Average Monthly Balance Requirement | Rs. 500,000/- |
| Important Information (Please Note) | AMB requirement for accounts opened till 31st March 2015 will continue to be 50% for category B, C, IMFS and Rural Branches. |
| Charges for Non-Maintainance of AMB | Rs. 3000 per month if AMB is >= 50% but <100% & Rs. 4000 per month if AMB is<50% |
| Cheque Book Issuances (Payable At Par: 50 leaves Book) |
10 cheque books Free per month |
| Charges of Cheque Book on additional usage 1 | Rs. 2 per leaf |
Option of Beat (daily) or On Call (on request) basis.
Pickup pointwise MIS for cash collections & MIS for cheque collections, realizations & returns can be provided in customizable formats.
Option of Wired, Wireless Digital & Android terminals which accepts both Credit & Debit Cards.
Can be used across Bharat QR & UPI enabled app. Option of both Dynamic (app based) and Static QR (sticker based) code based collection.
Multiple modes accepted: Credit/Debit cards, Net Banking & UPI). MasterCard/Visa/Rupay/ Amex acceptance.
Collection solution for RTGS/NEFT/IMPS transactions with identification of remitter through Virtual accounts.
| IMPORTANT: If Average Monthly Balance is maintained less than 60% of the product selected, free limits will not be applicable and below mentioned Standard charges will apply. |
| 1. Standard Charges per cheque leaf is Rs. 2/- |
| 2. Standard Charges for funds transfer trasaction is Rs. 15/- per cheque |
| 3. Standard Charges for Cash deposit at Home location: Rs. 3/1000 minimum Rs. 50/-, Non-Home Location:Rs. 4/1000 minimum Rs. 50/-. |
| 4. Standard Charges for cash withdrawal at Non-Home Location is Rs. 2.5/1000 minimum Rs. 50 |
| +Available in Select Locations only |
| PAP- Payable At Par |
| The additional Standard Charges on Transactions due to AMB non-maintenance will not apply to Exim Current Accounts, however on breach of monhtly free limits of transactions, charges as specified will be applicable |
| * AMB not applicable for Indus Exim Basic and Indus Exim Advantage, only Quarterly Throughput Applicable |
| GST as applicable on charges |
| Business Gold Chip Debit card has been discontinued effective November 01, 2017 |
| For Accounts opened after 1st April 2015, 50% waiver of AMB for category B, C, IMFS and Rural Branches is not applicable. |