Digital Banking for Businesses

IndusDIRECT is our integrated corporate internet banking platform that supports the transaction banking requirements of our customers across Payments & Trade Services. 

The following features are supported:

IndusDIRECT for Payments:

• Real-Time Balance & Transactions Reporting
• Quick Statement & Account Statement downloads
• Payment Initiation (RTGS, NEFT, IMPS, Internal Funds Transfer & Cheques)
• Bulk File Upload from your ERP
• Online Cheque Book Requests
• Fixed Deposit Initiation and modification
• Statutory Payments (Tax Payments, Custom Duty, EPFO, ESIC)
• Customised Payment Reports
• Corporate Card Payments
• Single and Bulk Beneficary Management
• Stock Statement Upload
• Beneficary Account Name Lookup

IndusDIRECT for Trade Services:

• Bank Guarantees (Initiation & Amendment)
• Letters of Credit (Issuance, Amendment, Documents under LC & Advising)
• Documents Under Collection (Export, Import & Inland Trade)
• Outward Remittances (Trade, Direct Import & A2 payments)
• Inward Remittance (Disposal instruction)
• PreShipment Finance (EPC/PCFC initiation, Repay)
• EEFC Conversion
• IDPMS/EDPMS Dashboard (BoE/ORM/SB/IRM with Ageing Analysis)
• Regularize IDPMS & EDPMS
• Online Book FX (IRM & ORM)
• Account balance (CA & OD)

In addition to a rich user interface and comprehensive product support, the channel offers utmost security for enhanced user experience. Our security features include https with SSL, Payment file encryption (on request), online authorisation as per Board Resolution, distinct user roles and two-factor authentication. 

Trade Services User Manual

For corporates who wish to have a seamless integration, we can offer Connect Online SFTP as a value-added solution where payment files can be directly transferred to the Bank via secure connectivity.

Customer can opt to enforce online authorisation via Connect Online for added security and control. The channel combines the benefits of a seamless integration with online authorisation for enhanced process control and efficiency. 

Our all-new Corporate Mobile Banking App enables Banking On the Go for our corporate clients. Our clients can manage their payments, enquire real-time balances, request for a statement of accounts, view the payment status and view Trade Dashboard on the go. Leveraging on the security offered by phone devices, users can opt for biometric driven transaction authorisation in addition to the traditional MPIN driven authentication. 

We offer a rich API Banking experience for our clients across their receivables, payables and liquidity management requirements. At IndusInd, we truly believe API Banking brings in benefits of process automation, seamless interface, real-time transaction status update and enables corporates to re-engineer their operational processes with enhanced efficiency, transparency, speed and control. We offer a complete stack of API Banking for Account Statements, Disbursements and Electronic Receivables.

Customers who are interested in any of the above products can reach out to their Relationship Managers or drop an email to idcsupport@indusind.com

IndusDIRECT is our integrated corporate internet banking platform that supports the transaction banking requirements of our customers across Payments & Trade Services. 

The following features are supported on the Corporate Mobile App:

Payment Services:

• Access account services – real-time balances, mini statements, All accounts view
• Initiate and Authorize your domestic payment
• Create / Modify / Approve Beneficiaries
• Authorise bulk payment files uploaded through IndusDIRECT web portal, Statutory Payments(Tax), Bill Payments, Corporate Card Payment, FD Booking.
• Inquiry of Payment Status and Beneficiary.
• View Interest Certificate
• Stock Statement Submission
• Initiate income tax payment from Mobile
• Beneficary Account Name Lookup 

Trade Services:

• Trade Dashboard
• View DPMS/EDPMS Dashboard (BoE/ORM/SB/IRM with Ageing Analysis)
• Initiate Inward Remittance settlement
• Initiate Outward Remittance (Trade, Direct Import & A2 payments)
• Initiate Direct Export Lodgement
• Initiate EEFC Transfer
• Apply for Pre Shipment finance (EPC/PCFC)
• Authorization of Trade transactions
• Regularize your EDPMS and IDPMS
• Online Book FX (IRM & ORM)
• Real time app notification (Pending approval, Processed Transaction, Received IR, System Downtime)

• Initiate RTGS, NEFT, IMPS, cheques & drafts
• Upload files for bulk payments
• Real time balances & account statements
• Authorise payments as per board resolution

• Issue guarantees & letters of credit
• Settle inward remittances
• Initiate foreign currency payments
• Regularise bill of entry/shipping bill