Dynamic Tier Structure
Overview
Indus One Business AccountĀ is a dynamic 5-tier structured current account, offering banking solutions for every stage of your business and transforming the way you manage business finances. Its 5-tier structure allows you to choose the accurate product offering depending on your business needs. Whether you are a start-up or an established enterprise, our banking solutions adapts to meet your evolving business needs.
Our 5 Indus One Business Account Tiers:
- Tier 1: Indus One Business T25Ā ā AQB requirement of Rs. 25,000Ā
- Tier 2:Ā Indus One Business T50Ā ā AQB requirement of Rs. 50,000Ā
- Tier 3:Ā Indus One Business T100 ā AQB requirement of Rs. 1,00,000Ā
- Tier 4:Ā Indus One Business T300 ā AQB requirement of Rs. 3,00,000Ā
- Tier 5:Ā Indus One Business T500Ā ā AQB requirement of Rs. 5,00,000Ā
We aim to propel the success of your business by being with you at the every step of your journey.
Benefits of Indus One Business Account Offerings
Experience the peace of mind that comes with knowing your banking solution is always optimized to support your Business growth. With ourĀ auto tier optimization benefits, you can focus on driving your business forward, while we take care of the banking needs.
Our 5 tier dynamic structure is designed to cater to businesses of all sizes and stages, ensuring a perfect fit for each.
Auto Tier Optimization Feature
Ensures that your account automatically adapts to meet your evolving business needs, effortlessly maximising your benefits.
Zero Non-maintenance Charges
Freedom from Non-maintenance Charges
Flexible Transaction limits
Dynamic transaction limits ensure cost efficiency at all times
All-in-One Banking
Enjoy preferential pricing on Trade & Forex, POS and CMS Services
True Anywhere Banking
Hassle Free banking services across all IndusInd Bank branches.
Locker Discount
Preferential locker discount rates* basis the tier
Business Debit Card
Business Debit Card to facilitate your cash requirement, with the convenience of accessing any bankās ATM
Indus One Business Account Tiers
Choose the tier best suited for you & start banking with us today!
Fee & Charges of Indus One Business Account
| Indus One Business Account Tiers | |||||
|---|---|---|---|---|---|
| AQB Requirement | T25 | T50 | T100Ā | T300 | T500 |
| Average Quarterly Balance(AQB)Ā | ā¹25,000 | ā¹50,000 | ā¹1,00,000 | ā¹3,00,000 | ā¹5,00,000Ā |
| Charges for Non-Maintenance (NMC) | waived Off | ||||
| Indus One Business Account Tiers | |||||
|---|---|---|---|---|---|
| Cash Transactions | T25 | T50 | T100Ā | T300 | T500 |
| Free Cash Deposit Limit Per Month at Home Location + Non Home | 8 times of previous monthās AMB, Maximum 50 Lacs | 10 times of previous monthās AMB, Maximum 75 Lacs | 12 times of previous monthās AMB, Maximum 1 Cr | 15 times of previous monthās AMB, Maximum 2 Cr | 20 times of previous monthās AMB, Maximum 3 Cr |
| Additional charges on incremental depositĀ | Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā ā¹4/1000 | ||||
| Cash Withdrawal | Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Free | ||||
| Indus One Business Account Tiers | ||||||
|---|---|---|---|---|---|---|
| Payment Services | T25 | T50 | T100 | T300 | T500 | |
| Cheque Leaves Issuance (Payable at Par) | 50 leaves free per month | 100 leaves free per month | 250 leaves free per month | 500 leaves free per month | Free | |
| Charges on additional usage | ā¹2 per cheque leafĀ | Free | ||||
| Funds Transfer within IndusInd Bank | Free | |||||
| RTGS/NEFT/IMPS (Branch/Net banking) | Free | |||||
| Demand Draft issuance At Any IndusInd Bank Locations | Free limit | ā¹25 Lakhs per month | ā¹100 Lakhs per month | ā¹200 Lakhs per month | ā¹500 Lakhs per month | Free |
| Charge on Additional Usage | ā¹1/1000, Min ā¹25, Max ā¹10,000 | Free | ||||
| Demand Draft issuance At Correspondent Bank Locations | Free limit | ā¹5 Lakhs per month | ā¹10 Lakhs per month | ā¹40 Lakhs per month | ā¹50 Lakhs per month | ā¹60 Lakhs per month |
| Charge on Additional Usage | ā¹2/1000, Min ā¹100, Max ā¹15,000 | |||||
| Demand Draft Issuance at Non-Correspondent Bank Locations | ā¹3/1000, Min ā¹100, Max ā¹15,000 | |||||
| Indus One Business Account Tiers | ||||||
|---|---|---|---|---|---|---|
| Collection Services | T25 | T50 | T100 | T300 | T500 | |
| Local Cheque Collection | Free | |||||
| Outstation Cheque Collection at IndusInd Bank Location | Free | |||||
Ā Ā Ā Ā Ā Outstation Cheque Collection- Cheque Deposited at Non-IndusInd Bank Location |
Instrument Value | Charges | Ā Ā Ā Ā Ā Ā Ā Free |
Ā Ā Ā Ā Ā Ā Ā Free |
Ā Ā Ā Ā Ā Ā Ā Free |
|
| Cheques collection up to and including Rs. 5,000 | ā¹25 | |||||
| Above Rs. 5,000 and up to and including Rs. 10,000 | ā¹50 | |||||
| Above Rs. 10,000 and up to and including Rs. 1,00,000 | ā¹100 | |||||
| Above Rs. 1,00,000 | ā¹200 | |||||
| RTGS/NEFT/IMPS (Branch/Net banking)Ā | Ā | Free | ||||
| Indus One Business Account Tiers | |||||
|---|---|---|---|---|---|
| Debit Card Charges | T25 | T50 | T100Ā | T300 | T500Ā |
| Gold/Titanium Debit Card | |||||
| Issuance ChargesĀ | ā¹249Ā | FreeĀ | FreeĀ | FreeĀ | FreeĀ |
| Ā Annual, Replacement and Renewal chargesĀ |
ā¹249Ā | ā¹249Ā | FreeĀ | FreeĀ | FreeĀ |
| Platinum Business Debit CardĀ | |||||
| Ā IssuanceĀ | ā¹699Ā | ā¹699Ā | FreeĀ | FreeĀ | Free |
| Annual and Renewal ChargesĀ | ā¹699Ā | ā¹699Ā | ā¹699 | FreeĀ | Free |
| Replacement CardĀ | ā¹249Ā | ā¹249 | FreeĀ | FreeĀ | Free |
| Indus One Business Account Tiers | ||||||
|---|---|---|---|---|---|---|
| Door Step Banking+ | T25 | T50 | T100Ā | T300 | T500Ā | |
| Cheque Pickup Facility (On call) | Up to 3 pickups free in a month, thereafter ā¹50 per instance | Free once in a day | Free Once in a dayĀ | Free once in a day | Free once in a dayĀ | |
| Cheque Pickup Facility (Beat ) | ā¹500Ā | FreeĀ | FreeĀ | Free | FreeĀ | |
Ā Ā Ā Cash Pickup Facility (On call) |
Up to 2 LacsĀ | ā¹150 | Upto 5 calls free in a month, thereafter ā¹150 per call | Free Once in a dayĀ | Free Once in a dayĀ | Free Once in a day |
| From 2 to 5 LacsĀ | ā¹250 | ā¹250Ā | Ā ā¹250 | Ā ā¹250Ā | ā¹250 | |
| From 5 to 10 LacsĀ | ā¹400 | ā¹400Ā | ā¹400 | ā¹400Ā | ā¹400 | |
| From 10 to 20 LacsĀ | ā¹800 | ā¹800Ā | ā¹800 | ā¹800Ā | ā¹800 | |
| Ā | >20 Lacs | Contact Branch for cash above ā¹20 lacs | ||||
Ā Ā Ā Cash Pickup Facility (Beat )Ā |
Upto 1 lac | ā¹2000Ā | ā¹2000 | FreeĀ | Free | FreeĀ |
| From 1 to 2 Lacs | ā¹3000Ā | ā¹3000 | ā¹3000Ā | Free | FreeĀ | |
| From 2 to 5 Lacs | ā¹5500Ā | ā¹5500 | ā¹5500Ā | ā¹5500 | ā¹5500Ā | |
| From 5 to 10 Lacs | ā¹9000Ā | ā¹9000 | ā¹9000Ā | ā¹9000 | ā¹9000Ā | |
| From 10 to 20 Lacs | ā¹16000Ā | ā¹16000 | ā¹16000Ā Ā | ā¹16000Ā | ā¹16000Ā Ā | |
| >20 Lacs | Contact Branch for cash above ā¹20 lacs | |||||
+Available in Select Locations Only.
| Indus One Business Account Tiers | ||||||
|---|---|---|---|---|---|---|
| Trade Services & Charges | T25 | T50 | T100Ā | T300 | T500 | |
| Remittances | Inward RemittancesĀ | Free | Free | Free | Free | Free |
| Non Trade Outward remittances | Std Charges | ā¹250Ā | ā¹250 | ā¹83 | ā¹83 | |
| FIRC issuanceĀ | Free | Free | Free | Free | Free | |
| Exports | Export Bills for collections and under LC | Std Charges | ā¹500 | ā¹400 | ā¹83 | ā¹83Ā |
| Advance Export Bills | Std Charges | ā¹500/Bill | ā¹400/BillĀ | ā¹83/Bill | ā¹83/Bill | |
| Export LC advising | Std Charges | ā¹600 | ā¹500 | ā¹83 | ā¹83Ā | |
| BRC issuance for all export transactions | Free | Free | Free | Free | Free | |
| Imports | Advance Payments for ImportsĀ | Std Charges | ā¹500 Flat | ā¹400 Flat | ā¹83 FlatĀ | ā¹83 Flat |
| Direct Import Bills | Std Charges | ā¹500 FlatĀ | ā¹400 Flat | ā¹83 Flat | ā¹83 Flat | |
| Import Bills for CollectionĀ | Std Charges | ā¹500 Flat | ā¹400 Flat | ā¹83 FlatĀ | ā¹83 Flat | |
| Miscellaneous Charges | Swift Charges | Std Charges | ā¹250 | ā¹150 | ā¹83 | ā¹83Ā |
| International Courier Charges | Std Charges | ā¹1000 | ā¹1000Ā | ā¹1000 | ā¹1000 | |
| Registered Post Charges | Std Charges | ā¹250 | ā¹250 | ā¹83 | ā¹83Ā | |
| Commission in Lieu of Exchange | 0.13% | 0.10% | ||||
| Indus One Business Account Tiers | ||||||
|---|---|---|---|---|---|---|
| Other Charges | T25 | T50 | T100 | T300 | T500 | |
| Stop Payment | Cheque | Single Cheque- ā¹100, Series Cheque- ā¹150, Nil Charges if requested through IndusNet/Indus Mobile/IVR | Free | Free | Free | |
| Cheque Return | Inward for Financial Reason | Upto 2 instruments per month ā¹350, On 3rd & 4th instrument- ā¹500 per instrument, 5th Instrument onwards- ā¹750 per instrument | ||||
| Outward | Standard Charges** | Nil Charges Up to 3 Cheques per month thereafter standard charges** | Nil Charges Up to 5 Cheques per month thereafter standard charges** | Nil Charges Up to 10 Cheques per month thereafter standard charges** | Nil Charges Up to 15 Cheques per month thereafter standard charges** | |
| NACH/ECS Return | ā¹200 | |||||
| Account Statement (Adhoc printed statement) | ā¹10 per statement through branch | |||||
| Standing Instruction- Setup/Amendments/Failure/Cancellation | Free | Free | Free | Free | Free | |
| DD Cancellation/Duplicate Instrument Issuance/Revalidation (Own Bank) | Free | Free | Free | Free | Free | |
| DD Cancellation / Revalidation (Other Bank) | Free | Free | Free | Free | Free | |
| Banker's Verification (Photo/Signatures/Address) | Free | Free | Free | Free | Free | |
| Balance Confirmation Certificate | Free | Free | Free | Free | Free | |
| Interest / TDS Certificate | Free | Free | Free | Free | Free | |
| Email Statement (Daily / Monthly) | Free | Free | Free | Free | Free | |
| Dormant Account Activation | Free | Free | Free | Free | Free | |
| Account Closure Charges | Free | Free | Free | Free | Free | |
| SMS Alert | Free | Free | Free | Free | Free | |
| Enquire related to Old Records | Free | Free | Free | Free | Free | |
| Non-Financial Transaction- Other Bank ATMs in India | Free | Free | Free | Free | Free | |
**Standard Cheque Return (Outward) Charges: ā¹50 per cheque for IndusInd Bank Location & ā¹100 per cheque+Out of Pocket Expenses for Other Locations
Schedule of Charges for Indus One Business account.
Terms & Conditions