If you have just started earning, then you must’ve heard the oft-repeated wisdom-“Start saving early in life, so you can avoid falling into a financial rut later.”

Right? Well, we’ve all been there!

After all, saving money can help you create a corpus for future uncertainties, prove helpful during emergencies, and help you fulfil various financial goals. So, why not invest in a premium savings account that handles all your financial requirements?

At IndusInd Bank, we offer a range of savings accounts to choose from. Whether you want to earn maximum returns or enjoy a host of exclusive services like cashbacks and ticket discounts, we have customised offerings for all your diverse financial needs.

Eager to know more? Read on.

Types of Savings Account by IndusInd Bank

Our host of savings accounts gives you the advantage of swift mobile banking, doorstep banking, personalised account number, and much more. Need help picking one? We’ve got you covered! Here is a rundown of some of our most-rewarding savings accountsto help you choose.

1. Indus Delite Savings Account

• Instant account opening with Aadhaar card and PAN card.
• Enjoy zero minimum balance requirement along with nil non-maintenance charges
• Get attractive rewards and deals with a Platinum Plus Debit Card
• Get exclusive cashback offers on all major e-commerce platforms

2. Indus Select Savings Account

• An array of exciting services and offers of lifestyle services
• You can avail of 50% off on lockers for the first year
• Enjoy annual savings of up to Rs. 30,600 with discount deals and cashback from partner platforms
• Enjoy special features like fingerprint banking and an all-in-one store on your IndusMobile App.

3. Indus Partner Savings Account

• Deposit your shared income, plan your future investments, and manage your domestic expenses with our unique joint savings account
• Avail locker facility to keep your assets safe with 100% discount for the first year
• Get cashback offers on shopping via the Visa Signature Debit Card
• Get a free add on account for family members
• Enjoy free movie tickets, discounts on online food delivery, and a complimentary annual Times Prime membership

4. Indus Exclusive Savings Account

• Enter the world of special banking benefits and unique privileges with our exclusive savings account.
• Get a dedicated relationship manager for a seamless banking experience at your convenience
• Enjoy priority banking and top-of-the-line offers for a  lifestyle upgrade
• Make the most of free locker services for the first year worth up to Rs. 10,000 and free Demat for 2 years
• Get attractive offers with a Signature Exclusive Debit Card

5. Indus Maxima Savings Account

• You can avail of extended privileges and a free zero balance savings accountfor two family members
• Save up to Rs. 16,100 with cashback and discount offers along with attractive deals on your debit card
• Get 35% off on locker services for year 1
• You can also enjoy our fixed deposit schemes with the Indus Maxima Savings Account

Sounds like a dream come true, don’t they? If so, you can take your pick and move on to the next step.

How to Open a Savings Account with IndusInd Bank?

With us, you can now open savings account onlinein four simple steps. They are:

1. Visit our website and verify your credentials via Aadhaar and PAN card
2. Choose your preferred savings account and fill in the online application
3. Next, complete your KYC with our representative on a video call.
4. Finally, finish the application and deposit the funds in your account.

And, that’s it! You can open a savings account online within minutes!

Over to You

Get started with your savings journey today and revel in the exceptional banking services with IndusInd Bank’s premium savings account.

Reach out to us today to know more!

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.

A joint account comes with the convenience of giving your family or loved ones access to a shared pool of funds. If there’s any unexpected expense or a family member is going out of town, a joint account can be of immense help. All account holders in a joint account can perform monetary transactions, have individual debit cards, and can access the account online. But, opening a joint account means some careful planning. Having said that, let’s look at the factors to consider when opening a joint account:

Plan your budget

A joint account is mostly used for managing household expenses such as groceries, utility bills, and more. It can also be a place to save money for future expenses. When opening a joint savings account, you need to plan which account holder will be contributing what amount so that there are no gaps at the later stage.

Decide the mode of operation

When opening the account, you need to decide the mode of operation of the account. All the account holders can operate the account individually or might need the signature of all the members for performing transactions.

Compare joint account benefits offered

Different banks offer different interest rates, benefits and banking charges for opening a joint account. You can opt for a bank that has additional benefits such as locker, free ATM and more.

Indus Partner: A Newly Introduced Joint Savings Account by IndusInd Bank

Indus Partner is one of its kind of joint savings account for couples, life partners and households who have shared financial goals and investment dreams.

Eligibility

The Joint Account Holders (upto 2) with MOP can be father-son, spouses (LGBT), mother-daughter, brother-sister and mother-son.

Relationship Criteria

• Savings Account AQB– Rs 1,00,000
• Initial Payment-Rs 1,00,000
• Surrogate (SA+FD)-Rs 10,00,000

Benefits

• Free 4 add-on accounts for family members
• Free VISA Signature debit card for both the account holders
• A dedicated relationship management team and priority servicing
• Small and medium locker free for first year and 50 percent discount second year onwards
• Demat AMC waiver for the first year
• Free FASTag issuance against Indus Partner Account holder

Final Words

Opening a joint account is a wonderful thing because it makes money management easy and better. When opening a joint account, make sure the other person is completely trustworthy and has similar financial goals. If you want to open an Indus Partner account, get in touch with our customer service team that will be delighted to assist you.

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.

The humble debit card is the workhorse of modern-day banking that involves minimal debt risk. Need access to instant funds? Just swipe a card at an ATM. Wish to make a purchase? No problem, swipe your card at the POS machine. Can we do EMI with a debit card? Well, yes, if your bank offers the service, like IndusInd Bank.

The only drawback? Debit cards can sometimes be vulnerable to fraud. After all, with modern technology at our fingertips, it’s easier than ever to access sensitive information. However, there’s no reason to worry. Just follow the tips below to increase the security of your debit card transactions drastically.

Debit Card Safety Tips

Use a Secure Connection

When you make transactions using an unsecured connection like a public network, you’re always a mere step away from fraud. Why? Because public networks are usually unprotected, thanks to the lack of proper firewalls.

If you have no choice but to use one, make sure the computer has a firewall installed, and the connection is encrypted (your vendor’s website has an https:/ web address). Doing this keeps your card transactions safe from lurkers who might be looking to steal your card information virtually.

Change Your Debit Card PIN Frequently

If you haven’t changed your debit card pin in a long time, here’s your reminder to change it ASAP. Why? Changing your pin frequently makes it difficult for fraudsters to determine your PIN, making you less vulnerable to debit card information theft. A good rule of thumb is changing your PIN every three to six months.

Additionally, try to set a password that doesn’t involve your personal details like birthdates, etc. Such information is easily accessible on your social media profiles. This makes it easy for fraudsters to access your personal details, figure out your PIN, and access your funds.

Sign Up for Two-Factor Authentication

If you’re a debit cardholder, you know you require debit card details like Card Number, CVV and expiry to make an online transaction. This is single-factor authentication.

Nowadays, you can sign up for a two-step authentication process with your bank by submitting your mobile number and email address. On enabling this feature, you usually get a One Time Password OTP on your phone or email to verify your identity every time you initiate a transaction.

Sign Up for Mobile Alerts

The first step to identify a possible debit card fraud is noticing unusual debit card activity. Sure, you can do this by looking at your monthly account statements since they tell you all about your monthly expenses, including your EMI on a debit card. The only catch, it’s too late by the time you report such activity to your bank.

Sign up for mobile alerts instead. These are delivered every time there is an account activity, specifying the amount transferred, how it was transferred and when the transfer occurred. Hence, you can identify unusual card activity right away and report your card to the bank. Ultimately, this helps you block the card, preventing any further loss of funds from your account.

Parting Thoughts

Following the above tips goes a long way in ensuring the safety of your debit card transactions. At IndusInd Bank, we offer attractive debit card services like EMI on a debit card along with quality grievance redressal in case you run into a problem. Interested in opting for the debit card EMI service? Check your debit card EMI eligibility on our website 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.